Seven years ago, around 70% of passengers in US-China air trips were American. But today, more than 50% of travelers are Chinese. Flying used to be a luxury mode for travel in China, but now is for the masses. Data shows that by 2029 China will overtake the US as the world’s largest passenger market. The increasing passenger demand has not only brought Chinese airlines big successes in the past decade but also some real challenges like lengthy delays and poor service. In fact, Chinese airlines are struggling to keep up with growth in demand, and compared to foreign counterparts, they are not as global nor as profitable as they should be.
The Airlander 10, part plane and part airship, is the world’s longest aircraft in operation today. Roughly the size of a football field, it has a shape different from any airship of decades past. Developed by British manufacturer Hybrid Air Vehicles, the Airlander 10 can ascend from anywhere with no need for an airport or runway and maintain a capacity of transporting a large amount of goods. According to Stephen McGlennan, CEO of HAV, over 100 million pounds has been invested in the project and it is preparing another test flight in the coming Spring, after it failed in a August test flight this year.
Laurence Barron, Chairman of Airbus Group China, on the company’s growth in China’s expanding aviation sector
A look at the airlines that call the shots, the busiest airports and the state of aviation in China
This week, China’s factory activity improved a little even as factory employment figures slumped; Adobe announced its intention to shutter its China R&D center while other MNCs remain upbeat; and the Alibaba share price fell after last week’s spectacular IPO.
Patrick Horgan, Regional Director, North-East Asia, on how Rolls-Royce diversified in China. Unknown to many, China’s engagement with Rolls-Royce, the iconic British multinational company, goes back nearly a century. In 1919 the first airmail service between Beijing and Tianjin was powered by Rolls-Royce engines on a Handley Page aircraft. In 1963, Rolls-Royce sold Dart engines […]
You are invited to download the March 2014 issue of CKGSB Magazine. You’ll enjoy articles and interviews like: COVER STORY The Money Matrix: As Chinese consumers show an increasing preference for easy-to-use internet finance, what will happen to traditional banks? SNAPSHOT: China’s Crushing Debt: How serious is China’s local debt problem? A look at the ticking time bomb. […]
The peculiar problem of pilot scarcity in China might be resolved with simple economics. From 1968 to 1973 US commercial airliners were skyjacked nearly once a week disrupting the aviation system. Increased security measures eventually reduced such events to a rarity; but in China there is a different kind of hold-up problem disrupting airlines and […]
Can private airlines get off the ground in China? Jill Mao, a 22-year-old student, was due to fly at 4pm from Shanghai Pudong airport to Hong Kong in June. But when she got to the airport, she found out that the flight would be two hours late due to bad weather, even while skies looked […]
You are invited to download the September 2013 issue of CKGSB Magazine. It features articles and interviews like: COVER STORY: The End of Exports?: As China pushes to become an economy based on consumption, what happens to exports? SNAPSHOT: China’s Urban Layers: An infographic showing the different phases and facets of China’s urbanization story. CHINA INSIGHT: Bolshie in […]