China’s airlines reports profits in Sep-2009, as domestic traffic recovery gathers pace

CAAC stated the country’s civil aviation industry (airports, airlines and related sectors) reported a profit of USD127 million on revenues of USD4.0 billion in Sep-2009. This compares to loss of USD325 million in Sep-2008. [2560 words]

CAPA Members Login Username: Password: Remember details

Instantly get access to this article now for USD15.00. or If you've already bought this article, you can view it by typing your Article Key:

This report contains the following subheadings:

• China traffic on the improve: international passenger levels back to growth
• 70,000 cross-Strait passengers per week in Sep-2009
• Tourism revenue on the rise, thanks to booming domestic demand
• Double-digit cargo growth again in Aug-2009 and Sep-2009
• Continued growth among the majors in Sep-2009
• China Eastern: Double digit passenger growth in Sep-2009
• Air China:  Growth trend continues but softens marginally month-on-month
• China Southern: China’s largest carrier by pax, with numbers continuing to grow
• Hainan Airlines in rapid growth phase  
• Spring Airlines outperforms its smaller/private carrier rivals
• Freight back to double-digit growth in the Mainland
• Growth ahead for Oct-2009 with busy National Day Holiday
• Increased capacity leads to rising demand for jet fuel
• Domestic price alliance collapses
• CAAC to provide support for air cargo operators
• Outlook: Fastest growing aviation market in the world continues to grow, but profitability remains a concern

This report contains the following charts and tables:

• CAAC passenger numbers growth by domestic and international: Sep-2008 to Sep-2009
• CAAC passenger numbers growth and cargo volume growth: Sep-2008 to Sep-2009
• CAAC traffic highlights: Sep-2009
• Cathay, Hainan Airlines, China Eastern, China Southern and Air China passenger number growth: Jan-2007 to Sep-2009
• China Eastern Airlines traffic highlights: Sep-2009
• Cathay, Hainan Airlines, China Eastern, China Southern and Air China passenger load factor (ppts) growth: Jan-2007 to Sep-2009
• Air China traffic highlights: Sep-2009
• Air China total RPK & ASK growth: Sep-2008 to Sep-2009
• China Southern Airlines traffic highlights: Sep-2009
• Cathay, Hainan Airlines, China Eastern, China Southern and Air China capacity (ASKs) growth: Jan-2007 to Sep-2009
• Hainan Airlines traffic highlights: Sep-2009        
• Cathay, Hainan Airlines, China Eastern, China Southern and Air China traffic (RPKs) growth: Jan-2007 to Sep-2009
• Passenger numbers trends for the smaller Chinese airlines:  May-2008 to Jul-2009
• Cathay, Hainan Airlines, China Eastern, China Southern and Air China freight (FTKs) growth: Jan-2007 to Sep-2009