China Eastern and Shanghai Airport Authority to develop hub

China Eastern Airlines confirmed (29-Sep-2010) it signed a strategic agreement with Shanghai Airport Authority on 28-Sep-2010 to jointly promote the development and construction of Shanghai as an aviation hub for the Asia Pacific region and increasing combined passenger throughput at Shanghai Pudong and Shanghai Hongqiao airports to up to 100 million p/a by 2015. The agreement also sets out the following traffic targets for both airports in Shanghai by 2015:

• Total passenger throughput: 100 million p/a;
  • Shanghai Pudong: 65 million;
  • Shanghai Hongqiao: 35 million;
• Cargo volume: 5.5 million tonnes p/a;
  • Shanghai Pudong: 4.75 million tonnes;
  • Shanghai Hongqiao: 750,000 tonnes.