China will reform its air ticket pricing in the first half of 2003, Yang Yuanyuan, director of the General Administration of Civil Aviation of China (CAAC), said in Beijing Thursday.
The reform will implement government-guided pricing for airline companies. The State Development Planning Commission and the CAAC will determine basic prices and fluctuation rates, Yang said.
Airline companies will set up a multi-level air ticket system and sell tickets at different prices according to different purchase time, high or low season, number of tickets and flight time, he said.
(Xinhua News Agency January 25, 2003)
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