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Airline traffic soars on travel demand
By Winny Wang |
September 21, 2010, Tuesday
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Print Edition
Print Edition
CHINESE mainland airlines carried 26.3 million passengers in August, up 16.1 percent from a year earlier, as they flew on the wings of a booming demand in travel, the aviation regulator said yesterday.
The number of passengers flying on international routes soared 33.5 percent to 1.9 million, outperforming the growth of 14.9 percent, or 24.4 million, flying domestically, the Civil Aviation Administration of China said on its website yesterday.
Mainland carriers carried 463,200 tons of cargo, an annual growth of 18.4 percent, the CAAC said.
In the first eight months, passenger volume rose 17.8 percent to 178 million and cargo volume jumped 33.6 percent to 3.55 million tons.
"We estimated the country's aviation industry earned 5.6 billion yuan (US$832 million) last month, up 200 percent from a year ago, and gross profit margin for airlines rose 30.7 percent from 21.7 percent a year earlier," Essence Securities said.
Guangzhou-based China Southern Airlines, the country's largest by fleet, flew 7.57 million passengers last month, up 16.7 percent from a year ago. It handled 987,300 tons of cargo, up 29.6 percent annually.
China Eastern Airlines, the country's second-largest carrier, flew 6.51 million passengers in August, a rise of 47.72 percent from a year earlier. The Shanghai-based airline carried 119,560 tons of cargo, an annual jump of 49.17 percent.
A total of 4.45 million passengers flew on Air China, the flagship international carrier, last month, up 16 percent annually. The Beijing-based carrier carried 93,700 tons of cargo, up 12.2 percent yearly.
The number of passengers flying on international routes soared 33.5 percent to 1.9 million, outperforming the growth of 14.9 percent, or 24.4 million, flying domestically, the Civil Aviation Administration of China said on its website yesterday.
Mainland carriers carried 463,200 tons of cargo, an annual growth of 18.4 percent, the CAAC said.
In the first eight months, passenger volume rose 17.8 percent to 178 million and cargo volume jumped 33.6 percent to 3.55 million tons.
"We estimated the country's aviation industry earned 5.6 billion yuan (US$832 million) last month, up 200 percent from a year ago, and gross profit margin for airlines rose 30.7 percent from 21.7 percent a year earlier," Essence Securities said.
Guangzhou-based China Southern Airlines, the country's largest by fleet, flew 7.57 million passengers last month, up 16.7 percent from a year ago. It handled 987,300 tons of cargo, up 29.6 percent annually.
China Eastern Airlines, the country's second-largest carrier, flew 6.51 million passengers in August, a rise of 47.72 percent from a year earlier. The Shanghai-based airline carried 119,560 tons of cargo, an annual jump of 49.17 percent.
A total of 4.45 million passengers flew on Air China, the flagship international carrier, last month, up 16 percent annually. The Beijing-based carrier carried 93,700 tons of cargo, up 12.2 percent yearly.
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