Chinese regulator CAAC is planning a series of measures designed to lift domestic freight carriers out of the red, including increasing shipping rates, providing subsidies and encouraging mergers and consolidation. Foreign airlines currently hold an 85% share of the Chinese international cargo market. There are nine domestic freight carriers operating 70 aircraft as of Dec. 31, 2008. According to CAAC, domestic cargo transport growth lags behind passenger growth and has suffered considerably ...

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