Strong Aviation Figures Posted for October

Air passenger and cargo traffic grew 18% and 20.3% in China in October compared to a year earlier, the Civil Aviation Administration of China said Tuesday.

International component of total air cargo throughput added seven percentage points to 32% last month.

Passengers flown by China Southern Airlines (NYSE: ZNH, SHA: 600029, HKG: 1055), China Eastern Airlines (NYSE: CEA, SHA: 600115, HKG: 0670), and Air China (SHA: 601111, HKG: 0753), the nation's top three carriers, were up 1.7%, 3.2% and 3.3% year-on-year respectively. Hainan Airlines, an integrated travel and financial services provider based Hainan province off southern China's coast, turned out to be the only operator seeing a decline of 0.7% in passenger handling.