Related News
China outstrips world as largest air market
By Winny Wang |
February 1, 2010, Monday
|
Online Edition
Online Edition
CHINA led the Asia Pacific to outpace North America to become the world's largest aviation market last year, an industry report said today.
Air passenger traffic within Asia Pacific reached 647 million last year, outstripping North America's 638 million passengers, the International Air Transport Association said yesterday.
An additional 217 million travelers are expected to take to the skies within Asia Pacific by 2013, the report said.
The global aviation industry is expected to reduce losses from US$11 billion in 2009 to US$5.6 billion in 2010. The loss reduction is being led by Asia-Pacific's carriers who are expected to see their losses shrink from US$3.4 billion in 2009 to US$700 million in 2010, said the report.
"Asia-Pacific's prospects are improving faster than other regions," said Giovanni Bisignani, IATA's chief executive officer.
As the biggest aviation market in the region, China flew into the black with a net profit of 12.2 billion yuan (US$1.79 billion) last year.
The country has 1,400 aircraft compared to the second-biggest fleet in Japan of 540. China's domestic market of 5.7 million weekly seats more than doubled Japan's 2.6 million and its 1.4 million weekly international market seats are larger than Japan's 1.3 million, the report said.
Air passenger traffic within Asia Pacific reached 647 million last year, outstripping North America's 638 million passengers, the International Air Transport Association said yesterday.
An additional 217 million travelers are expected to take to the skies within Asia Pacific by 2013, the report said.
The global aviation industry is expected to reduce losses from US$11 billion in 2009 to US$5.6 billion in 2010. The loss reduction is being led by Asia-Pacific's carriers who are expected to see their losses shrink from US$3.4 billion in 2009 to US$700 million in 2010, said the report.
"Asia-Pacific's prospects are improving faster than other regions," said Giovanni Bisignani, IATA's chief executive officer.
As the biggest aviation market in the region, China flew into the black with a net profit of 12.2 billion yuan (US$1.79 billion) last year.
The country has 1,400 aircraft compared to the second-biggest fleet in Japan of 540. China's domestic market of 5.7 million weekly seats more than doubled Japan's 2.6 million and its 1.4 million weekly international market seats are larger than Japan's 1.3 million, the report said.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 沪ICP证：沪ICP备05050403号-1
- |
- 互联网新闻信息服务许可证：31120180004
- |
- 网络视听许可证：0909346
- |
- 广播电视节目制作许可证：沪字第354号
- |
- 增值电信业务经营许可证：沪B2-20120012
Copyright © 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
