HOME   NEWS   SPECIAL REPORT   PHOTO   COMMENTARY   VOICE   LEARNING CHINESE
NEWS > Business
Passengers of Chinese airlines jump 16.7% in 1st half
2007-08-18 06:28:29 Xinhua English

BEIJING, Aug. 18 (Xinhua) -- Passengers carried by Chinese airlines rose 16.7 percent over the same period last year to 86.7 million in the first half of 2007, the civil aviation regulator said here Saturday.

Among the total, domestic passengers increased by 16.2 percent to 78.8 million while international passengers reached 7.9 million, up 21.8 percent, according to the General Administration of Civil Aviation of China (CAAC).

Cargo traffic carried by Chinese airlines rose 15.3 percent to 1.83 million tons with domestic cargo growing by 11.3 percent to 1.32 million tons and that for international routes of 508,000 tons, up 27.2 percent.

During the period, revenues generated by China's civil aviation sector rose 18.3 percent to 121.8 billion yuan while the the sector also turned profitable in the first half with net profit reaching 4.62 billion yuan, up 4.97 billion yuan from the same period last year.

Combined revenue generated by the country's airlines hit 85.96 billion yuan, up 19 percent, while the net profit of the airlines reached 1.54 billion yuan, up 3.93 billion yuan from the corresponding period last year, the CAAC said.

Registered airplanes in the civil aviation sector in China totaled 1,054 at the end of June, an increase of 56 over six months ago, the CAAC said.

MORE NEWS
Expert blames high fiscal, corporate revenues for over investment  
Trade official: China may become world's second largest exporter this year  
China begins construction of nuclear power station in northeast  
ADB offers 300 mln USD loans to road project in S China  
New Zealand to invest $12 mln in China to expand trade  
July sees record housing price rises in major Chinese cities  
Urban-area investment ebb may be temporary  
China rebuffs US effort to force new anti-piracy steps  

SINA English is the English-language destination for news and information about China. Find general information on life, culture and travel in China through our news and special reportsˇAor find business partners through our online Business Directory. For investment opportunities with SINA, please click the link "Investor" below.
| About SINA | Investor | Media Kit | Comments or Question? |
Copyright © 1996-SINA Corporation, All Rights Reserved