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CAAC: Aviation industry profit down 14% in 2011

8-May-2012 10:55 AM

CAAC, in its 2011 Aviation Industry Development Report, reported (07-May-2012) there were 47 airlines undertaking transportation services at the end of 2011, including 38 state-owned and nine private airlines. There are currently five listed airlines, 11 freighter carriers and 16 China/foreign JV companies. The industry’s operational performance is as follows:

  • Operating revenue: CNY500.1 billion (USD79.4 billion), +21.2% year-on-year;
    • Airlines: CNY353.2 billion (USD56.1 billion), +17.9%;
    • Airports: CNY49.8 billion (USD7.9 billion), +15.7%;
  • Profit: CNY36,300 million (USD5764 million), -13.9%;
    • Airlines: CNY27,800 million (USD4414 million), -17.7%;
    • Airports: CNY4300 million (USD682.8 million), -16.8%;
  • Passenger numbers: 293.2 million, +9.5%;
  • Passenger load factor: 81.8%, +1.6 ppt;
    • Domestic: 83.2%, +2.2 ppts;
    • International: 76.3%, -0.8 ppt;
  • Cargo volume: 5.6 million tonnes, -1.0%;
    • Domestic: 3.8 million tonnes, +2.4%;
    • International: 1.8 million tonnes, -7.6%;
    • China National Aviation Holding: 1.7 million tonnes, +-.0%;
    • China Eastern Air Holding: 1.5 million tonnes, -9.2%;
    • China Southern Air Holding: 1.1 million tonnes, +1.6%;
    • HNA Group: 553,000 tonnes, +5.9%;
    • Others: 644,000 tonnes, +18.8%;
  • Registered aircraft: 1764, 167 more than in 2010;
  • Number of scheduled routes: 2290;
  • International: 443. [more - original PR - Chinese]

At the end of 2011, there were 175 domestic cities with scheduled flights (excluding Hong Kong, Macau and Taiwan). There were 45 mainland cities with scheduled flights to Hong Kong, 14 cities with scheduled flights to Macau and 37 mainland cities with scheduled flights to Taiwan at the end of 2011.