LCCs, new entrants feel effects of CAAC decision to limit growth

Early indications are that CAAC's decision to bar most new domestic entrants from the market until 2010 will have the desired effect, as LCCs and airlines still seeking approval are struggling to move forward in the wake of the regulator's action. Haitong Securities aviation analyst Ma Yin noted that a dozen companies that had expected to enter the market now likely will fail to secure CAAC approval because of the policy announced two weeks ago (ATWOnline, Aug. 16). "Now all we can do is to ...