China Encouraging Private Investments In Aviation, Airports | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

Airborne Unlimited -- Most Recent Daily Episodes

Episode Date

Airborne-Monday

Airborne-Tuesday

 Airborne-Wednesday Airborne-Thursday

Airborne-Friday

Airborne On YouTube

Airborne-Unlimited-04.29.24

Airborne-Unlimited-04.23.24

 Airborne-Unlimited-04.24.24 Airborne-FltTraining-04.25.24

Airborne-Unlimited-04.26.24

Sun, Aug 26, 2018

China Encouraging Private Investments In Aviation, Airports

Some $16 Billion Is Targeted For Increased Competitiveness

China is encouraging private investment in more than two dozen aviation-related projects in an effort to make that sector more competitive globally.

Reuters reports there are 28 projects that need a combined $16 billion in funding. Eleven of those projects already have private investors. For example, the CAAC and the National Development and Reform Commission released a joint statement indicating that the Ezhou cargo airport in Hubei province has already seen an infusion of cast from Chinese courier S.F. Holdings.

The 17 projects still seeking funding include a flight training school, drone delivery development, and support services for a new airport in Beijing, according to the statement.

The government regulators say they will open up more projects to private investment, but did not offer any details about what those project might be.

The IATA says the Chinese aviation market is the fastest-growing in the world, and is expected to surpass the U.S. as the largest aviation market by 2020.

(Image from file)

FMI: Source report

Advertisement

More News

Unfortunate... ANN/SportPlane Resource Guide Adds To Cautionary Advisories

The Industry Continues to be Rocked By Some Questionable Operations Recent investigations and a great deal of data has resulted in ANN’s SportPlane Resource Guide’s rep>[...]

ANN FAQ: Turn On Post Notifications

Make Sure You NEVER Miss A New Story From Aero-News Network Do you ever feel like you never see posts from a certain person or page on Facebook or Instagram? Here’s how you c>[...]

ANN's Daily Aero-Term (04.29.24): Visual Approach Slope Indicator (VASI)

Visual Approach Slope Indicator (VASI) An airport lighting facility providing vertical visual approach slope guidance to aircraft during approach to landing by radiating a directio>[...]

ANN's Daily Aero-Term (04.28.24): Airport Marking Aids

Airport Marking Aids Markings used on runway and taxiway surfaces to identify a specific runway, a runway threshold, a centerline, a hold line, etc. A runway should be marked in ac>[...]

ANN's Daily Aero-Linx (04.28.24)

Aero Linx: The Skyhawk Association The Skyhawk Association is a non-profit organization founded by former Skyhawk Pilots which is open to anyone with an affinity for the A-4 Skyhaw>[...]

blog comments powered by Disqus



Change Display

Headlines Only | Headlines w/ Teasers | View Everything

Advertisement

Top Videos

Airborne 05.01.24: WACO Kitchen, FAA Reauthorization, World Skydiving Day

Airborne-NextGen 04.30.24: Skydweller Flies, Cassio 330, UAV Design Competition

Airborne 04.29.24: EAA B-25 Rides, Textron 2024, G700 Deliveries

See All

Advertisement

Podcasts

Advertisement

© 2007 - 2024 Web Development & Design by Pauli Systems, LC