GBIAC(SH:600004) 21世纪经济报道·2025-09-10 15:37Core Viewpoint - The article discusses the competitive landscape of international airports in China, particularly focusing on Guangzhou Baiyun International Airport and its role in the Greater Bay Area, highlighting the ongoing expansion and development efforts to enhance its status as a major aviation hub [1][2][5]. Group 1: Airport Performance and Rankings - In the first half of the year, Shanghai Pudong International Airport led in passenger traffic with 41.16 million, a year-on-year increase of 11.6%, while Guangzhou Baiyun Airport followed closely with 40.04 million passengers, up 7.03% [6]. - According to ACI's 2025 global airport traffic dataset, Shanghai Pudong, Guangzhou Baiyun, and Beijing Capital Airports rank among the top twenty globally, with Pudong rising to the tenth position, an increase of eleven places from 2023 [6]. Group 2: Infrastructure Development - Baiyun Airport is undergoing significant expansion, with the completion of Terminal 3 expected to increase its annual passenger capacity to 120 million and cargo capacity to 3.8 million tons, positioning it among the world's leading airports [11]. - The new airport in the Pearl River Delta, located in Foshan, is under construction and is projected to be operational by 2028, with an expected passenger throughput of 30 million by 2035 and over 60 million by 2050 [12]. Group 3: Competitive Landscape - Cities with "dual airport" systems, such as Shanghai and Beijing, have a competitive advantage in attracting international traffic, with Shanghai projected to exceed 124 million passengers in 2024, marking a 29% increase [7]. - The article notes that Guangzhou's single airport model may limit its competitive edge compared to cities with dual airports, which can better manage flight operations and enhance service experiences [7][8]. Group 4: Regional Cooperation and Future Outlook - The Greater Bay Area is working towards establishing a "world-class airport cluster," with collaboration among the five major airports in the region to enhance operational efficiency and safety [12]. - The ongoing expansion and development of airports in the region reflect a broader trend of increasing international connectivity and economic vitality, positioning Guangzhou as a key player in the aviation sector [10][11].