Air passenger numbers and ticket prices in China jumped over the five-day Labor Day holiday, with some airlines enjoying record single-day earnings gains, and many indicators surpassing those for the Chinese New Year holiday in late January.
The average daily passenger traffic of domestic airlines during the Labor Day holiday exceeded that of the pre-pandemic level in 2019, figures from Flight Master showed. The country’s three biggest state-owned carriers -- Air China, China Southern Airlines, and China Eastern Airlines -- logged gains of 114%, 108%, and 104% respectively.
Domestic air fares jumped 30% for the holiday period from the same time in 2019, with bookings to popular cities in China soaring 50%, according to data from Ctrip and Qunar.
Shenzhen Airlines said on April 29 that it likely had a record single-day profit of more than RMB 50 million (USD 7.2 million) on April 28, one day before the holiday.
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