Thursday, July 4, 2024 China domestic travel sector sees a remarkable 7.6% growth, propelled by Air China, Hainan Airlines, and China Southern Airlines. China’s domestic aviation sector experienced a notable surge in growth during May 2024, in line with the post-Labor Day holidays.
The overall year-on-year growth rate stood at 11.2%, with the Revenue Passenger Kilometers (RPK) increasing by 7.6%.
The Passenger Load Factor (PLF) improved by 9.4 percentage points, reaching a level of 82.3%.
China’s GDP growth for 2024 is projected at 4.6%, reflecting the country’s robust economic recovery and its expanding aviation sector. China, with its huge population base and GDP growth rate of 4.
6%, is fueling domestic tourism, which can be noted in the IATA report. This growth underscores the significant role of China’s aviation industry in the broader economic landscape, driven by both domestic travel and international connectivity. Guangzhou Baiyun International Airport, also known as BAIYUNPORT, serves Guangzhou, the capital of Guangdong province.
In 2023, it was the world’s twelfth-busiest airport by passenger traffic, handling 63.1 million passengers, making it the busiest in China. Located in Beijing, this airport is the busiest in China, renowned for its extensive amenities and efficient services.
Located in Shanghai, this airport is a key gateway for international travel, famous for its advanced technology and extensive cargo handling facilities. Located in Chengdu, this.
