China Scraps Floor Price for Air Fares to Boost Budget Travel

Discussion in 'General Discussion | Travel' started by Newscience, Nov 8, 2013.  |  Print Topic

  1. Newscience

    Newscience Gold Member

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    China scrapped a rule that required airlines to keep a minimum domestic ticket price as the world’s most-populous nation seeks to spur air travel demand.
    Eliminating the floor level for fares will help carriers attract more travelers by offering cheaper prices, the People’s Daily reported today, citing Xia Xinghua, the civil aviation regulator’s deputy director. The regulator may also consider adding a budget air terminal in the planned second airport in Beijing, Xia was quoted by the Beijing Youth Daily today...

    See:
    http://www.bloomberg.com/news/2013-...ice-for-air-fares-to-boost-budget-travel.html
     
  2. Thomask

    Thomask Silver Member

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    I like that and look forward to cheaper fares.
     
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