China's top ten airlines

By the end of 2020, there were 64 transport airlines in my country, including 53 passenger airlines and 11 all-cargo airlines. In the past two years, due to factors such as the decline in industry growth and the impact of the epidemic, airlines have generally had a hard time.

No.1: China Southern Airlines

We believe that one day, China Southern Airlines will become the largest airline in the universe. In fact, in terms of passenger traffic, China Southern has surpassed American Airlines to become the world's largest airline in 2020. In 2020, China Southern's operating income was 92.56 billion yuan, and its net profit was -11.82 billion yuan. It transported 96.86 million passengers, ranking first in the world. The passenger turnover was 153.44 billion passenger kilometers. By the end of 2020, China Southern had total assets of 326.1 billion RMB, net assets of 84.86 billion yuan, and an asset-liability ratio of 74.0%. The fleet size is 867 and the passenger aircraft fleet is 851. China Southern has a total of 111 wide-body aircraft, including 5 A380 aircraft. In addition, China Southern has 6 domestically produced ARJ21 aircraft.

No.2: China International Airlines

As the only flag-carrying airline in China, Air China shoulders the historical responsibility of building a national airline business card and implementing the "Civil Aviation Power Strategy". Air China now has a wide range of international routes and a balanced domestic and international network; the most valuable customer group and the strongest brand influence; the fleet renewal and transformation have basically been completed, and it is one of the youngest fleets in the world; profitability It has been in the leading position in the industry for a long time; Air China has become the first group of air transport companies in the world. In 2020, Air China's operating income was 69.50 billion yuan, and its net profit was -15.82 billion yuan. 68.687 million passengers were transported. The passenger turnover was 109.83 billion passenger kilometers. By the end of 2020, Air China had total assets of 284.1 billion RMB, net assets of 83.81 billion yuan, and an asset-liability ratio of 70.5%. The fleet size is 707 and the passenger aircraft fleet is 702. Air China has the largest wide-body aircraft fleet in China, with a total of 129 wide-body aircraft, including 10 B747 aircraft. In addition, Air China has three domestically produced ARJ21 aircraft.

No.3: China Eastern Airlines

Compared with China Southern Airlines and Air China, China Eastern Airlines' self-description is relatively low-key. China Eastern was successfully listed on the New York, Hong Kong and Shanghai stock exchanges in 1997, making it the first airline in China's civil aviation industry to be listed in the three places. The company has the youngest fleet and the most technologically advanced aircraft among the world's major airlines. In 2020, the operating income was 58.64 billion yuan, and the net profit was -12.55 billion yuan. 74.621 million passengers were transported. The passenger turnover was 107.27 billion passenger kilometers. By the end of 2020, the total assets were 282.4 billion yuan, the net assets were 56.91 billion yuan, and the asset-liability ratio was 79.8%. The fleet size is 725 aircraft. China Eastern Airlines has a total of 94 wide-body aircraft, which is the least among the three major airlines. In addition, China Eastern has three domestic ARJ21 aircraft.

No.4: Hainan Airlines

Hainan Airlines is currently tightly bound to the Hainan Free Trade Port. HNA Holdings started in Hainan Province, the largest special economic zone and free trade port in China. It has a young and luxurious fleet mainly of Boeing series. It is one of the fastest-growing and most dynamic airlines in China. It is committed to providing passengers with A full range of seamless aviation services. In 2020, the operating income was 29.4 billion yuan, and the net profit was -68.74 billion yuan. 37.032 million passengers were transported. The passenger turnover was 57.11 billion passenger kilometers. By the end of 2020, the total assets were 164.6 billion yuan, the net assets were -22.25 billion yuan, and the asset-liability ratio was 113.5%. The fleet size is 346 aircraft. Hainan Airlines has a total of 78 wide-body aircraft, the highest proportion of wide-body aircraft among all airlines. In addition, Hainan Airlines has 36 regional aircraft, Bombardier and Embraer each have a 50-50 share.

