Beyond China’s borders
Chinese carriers are set to grow their international footprints in 2011 – ASM’s Ong KeeKeat highlights some of the most signifi cant recent network developments in China.
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hina’s airlines have shown clear indications that they will continue to expand their international networks.
IATA has stated that an estimated one billion people in the Asia-Pacifi c region will travel by air by 2014. China, Japan and Hong Kong will be the biggest international passenger markets in the Asia-Pacifi c, with China contributing the most to new travellers.
The Chinese carriers have been expanding exponentially and have been especially aggressive with their international network expansion in
recent years. Two major Chinese carriers are listed among the fi ve largest airlines in the world by market capitalisation – Air China at $20 billion and China Southern Airlines at $11 billion. The strong economic growth in China, complemented by the strong fi nancial fundamentals of its major carriers, augurs well for further development of China’s aviation market.
Domestic market growth Domestically, the market in China has grown from 2.1 million weekly seats in Northern Winter (NW) 2000/01 season to 7.2 million weekly seats in
NW2010/11 season. The strong growth on domestic sectors is expected to continue given the huge narrowbody aircraft orders that have been placed by the Chinese carriers. This is supported by reported plans to build an additional 97 new airports, bringing the total number of civil airports in China to 244 by year 2020.
International market growth In comparison, China’s international passenger market is only a fraction of the domestic passenger market – translating to 8% of overall weekly frequency or 11% of weekly seats.
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