8-Apr-2011 10:51 AM

China to construct 56 airports in five years

CAAC announced (07-Apr-2011) plans to construct 56 airports in the next five years. Head of CAAC Li Jiaxiang said China plans to increase its capacity to transport an estimated 450 million passengers p/a and to reach this goal, USD 230 billion (CNY1.5 trillion) will be invested in the next five years (Xinhua, 07-Apr-2011). With the investment, the number of airports in the nation is expected to reach 230 while the aircraft fleet will likely be more than 4500 units.