Macau Airfare Agents Now Can Sell Tickets in China

Written on January 22, 2007 by admin

Macau airfare agents are now allowed to set up wholly owned companies on the mainland market, as China’s civil aviation authority further opened its ticket distribution sector.

The new market entrants, allowed to begin operations this month, are expected to heighten competition among the country’s tens of thousands of airfare agents in the fast-growing air travel market, industry officials said.

Hong Kong and Macau airfare agents that set up joint ventures with local partners or operate as a wholly owned concern will enjoy the same capital thresholds as mainland companies, the General Administration of Civil Aviation, the industry regulator, said on its Website yesterday.

The strategy to promote electronic services has been adopted by several domestic airfare agents after the success of Ctrip.com and the growing popularity of e-tickets, industry officials said.

Chinese airlines carried 147 million passengers in the first 11 months of last year, up 15.3 percent from a year ago.

Source | ShanghaiDaily

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