A challenging year for China’s private carriers in 2009

2009 is proving to be a do or die year for China’s private carriers, as they, and other airlines around the world, are confronted by a weak revenue environment and a downturn in traffic volume. The one thing in their favour is the seeming improvement in the local economy, which appears to be translating into a recovery in air travel demand. [2595 words]

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This report contains the following subheadings:

• Sichuan Airlines gains controlling holding in United Eagle Airlines, following a turbulent 2008 
• Indebted East Star Airlines attempts yet another revival 
•  Okay Airlines in discussions with potential investors
• Juneyao Airlines takes delivery of new A320; profitable in 2008
• Spring Airlines to spread wings internationally; targeting profitability in 2009

This report contains the following charts and tables:

•  China’s Private Carriers 
• China domestic capacity (seats) by carrier: Jul-2009 
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• Okay Airlines aircraft delivery schedule (2009 to 2012): Jul-2009
• Juneyao Airline aircraft delivery schedule (2009 to 2012): Jul-2009
• Spring Airlines aircraft delivery schedule: Jul-2009
• Passenger numbers trends for the smaller Chinese airlines:  May-2006 to May-2009