9-Jul-2010 12:14 PM

Passenger numbers to more than double to 700 million by 2020: CAAC

CAAC Director of Policy Research, Liu Shaocheng, estimates air passenger numbers will reach 266 million this year, more than double to 700 million and then 1.5 billion p/a by 2020 and 2030, respectively, as the country’s economic growth continues to stimulate travel (Bloomberg, 08-Jul-2010). Mr Liu cautioned that the construction of high-speed rail links and concerns about pollution may restrict the long-term growth of China’s aviation industry. China is scheduled to open 10 new airports in 2010, increasing the total number of airports to 176 by year-end and 250 by 2020.

Airbus China: “Somewhere between 2020 and 2030, China will become the largest aviation market in the world. We are taking this country very, very seriously,” Laurence Barron, President. Source: Bloomberg, 08-Jul-2010.

Want More News Like This?

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