LINE

Text:AAAPrint
Ecns wire

Liberalized fares on 1,030 air routes, 10% fluctuation allowed

1
2018-04-19 16:27:40Ecns.cn Mo Hong'e ECNS App Download
A passenger plane takes off from an airport. (Photo/China News Service)

A passenger plane takes off from an airport. (Photo/China News Service)

(ECNS) -- China's civil aviation authorities have allowed ticket prices on 1,030 domestic air routes to be set based on the market.

Zhang Qing, an official with the Civil Aviation Administration of China (CAAC), said airlines can change prices within a limited range of 10 percent to avoid extensive, sharp price hikes.

Zhang said China began to relax domestic airfare restrictions in 2013. Data complied since shows average prices on domestic routes remained stable or experienced a slight decline.

Market forces are playing a central role in allocating civil aviation resources and also stimulating the market's vitality, he said.

The CAAC also urged airlines to ensure stability in the air transport market and make price changes in a rational way.

While the aviation regulator further liberalizes fees, a price supervision mechanism will also be established to record and punish illegal practices.

  

Related news

MorePhoto

Most popular in 24h

MoreTop news

MoreVideo

News
Politics
Business
Society
Culture
Military
Sci-tech
Entertainment
Sports
Odd
Features
Biz
Economy
Travel
Travel News
Travel Types
Events
Food
Hotel
Bar & Club
Architecture
Gallery
Photo
CNS Photo
Video
Video
Learning Chinese
Learn About China
Social Chinese
Business Chinese
Buzz Words
Bilingual
Resources
ECNS Wire
Special Coverage
Infographics
Voices
LINE
Back to top Links | About Us | Jobs | Contact Us | Privacy Policy
Copyright ©1999-2018 Chinanews.com. All rights reserved.
Reproduction in whole or in part without permission is prohibited.