00753 AIR CHINAWatchlist
AIR CHINA News
Express News | CITIC Securities: Guoxin Investments Increases Central Enterprise ETF Dividend Product Layout Accelerates
China and China will be visa-free for 30 days. The popularity of travel product inquiries has greatly increased, and the number of round-trip flights is expected to resume
① The popularity of Zhongxin Travel Singapore product inquiries increased instantaneously by about 200%, and the number of searches on the OTA platform increased dramatically. According to the industry, the new Matai route is expected to heat up. ② Airlines such as China Eastern Airlines, China Southern Airlines, Spring Airlines, and Juneyao Airlines all have routes to and from Singapore. ③ Flights between mainland China and Singapore have resumed to nearly 80% of the same period in 2019, and the recovery rate of some airlines has exceeded 100%.
Express News | Ctrip: Spring Festival outbound travel orders increased nearly 20 times compared to last year
Express News | Haitong Securities: The aviation industry recovery trend is established, and the general cycle is gradually rising
Express News | On December 5, the fuel surcharge for air tickets was reduced by up to 20 yuan per ticket
Express News | The fuel surcharge was further reduced to a maximum of 90 yuan one way
Express News | Ministry of Finance: From January to October, the total profit of state-owned enterprises was 3832.64 billion yuan, an increase of 7.1% over the previous year
A critical step! The world's first intercontinental flight using 100% sustainable aviation fuel takes off
① From London to New York, the world's first aircraft equipped with 100% sustainable aviation fuel (SAF) completed a historic flight; ② Compared with traditional aviation fuels, SAF is expected to reduce carbon emissions by up to 70%; ③ As of today, discussions and disputes surrounding SAF are still ongoing.
Hong Kong stocks closed (11.28) | Hang Seng Index closed down 0.98%, Apple concept stocks bucked the trend and strengthened Ruisheng Technology (02018) closed more than 7%
Hong Kong's Hang Seng Index opened up 0.09%, and the Hang Seng Index declined rapidly after opening slightly higher in early trading. Since then, it has fluctuated and weakened throughout the day. The decline accelerated in the afternoon, but the decline narrowed somewhat at the end of the session.
Air China (601111): The advantages of flag carriers do not diminish, and future performance flexibility can be expected
It is the only domestic flag carrier. Its performance is under pressure in the short term and does not change its ability to generate high quality income. The company has always focused on the main air transport business. It has successively held shares and participated in many local airlines, and continued to expand its business scale. In the first half of 2023, the company achieved revenue of 5
China and the US Discuss Increasing Flights Between One Another
Officials from China and the United States exchanged views on promoting a substantial increase in flights and enhancing cooperation in various fields of civil aviation, according to the statement from the Civil Aviation Administration of China on Wednesday.
Hong Kong stocks closed (11.20) | The Hang Seng Index closed up 1.86%, science and technology, consumer stocks, etc. performed strongly, and domestic housing stocks generally rose
The exchange rates of the onshore and offshore renminbi against the US dollar both strengthened today, and the three major indices of Hong Kong stocks collectively opened higher in early trading, then fluctuated upward throughout the day.
Civil aviation passenger traffic increased 252% year on year in October, and air port stocks rose collectively, Air China rose 3%
① In October, civil aviation passenger traffic increased 252% year on year. Will aviation stocks usher in a cycle reversal? ② How will the increase in direct flights between China and the US during the new season have a positive impact on aviation stocks?
Bank Ratings｜J.P. Morgan: Lowering the target price ratings of the three major mainland aviation stocks to “increase holdings”
Gelonghui November 20 | J.P. Morgan Chase published a report stating that after taking into account the latest travel trends, the analysis model of mainland aviation stocks was updated to maintain an overall positive view. Since the beginning of the year, mainland aviation stocks have fallen by about 20%, reflecting the market's concern about post-epidemic travel demand. However, the bank believes that the market is too worried, and strong returns have contributed to the recovery of profits. Among them, Spring Airlines has recorded a record high in profits, and the profits of the three major mainland airlines have surpassed expectations in the third quarter, reflecting a recovery trend. According to the bank, the pressure on fuel costs is easing and the RMB exchange rate is picking up, and it is believed that mainland aviation stock prices are catching up. In addition, current market conditions reflect that there is room for profit growth in the fourth quarter.
Changes in Hong Kong stocks | Capital Airport (00694) rose more than 3%, leading aviation stocks to take advantage of the month-on-month improvement in holiday passenger occupancy rates and the acceleration of international flight recovery
Aviation stocks had the highest gains in early trading. As of press release, Capital Airport (00694) rose 3.73% to HK$3.06; Air China (00753) rose 3% to HK$5.5; China Southern (01055) rose 1.04% to HK$3.9; and Cathay Pacific (00293) rose 0.39% to HK$7.82.
Huatai Securities: Optimistic about civil aviation entering a profit cycle through month-on-month improvements in holiday passenger occupancy
The Zhitong Finance app learned that Huatai Securities released a research report saying that civil aviation once again entered the off-season after the Mid-Autumn Festival National Day holiday, but the airline passenger occupancy rate in October improved month-on-month through the holidays, and the gap between the same period of vS19 continued to narrow.
Air China (601111) Company Brief Review Report: Air China had a profit of 4,242 billion yuan in the third quarter, turning a loss into a profit in a single quarter, with impressive growth
Event: The company released its three-quarter report for 2023. The first three quarters of 2023 achieved operating income of 105.477 billion yuan, +150.61% year-on-year; net profit of 791 million yuan was realized. Among them, revenue was achieved in the third quarter
Zheshang Securities: It is time to marginally improve the aviation sector layout in a procyclical manner
Zheshang Securities said that at a time when the key factors influencing profits have all shown marginal improvements, the aviation layout is just right.
Huachuang Securities: The domestic passenger turnover of the three major airlines recovered about 110% in October and maintained the lead in the spring and autumn passenger occupancy rate of 90.2%
Huacheng Securities believes that the performance of Q3 airlines has consolidated the judgment that China's aviation industry has entered a real profit cycle. The average international capacity of the Q3 industry recovered to only about 50%. The profit performance of various airlines means that ticket price flexibility has begun to show.
Express News | China Post Securities: Civil aviation operations were stable in October, and private airline performance was still outstanding