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Friday, June 9, 2023

China predicts international aviation market expansion in 2023

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The Chinese Civil Aviation Authority (CAAC) has released its forecast for international air travel recovery following the COVID-19 epidemic.

Between 2022 and 2023, the Chinese government predicts that the sector will begin to revive.

Between 2023 and 2025, China is predicted to experience tremendous growth and expansion in both domestic and international air services.

The CAAC predicts that the country’s aviation sector would revive by 2022, according to a thorough five-year strategy. The emphasis should be on pandemic prevention and control.

“In this period, we should make good use of the low-load period of the total civil aviation operation during the market recovery stage, speed up the implementation of major projects, speed up major reforms, rationally regulate the deployment of transport capacity, stabilize support policies, accumulate development momentum, and promote the industry to resume growth,” Han Jun, director of the Development & Planning Department of CAAC, explained to local media on January 9, 2022.

The CAAC also forecasts a phase of rapid sector expansion between 2023 and 2025, with the primary goal of “releasing the impact of [pandemic-related, ed.-] reforms and improving the level of reopening,” according to the development plan.

The CAAC adds: “The focus is to expand the domestic market, restore the international market, release the reform results, and improve the level of opening up.”

The CAAC’s ambitious ambition to open more than 270 civil airports by 2025 has been followed by a recently issued guideline for the development of China’s aviation sector.

Han Jun has previously stated that increasing the number of approved civil airports would aid the country in increasing both local and international passenger traffic as well as air cargo activities in January 2022.

This is expected to result in an annual delivery of 930 million passengers and 9.5 million tons of freight.


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