From 2013 to 2023, the civil aviation flying time for industries in China demonstrated an overall growth. Beginning at 96.35k hours in 2013, flying time saw a decline to 82.88k hours by 2016, followed by a steady recovery, culminating in 104.96k hours in 2023. Year-on-year variations indicate fluctuations, notably a sharp rise in 2013 (25.01%) and a significant drop in 2014 (-12.55%). The compound annual growth rate (CAGR) over the past five years leading up to 2023 was 2.73%. From 2024 onward, forecast trends predict continued growth, with a projected flying time of 116.91k hours by 2028, and a CAGR of 1.7% from 2023 to 2028.
Future trends to watch for:
• Growing demand from e-commerce and logistics sectors.
• Increasing investments in fleet modernization and expansion.
• Enhanced regulatory support for aviation infrastructure development.
• Sustainable aviation fuel adoption and eco-friendly practices.