Most Chinese airports in the red
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E-mail China.org.cn, May 6, 2012
Official statistics show that most airports in China, especially smaller ones, are operating in the red, CNR reported.
Medium-sized and small airports that host less than one million passengers per day are more likely to suffer deficits. Airports' main revenues are from aircraft landing fees. With too little traffic and passenger flow, smaller airports are unable to make ends meet.
China's top 30 most profitable airports are located mainly along the eastern coast and in places with renowned tourism attractions. But their profits are partly boosted by regional airports, according to Li Xiaojin of Civil Aviation University of China. He said a large number of passengers who fly international have to take the regional jets to dock their outbound flights, bringing revenues to international airports in places like Beijing, Shanghai and Guangzhou. 我
The Civil Aviation University professor acknowledged airports would boost local economy by as much as eight times that of the investment, but he cautioned that developing surface transportation and encouraging people to take it, especially high-speed railways, are better than creating too many unnecessary airports.
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