|By PR Newswire||
|March 12, 2014 08:01 PM EDT||
DUBLIN, March 13, 2014 /PRNewswire/ --
Research and Markets (http://www.researchandmarkets.com/research/f8cgl2/china_air) have announced the addition of the "China Air Transport and Airport Industry Report" report to their offering.
(Logo: http://photos.prnewswire.com/prnh/20130307/600769 )
In January-November 2013, China's civil aviation industry completed total traffic turnover of 61.6 billion ton kilometers, up 10.3% YoY; passenger transport volume of 326 million people, up 11.0% YoY; cargo and mail traffic of 5.067 million tons, up 2.4% YoY. Compared to the falling tendency in 2011 and 2012, growth rate recovered slightly in 2013.
Under the comprehensive action of sluggish macro-economy superimposed by structural impact brought by high-speed rail, the overall effectiveness of Chinese aviation industry continues to decline. For the first quarters of 2013, net income of China's three major state-owned airlines witnessed year-on-year decrease: Air China fell by 3.69% YoY to RMB4.061 billion; China Eastern Airlines RMB3.621 billion, a slight decline of 0.23%; China Southern Airlines RMB2.46 billion, down 7.69% YoY. But Hainan Airlines embraced double-digit growth in net income, which rose 28.44% YoY to RMB2.184 billion.
In order to improve their performance, Chinese airlines since 2013 have been looking for breakthroughs mainly through two ways: to accelerate the open-up of international and regional airlines and to tap into low-cost aviation field. Among them, China Eastern Airlines, Hainan Airlines, Spring Airlines, Juneyao Airlines, etc. have made layout in the low-cost airline business, and many foreign low-cost airlines are also planning to seize the Chinese market.
So far, there is only Spring Airlines that has opened the low-cost airline operating model in China. Founded in 2004, Spring Airlines has boasted 40 Airbus A320-200 aircrafts as of January 2014; volume of passenger traffic reached 8.847 million persons-times in January-October 2013, a year-on-year increase of 14.69%.
Key Topics Covered:
1. Development Environment for China Air Transport Industry
2. Operation and Development Status of China Air Transport Industry
3. Operation of China Airport Transportation Industry
4. Economic Benefits of China Air Transport and Airport Industry
5. Operation of Major Chinese Airlines
6. Operation of Major Chinese Airports
7. Summary and Forecasts for China Air Transport and Airport Industry
- Air China
- Baiyun Airport
- Beijing Capital International Airport
- Cathay Pacific Airways
- Changsha Huanghua International Airport
- Chengdu Shuangliu International Airport
- China Cargo Airlines
- China Eastern Airlines
- China Express
- China Postal Airlines
- China Southern Airlines
- China United Airlines
- Chongqing Jiangbei International Airport
- Hainan Airlines
- Hangzhou Xiaoshan International Airport
- Juneyao Airlines
- Kunming Wujiaba International Airport
- Nanjing Lukou International Airport
- Okay Airways
- Shandong Airlines
- Shanghai Airport
- Shenzhen Airlines
- Shenzhen Airport
- Sichuan Airlines
- Spring Airlines
- Tianjin Binhai International Airport
- Wuhan Tianhe International Airport
- Xi'an Xianyang International Airport
- Xiamen Airlines
- Xiamen Gaoqi International Airport
- Yancheng Nanyang Airport
For more information visit http://www.researchandmarkets.com/research/f8cgl2/china_air
Media Contact: Laura Wood, +353-1-481-1716, [email protected]
SOURCE Research and Markets
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