AIRLINE Business, September 2007 issue

Cover Feature: Yang Yuanyuan,57 years young as the Aviation Minister of China: Yang outlines his next steps in transforming one of the world's largest and most important aviation market. He shares his vision for the future role of low-cost carriers and pricing liberalisation. Currently there are 24 airlines in China. Market Transformation-1. Large full-service airline with fleet 300-400 aircrafts. 2. Low-cost carriers. 3. Regional aircraft operators. China is in the Headlines with interests from folks all over the world for Olympics in Beijing in 2008 and Shanghai Expo in 2010. Francis Shieh aka Xie Shihao. September 12, 2007