Data show that in the first half of this year,The revenue of the three major airlines totaled 84.124 billion yuan.The revenue of China Southern Airlines, Air China and China Eastern Airlines was 40.817 billion yuan, 23.953 billion yuan, and 19.354 billion yuan, respectively, down 20.86%, 36.4%, and 44.24% year-on-year.
However, there was a significant increase in civil aviation passenger traffic in July this year. Air China’s average passenger load factor in July was 66.2%, up 3.1 percentage points from the previous month. The passenger load factor of China Eastern Airlines in July was 66.98%, and that of China Southern Airlines was 69.98%. Although it has decreased year-on-year, it has increased from 64.78% and 67.04% in June.
It is worth mentioning that the three major airlines have updated their models when the market is recovering. Not long ago, the three major airlines announced simultaneously,A total of 292 Airbus A320NEO series aircraft will be purchased, with a total contract price of approximately US$37.257 billion (approximately RMB 257.5 billion).
Civil aviation expert Li Hanming said that the current aircraft sales industry is in a sluggish market due to the overcapacity caused by the epidemic, and is in a stage of gradual recovery. Therefore, when purchasing the required aircraft at the current node, the discount will be even greater, which also shows the three major airlines’ commitment to 2024. Confidence in the growth of domestic and foreign travel demand of China’s civil aviation after the year.
China Southern Airlines