{"id":35028,"date":"2005-12-30T23:31:48","date_gmt":"2005-12-30T15:31:48","guid":{"rendered":"http:\/\/www.chinahospitalitynews.com\/2005\/12\/30\/caac-will-lift-limits-on-airfare-discount-next-year\/"},"modified":"2005-12-30T23:31:48","modified_gmt":"2005-12-30T15:31:48","slug":"caac-will-lift-limits-on-airfare-discount-next-year","status":"publish","type":"post","link":"https:\/\/www.chinahospitalitynews.com\/cn\/2005\/12\/30\/35028\/","title":{"rendered":"CAAC Will Lift Limits On Airfare Discount Next Year"},"content":{"rendered":"<p><img decoding=\"async\" height=\"60\" src=\"http:\/\/www.chinahospitalitynews.com\/images\/caac_logo_120x60.gif\" width=\"120\" align=\"right\">News from the National Civil Aviation Conference says that CAAC is next year planning to cancel the limit on air ticket discounts and to make a government guidance price for fuel sales.<\/p>\n<p><!--more--><\/p>\n<p>At present, airline companies in China are allowed to adjust their ticket price according to a base price set by the Civil Aviation Administration of China (CAAC), and their pricing should not be 25% higher or 45% lower than that base price. <\/p>\n<p>In the future, in order to maintain fair competition, CAAC will lift limits over the minimum price and only manage the maximum pricing.<\/p>\n<p>CCAC has been discussing the reform with concerned parties for more than a year. The new policies will be released in succession after being revised by the participating parties. There is no firm deadline on when this will happen.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>News from the National Civil Aviation Conference says that CAAC is next year planning to cancel the limit on air ticket discounts and to make a government guidance price for fuel sales.<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12723],"tags":[],"class_list":["post-35028","post","type-post","status-publish","format-standard","hentry","category-english"],"_links":{"self":[{"href":"https:\/\/www.chinahospitalitynews.com\/cn\/wp-json\/wp\/v2\/posts\/35028","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.chinahospitalitynews.com\/cn\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.chinahospitalitynews.com\/cn\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.chinahospitalitynews.com\/cn\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.chinahospitalitynews.com\/cn\/wp-json\/wp\/v2\/comments?post=35028"}],"version-history":[{"count":0,"href":"https:\/\/www.chinahospitalitynews.com\/cn\/wp-json\/wp\/v2\/posts\/35028\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.chinahospitalitynews.com\/cn\/wp-json\/wp\/v2\/media?parent=35028"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.chinahospitalitynews.com\/cn\/wp-json\/wp\/v2\/categories?post=35028"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.chinahospitalitynews.com\/cn\/wp-json\/wp\/v2\/tags?post=35028"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}