Loading
29-Apr-2016 11:31 AM

Air China reports double-digit growth in direct sales as agency sales decline in 1Q2016

Air China Ltd reported (28-Apr-2016) the following contribution by sales channels for passenger services in 1Q2016:

  • Sales volume: CNY16,020 million (USD2449 million), +3.9% year-on-year;
    • Direct sales: CNY6060 million (USD926.6 million), +51.9%;
      • E-commerce: CNY4260 million (USD651.4 million), +86.0%;
    • Agency sales: CNY9380 million (USD1434 million), -14.6%;
    • Sales from other airlines: CNY580 million (USD88.7 million), +28.9%;
  • Share of total passenger sales:
    • Direct sales: 37.8%, +11.9 ppts;
      • E-commerce: 26.6%, +12.8 ppts;
    • Agency sales: 58.6%, -12.6 ppts;
    • Sales from other airlines: 3.6%, +0.7 ppt. [more - original PR - English/Chinese]

*Based on the average conversion rate at CNY1 = USD0.1529

Want More News Like This?

CAPA Membership provides access to all news and analysis on the site, along with access to many areas of our comprehensive databases and toolsets.
Find Out More