Sichuan Airlines to continue impressive growth trajectory supported by A320 and C919 acquisitions

Chengdu-based Sichuan Airlines, China’s seventh largest airline, like many of its ambitious peers, will continue its impressive growth trajectory in the coming years. It plans to expand its fleet to 100 aircraft and grow its assets and revenues to CNY10 billion (USD1.57 billion) by the end of 2015. 

Sichuan Airlines, an affiliate of China Southern Airlines, is adding 13 Airbus aircraft in 2011, and has 18 more A320s scheduled for delivery from Airbus through 2014. The carrier also signed a purchase agreement with Airbus for eight additional aircraft, comprising two A319s, four A320s and two A321s on 29-Nov-2011, adding to its fleet total. Four aircraft will be delivered in 2014 and the remaining four will be delivered in 2015, according to Carnoc reports. [1104 words]

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This report contains the following subheadings:

• Divests E145 fleet but adding C919s from 2018
• Total of 195 C919 orders to date
• Double-digit growth in 2011 for Sichuan Airlines
• International expansion, but domestic services the bread and butter
• Sichuan Airlines – a name to watch in coming years

This report contains the following charts and tables:

• Top 10 airlines in China (domestic and international) by weekly seats: 28-Nov-2011 to 04-Dec-2011
• Sichuan Airlines passenger numbers: 2009 to 2011
• Sichuan Airlines' destination: Dec-2011
• Harbin Airport to Hailar Airport (seats per week, one way): 19-Sep-2011 to 25-Mar-2012