29-Nov-2010 12:01 PM

High-speed rail pose threat to Chinese aviation: China Eastern

China Eastern Airlines general manager Liu Shaoyong said: "Airlines should seek cooperation with high-speed railways to explore international markets where high-speed railways can't reach" (Global Times, 26-Nov-2010). The Medium and Long-term Railway Development Plan was issued in 2004 which states that by 2020, major cities in China will be linked by high-speed rail. Once completed, high-speed railway projects will take 60% of the market share covered by air travel today.

Want More News Like This?

CAPA Membership gives you access to all news and analysis on the site, along with access to many areas of our comprehensive databases and toolsets.
Find Out More