Aus­tralia, China agree to open up avi­a­tion mar­kets

China Daily (Hong Kong) - - BUSINESS - By XIN­HUA in Can­berra

Aus­tralian and Chi­nese gov­ern­ments have reached an agree­ment to open up the avi­a­tion mar­ket be­tween the two coun­tries, Aus­tralian Min­is­ter for In­fra­struc­ture and Trans­port Darren Ch­ester and Min­is­ter for Trade, Tourism and In­vest­ment Steven Ciobo said in a state­ment on Sun­day. The state­ment said the new ar­range­ments will re­move all ca­pac­ity re­stric­tions be­tween Aus­tralia and China for each coun­try's air­lines, al­low­ing Aus­tralian tourism busi­nesses to take ad­van­tage of the largest and fastest grow­ing con­sumer mar­ket in the world.

“We have also lib­er­al­ized traf­fic rights and code share ar­range­ments, which are im­por­tant for Aus­tralian air­lines. This will en­able Aus­tralian and Chi­nese air­lines to ser­vice des­ti­na­tions be­tween and be­yond both coun­tries, and will al­low them to take full ad­van­tage of their co­op­er­a­tive ar­range­ments with their com- mer­cial al­liance said Ch­ester.

The two coun­tries have seen a boom in di­rect flights in re­cent months. Air China, Chi­nas na­tional flag car­rier, started its Chengdu-Sydney route in Novem­ber, while China part­ners,” South­ern Air­line is ex­pected to be­gin its Guangzhou-Ade­laide ser­vice in De­cem­ber. Aus­tralia’s flag car­rier Qan­tas also an­nounced that it will re­launch its daily ser­vice from Sydney to Beijing in Jan­uary.

Ciobo said there is un­lim­ited po­ten­tial for Aus­tralian tourism fol­low­ing this his­toric agree­ment.

“China is Aus­tralia’s fastest grow­ing and high­est spend­ing in­ter­na­tional vis­i­tor mar­ket. More than 1 mil­lion Chi­nese tourists vis­ited Aus­tralia in 2015-16 (up 22.3 per­cent from the pre­vi­ous year), and spent A$9 bil­lion ($6.7 bil­lion) dur­ing their stay,” he said.

The out­bound China mar­ket is pre­dicted to dou­ble to over 200 mil­lion trav­el­ers an­nu­ally by 2020. “This agree­ment will help Aus­tralia snare a larger slice of that, cre­at­ing more Aus­tralian jobs and eco­nomic growth,” said Ciobo.

The year 2017 has been named Aus­tralia-China Year of Tourism.

We have also lib­er­al­ized traf­fic rights and code share ar­range­ments, which are im­por­tant for Aus­tralian air­lines.” Darren Ch­ester, Aus­tralian Min­is­ter for In­fra­struc­ture and Trans­port

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