While there is an impact from Japan routes, passenger traffic at mainland Chinese airports still saw healthy growth in November, a Morgan Stanley report said. Passenger traffic at Beijing Capital International Airport, Shanghai Pudong/ Hongqiao International Airports, and Guangzhou Baiyun International Airport logged a slim acceleration in YoY growth to 9%, 11%, and 13%, respectively, vs 8%, 10%, and 12% growth in October. Meanwhile, non-domestic passenger traffic grew by approximately 20% in November.Related News CHINA SOUTHERN AIRLINES (01055.HK) Achieves RMB855 Million Net Profit for Full Year, Turns Loss into ProfitCompared to four weeks ago, air capacity from these three locations to Japan dropped 10-20%.Overall, non-domestic air capacity remained largely stable, while capacity to Australia, Southeast Asia, Hong Kong, and Macau ascended.
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