Hainan Airlines Update

Transcript

Hou Wei:The sheer number and demand, because they're the 2 biggest economies in the world, and a lot of, you know, business and leisure cultural activities going on, and the visa scheme, which helps a lot to generate new demands. Well, we're looking at other options. I cannot reveal more, but certainly we look to new destinations in the near future. Shanghai base performance was satisfactory in general. We don't yet have a large fee traffic out of Shanghai, but again, this is a huge O&E market and we are basically serving With relatively less competition to the U.S. destinations from Shanghai, so doing good. We have already filed for Tianjin JFK because again, the Chinese authority specify one route, one airline, so we don't have any chance to perform out of Beijing to JFK. But Tianjin is very close cities, so and we have our sister airlines based in Tianjin, so we are. We are confident we can do well as well. Right now, only the flagship Hainan Airlines doing flights from mainland China to to to U.S. and Canada. But down the road, we will see some of our sister companies also flying to perhaps Pacific Coast cities, Canada, U.S. as well. But the main job will be carried out by Hainan Airlines. That's for sure, because we have the right aircraft, 787, to perform the job. Thank you.

Copyright policy: All transcripts on this site are the copyright of CAPA - Centre for Aviation. Our reproduction policy is as follows: you may quote up to 400 words of any transcript on the condition that you attribute the transcript to CAPA - Centre for Aviation and link to the original video page. All other use is prohibited. While we aim for 100% accuracy in the transcript, there may be some minor transcribing errors.