No.5: Xiamen Airlines

Xiamen Airlines, established in 1984, is China's first airline operating under a modern enterprise system. After 36 years of continuous development, it has now become a unique airline in China's civil aviation industry. it is the longest profitable airline in China's civil aviation industry, achieving the only profit in China for 34 consecutive years. In the global airline financial rating, it ranks first among Chinese airlines. Among the more than 240 member airlines of the International Air Transport Association, Xiamen Airlines ranks among the top 20 in terms of total profit and top 10 in terms of revenue and profit margin. In 2020, the operating income was 20.67 billion yuan, and the net profit was -450 million yuan. 26.909 million passengers were transported. The passenger turnover was 39.527 billion passenger kilometers and the asset-liability ratio was 67%. The fleet size is 209, including 12 wide-body aircraft. Xiamen Airlines also owns Hebei Airlines and Shanxi Airlines.

No.6: Shenzhen Airlines

Shenzhen Airlines is also a leader among domestic airlines. In 2020, the operating income was 17.394 billion yuan, and the net profit was -2.13 billion yuan. 25.481 million passengers were transported. The passenger turnover was 37.187 billion passenger kilometers. By the end of 2020, the total assets were 63.7 billion yuan, the net assets were 6.05 billion yuan, and the asset-liability ratio was 90.5%. The fleet size is 222, including 6 wide-body aircraft. Shenzhen Airlines invested and established Kunming Airlines.

No.7: Sichuan Airlines

As the only large airline in the western region of my country, Sichuan Airlines, to be honest, it is not easy to reach today's scale. In 2020, the operating income was 16.08 billion yuan, and the net profit was -2.48 billion yuan. By the end of 2020, the total assets were 57.62 billion yuan, the net assets were 1.12 billion yuan, and the asset-liability ratio was 98.1%. The fleet size is 169, including 20 wide-body aircraft.

No.8: Shandong Airlines

Shandong Airlines, as the only airline listed on the B-share market, has really slowed down in recent years. Regardless of the size of the fleet or wide-body aircraft, it has not kept up with the pace of Xiamen Airlines, Shenzhen Airlines, and Sichuan Airlines, and is already the smallest of the four major regional airlines. After all, it is so good that Shandong Airlines is still listed, and it is also a shareholder of Sichuan Airlines. In 2020, the operating income was 10.53 billion yuan, and the net profit was -2.38 billion yuan. 18.195 million passengers were transported. The passenger turnover was 25.63 billion passenger kilometers. By the end of 2020, the total assets were 22.4 billion yuan, the net assets were 2.57 billion RMB, and the asset-liability ratio was 88.5%. The fleet size is 131 aircraft, with no wide-body aircraft.

No.9: Juneyao Airlines

As one of the top three private companies, Juneyao Airlines surpasses Spring Airlines in terms of revenue, but its fleet size and passenger volume are not as good as Spring Airlines, mainly because Juneyao Airlines has 6 B787s. If Hainan Airlines is excluded, Juneyao Airlines is already the largest domestic airline, and now Juneyao Airlines is also coveting to annex Hainan Airlines. In 2020, the operating income was 10.1 billion yuan, and the net profit was -490 million yuan. 15.717 million passengers were transported. The passenger turnover was 23.43 billion passenger kilometers. By the end of 2020, the total assets were 32.31 billion yuan, the net assets were 10.88 billion yuan, and the asset-liability ratio was 66.3%. The fleet size is 102, including 4 wide-body aircraft.

No.10: Spring Airlines

Spring Airlines is the largest low-cost airline in China. However, Spring Airlines is still a little small. The four major airlines in Europe and the United States have low-cost airlines, such as Southwest Airlines in the United States and Ryanair in Europe. However, the scale of our low-cost airlines is still a little smaller, which also gives Spring Airlines a great potential for development. In 2020, the operating income was 9.37 billion yuan, and the net profit was -590 million yuan. 18.592 million passengers were transported. The passenger turnover was 30.15 billion passenger kilometers. By the end of 2020, the total assets were 32.43 billion yuan, the net assets were 14.18 billion yuan, and the asset-liability ratio was 56.3%. Fleet size of 104 aircraft, no wide-body aircraft. Spring Airlines also invested in Spring and Autumn Japan and took a stake in China Southern Airlines.

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By the end of 2020, there were 64 transport airlines in my country, including 53 passenger airlines and 11 all-cargo airlines.

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