(Source: China International Television 2020-6-10)

June 10, 2020,w88 casinoAssistant Professor Wang Kun, w88 casino of International Economics and w88In a live Skype interview with China International Television's "China 24" column, he said: Although the passenger and cargo volume of my country's aviation industry still declined in May compared with the same period last year, the aviation industry has shown a strong recovery trend. Thanks to China's successful control of the epidemic and the gradual recovery of economic activities, civil aviation will also recover rapidly. In the short term, subsidies and financial support from governments at all levels to airlines have played an important role in helping airlines tide over the difficulties. Given that the epidemic has had little impact on air cargo and has even increased demand for air cargo, Chinese airlines should further develop air cargo capabilities in the future, especially increasing the proportion of all-cargo aircraft. In the medium to long term, airlines should also further improve operational efficiency and reduce production costs.

Wang Kunfurther stated that foreign airlines will face greater operating pressure than Chinese airlines. This is mainly because the epidemic has not yet been effectively controlled in major foreign aviation markets. In the next few years, the global aviation industry will usher in a round of large-scale market mergers and acquisitions and restructuring. This is an opportunity for large airlines, which will help them re-adjust their market and route structures, optimize operations, and reduce costs. Consumers may also benefit, enjoying lower fares and better air services. In addition, airlines that rely on the international market will stop large-scale international expansion and further reduce their international route networks, focusing their capacity on some popular and lucrative markets. Domestic markets in each country will recover first after the epidemic is brought under control, while international market demand is highly uncertain and it will take several years for full recovery. Therefore, most airlines will focus on the domestic market. Finally, airlines will also pay more attention to further diversifying their business operations, especially increasing the proportion of cargo business, adding more all-cargo aircraft, and increasingThe intensity of "customers changing goods".