CAAC seeks high growth in aviation
By Winny Wang |
May 11, 2011, Wednesday
|
Print Edition
Print Edition
CHINA aims to nearly double annual passenger volume handled by domestic airlines during the 12th Five-Year Plan period from 2011 to 2015 as it seeks to tap a booming tourism market and rapidly-growing trade.
Domestic airlines may carry 450 million passengers in 2015 from 268 million in 2010, an annual growth of 11 percent, the Civil Aviation Administration of China, the industry regulator, said in a plan.
"Domestic travel demand will grow 10 percent annually in the period, and overseas trips will rise 9 percent. By 2015, Chinese residents are estimated to make two trips per capita on average," CAAC said.
The regulator said it aims to boost cargo demand by 10 percent annually in the period to 9 million tons in 2015, compared with 5.63 million tons last year.
The country will have more than 230 civil airports by 2015 from 175 last year, and they will be in regions that generate 94 percent of the national gross domestic product and home to 83 percent of the population.
The fleet size of passenger and cargo planes may grow by 11 percent annually to reach 2,750 by 2015, the CAAC said.
Air cargo companies will be encouraged to merge, restructure and cooperate to build competitive giants that can compete with international rivals, CAAC said.
Air China and Cathay Pacific inaugurated a joint cargo venture early this year to grab a lion's share in the Shanghai market where air cargo turnover accounted for 32 percent of the total in China.
China Eastern Airlines has also merged three cargo subsidiaries - China Cargo Airlines, Shanghai Airlines Cargo and Great Wall Airlines - to cement its market share in Shanghai.
Domestic airlines may carry 450 million passengers in 2015 from 268 million in 2010, an annual growth of 11 percent, the Civil Aviation Administration of China, the industry regulator, said in a plan.
"Domestic travel demand will grow 10 percent annually in the period, and overseas trips will rise 9 percent. By 2015, Chinese residents are estimated to make two trips per capita on average," CAAC said.
The regulator said it aims to boost cargo demand by 10 percent annually in the period to 9 million tons in 2015, compared with 5.63 million tons last year.
The country will have more than 230 civil airports by 2015 from 175 last year, and they will be in regions that generate 94 percent of the national gross domestic product and home to 83 percent of the population.
The fleet size of passenger and cargo planes may grow by 11 percent annually to reach 2,750 by 2015, the CAAC said.
Air cargo companies will be encouraged to merge, restructure and cooperate to build competitive giants that can compete with international rivals, CAAC said.
Air China and Cathay Pacific inaugurated a joint cargo venture early this year to grab a lion's share in the Shanghai market where air cargo turnover accounted for 32 percent of the total in China.
China Eastern Airlines has also merged three cargo subsidiaries - China Cargo Airlines, Shanghai Airlines Cargo and Great Wall Airlines - to cement its market share in Shanghai.
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