As Asia's 8th Biggest Aviation market
September 25, 2011
The Philippines Manila International Airport is set to overtake Hong Kong as Asia's Eight Biggest Aviation Market by 2012.
Ahead of the pack is China, followed by Japan, India, Indonesia, South Korea, Thailand, and Malaysia.
The Indian Subcontinent is leading the Asian charge with the fastest growth rate recorded in 2011, while the Philippines has grown 16.1% of its market according to datum supplied by Innovata.
There are five main competing commercial airlines serving the domestic market which contributed to its tremendous growth: Philippine Airlines and its low cost subsidiary Air Philippines, Cebu Pacific, Zest Airways and South East Asian Airlines.
Capacities to Asia - Seats per week by destination country (includes domestic, where applicable): May-2011 vs May-2010
| Country | May-2010 | May-2011 | % Change | Growth
Rank |
Ranking by Seats | Variance | |
|---|---|---|---|---|---|---|---|
| May-2010 | May-2011 | ||||||
| China | 7,060,042 | 7,428,871 | 5.2% | 18 | 1 | 1 | - |
| Japan | 3,267,930 | 3,089,077 | -5.5% | 24 | 2 | 2 | - |
| India | 1,763,569 | 2,087,289 | 18.4% | 3 | 3 | 3 | - |
| Indonesia | 1,270,038 | 1,472,175 | 15.9% | 6 | 4 | 4 | - |
| South Korea | 944,124 | 1,059,576 | 12.2% | 12 | 5 | 5 | - |
| Thailand | 790,613 | 883,825 | 11.8% | 13 | 6 | 6 | - |
| Malaysia | 783,649 | 882,637 | 12.6% | 11 | 7 | 7 | - |
| Hong Kong | 589,419 | 668,840 | 13.5% | 9 | 8 | 8 | - |
| Philippines | 547,650 | 635,781 | 16.1% | 5 | 9 | 9 | - |
| Singapore | 517,607 | 587,387 | 13.5% | 8 | 10 | 10 | - |
| Taiwan | 475,624 | 528,377 | 11.1% | 14 | 11 | 11 | - |
| Vietnam | 360,055 | 415,133 | 15.3% | 7 | 12 | 12 | - |
| Pakistan | 194,992 | 206,936 | 6.1% | 17 | 13 | 13 | - |
| Bangladesh | 96,174 | 92,053 | -4.3% | 23 | 14 | 14 | - |
| Sri Lanka | 62,736 | 78,992 | 25.9% | 1 | 15 | 15 | - |
| Nepal | 62,178 | 63,001 | 1.3% | 22 | 16 | 16 | - |
| Macau | 50,904 | 55,385 | 8.8% | 16 | 18 | 17 | +1 |
| Myanmar | 51,813 | 54,332 | 4.9% | 19 | 17 | 18 | -1 |
| Cambodia | 43,393 | 49,130 | 13.2% | 10 | 19 | 19 | - |
| Maldives | 34,334 | 39,994 | 16.5% | 4 | 20 | 20 | - |
| Brunei Darussalam | 23,017 | 23,361 | 1.5% | 21 | 21 | 21 | - |
| Laos | 17,718 | 18,214 | 2.8% | 20 | 22 | 22 | - |
| Mongolia | 8,873 | 9,745 | 9.8% | 15 | 23 | 23 | - |
| Bhutan | 1,952 | 2,440 | 25.0% | 2 | 24 | 24 | - |
| GRAND TOTAL | 19,018,404 | 20,432,551 | 7.4% | ||||
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