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China's civil aviation market hits one-trillion-yuan level in 2019

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2020-01-15 18:14:54Xinhua Editor : Li Yan ECNS App Download
Passengers get off a plane at Nanyuan Airport in Beijing, capital of China, Sept. 25, 2019. (Xinhua/Li Xin)

Passengers get off a plane at Nanyuan Airport in Beijing, capital of China, Sept. 25, 2019. (Xinhua/Li Xin)

China's booming civil aviation industry saw its annual revenue reach 1.06 trillion yuan (about 154.27 billion U.S. dollars) in 2019, according to the civil aviation authorities.

China remained the world's second-largest civil aviation market in 2019. The figure represented a 5.4-percent year-on-year increase, according to the Civil Aviation Administration of China (CAAC).

In 2019, the country's civil aviation industry operated 660 million passenger trips and 7.52 million tonnes of air cargo, a year-on-year increase of 7.9 percent and 1.9 percent, respectively, said the latest CAAC statistics.

In 2018, the annual revenue of China's civil aviation industry was 875 billion yuan, a 17-percent year-on-year increase.

China is expected to become the world's largest civil aviation market by the mid-2020s, according to forecasts by the International Air Transport Association.

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