Trending Today:
Japan Government Provides | Grant to IBP School for Special Students
The Sound Of A Lifetime | Visit a Collection of 800 Musical Instruments
Pakistan, Sri Lanka Explore | New Avenues to Boost Tourism, Cultural Exchanges
  • Aviation
    • Airlines
    • Airports
    • CAA
    • PIA
  • Hotel/Lodges
    • Destination Pakistan
    • Events
    • Food & Beverages
    • Restaurants
  • Pakistan Tourism
    • News
    • Expos & Events
    • Rails & Roads
    • Mountains
    • Organizations
  • International Tourism
    • Cruises
    • Destination
    • Expo & Events
    • News
    • News Destination
    • Organizations
    • Technology
  • Advertise
  • E-papers
  • Newsletter
  • Aviation
    • Airlines
    • Airports
    • CAA
    • PIA
  • Hotel/Lodges
    • Destination Pakistan
    • Events
    • Food & Beverages
    • Restaurants
  • Pakistan Tourism
    • News
    • Expos & Events
    • Rails & Roads
    • Mountains
    • Organizations
  • International Tourism
    • Cruises
    • Destination
    • Expo & Events
    • News
    • News Destination
    • Organizations
    • Technology
  • Advertise
  • E-papers
  • Newsletter
Home » China’s aviation industry | Loses $4.9 Billion In 2nd Quarter
Uncategorized

China’s aviation industry | Loses $4.9 Billion In 2nd Quarter

holidayweeklyBy holidayweeklyJuly 11, 2020No Comments
Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Tumblr Email
Share
Facebook Twitter LinkedIn Pinterest Email

BEIJING: China’s aviation industry suffered a 4.9 billion U.S. dollars loss in the second quarter, slightly narrower than in the first quarter, according to data released by the Civil Aviation Administration of China (CAAC) on Friday, July 10.

In the first quarter, the industry, which includes airlines, airports and other aviation companies, lost 38.1 billion yuan.

Airlines flew a total of 30.74 million passengers last month, down 42.4 percent year on year. The decline narrowed 10.2 percentage points from May, the CAAC said.

In the first half of the year, air passenger numbers hit 150 million, equivalent to 45.8 percent of the volume during the same period last year.

China’s aviation industry has been recovering faster than most countries emerging from the COVID-19 lockdowns, underpinned by a steady recovery in the domestic travel market after the epidemic was largely brought under control.

In June, China maintained regular cargo flights with over 100 overseas destinations in 45 countries, a significant increase over the number before the COVID-19 epidemic.

The domestic and international routes recovered to 65 percent and 42 percent, respectively, over the same period in 2019.

The number of temporary cargo flights has also increased exponentially. A number of airlines used passenger aircraft to replace the cargo aircraft, to make up for the current shortage of cargo aircraft capacity.

“By June 30, the CAAC had organized 35 domestic airlines to transport nearly 5,000 tons of epidemic prevention and control, emergency humanitarian assistance and medical supplies. And conducted 87 shipments of “health package” supplies, involving 25 countries including the U.S., the UK, Japan, ROK, Italy and Russia,” said Jin Junhao, the Deputy Director of Transportation Department of CAAC.

To tackle the issue of insufficient air cargo capacity caused by the mass cancellation of international passenger flights during the epidemic, the CAAC has taken measures such as simplifying administrative approval procedures and guiding airlines to use passenger aircraft capacity to meet freight demand.

The CAAC also adjusted policies for international passenger flights in early June, allowing more foreign carriers to resume flights to China on a once-a-week basis starting from June 8.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email
holidayweekly
  • Website

Related Posts

Engineers Propose | Two Underground Railway Routes For Karachi

June 28, 2026

NTCB & PTDC Organise | Consultative Workshop on National Minimum | Standards for Tourism & Hospitality Sector

October 23, 2020

Promoting Roshan Digital Account | Faysal Bank & PIA Join Hands

October 23, 2020

Comments are closed.

Top Posts

Engineers Propose | Two Underground Railway Routes For Karachi

June 28, 2026

NTCB & PTDC Organise | Consultative Workshop on National Minimum | Standards for Tourism & Hospitality Sector

October 23, 2020

Promoting Roshan Digital Account | Faysal Bank & PIA Join Hands

October 23, 2020

Bahrain Tourism Authority | Nasser Ali Yousif Is New CEO

October 23, 2020
Don't Miss
Latest News

Japan Government Provides | Grant to IBP School for Special Students

By holidayweeklyAugust 25, 2026

KARACHI: The Government of Japan has announced to provide Grant Assistance for Grassroots Human Security…

The Sound Of A Lifetime | Visit a Collection of 800 Musical Instruments

August 25, 2026

Pakistan, Sri Lanka Explore | New Avenues to Boost Tourism, Cultural Exchanges

August 12, 2026

Style Runway Fashion Show | Season 18 Breaks Success Records

August 12, 2026
Stay In Touch
  • Facebook
  • Twitter
  • Pinterest
  • Instagram
  • YouTube
  • Vimeo

Subscribe to Updates

Get the latest creative news from SmartMag about art & design.

About Us
About Us

Email Us: info@example.com
Contact: +92 321 9264 080

Facebook X (Twitter) Pinterest YouTube WhatsApp
Our Picks

Japan Government Provides | Grant to IBP School for Special Students

August 25, 2026

The Sound Of A Lifetime | Visit a Collection of 800 Musical Instruments

August 25, 2026

Pakistan, Sri Lanka Explore | New Avenues to Boost Tourism, Cultural Exchanges

August 12, 2026
Most Popular

Naqvi Visits Boeing’s Headquarters | PIA Seeks Faster Boeing Dreamliner Deliveries

July 19, 2026

Tewolde Gebremariam | Selected As New PIA CEO

July 12, 2026

Lawmakers Raise Concerns | Over Proposed 15-Year  Sales Tax Exemption For PIA

June 21, 2026
© 2026 Weekly Holiday. Website by Haseeb Ansari.

Type above and press Enter to search. Press Esc to cancel.