China's air passenger trips rose 4.9% year over year to 190 million in the first quarter, according to data from the Civil Aviation Administration of China.
The sector recorded increases of 4.8% to 1.4 million flights and 2.6% to 3.6 million flight hours, while cargo and mail volume rose 11.7% to 2.2 million tonnes.
Total transportation turnover rose 11% to 38.6 billion tonne-kilometers.
The civil aviation sector improved its on-time performance rate by 4.9 percentage points to 94.5% in Q1, with no accidents reported during the period.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.