Beijing plans to construct a second major airport within the next five years with capacity to handle 60 million passengers p/a, easing pressure on Beijing Capital International Airport (BNO News/China Daily, 12-Jan-2011). The Beijing Municipal Commission of Development and Reform said the project has not yet been approved by the central government. Construction is likely to commence in 2011 with total investment estimated of at least USD15 billion (CNY100 billion). CAAC plans to invest USD8.3 billion (CNY55 billion) on the construction of 11 airports around the country in 2011.
Beijing plans new airport to alleviate pressure on BCIA
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To Shenzhen, or not to Shenzhen? That is a question facing China Southern Airlines as it prepares its long term hub strategy: whether the Guangzhou-based airline should continue growing in the nearby city of Shenzhen, or should concentrate its southern hub exclusively in Guangzhou.
In the upcoming peak season Guangzhou will account for 85% of China Southern's long haul departures. That includes, for the first time, 20 intercontinental Guangzhou departures in a single day. Shenzhen is part of China Southern's catchment area, but Shenzhen Airlines and its majority owner Air China plan to expand in Shenzhen, and competition continues in nearby Hong Kong.
As China Southern weighs its Shenzhen presence, and awaits regulatory clarity on where it can grow at the new Beijing Daxing airport from 2019, the airline intends to take 20 787-9s in the compact period of 2018-2020. China Southern operates 10 -8s, while its sister company Xiamen Airlines is due to receive its first -9 in Dec-2016. China Southern's 787-9 order puts long haul aircraft back on order at Asia's largest airline. A later aircraft order will provide China Southern with post-2020 growth capacity.
Airports - subject as always to the vicarious uncertainty of airline fortunes
CAPA’s 2016 outlook was against a background of unusually high levels of profitability for airlines.