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China’s aviation industry strongly profitable in Feb-2011; Airlines on a roll

18-Mar-2011

China’s aviation industry reported a solid CNY1740 million (USD263.6 million) profit in Feb-2011, according to the CAAC. This follows on from a bumper record monthly profit of CNY3400 million (USD516 million) in Jan-2011. [873 words]

Unlock the following content in this report:

Subheadings:

  • Hainan Airlines returns to operating profit in 2010. Profit growth of 33% expected for 2011
  • Air China optimistic about 2011 'as long as travel flow keeps coming'
  • China Eastern expects profit and traffic to decline in 2011
  • China Southern Airlines sees sharp jump in 2010 profit
  • Smaller carriers also forecasting improved profitability

Graphs and data:

  • CAAC passenger numbers growth and cargo volume growth: Jan-2009 to Feb-2011
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