Most airline stocks declined, China Southern Airlines (01055) fell 4.1%. Agencies say there is some excess capacity in the off-season

Jinwu Financial News | Most airline stocks declined. Meilan Airport (00357) fell 6.64%, China Southern Airlines (01055) fell 4.1%, Air China (00753) fell 2.87%, China Eastern Airlines (00670) fell 2.63%, and Cathay Pacific (00293) followed suit. According to Haitong Securities Research, the low air transport season began in March, and industry demand declined somewhat. The bank believes that strong demand for private travel on holidays will drive a clear rebound in demand in the travel chain, but business travel during the off-season was lackluster or hampered overall recovery progress. Dongxing Securities pointed out that in March, the industry changed from peak season to low season, and the capacity of various airlines

金吾財訊Apr 19 03:02 ET

Changes in Hong Kong stocks | Air China (00753) fell more than 4%, leading the decline in airline stocks, domestic market had excess capacity in the off-season, and demand for international routes declined in March

Airlines stocks declined today. As of press release, Air China (00753) fell 3.92% to HK$3.68; China Southern Airlines (01055) fell 3.36% to HK$2.59; Eastern Airlines (00670) fell 2.63% to HK$1.85; and Cathay Pacific (00293) fell 1.59% to HK$8.04.

Zhitong FinanceApr 18 23:40 ET

Aviation stocks rose 6.19% to Haomeilan Airport (00357). Agencies say the profit performance of the civil aviation industry is expected to be significantly better than last year

Jinwu Financial News | Aviation stocks improved overall, with Meilan Airport (00357) up 6.19%, China Southern Airlines (01055) up 3.1%, China Eastern Airlines (00670) up 2.72%, and Air China (00753) up 1.92%. According to the news, according to the Civil Aviation Administration of China, in March, the entire industry completed a total of 54.73 million passenger traffic, an increase of 25.7% over the previous year, and an increase of 7.3% over the same period in 2019. The completed cargo and mail transportation volume was 708,000 tons, up 28.2% year on year and 12.3% over the same period in 2019. Dongxing Securities says the industry is at the bottom

金吾財訊Apr 17 22:00 ET

China Eastern Airlines Co., Ltd. (00670.HK) will hold a board meeting on April 29 to approve the first quarter results

Gelonghui, April 17, 丨 China Eastern Airlines Co., Ltd. (00670.HK) announced that the company will hold a board meeting on April 29, 2024 to review and approve the first quarter results of the company and its subsidiaries for the three months ended March 31, 2024 (unaudited).

Gelonghui FinanceApr 17 07:32 ET

Civil Aviation Administration: The entire industry completed a total of 54.73 million passenger traffic in March, an increase of 25.7% year-on-year

On April 16, according to the Civil Aviation Administration of China, in March, the entire industry completed a total of 54.73 million passenger traffic, an increase of 25.7% over the previous year, and an increase of 7.3% over the same period in 2019.

Zhitong FinanceApr 16 03:33 ET

China Eastern Airlines Posts Almost 56% Jump in Passenger Traffic

China Eastern Airlines (HKG:0670, SHA:600115) said its passenger capacity jumped 35.12% year-on-year in March, while passenger traffic volume shot up 55.88%, according to a Monday filing on the Hong K

MT NewswiresApr 15 22:39 ET