Wednesday 9 December 2015

Growth Summary of the Chinese aviation market 2015

The ever increasing Chinese outbound travel market is one of the most discussed topics in the recent times. As the number of Chinese travelers cross 100 million this year, it has become imperative to assess the fastest growing markets for China.

OAG, the U.K. based airline data firm released a report analyzing which markets have seen dramatic growth in seat capacity and the airlines carrying the maximum number of outbound Chinese travelers. Japan, Thailand and the United States remain the top markets for Chinese outbound travelers.

According to the reports from OAG, here were 298,353 scheduled flights leaving Chinese airports for destinations in China or internationally. That equates to 47.6 million airline seats a month and 9,945 aircraft movements every day, and the average aircraft size is 159 seats.

Among the fastest-growing markets for China, Vietnam outpaced the likes of Japan, Thailand and Australia. And there are some major differences in terms of where new routes are being added for international flights. Japan-bound flights have seen impressive growth at secondary Chinese airports, compared with U.S.-bound flights, which mainly originate in only three Chinese mega hubs.

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