ACI Asia Pacific reported (11-Jul-2013) steady passenger growth in the Asia Pacific region continued in May-2013 with a 5.7% year-on-year increase in passenger traffic at Asia Pacific airports and a 12.3% increase at Middle Eastern airports. Phuket and Chiang Mai recorded the highest year-on-year growth of 28%, followed by Kuala Lumpur. The five busiest airports in the region were Beijing, Tokyo Haneda, Dubai, Jakarta and Hong Kong. Cargo traffic fell slightly by 1.0% at Asia Pacific airports while Middle Eastern airports continued to grow steadily at 7.7%. The top five airports by cargo traffic were Hong Kong, Shanghai Pudong, Dubai, Seoul Incheon and Beijing. Jakarta recorded the highest percentage growth of 18.3%, followed by Abu Dhabi at 17.1%. [more - original PR]
ACI Asia Pacific: Asia Pacific pax up 6%, Middle East pax up 12% in May-2013
You may also be interested in the following articles...
Delta-Korean Air joint venture creates trans-Pacific's second largest bloc. Cathay, EVA under threat
The unprecedented aviation market growth between Asia and North America is forcing airlines to re-evaluate their core strategy and reassess who is a competitor and who could be a partner. It seems probable that Delta Air Lines and Korean Air will form a joint venture, potentially making them the second largest trans-Pacific bloc.
The next two largest airlines without a deep partnership, EVA Air and Cathay Pacific, are having to confront significant change, without the support of partners. Delta-Korean Air brings United-ANA its closest rival yet, while the American-JAL JV – already smaller – needs bulking up.
Korean Air brings Delta a wider network in Asia than ANA or JAL offer to their respective JV partners, United and American. A Korean Air-Delta JV could result in more destinations and flights being added once they are able to sell jointly.
China-Japan: Peach, Jetstar Japan & China United the latest LCCs to enter Asia's 3rd largest market
Japan-China is the third largest international country pair in Northeast and Southeast Asia. The market has expanded due to Chinese outbound visitor growth, with Chinese visitor numbers doubling from 2.4 million in 2014 to 5.0 million in 2015, and 9M2016 shows a further 30% expansion. LCCs account for approximately 10% of the market, and there are an expected three further LCC entrants in the Japan-China market: Peach Aviation, Jetstar Japan and China United Airlines. Their entry, however, comes after the major boom: eight airlines have entered the market since 2014.
The impact of the additional LCCs will be minimal in network size: Peach's four weekly Osaka-Shanghai flights are in addition to an existing 117 weekly flights. Over the long term there are strong opportunities for LCCs (as evidenced by the first mover Spring Airlines), but in the near future the greatest impact from additional LCCs will be in reminding Chinese full service airlines of alternative business models and their own need to reform. To a Chinese airline a Japanese LCC is almost paradoxical: an airline trying to be low cost in a high cost country with low population growth. Yet the relative success of Japanese LCCs provides a case study – and also market challenges.