China’s new Kunming Airport project is expected to complete up USD1,757 million worth of investment this year, including USD878 million in construction projects and USD878 million to complete the construction of the Kunming Airport Economic Zone (Shxb.net, 22-Feb-2010).
New Kunming Airport project to complete USD1,757 million of investment in 2010
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Lucky Air to be China's first long haul LCC, to Europe/N America in 2016; China international up 29%
There are debates about impacts from China's "new normal" of slower growth. Yet from an aviation perspective, it so far remains evident that aviation is not as impacted – despite the typical correlation between traffic growth and GDP. Chinese traffic is heavily leisure-oriented; China's middle class is growing; thirst for international travel is expanding; visa liberalisation continues to improve and foreign countries (and their airports) are embracing of Chinese visitors. All these factors make travel easier, and the Chinese government is encouraging – sometimes by force – for its airlines to "go out".
The first four months of 2016 experienced a smaller growth rate of 29% compared with 4M2015's 40% increase, but the net addition of passengers in 2016 so far is larger than in 2015. The international market is becoming more crowded with new operators.
The latest will be Lucky Air – the Kunming-based LCC division of the HNA Group and U-FLY Alliance. Lucky intends to deploy 787-9s to Europe and North America by the end of 2016.
Philippines-China air service growth to lift Philippines' Chinese tourism as Duterte changes horses
First bananas, then people. China's lifting of a trade ban against bananas from the Philippines bodes well for aviation. Relations between China and the Philippines turned negative in 2012. The issue was primarily over China's claims to uninhabited islands – a debate that also caused China-Japan relations to turn sour. China banned Filipino banana imports and issued a travel warning against the Philippines. Travel warnings from China carry more weight than in other markets since state-owned/linked travel agencies essentially stop selling the impacted market. Diplomatic rows have resulted in drastic reductions in outbound passenger flows from China.
Japan has more than recovered but the Philippines' underexposure to China is well evident: the Philippines has received the least number of Chinese tourists in Asia. Laos and Cambodia, far smaller than the Philippines, each received more Chinese tourists than the Philippines.
New Filipino President Rodrigo Duterte is pivoting Manila's allegiance away from the US – to China. His presidency is young and the calculation has its sceptics, but China appears to be warming. Following the lifting of its ban on banana trade, China is expected to use President Duterte's visit to Beijing to lift its travel warning against the Philippines. This will likely stimulate large air service growth between China and the Philippines. Yet for existing markets, there is some concern that the Philippines presents new competition.