From the domestic passenger business point of view the increase rate reflects not only the same period within 2008 was suppressed demand but also is the natural growth of the.
Undergone restructuring and intergrated of the three aircraft three pillars of the situation inside the formal establishment on the airlines in the fleet of construction network format marketing ideas along with aspects of the more reasonable thinking and operations. Demand for domestic airline industry recovery moderate capacity growth fuel prices remain relatively reduced the airline industrys profitability will little by little improve.
Season Ruqierzhi
In line with CAA statistics in Come early july 2009 the Civil Aviation Gong Yun Shuzong complete earnings 3.7 zillion tons km passenger transport volume of 2103 mil people cargo travel volume 360500 tons respectively year on year increase of Thirteen. Cab fare from eugene airport to downtown 5 21.9 and 3.2 your domestic aviation marketplace season Ruqierzhi. Air Cina China Southern along with China Eastern Airways three major every day passenger traffic expanded 21.9 respectively Fifteen.5 and 30.17. Even so due to sluggish overseas market domestic flight companies will add capacity and a few international shipping collections shifted to the every day aviation market Air flow China China Southeast and China Eastern investment in the capacity with international routes increased by -12.5 respectively 0.6 and -1.94 The capacity from the domestic passenger market place inputs respectively a rise of 20.6 12-15.2 and 29.4 a load factor even though the carriage rate appreciably higher than the same period in 2008 rebounded but did not return to The year 2007 levels. Compared to traveler pick up freight restoration is still not acceptable.
Route points of view to profit from the release of home-based economic recovery in addition to demand in the home-based market season is nearing to maintain high growth domestic routes fares index to rise again.
From the passenger load factor point of view throughout July 2009 seemed to be up 76.6 Load Factor the string increased 2.7 percent an increase of just one.7 percentage factors is class buggy rate of 66.9 over the previous year are slightly greater than Central. Input from your capacity point of view this airline is still the capability to invest in domestic to advance passenger transport market place capacity investment along with market demand featuring consistency.
Fare amount from the point of view with July regardless of long distance intermediate or extendable domestic airlines admission prices have significantly exceeded the same time in 2007 and 2008 levels an essential commercial and tourist city ticket discounts significantly reduced a lot of the business city costs remain above the Bazhe.
Although increase in international plane tickets on domestic paths far behind but international routes to obtain positive growth the first time an increase of Zero.33. Because the airlines usually are not to put more potential on international travel arrangements international passenger heap factor significantly elevated.
According to data released through IATA the international enterprise major decline within passenger aviation market has been greatly simplified. However international paths and in Asia Hong Kong in addition to Macao routes fare amounts have not been signs of retrieval according to IATA statistics data irrespective of significant recovery with passenger traffic on international routes even so the airlines to some extent for the expense of votes price level price. At present this international aviation market is still some time previous to full recovery especially the two-class business.
Driven because of the civil aviation company airport passenger throughput and also aircraft movements plus the gradual recovery in these two indicators in particular the same period in 2008 suppressed your capitals airport and Shuangliu Air port traffic fast healing. Benefit from the FedEx center in business growth Baiyun airport cargo and send throughput rapid growth. Currently the airports cargo procedures at a relatively slow overall situation the actual international air products business is still shrinking gradually decline is anticipated to decline in international economic growth ingesting the slackness of shipment will Chixu.
Oil price is expected to maintain the minimal range
With worldwide oil prices every day fuel prices did start to rise. September Two 2009 the every day jet fuel charges rise by 300 yuan ton jet fuel sales flower to 5490 yuan ton the level of fuel prices back to early 06 levels domestic energy prices and overseas fuel prices have been inversion.
With rising fat prices domestic air carriers to bear the cost stress will gradually enhance. According to past experience is anticipated to fuel surcharge is anticipated to re-sign the collection of normal the following flight portions may be 800 kilometres 30 yuan person 800 km lower-leg or more 60 yuan Per person. However the latest international oil charges continued to decline within fuel prices throughout Singapore fell to 75 dollars gun barrel below which will garnishment fuel surcharges to take some important uncertainties.
Opportunities facing the shipping sector
June is usually the best time of the airline market profitability the industry continue to go up to maintain quantity and price situation gas prices remain relatively stable in the case of the actual airlines profitable core small business will be further boosted. From the perspective regarding domestic passenger business business growth not simply reflects the same time in 2008 ended up being suppressed demand but in addition contains the natural increase of the industry. Undergone restructuring in addition to integration of the about three aircraft three pillars of the situation in the formal organization of the airlines inside the fleet of construction multilevel layout marketing thoughts and other aspects of the greater rational thinking and operations. At the same time the airlines funds injection into the tangible operational stage Cina Eastern China The southern part of Airlines the airfare of non-public offering happen to be completed were given 6.0 billion 30 million and 1 billion fund the airlines particular predicament improved. September Donghangjihua unique object again Jinxing private placement Muji 7 million capital if the clean completion China Western Airlines are causing insolvent situation. We retain our aviation portion recommended rating the recommended attention to Air Cina 601111 ST China Eastern Airlines 600115.
In addition manchester international board we suggest attention to the Shanghai Air port 600 009 investment options. On the one hand due to the retrieval on international paths benefits and other elements known to the world expo with Shanghai airport to the excellent growth trends. However problems on the asset is expected to progress into the present the company been given the controlling investor Shanghai Airport Group Denver colorado. Ltd. on the group to regulate the informed investor the Shanghai Airport Group Denver. Ltd. owned by the Shanghai Property Supervision and Administration Commission to fulfill this responsibilities of investor. This kind of adjustment is expected to be able to straighten out the relationship among ownership groups to deal with the future of asset restructuring within the land issue hence speeding up the process of advantage injection into the wife or husband of the assets required to be further strengthened. We maintain the Shanghai International airport 600 009 recommended rating. Cab fare from eugene airport to downtown
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