CAAC expects 13% increase in traffic for 2011-2015 period. 267 mill pax in 2010

The CAAC, in its 12th five-year development plan (2011-2015) submitted to the National Development and Reform Commission for approval, forecasts an annual increase of 13% in traffic over the next five years to 2015 - nicely ahead of a projected annual increase of 11% in capacity over the same period. This would mean the nation’s carriers are expected to handle around 500 million passengers p/a in 2015, representing massive growth of 262% in the decade between 2005 and 2015, and enjoy rising load factors and, most likely, yields over the medium term. [1695 words]

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This report contains the following subheadings:

• 267 mill pax in 2010; 300 million expected in 2011
• Chinese carriers to introduce 290 new aircraft in 2011
• China Eastern handles 65 million pax  
• China Southern handles 80 million pax  
• Air China handles 46 million pax
• Xiamen Airlines to add 466 new services over Lunar New Year
• Smaller carriers also growing
• Chinese carriers expecting expansion in online sales
• Growth trajectory to continue. An extra 230 million annual passengers over the next five years

This report contains the following charts and tables:

• CAAC passenger and cargo traffic, growth and forecast: 2003 to 2030F