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TravelSky's Performance Offers a View of China's Slowing Air Travel Market

Sean O'Neill photo
Sean O'Neill
China Eastern Airlines Source China Eastern Airlines

Photo Credit: China Eastern Airlines is one of many domestic Chinese airlines to rely on TravelSky, a tech vendor, for its computing needs. TravelSky reported its first-half 2019 earnings on Thursday. China Eastern Airlines

Skift Take

New data from China's travel tech giant TravelSky shows that the country's pace of air travel growth slowed in the first half of the year. But the country remained the fastest-growing region in the world in terms of aviation and traveling.

TravelSky has a monopoly on aviation-related software services in China. So the financial data it released Thursday offers a thorough view of air travel trends in the country. In the first half of the year, both air travel and TravelSky's revenues continued to grow, despite the Chinese economy seeing its growth drop to its slowest pace in nearly three decades due to a U.S. trade war. China's pace of growth in domestic air travel slowed in the first half of this year. Passenger volume only went up 7.8 percent, compared with volume rising 11.4 percent in the first half of 2018. Despite the slowdown, the country remained the fastest-growing region in the world for aviation, according to TravelSky. International outbound travel remained a bright spot. In the first half of this year, foreign airlines p

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