Location of Tibet Airlines main hub (Lhasa Airport)
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The CAAC this quarter confirmed it would continue the suspension on accepting new airline applications, including the establishment of subsidiary airlines, in a bid to ease competitive pressures and improve air transport safety requirements. The CAAC will also stop receiving applications for airlines to establish branch companies, and increase the threshold on airlines wishing to establish subsidiaries and branch companies.
China Air Show: China welcomes C919 to the world; manufacturers reaffirm committment to China market
China International Aviation & Aerospace Exhibition (Airshow China) was held on 16/21-Nov-2010 in Zhuhai and showcased the rise of China’s civil aircraft manufacturer and also the growing importance of the Chinese civil aviation industry to international manufacturers and suppliers. A breakthrough for the event was rising domestic participation with Commercial Aircraft Corporation of China (COMAC) having a stand at Airshow for the first time. COMAC's C919 was the big news of the Airshow, racking up orders for 100 aircraft.
The Tibet Autonomous Region is one of the most exciting aviation markets on the planet. Over the past 10 years, the Central Government in Beijing has invested CNY310 billion (USD46 billion) in Tibet – equivalent to almost USD15,000 per person – building infrastructure and developing mining, agriculture and tourism industries. This is expected to continue, with China’s President Hu Jintao stating earlier this year that the government would seek to "fast-track" development in Tibet, to enhance security in the region, with plans to raise infrastructure quality and agricultural incomes to national levels by 2020.