Browsing Tag: De-Regulation

Air China Airbus A330-200 (B-6075) with new livery

Air China Airbus A330-200 (B-6075) with new livery

China is joining the majority of the world and letting their airlines set their own prices. On June 1st the Chinese government is now letting airlines set prices based on the fluctuating market versus set prices. Previously first class tickets had to be set 1.5 times normal fares and business class had to be set 1.3 times normal fare.

The de-regulation also means that airlines can now start offering discounted tickets. Chinese airlines have already taken advantage of the new rules and are offering cheaper tickets in the coming weeks.

This move is great for passengers flying on airlines in China. Now with open competition, airlines will be able to compete for lower fares and more passengers.

Source: Image: Peng Chen