Air transport liberalization is an important way to promote the further development and improvement of air transport market. This experiment takes the bilateral liberalization measures of air transport as the research object and Air Macau as the case. Through comparison and analysis of the data of Air Macau and other airlines, it is found that the market share, total assets and total profits of the aviation industry in Macao even lag behind that of British Airways. However, the implementation of bilateral liberalization of air transport is expected to bring new development opportunities for Air Macau and promote its further improvement in the international aviation market. The bilateral air transport liberalization agreement has played a positive role in promoting Macao's aviation industry, making Macao airlines more competitive in the market.

Jiehua Zhong, Ho Yin Kan. Impact Analysis of Bilateral Liberalization of Air Transport and Comparison with Air Macau. International Journal of Frontiers in Sociology (2023), Vol. 5, Issue 10: 1-5. https://doi.org/10.25236/IJFS.2023.051001.

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