Home' Asian Aviation : AAV March 2011. Contents AsianAviation | MARCH 2011 37
China's civil aviation industry
reported a pro t of 43.7 billion
yuan (US$6.65 billion) for the
full year 2010, more than triple
the previous year's gure.
Airlines made a pro t of 35.1
billion yuan, while airports reported net income of
5.1 billion yuan. e airlines carried 267 million
passengers, an increase of 16.08 percent, while cargo
volumes increased 24.4 percent to 5.6 million tons.
According to Wang Changshun, deputy director
of the Civil Aviation Administration of China
(CAAC), the industry's performance exceeded
e jump in pro t was attributed to the rebound
in international travel, the booming Chinese
economy and the growing number of affluent
Chinese citizens. Wang has estimated that the
number of passengers travelling by air this year
will surpass 300 million, while cargo is expected to
increase by 25-30 percent.
A er a series of mergers and acquisitions over the
past eight years, the number of state-owned airlines
has reduced, but the carriers have grown bigger and
e airlines are also expanding their eets with new
aircra and are making a concerted e ort to enhance
ser vices and improve their in- ight product o ering
to better compete in the international market.
As of 31 December China's commercial eet
numbered 1,604 aircra , an increase of 187. e
country's airlines will take delivery of 290 new
aircra this year while 67 older models will be
withdrawn from ser vice. A few of the retiring
jetliners will be converted into freighters, while the
rest will be sold on the open market.
Most of the new deliveries will be narrowbody
types, to be utilised on domestic and regional routes.
"Chinese domestic airlines are aggressively
expanding their eets and networks, connecting to
more points within the country with the opening of
new airports," Wang said.
China Eastern Airlines has rmed up plans to
order 50 Airbus A320 single-aisle jetliners this
year. Deliveries will commence in the rst quarter
of 2014, continuing through to the fourth quarter
of 2015. e new aircra will expand the carrier's
capacity by 11.3 percent.
Air China has said it plans to order 20 widebody
Airbus A330-200 and A350 twinjets, in a deal
valued at more than US$4.4 billion. At the Zhuhai
Air Show in November 2010, the airline ordered 20
single-aisle A320 aircra .
Guangzhou-based China Southern Airlines
has also said it will order 36 single- and twin-aisle
Airbus aircra this year.
Meanwhile, Jinan-based Shandong Airlines has
ordered 15 single-aisle Boeing 737-800s to replace
its aging 737-300 'Classics'. e aircra will also
be utilised to launch ser vices to new destinations
up to ve hours' ying time from the carrier's base.
Delivery is scheduled to start in March 2014,
continuing through to the third quarter of 2015.
According to Boeing, China will need 4,330 new
jet aircra over the next 20 years, compared with
global demand for 30,990. In November last year,
the CAAC said in its market analysis said China
would require about 5,000 new aircra by 2015.
e country is to invest 155 billion yuan this year
to build 11 new airports, including the second
Beijing Capital International Airport (BCIA2).
e Federal government has allocated 100 billion
yuan for the construction of BCIA2, an increase
of 45 billion yuan from the funds allotted in 2010.
CAAC Director Li Jiaxiang said construction of
the airport has to start in the rst half of the year,
as the current BCIA airport is growing rapidly and
is running out of capacity.
Last year, BCIA handled 73.9 million passengers,
up 15.8 percent from the previous year. With a
capacity of 78 million passengers, the airport will
be bursting at its seams by the end of 2011. It is
projected to handle 90 million passengers by 2015.
e design for BCIA2 has been nalised and
construction only needs the green light from the
State Council for it to start.
China's aviation industry profit triples
With China overtaking Japan as the world's second-largest economy, the country's aviation industry has been
enjoying healthy growth, writes William Dennis.
China s airlines are expanding their fleets and enhancing services.
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