02 Jun 2020

China Aviation Industry Newsletter 2 June

CDFG’s May sales exceed expectations in Hainan, says President Charles Chen China Duty Free Group President Charles Chen in a recent interview TRBusiness that as more Chinese travellers emerged from quarantine during the May Labour Day holiday period, their strong propensity to spend was evident in Hainan. Charles Chen said “At present, domestic airlines and traffic in China’s airports are recovering rapidly, however, as we all know the worldwide pandemic has not been controlled effectively, so international passenger volume has not yet increased”. Chinese aerospace parts supplier Falcontech to set up 'super additive manufacturing' factory with 50 Farsoon metal machines Chinese aerospace manufacturing service provider Falcontech has committed to the installation of 50 Farsoon metal 3D printing systems as it aims to establish a ‘super additive manufacturing' factory. The company, already a customer of Farsoon, is working to expand its series production capacity and hopes to have a total of 20 Farsoon metal machines up and running by the end of the year. Chinese domestic air travel breaks 50% barrier ForwardKeys has revealed that domestic air travel in China, which has been recovering slowly in the wake of the COVID-19 outbreak, has now reached more than 50% of what it was at the equivalent moment in 2019, based on issued air tickets. In addition, analysis of flight ticketing data reveals a significant uptick in last minute domestic flight bookings in China between May 11, and May 21. During that period, the lead time between ticketing and travel shortened dramatically; 72% of flight tickets were issued within four days of the travel date, compared with 51% at the equivalent point in 2019. ForwardKeys believes that this phenomenon is significantly influenced by students returning to university, as the timing coincides with universities reopening – a milestone that is expected to stimulate Chinese consumers to travel more. China opens ‘green channel’ for charters China’s aviation regulator will gradually reopen its borders, as it allows selected travellers from certain countries to travel to the country reports Flightglobal 28 May.Under a new “green channel” policy, the Civil Aviation Administration of China (CAAC) will allow carriers — both Chinese and international — to apply for rights to operate passenger charter flights. Acumen Aviation © 2 June 2020 All Rights Reserved.