Loading

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.

This CAPA Premium Analysis article is 1,915 words.

To access CAPA Premium Analysis you need a CAPA Membership

Your window into the latest insights

CAPA employs an industry-leading Analyst team based in Europe, North America, Asia and Australia who offer unique perspectives and independent and accurate commentary of critical industry developments globally. CAPA Members rely on our Analysis to unlock valuable insights and actionable intelligence to keep ahead of the game.

Big picture strategic view

Our Analysts don’t just report the news - they take a big picture strategic view of aviation dynamics, issues and trends and analyse the implications of these developments for you.

Global intelligence

The CAPA Analyst team is based globally to ensure our CAPA Members have access to independent, unique perspectives covering an entire spectrum of daily, worldwide commercial aviation developments.

Customise your Alerts

CAPA Members can use CAPA Alerts to receive daily, weekly or monthly and customised updates on our Analysis.

I'm very impressed by the factual and detailed analysis CAPA is always doing.

- CEO, Airline Member
To learn more, contact us:
Phone: +61 2 9241 3200 | Email: membership@centreforaviation.com