Xiamen Airlines' rapid growth is a testament to the tremendous growth of China's airline business. In 1972, China established the Civil Aviation Administration of China ("CAAC") as the only player in aviation, with only nine registered aircraft in the fleet. At the end of 2012, China had more than 40 airlines, with an industry-wide fleet exceeding 2,000 aircraft.
Boeing projects investments of nearly $800 billion in China for the purchase of 5,580 new commercial aircraft during the next 20 years. It would account for 16% of global demand, and reflects an average requirement of nearly 200 single-aisle and over 60 wide-body aircraft each year.
About Xiamen Airlines
Founded in July 1984, Xiamen Airlines is a unique and premium airline in China. With the cost advantage of the all-Boeing fleet, Xiamen Airlines is on the way to achieving 27 consecutive years of profitability, the longest in the history of commercial aviation in China. In November 2012, Xiamen Airlines officially became a SkyTeam member, and since then it has been ranked highly by the alliance in the First Class Lounge Service and Staff Service categories. http://www.xiamenair.com.Media contact: Panos Qiu Xiamen Airlines+86-592-217-5175 email@example.com SOURCE Xiamen Airlines