10 Jan 2025
#2 Jan 2025: China Aviation Industry Newsletter
Airbus Predicts China to Become the Largest Aviation Services Market by 2043
China is expected to become the world’s largest aviation services market by 2043, according to Airbus’ Global Services Forecast (GSF). The market is projected to grow from US$23 billion in 2024 to US$61 billion, driven by a Compound Annual Growth Rate (CAGR) of 5.1%. The fleet in China will expand to 11,160 aircraft, with 9,520 new deliveries, representing 20% of global demand. This growth will significantly boost demand for maintenance, training, and fleet enhancement services.
Closing Event of the Second Phase of the EU-China Aviation Partnership Project
The second phase of the EU-China Aviation Partnership Project (EU-China APP) concluded on 17 December 2024 with a landmark event hosted by the EU Delegation. The project, a collaboration between EASA and CAAC, facilitated over 120 activities aimed at fostering regulatory alignment and operational excellence. It brought together European and Chinese regulators, air operators, and service providers, further strengthening global aviation standards.
Hainan Airlines to Reconnect Beijing and Oslo
Hainan Airlines will resume flights between Beijing and Oslo starting 22 March 2025, re-establishing direct connectivity between China and Norway after five years. The route, operated by Airbus A330-300 aircraft, will run three times a week through October 2025. This move underlines the growing demand for air travel between China and Europe, benefiting both business and leisure travellers.
Hong Kong Welcomes China Eastern Airlines Comac C919 Service
Hong Kong International Airport celebrated the inaugural international flight of the Comac C919 on 1 January 2025. Operated by China Eastern Airlines, the C919 now offers a daily route between Shanghai and Hong Kong. This marks a significant achievement for China’s aerospace industry and strengthens Hong Kong’s position as a global aviation hub.
Acumen’s Take
On Airbus’ Forecast for China
The exponential growth projected for China’s aviation services market aligns with Acumen Aviation’s strategic focus on supporting this rapidly expanding region. Through our advanced asset management solutions and consultancy services, we aim to help stakeholders optimise fleet operations, ensure compliance, and meet the rising demand for maintenance and training services.
On the EU-China Aviation Partnership Project
The EU-China APP demonstrates the power of cross-border collaboration in improving aviation safety and operational standards. Acumen Aviation supports such initiatives by offering expertise in regulatory alignment and operational best practices, ensuring our clients can navigate the complexities of international aviation partnerships.
On Hainan Airlines’ Route Resumption
The revival of direct flights between Beijing and Oslo reflects the recovery of international air travel and the importance of strategic connectivity. Acumen’s advisory services help airlines adapt to such evolving demands, optimise route profitability, and maximise fleet utilisation for long-term success.
On the Comac C919 Service
The international debut of the Comac C919 represents a new era for China’s aerospace industry. Acumen Aviation’s deep understanding of emerging aircraft technologies enables us to assist operators in seamlessly integrating new aircraft types into their fleets, ensuring compliance and operational efficiency.
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