China's Big Three Airlines Are On A Fast Track To Overtake U.S.'s Big Three Within A Few Years [Forbes]
China Southern Airlines Company Limited (ZNH)
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Source: Forbes
Few Americans are familiar with the look of this airliner. But within a few years it will be the paint job - or livery - of the world's largest airline in terms of fleet, capacity and maybe even revenue. China Southern Airlines already is Asia's largest carrier, and its president expects it to have a fleet of 1,000 full size jets by 2020. American Airlines, currently No. 1 in the world in fleet size, has 948 full size jets in its fleet. But China Southern is is growing at a staggering rate. It expects to have 2,000 planes in its fleet by 2035. (Getty Images) The Big Three U.S. airlines – American, Delta and United - might as well start planning their complete withdrawal from the Chinese air market in the 2020s if - and it’s decent-sized “if” - Chinese airlines continue expanding their fleets at the breakneck pace they’ve been on over the last decade. Earlier this week China Southern Airlines president Tan Wangeng, speaking at an industry conference in Guangzh
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