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China’s airlines reports profits in Sep-2009, as domestic traffic recovery gathers pace
21st October, 2009
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. [2585 words]
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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
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