1. Friday May 25, 2018
      Home > News > Economy
      Text:| Print|

      Chinese airlines buck global downturn

      2012-07-25 09:00 China Daily     Web Editor: Li Jing comment

      Faced with the global aviation industry downturn, Chinese airlines are being forced to compete among themselves in increasingly innovative ways.

      In Western Europe and North America, many airlines have recently reported worse-than-expected losses. In China, the country's international carrier Air China saw its profits fall 38 percent last year.

      However, two other large airlines - China Eastern and China Southern, in which the State holds controlling stakes - still managed to expand using innovative strategies.

      China Southern Airlines, which claims to be the largest airline by passenger capacities in Asia and the fifth-largest in the world, is leveraging its extensive domestic service network and its transit hub in Guangzhou, to provide customers with a convenient connection between international and domestic services.

      At a time when most developed economies are suffering from a lingering crisis, more Chinese people are traveling abroad for tourism and business.

      "Now is a good time for our business to go abroad," said Si Xianmin, China Southern's chairman, in an interview with China Daily.

      After launching six international service routes last year, China Southern started direct flights from Guangzhou to London in June, connecting wealthy travelers from China's southern provinces with European destinations.

      "We're aiming to increase international routes to 30 percent of our company's total routes this year, up from 27 percent last year," Si said.

      Compared with other major Chinese airlines, China Southern's advantage is its mature domestic network, Si said. It now operates around 200 domestic routes, more than the other two major State-owned airlines, Air China and China Eastern.

      Thanks to its comprehensive domestic network, China Southern can attract more passengers from the second and third-tier cities, where other airlines have no direct flights, Si added.

      As a result, Guangzhou Baiyun International Airport — China Southern's home base — has become one of the country's major transit hubs. In 2011, it was China's second-busiest airport and the world's 19th busiest in terms of passenger traffic, with more than 45 million passengers handled.

      The company forecasts a soaring passenger load factor, a measure of the utilization of the total capacity of its planes, on international flights, Si said.

      In 2010, when China Southern launched its route to Australia, it saw its passenger numbers increase by 97 percent in a year, with its passenger load factor rising from 54 percent to 78 percent, enabling the company's total international revenue to surge 48 percent year-on-year.

      China's air travel market is around 300 million passengers a year, and the figure is expected to grow to 450 million in three years.

      Meanwhile, the strategy of Shanghai-based China Eastern Airlines is to seek growth through international cooperation.

      The airline is working with Australia's Qantas to launch Hong Kong's first budget airline.

      Jetstar Hong Kong will be a $198 million joint venture in which Qantas and China Eastern will hold equal stakes. It plans to start flying next year.

      Liu Shaoyong, China Eastern's chairman, said the Qantas JV is a key step in the company's globalization.

      However, it is still too early to tell whether China Eastern will succeed in this part of the world, where the concept of budget travel is still new.

      Comments (0)

      Copyright ©1999-2011 Chinanews.com. All rights reserved.
      Reproduction in whole or in part without permission is prohibited.

      主站蜘蛛池模板: 久久九九AV免费精品| jizz在线免费观看| 亚洲人成伊人成综合网久久| 亚洲最新黄色网址| 精品亚洲国产成人| 亚洲AV无码专区亚洲AV桃| 国产精品亚洲va在线观看| 全部一级一级毛片免费看| 国产免费人成视频尤勿视频| 日韩电影免费在线观看网站| 少妇太爽了在线观看免费视频| 最近最新高清免费中文字幕| 久久精品中文字幕免费| 永久黄网站色视频免费直播| 亚洲а∨天堂久久精品| 亚洲精品无码乱码成人| 亚洲黄色一级毛片| 亚洲色少妇熟女11p| 四虎影视在线看免费观看| 爽爽爽爽爽爽爽成人免费观看| 免费国产黄网站在线观看可以下载| 免费黄色网址网站| 国产精品免费电影| 亚洲日本va在线视频观看| 亚洲毛片在线免费观看| 精品无码专区亚洲| 色www永久免费网站| 四虎永久免费观看| 久久久久亚洲精品天堂| 亚洲av无码成人精品国产| 最近中文字幕大全中文字幕免费| 亚洲男人第一无码aⅴ网站| 亚洲视频小说图片| 一级做受视频免费是看美女| 2019中文字幕免费电影在线播放| AV在线播放日韩亚洲欧| 亚洲国产成人综合| 日本免费一区二区久久人人澡| 亚洲成a人无码av波多野按摩| 亚洲中文字幕精品久久| 亚洲视频免费在线播放|