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Words: | Submitted: Fri Mar 05 2004
... rapidly developing economic regions vastly dominate the domestic destinations, such as Beijing, Shanghai, Shenzhen, and so forth. Furthermore, there are also regular flights to the other key international destinations, including: Amsterdam, Tokyo, Singapore, and so on. Apart from the above routes, parts of the CSA's air transportation business are operated by its subsidiaries, which include Xiamen Airlines, Zhuhai Airlines and etc. Moreover, each of the airline subsidiaries is sixty percent owned by CSA. CSA has numerous fleets of aircraft and there are two main categories: Boeing and Airbus. Predictably, most of the aircraft were held under finance and operating lease, and the average age of the group's fleet was 7.48 years as at the end of 2001. CSA main business is flight operation, which are the travelers and cargo traffics. Therefore, its operating revenue highly depends on these volumes. However, as tourism is dynamic, subject to seasonal amendments and ...
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