ASIAN AIR CARGO SUPPLEMENT – China’s civil aviation industry to face ‘small’ recession in 2009

CCID Consulting, a leading research, consulting and IT outsourcing service provider in China, said in a report that revenues from the main operations of China’s entire civil aviation industry surpassed 200 billion Yuan in 2006 and total profi ts reached nearly 10 billionyuan. CCID Consulting analyst Liu Xu said that the civil aviation industry will […]


CCID Consulting, a leading research, consulting and IT outsourcing service provider in China, said in a report that revenues from the main operations of China’s entire civil aviation industry surpassed 200 billion Yuan in 2006 and total profi ts reached nearly 10 billionyuan.

CCID Consulting analyst Liu Xu said that the civil aviation industry will maintain an overall relatively high-speed growth from 2006 through 2009. During this time the Beijing 2008 Olympic Games and other factors will lead to big-margin increases, though in 2009 the industry will experiencea small recession.

Courier services will increase relatively rapidly in the next fi ve years, except for document delivery, which will decrease due to the popularity of “courier” delivery through the Internet. World air cargo transport will increase 6 percent in the next 10-20 years, while courier services will increase twice as much at 12 percent. Courier services in the Asia-Pacifi c region, however, will increase by a minimum of 18 percent annually.

China’s courier market is currently equivalent to the added European markets and is expected to show the highest market increase at 36 percent. Currently 390,000 foreign enterprises and over 1 million Chinese enterprises need to communicate on a daily basis, the majority of whom have foreign trade documents, international payments, and transfers completed by international courier. Most experts predict that the compound growth rate of China’s international courier service will reach 30 percent over the next fi ve years.