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Thursday, November 03, 2016
Three obstacles faced by China 's aviation market growth
ANBOUND

On November 1, China Commercial Aircraft Company has released the Annual Report on Commercial Airplane Market 2016-2035, stating that steady economic growth will promote the development of China's air transport industry, with an average fleet growth rate of 5.5%. However, Anbound believes that the growth of China's aviation market is not entirely optimistic. First of all, the development of rail transport poses great challenge to short-distance air transport. Secondly, at present, the time resources of China's major aviation hubs such as Beijing, Shanghai, Guangzhou and Chengdu are close to saturation. Thirdly, there are shortcomings of China's aviation control team development, causing frequent accidents; at the same time air transport risks are increasing. Admittedly, China's air transport industry is facing a lot of challenges in the market; one must be vigilant of its development risks as well.

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