Chinese Airlines - October 2018
“China is to be the world’s biggest air-travel market by 2022. Growth in demand for air travel will be driven by the ongoing expansion of Chinese disposable income. Indeed, it is projected that 35% of China’s population will be in the upper-middle-class income bracket or better by 2030, up from just 10% in 2015. In October 2017, the IATA moved forward its forecast by two years that China’s domestic aviation market will overtake the US’ to become the world’s largest by 2022. It expects China to add 921 million new passengers by 2036, bringing total annual passengers to 1.5 billion.”
– Jessica Kelly, Senior Tourism Analyst
This report looks at the following areas:
How is the Chinese airline sector structured and which are the key players?
How are regulatory aspects impacting the Chinese airline industry?
What has been the trend in financial performance of the major Chinese airlines?
How competitive is high-speed rail (HSR) with air travel in China?
How are LCCs progressing in China and what challenges do they face?
What are the trends in distribution for Chinese airlines?