A new forecast of China\u2019s airports indicates slowing and\nredistribution of domestic traffic growth, but China-U.S. traffic potential is far\nmore robust than might be expected in light of trade issues between the two\nnations. <\/p>\n\n\n\n
Boyd Group International\u2019s Airports:China\u2122, analyzing\nforecast trends at China\u2019s top 200 airports, has also determined that less than\n15% of the potential China-US demand is now being captured. Based on new\nairline hubs expected at Beijing and Shanghai, the forecast indicates\n\u201cfloodgates of traffic will open to the USA by 2023.\u201d Key findings:<\/p>\n\n\n\n
#1 Air Passenger Market: In 2020, China\u2019s airports will\nhandle 1.46 billion passengers \u2013 up 60% from 2015. Annual growth will slow from\nover 10% historically to under 7.0%. Still, China air traffic will eclipse the\nUSA by late 2021.<\/p>\n\n\n\n
New Beijing Hubs <\/p>\n\n\n\n
The forecast predicts that in 2020, the new Beijing Daxing\nairport will handle 45.3 million passengers. By 2022, China Southern and China\nEastern will have substantial connecting operations at Daxing, and Air China\nlikewise at Beijing Capital. These will flow passengers from across China to\nconnect across the globe, including to the hubs of their U.S. alliance\npartners. \u201cAmerican, Delta and United will offer extensive new China connect\nopportunities,\u201d with the forecast indicating that American Airlines will be\nparticularly benefitted.<\/p>\n\n\n\n
More China-U.S. Nonstops <\/p>\n\n\n\n
For the first time, business leaders in China\u2019s commercial\ncenters like Xi\u2019an, Mianyang, and Kunming will have convenient access to points\nacross the USA, and the same for Americans headed to China. Chinese carriers will have sufficient connecting\npassengers at their new Beijing hubs to support new nonstops to points such as\nSt. Louis, Orlando, and Miami. \u201cThe new China-generated traffic could be\nexponential in growth.\u201d <\/p>\n\n\n\n
Airports:China\u2122 is the only independent forecast of China\nair traffic, and will be presented at the 24th International Aviation Forecast\nSummit in Las Vegas, August 25-27. The Summit features two days of aviation\nforecasts, plus presentations from 24 airline CEOs and senior executives. Info\n& Register: www.AviationForecastConference.com.<\/p>\n\n\n\n
Now in its 35th year, Boyd Group International is a\nmulti-dimensional aviation research, forecast and consulting firm, with China\nas one major area of focus.<\/p>\n","protected":false},"excerpt":{"rendered":"
A new forecast of China\u2019s airports indicates slowing and redistribution of domestic traffic growth, but China-U.S. traffic potential is far more robust than might be expected in light of trade issues between the two nations. Boyd Group International\u2019s Airports:China\u2122, analyzing forecast trends at China\u2019s top 200 airports, has also determined that less than 15% of […]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[114],"tags":[],"class_list":["post-13394","post","type-post","status-publish","format-standard","hentry","category-international-news"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/stateaviationjournal.com\/index.php\/wp-json\/wp\/v2\/posts\/13394","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stateaviationjournal.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stateaviationjournal.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stateaviationjournal.com\/index.php\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/stateaviationjournal.com\/index.php\/wp-json\/wp\/v2\/comments?post=13394"}],"version-history":[{"count":1,"href":"https:\/\/stateaviationjournal.com\/index.php\/wp-json\/wp\/v2\/posts\/13394\/revisions"}],"predecessor-version":[{"id":13395,"href":"https:\/\/stateaviationjournal.com\/index.php\/wp-json\/wp\/v2\/posts\/13394\/revisions\/13395"}],"wp:attachment":[{"href":"https:\/\/stateaviationjournal.com\/index.php\/wp-json\/wp\/v2\/media?parent=13394"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stateaviationjournal.com\/index.php\/wp-json\/wp\/v2\/categories?post=13394"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stateaviationjournal.com\/index.php\/wp-json\/wp\/v2\/tags?post=13394"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}