Independent journal on economy and transport policy
13:23 GMT+1
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Drastic decline in air transport activities in China
In the first quarter, airline losses amounted to about .6 billion dollars
April 16, 2020
g src="/images/iMinizionotizia.gif" width="70" height="17" border="0" style="vertical-align: middle;">The Civil Aviation Administration of China (CAAC) has announced that in the first quarter of this year the air transport sector China's activity fell sharply: in the period The sector has completed a total of 850,000 flights, with a average daily decrease of -42.1%. The total transported in the goods segment was 16.52 billion tonnes-kilometre, down -46.6% in the first three months of the year. 2019, while in the passenger segment it was 74.08 million passengers, down -53.9%. In the first 2020 quarter of airline activity in China recorded losses of -39.82 billion yuan (5.6 billion yuan) -33.62 billion yuan (4.8 billion U.S. dollars) Chinese airlines alone.
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