China's airports live in interesting times: Guangzhou, Shanghai, Shenzhen and Xiamen perspectives

Premium Analysis

While the pandemic is considered in most parts of the world to be abating, the travel and transport industries continue to be wary of developments in China, where large cities are locked down at a level not previously witnessed.

Two recent CAPA reports, one on Beijing Capital Airport Holdings (26-Mar-2022) and one on early financial results for 1Q2022 (03-Apr-2022), both painted a picture of the continuing difficulties posed to the airport industry by the COVID-19 pandemic. The pandemic has reared its head again in China, and especially in the principal government and commercial cities of Beijing and Shanghai.

The country is a constant reminder of how bad things have been for the business, and the financial statements for the first quarter of 2022 issued by four airport groups, three of them in very large conurbations, are testimony to that.

"Interesting times" indeed, as the Chinese curse mentions.

Become a CAPA Member to access Analysis Reports

This CAPA Premium Analysis Report is 1,688 words.
Become a CAPA Member

Our Analysis Reports are only available to CAPA Members. CAPA Membership provides exclusive access to in-depth insights on the latest developments in the aviation and travel industry, developed by our team of dedicated analysts located in Europe, North America, Asia and Australia.

Each report offers a fresh perspective on the latest industry trends and is available online or via the CAPA mobile app, with customisable alerts to help you stay informed and identify new business opportunities.

CAPA Membership also provides access to our full suite of tools, including a tailored selection of more than 1,000 News Briefs every week and comprehensive data and analysis on thousands of companies around the world.