Many 188bet app download have raised fares on Beijing-Shanghai routes by 10%

Big Traffic Author of this article: Luo Songsong 2018-06-24
Days ago,China Eastern 188bet app download、Air China、Many 188bet app download such as China Southern 188bet app download have successively raised the prices of economy class on Beijing-Shanghai routes,Full price increased from 1240 to 1360 yuan,The increase is about 10%。

Days ago,China Eastern 188bet app download、Air China、Many 188bet app download such as China Southern 188bet app download have successively raised the prices of economy class on Beijing-Shanghai routes,Full price increased from 1240 to 1360 yuan,The increase is about 10%。

Beijing-Shanghai route is regarded as the most profitable golden route in 188bet app download,The number of flights operated and the number of passengers transported are the largest in the country。According to data from the Civil Aviation Resource Network CADAS,January-April 2018,The number of flights on the Beijing-Shanghai route reaches approximately 10,000,Passenger traffic is 232.220,000 people,The average passenger load factor is about 90%。

January 5th this year,The National Development and Reform Commission and the Civil Aviation Administration jointly issued the "Notice on Further Promoting Issues Related to Civil Aviation Domestic Air Passenger Transport Prices" (hereinafter referred to as the "Notice"),Decided to expand the scope of 188bet app download subject to market-adjusted prices,Added 306 new 188bet app download based on the original ones,Covering major domestic popular 188bet app download including flights between Beijing, Shanghai, Guangzhou and Shenzhen。

According to regulations,Every sailing season,The number of routes that each airline can adjust is 15% of the total number of market-adjusted routes operated in the previous season,The cumulative increase in non-discounted fares for each 188bet app download per season shall not exceed 10%。

Business passengers account for the majority on the Beijing-Shanghai route,Travellers are relatively insensitive to price。After the announcement of the "Notice",188bet app download considered to be one of the routes with the most room for price increase。What can be compared is,The full-price economy class ticket from Beijing to Hangzhou, which started implementing market pricing in 2013, has already reached 2,200 yuan。

Starting from the summer and autumn sailing season at the end of March,Each airline has successively made price adjustments on some routes,such as Guangzhou-Chengdu、Guangzhou-Shanghai、Shenzhen-Hangzhou, etc.。Civil Aviation Resource Network CADAS data display,Guangzhou-Chengdu 188bet app download fare increased from 1,430 yuan to 1,570 yuan;Guangzhou-Shanghai 188bet app download fare increased from 1350 yuan to 1480 yuan;Shenzhen-Hangzhou 188bet app download fare increased from 1,260 yuan to 1,380 yuan,The price increase is close to 10%。

Although the Beijing-Shanghai route is called the golden route,But competition among 188bet app download is fierce,There are 7 188bet app download operating,The number of flights operated per week reaches 658。Except the three major state-owned 188bet app download and Hainan 188bet app download,Also includes China United 188bet app download, a subsidiary of China Eastern 188bet app download、Juneyao 188bet app download、Xiamen 188bet app download,China Eastern 188bet app download has the largest market share。

In addition,Due to the unsatisfactory punctuality rates of Pudong Airport and Capital Airport all year round,Speed ​​up the "Fuxing" to compress the passage time to 4.5 hours later,The attraction of high-speed rail is also increasing。CADAS data display,January-April 2018,Passenger traffic on the Beijing-Shanghai 188bet app download fell by 7% year-on-year.6%,High-speed rail diversion is undoubtedly an important reason。

However,A brokerage person said,Air ticket price reform will not have much impact on the company’s performance,When the number and range of price adjustment routes are limited,188bet app download still face considerable competitive pressure。

Based on estimates from Orient Securities,A 10% increase in fares on the Beijing-Shanghai line will increase China Eastern 188bet app download’ net profit attributable to the parent company 3.6%,Increase net profit attributable to parent companies of Air China and China Southern 188bet app download 2.7% and 0.4%。

*This article comesSource: interface, Author:Luo Songsong, original title: "Beijing-Shanghai route price increase by 10%,China Eastern 188bet app download’ net profit is expected to increase by 3.6%》.

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