China Air Travel Hits Fresh Record on Post-Covid New Year Boost [BNN Bloomberg (Canada)]
China Southern Airlines Company Limited (ZNH)
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Source: BNN Bloomberg
Total air passenger traffic reached almost 180 million trips in the first three months of 2024, state broadcaster CCTV said Tuesday, citing data from the Civil Aviation Administration of China. That's the most ever for such a quarter and represents year-on-year growth of 37.7%. While air traffic for the first quarter of 2023 was relatively subdued considering China only threw off the last of its strict Covid controls in January of that year, those figures are still 10.2% higher than 2019. Read more: China New Year Travel Hit Record With Most Trips Made by Car China's most important holiday, Lunar New Year, typically falls in the first quarter. The celebration, which was in February this year, sees hundreds of millions of people return to their home towns for family reunions. An unprecedented 83.5 million trips were made via air during this year's 40-day holiday travel rush, an increase of 51% from 2023 and 14.5% from 2019, according to CAAC. For the three-month period, air pa
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