Industry Analysis & Industry Trends
In the five years through 2014, revenue for the Airport industry in China has been growing at an annualized rate of 9.6%, driven by the rapid development of the Chinese economy. Cultural exchange campaigns between China and other countries also contributed to revenue growth. However, growth is expected to slow be below average in 2014, as the continued smogt in large cities like Beijing is severely affecting the operations of airlines nationwide. Competition from high-speed rail is also suppressing demand for airlines, considering its lower price and convenience.
The industry has changed significantly over the past five years.... purchase to read more
Industry Report - Industry SWOT Analysis Chapter
Over the decade to 2019, industry value added is expected to increase at an annualized rate of 6.9%, slightly lower than China's average GDP growth rate during the same period. The rapid overall growth of the industry is mainly driven by rising demand for downstream air passenger transportation services.
The average airport density is calculated at about 15.3 units per million square kilometers in China, with the level being the highest at 46.7 in East China and the lowest at 8.1 in North West China. This is much lower than that in developed countries. The US, for example, with a similar land size to China, has 65 airports per million square kilometers... purchase to read more