Market Share of China Inflight Catering Industry
The market is consolidated in nature with the presence of few players holding significant shares. Some of the key players are Air China, China Eastern Air Holding Company, Guangzhou Nanland Air Catering Co. Ltd, HNA Group, LSG Sky Chefs, and Cathay Pacific Catering Services (H.K) Ltd hold a significant market share in the Chinese inflight catering market. Companies in the market are trying their best to extend their presence in the market by gaining new contracts or by extending their existing contracts.
For instance, LSG Sky Chefs extended its catering agreement with Cathay Dragon at the airline's Hong Kong hub for a further seven years, extending the service through 2025. Such contract extensions are possible when the airlines are satisfied with the offerings of the caterers. Thus, caterers need to make sure they provide good quality food to the passengers as per the schedules, to gain the trust of the airlines.
China Inflight Catering Market Leaders
Air China
Flying Food Group
Cathay Pacific Catering Services (H.K) Ltd.
HNA Group
LSG Sky Chefs
*Disclaimer: Major Players sorted in no particular order
