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Thu, 24 May 2018

Xiamen Airlines Takes Delivery of 200th Aircraft

Xiamen Airlines has taken delivery of its first Boeing 737 MAX aircraft, expanding its fleet to 200 aircraft.

 The airline passed the first milestone of 100 planes in 2013 and has continued to grow by adding roughly 20 aircraft per year, now doubling the size of its fleet within five years.

Xiamen Airlines Boeing 737 MAX. Click to enlarge.

After gorwing its fleet to 100 airplanes in 2013, Xiamen Airlines accelerated its expansion move into international markets. The airline bought the first Boeing 787 Dreamliner in August 2014 and launched the first intercontinental flight, between Xiamen and Amsterdam, in July 2015. Over the following two years, the airline launched 10 intercontinental flights to cities across Europe, North America and Oceania, including Los Angeles, Melbourne, New York, Seattle, Sydney and Vancouver. All the intercontinental flights are now serviced by Boeing 787 aircraft.

In the last 5 years the airline's operating profits have increased year-by-year, reporting gross profits exceeding 10 billion Yuan (approx. US$1.5 billion). The airline has now been profitable for 31 consecutive years, reflecting the rapid growth, and huge potential, in China's civil aviation industry.

Over the past five years, the US, Europe and China recorded an average annual growth rate of roughly 4%, 6% and 10% in civil aviation passenger volume, respectively, while Xiamen Airlines experienced an average growth rate of 15%. 

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