China\u2019s massive civil aviation fleet is ageing faster than planes are being replaced, threatening to saddle airlines with higher costs, but orders for home-grown C919 jets could help stem the tide, according to the head of north Asia for the International Air Transport Association (IATA).<\/p>\n
Current aircraft replacements are failing to reach 2019 levels despite recent orders of Airbus and Boeing jets, IATA regional vice-president Xie Xingquan said at the industry group\u2019s annual general meeting in Rio de Janeiro, Brazil, responding to an audience question about any lift from those orders.<\/p>\n
Since 2020, the number of aircraft over 20 years old has outpaced new deliveries, depressing replacement rates below the threshold needed for a \u201cstable fleet age\u201d, Xie said in a YouTube webcast on Saturday during the IATA event. The fleet now \u201crisks continued ageing\u201d despite previously ranking among the world\u2019s youngest.<\/p>\n
A maturing fleet augurs higher operating costs for airlines, Xie noted. Older planes require more stringent mechanical oversight, higher labour outlays and increased fuel consumption, among other setbacks, the IATA has found.<\/p>\n
Maintenance of older aircraft is particularly capital-intensive due to the need for \u201cdurable parts\u201d, according to independent aviation analyst Li Hanming.<\/p>\n
\u201cThis is actually counted as a depreciation of assets, but you still have to take cash flow out of your pocket,\u201d Li said.<\/p>\n
[LIVE] China Future Tech webinar | How China\u2019s aerospace rise is reshaping global skies<\/p>\n","protected":false},"excerpt":{"rendered":"China\u2019s massive civil aviation fleet is ageing faster than planes are being replaced, threatening to saddle airlines with…\n","protected":false},"author":2,"featured_media":32631,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13021],"tags":[4616,3527,15822,223,19776,23351,19777,19778,195,23350,23349,23352,13318,3526,23353],"class_list":["post-32630","post","type-post","status-publish","format-standard","has-post-thumbnail","category-airbus","tag-airbus","tag-beijing","tag-boeing","tag-brazil","tag-c919","tag-china-eastern-airlines","tag-civil-aviation-administration-of-china","tag-comac","tag-donald-trump","tag-iata","tag-international-air-transport-association","tag-li-hanming","tag-rio-de-janeiro","tag-shanghai","tag-xie-xingquan"],"_links":{"self":[{"href":"https:\/\/www.europesays.com\/france\/wp-json\/wp\/v2\/posts\/32630","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/france\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/france\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/france\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/france\/wp-json\/wp\/v2\/comments?post=32630"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/france\/wp-json\/wp\/v2\/posts\/32630\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/france\/wp-json\/wp\/v2\/media\/32631"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/france\/wp-json\/wp\/v2\/media?parent=32630"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/france\/wp-json\/wp\/v2\/categories?post=32630"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/france\/wp-json\/wp\/v2\/tags?post=32630"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}