Geopolitics, Supply Chain Shifts Reshape China’s Aviation Market
Listen to the full version
Geopolitical shifts are fundamentally reshaping global aviation, creating new growth hubs across Asia and the Middle East while politically strained routes to North America continue to lag, according to the head of a key Chinese industry body.
The deep restructuring of industrial and supply chains is redirecting the flow of people, goods and information, which in turn is remolding the international air travel market, Wang Changsun, chairman of the China Air Transport Association (CATA), said at a recent industry conference. Wang attributed the shifts to both geopolitical forces distorting market-based advantages and a technological revolution pushing supply chains to become more digital and intelligent.
Unlock exclusive discounts with a Caixin group subscription — ideal for teams and organizations.
Subscribe to both Caixin Global and The Wall Street Journal — for the price of one.
- RELATED
- DIGEST HUB
Digest Hub
Back
- Geopolitical shifts and restructuring of supply chains are driving aviation growth in Asia, the Middle East, and away from North America.
- China’s international flights to the U.S. and Canada remain low (28-33% of 2019 levels), while Middle Eastern routes surged to 152% of pre-pandemic capacity.
- Intense domestic airline competition, falling ticket prices, and rivalry with high-speed rail are squeezing profits despite rising passenger numbers.
- PODCAST
- MOST POPULAR
Sign in with Google
Sign in with Facebook
Sign in with 财新