Air China to Cement Domination in Beijing Capital Airport

BEIJING, Dec 03, 2007 (SinoCast via COMTEX) -- AICAF | charts | news | PowerRating -- Air China Ltd. (SEHK: 0753), the nation's largest airlines company, expects the new schedule that the Beijing Capital International Airport will adopt in 2008 will help the air carrier hold bigger market share in the airport.

Zhan Lan, vice president of Air China, reveals that from next April, the Capital Airport will add 200 flights everyday to its schedule and has determined to put aside 60% of them to Air China. Moreover, Air China will join hands with the Star Alliance to integrate resources to enhance the utilization of the T3 terminal of the Capital Airport, which will start operation before the Beijing 2008 Olympic Games.

Ms. Zhang forecasts that the natural growth of China's air transport market would reach 17.91% in 2008, while the coming Olympics will bring additional increase of 5% to 6%. Now, Air China is busy in clinching key customers for the game.

To join in Star Alliance on December 12, 2007, Air China expects to get vigorous support from the global largest airlines union, which covers 853 cities in 157 countries, snatching about 26% of the world's airlines market.

From stocknews.com.cn, Page 1, Friday, November 30, 2007 info@SinoCast.Com

More News:   Market Updates | Stock Alerts | All Trading News | Stock Index