Number of Chinese Airline Passengers Jump 16.7%

Chinese airlines are seeing more flyers....16.7% more than they did last year.

Altogether, 86.7 million took to the friendly skies in the first half of this year.

Domestic passengers were up 16.2% and international flyers were up 21.8%.

Cargo traffic was up 15.3%

Revenues were up…18.3%.

Profits were up….

11%.

China has 1,054 airplanes registered in the civial aviation sector, up 56 from six months ago.

There's a reason why airplanes go up….it's the way they want their business to go.

But…what goes up, must come down, no?