China's air transporting industry slows down
By Xin Dingding | China Daily | Updated: 2011-12-27 08:18
BEIJING - China's air transport industry has registered a single-digit growth rate this year due to the global economic meltdown and domestic airspace restrictions, a top civil aviation official said.
The air transport industry achieved an estimated total air traffic (including passenger and cargo traffic) of 57.4 billion ton-kilometer this year, up 6.6 percent from that in 2010, according to statistics released by the Civil Aviation Administration of China (CAAC) on Monday.
It is the first single-digit growth since 2003 when the industry was hit by the SARS epidemic - the industry experienced double-digit growth from 2004 through 2010.
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