Air China taps rebound in traffic
By Winny Wang |
July 27, 2011, Wednesday
|
Print Edition
Print Edition
WITH more passengers expected to consider air travel following last week's tragic bullet train accident and a string of mishaps in China's high-speed trains, Air China began to use the first Boeing 777-300ER China has bought on the Shanghai-Beijing service, the most profitable domestic route.
Beijing-based Air China, the country's flagship international carrier, said it will offer more comfortable services on the B777 jet, which it hopes will help the airline lure business passengers from their domestic peers and rail rivals.
The airline carried nearly 300 passengers on its B777 jet from Beijing to Shanghai's Hongqiao International Airport yesterday morning.
"We have seen a rebound in load factor on Beijing-Shanghai route since the inauguration of high-speed railway between the two cities,'' said Xu Junqing, senior marketing manager of Air China.
Xu said with rail ticket prices expected to rise further more passengers may choose to fly as a safer option after the bullet train accident last Saturday in Wenzhou in Zhejiang Province.
"Safety is the first concern when passengers choose the mode of travel," said Zhang Hongbo, an analyst at Citic Securities Co. "The recent railway accidents will lead to more rail passengers switching to other forms of transport and that in turn will benefit airlines."
Yesterday, China Eastern Airlines gained by the daily cap of 10 percent in Shanghai trading to 5.60 yuan and China Southern Airlines rose 9.2 percent to 8.68 yuan. Air China gained 7 percent to 10.37 yuan.
Beijing-based Air China, the country's flagship international carrier, said it will offer more comfortable services on the B777 jet, which it hopes will help the airline lure business passengers from their domestic peers and rail rivals.
The airline carried nearly 300 passengers on its B777 jet from Beijing to Shanghai's Hongqiao International Airport yesterday morning.
"We have seen a rebound in load factor on Beijing-Shanghai route since the inauguration of high-speed railway between the two cities,'' said Xu Junqing, senior marketing manager of Air China.
Xu said with rail ticket prices expected to rise further more passengers may choose to fly as a safer option after the bullet train accident last Saturday in Wenzhou in Zhejiang Province.
"Safety is the first concern when passengers choose the mode of travel," said Zhang Hongbo, an analyst at Citic Securities Co. "The recent railway accidents will lead to more rail passengers switching to other forms of transport and that in turn will benefit airlines."
Yesterday, China Eastern Airlines gained by the daily cap of 10 percent in Shanghai trading to 5.60 yuan and China Southern Airlines rose 9.2 percent to 8.68 yuan. Air China gained 7 percent to 10.37 yuan.
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