Industry Analysis & Industry Trends
Over the five years to 2015, revenue for the Airports industry in China has been growing at an annualized rate of 12.6%, 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 in 2015, as the continued smog in large cities such as Beijing severely affects the operations of airlines nationwide. Competition from high-speed rail is also suppressing demand for airlines, due to its lower price and convenience.
Over the past five years, the industry has changed significantly.... purchase to read more
Industry Report - Industry Investment Chapter
For every dollar invested in plants and equipment, approximately $1.02 is spent on labor. Major capital requirements for this industry contribute to its relatively high entry barriers.
Capital development projects are one catalyst of economic activity generated by airports, although gaining government approval for new runways and then building them can take a long time. Fixed base assets also have a long lead-time. International airport operators incur large amounts of capital expenditure in providing automated air traffic control and meteorological services, aircraft movement services for runways, taxiways and aprons, and the provision of buildings for handling services and commercial activities... purchase to read more