The airline business is not a very profitable one because the capital cost needed is huge.
More Quotes from Gao Hongfeng:
China will purchase more than 100 aircraft each year in the 11th Five-Year Plan period (2006-10).Gao Hongfeng
We have felt that we are walking on thin ice in safety management.
Gao Hongfeng
Every year in the next five years, the country will add more than 100 planes, meaning we will need more than 1,000 pilots. We will face great pressure in training good pilots for these planes.
Gao Hongfeng
Of course, in future we will integrate the fees collected on international routes and domestic routes.
Gao Hongfeng
Particularly the shortage of flight personnel and the shortage of usable airspace are two big bottlenecks restricting the development of civil aviation in China.
Gao Hongfeng
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