Read us | Listen to us | Watch us | Join Live Events | Turn Off Ads | Live |

Click on your language to translate this article:

Afrikaans Afrikaans Albanian Albanian Amharic Amharic Arabic Arabic Armenian Armenian Azerbaijani Azerbaijani Basque Basque Belarusian Belarusian Bengali Bengali Bosnian Bosnian Bulgarian Bulgarian Cebuano Cebuano Chichewa Chichewa Chinese (Simplified) Chinese (Simplified) Corsican Corsican Croatian Croatian Czech Czech Dutch Dutch English English Esperanto Esperanto Estonian Estonian Filipino Filipino Finnish Finnish French French Frisian Frisian Galician Galician Georgian Georgian German German Greek Greek Gujarati Gujarati Haitian Creole Haitian Creole Hausa Hausa Hawaiian Hawaiian Hebrew Hebrew Hindi Hindi Hmong Hmong Hungarian Hungarian Icelandic Icelandic Igbo Igbo Indonesian Indonesian Italian Italian Japanese Japanese Javanese Javanese Kannada Kannada Kazakh Kazakh Khmer Khmer Korean Korean Kurdish (Kurmanji) Kurdish (Kurmanji) Kyrgyz Kyrgyz Lao Lao Latin Latin Latvian Latvian Lithuanian Lithuanian Luxembourgish Luxembourgish Macedonian Macedonian Malagasy Malagasy Malay Malay Malayalam Malayalam Maltese Maltese Maori Maori Marathi Marathi Mongolian Mongolian Myanmar (Burmese) Myanmar (Burmese) Nepali Nepali Norwegian Norwegian Pashto Pashto Persian Persian Polish Polish Portuguese Portuguese Punjabi Punjabi Romanian Romanian Russian Russian Samoan Samoan Scottish Gaelic Scottish Gaelic Serbian Serbian Sesotho Sesotho Shona Shona Sindhi Sindhi Sinhala Sinhala Slovak Slovak Slovenian Slovenian Somali Somali Spanish Spanish Sudanese Sudanese Swahili Swahili Swedish Swedish Tajik Tajik Tamil Tamil Thai Thai Turkish Turkish Ukrainian Ukrainian Urdu Urdu Uzbek Uzbek Vietnamese Vietnamese Xhosa Xhosa Yiddish Yiddish Zulu Zulu

Chinese aviation: High-speed trains will hurt airlines

Written by editor

The new Beijing-Shanghai high-speed trains might lead to a 20 percent to 30 percent reduction in airline passengers on that route, China Business News (CBN) reported Monday, citing an aviation industr

Print Friendly, PDF & Email

The new Beijing-Shanghai high-speed trains might lead to a 20 percent to 30 percent reduction in airline passengers on that route, China Business News (CBN) reported Monday, citing an aviation industry insider.

“When the Beijing-Shanghai high-speed trains begin operations, the number of passengers might be reduced 20 or 30 percent within half a year, but in a long run it will not affect the airlines so much because of diversified demand,” Ma Xulun, general manager of China Eastern Airlines Co Ltd, told the newspaper.

Wu Li, an analyst from Essence Securities, said in a report this month that the Beijing-Shanghai flight route attracted more business elites than average customers. Business trips account for around 70 percent to 80 percent of all airline ticket sales, Wu said. Thus, she expects price cuts by airline due to the impact of the new high-speed rail s will be less than 20 percent.

However, as far as airlines concerned, they cannot control delays or cancelations of flights, which places them in a weak position to compete with the bullet train. On June 11, many airports, including Beijing Capital International Airport and Shanghai Hongqiao International Airport, encountered flights delays due to thunderstorm, CBN reported.

The three major airlines – Air China Ltd, China Eastern and China Southern Airlines Co Ltd – have increased domestic and international air routes to compete with their railway counterparts.

Ticket prices for the Beijing-Shanghai high-speed trains were released Monday, Xinhua News Agency reported.

Tickets will range from 555 yuan ($85.60) for second-class seats to 1,750 yuan for business class seats on those trains that travel at a maximum speed of 300 kilometers per hour. For high-speed trains that run at a maximum of 250 kilometers per hour, tickets will cost 410 yuan for second-class seats and 650 yuan for first-class seats. Tickets will “float according to the market,” Xinhua reported.

Print Friendly, PDF & Email