00753 AIR CHINA
- 3.990
- -0.050-1.24%
AIR CHINA News
Changes in Hong Kong stocks | Aviation stocks are generally falling, and the domestic flight market is still under pressure from fares, and the cost side is still being suppressed by high oil prices
The Zhitong Finance App learned that aviation stocks were generally lower. As of press release, China Eastern Airlines (00670) fell 2.88% to HK$2.02; China Southern Airlines (01055) fell 2.34% to HK$2.92; and Air China (00753) fell 1.49% to HK$3.98. According to the news, Dongwu Securities (Hong Kong) pointed out that oversupply in the domestic market is expected to ease marginally in 2024, but pressure on ticket prices still exists. The bank believes that with the gradual return of wide-body aircraft to international routes, the domestic market supply and demand pattern will improve compared to 2023, leading to a moderate year-on-year rise in bare ticket prices. But test
Aviation stocks rose collectively, Beijing Capital Airport (00694) rose 7.2%. Agencies expect air passenger traffic to increase by more than 20% year-on-year during the May 1st holiday
Jinwu Financial News | Aviation stocks rose collectively. Beijing Capital Airport shares (00694) rose 7.2%, China Southern Airlines (01055) rose 4.58%, Meilan Airport (00357) rose 3.14%, Air China (00753) rose 2.54%, and China Eastern Airlines (00670) rose 1.97%. According to Cathay Pacific Junan, pre-sales of tickets for the May Day holiday began in mid-April and accelerated with the launch of train tickets. The number of OTA ticket inquiries and reservations increased significantly over the same period last year. Considering the recovery in fleet turnover and the high fare base, air passenger traffic is expected to increase by more than 20% year on year during the May 1st holiday, and ticket prices may fall year on year.
Air China to Acquire 100 C919 Aircraft for $10.8 Billion
Air China (HKG:0753, SHA:601111) will acquire 100 C919 aircraft from The Commercial Aircraft Corporation of China for $10.8 billion, according to a Friday filing on the Hong Kong bourse. Air China wil
Hong Kong stocks closed (04.29) | Hang Seng Index closed up 0.54%, domestic housing stocks exploded across the board, Shimao Group (00813) soared more than 60%
The Zhitong Finance App learned that the three major indices of Hong Kong stocks rose sharply in early trading and then fell. The Hang Seng Index rose more than 2% at one point, rebounded 20% since the January low, and entered a technical bull market. It had a high score of 1,8031 points in the intraday period, hitting the 18,000 mark. At the close, the Hang Seng Index rose 0.54% or 95.76 points to 17746.91 points, with a full-day turnover of HK$163.417 billion; the Hang Seng State-owned Enterprises Index rose 0.21% to 6282.86 points; and the Hang Seng Technology Index fell 0.13% to 3713.32 points. Ping An Securities pointed out that overall, the financial aspects of Hong Kong stocks have improved
Air China Reports Strong Revenue Growth Amid Losses
Air China Signs Deal to Buy 100 C919 Aircraft for $11b
Air China announced on Friday night to purchase 100 C919 aircraft from Commercial Aircraft Corp of China (COMAC), the plane manufacturer.
[Broker Focus] Citigroup: Air China (00753)'s net loss in the first quarter was dragged down by high sales costs, and is optimistic that international economic recovery will accelerate in summer
Jinwu Financial News | According to Citigroup Research, Air China (00753)'s revenue in the first quarter reached a record high for the same period, increasing 60% year-on-year to 40 billion yuan, and an increase of 23% over the same period in 2019. Driven by high sales costs, the first quarter recorded a net loss of 1.7 billion yuan. With a purchase rating, the target price is HK$7.1. The bank expects that Air China will see a return in profits after the results are announced. The second quarter may face challenges due to the low season and high oil prices, but the bank is still optimistic about the summer peak, especially the acceleration of international economic recovery. According to the bank's commodity research team, this year's crude oil will be 86 US dollars per barrel
[Hong Kong Stock Connect] Air China (00753)'s net loss in the first quarter narrowed sharply by 42.78% to RMB 1,674 billion
Jinwu Financial News | Air China (00753) announced that in the first quarter of 2024, it recorded a net loss attributable to shareholders of 1,674 billion yuan (RMB, same below). In the same period last year, it recorded a net loss of 2,926 billion yuan, a year-on-year decrease of 42.78%. The main reason for the sharp reduction in losses was a sharp increase in operating income over the same period last year, while the company strengthened cost control. The basic loss per share was $0.11. During the period, revenue of 40.066 billion yuan was recorded, an increase of 59.83% over the previous year. The main reason was that the company actively increased investment and production to improve revenue management capabilities.
Gelonghui Announcement Selected (Hong Kong Stock) | Air China (00753.HK) plans to purchase 100 C919 aircraft for approximately US$10.80 billion
[Today's Focus] Air China (00753.HK) announced that it plans to purchase 100 C919 aircraft for about US$10.80 billion, Air China (00753.HK) announced that on April 26, 2024, the company and COMAC signed a COMAC aircraft purchase agreement. Based on this, the company agreed to purchase COMAC aircraft from COMAC. The aircraft to be purchased are 100 C919 aircraft (extended-range type). According to the latest catalogue price provided by COMAC, the total basic price of COMAC's aircraft to be purchased by the company is approximately US$10.80 billion. This transaction is in line with the company's development plans and market needs.
中國國航：二零二四年第一季度報告
Air China Limited Schedules Key 2024 AGM
Changes in Hong Kong stocks | Eastern Airlines (00670) rose more than 4%, leading the airline stock Q1 civil aviation passenger volume to a record high in the same period, and the May 1st holiday is expected to catalyze
Airlines stocks rose collectively. As of press release, Eastern Airlines (00670) rose 4.04% to HK$2.06; Capital Airport (00694) rose 3.72% to HK$2.51; Air China (00753) rose 3.49% to HK$4.15; and China Southern Airlines (01055) rose 3.28% to HK$2.83.
China Merchants Securities: The operating data performance of various airlines in the first quarter was impressive, and attention was paid to the May Day holiday catalysis
The May Day holiday is coming soon. Focus on holiday catalysis.
Air China Advances ESG Goals in 2023 Report
Earnings Flash (AIRC.L) AIR CHINA Posts FY23 Loss RMB-0.07
02:01 AM EDT, 04/26/2024 (MT Newswires) -- Earnings Flash (AIRC.L) AIR CHINA Posts FY23 Loss RMB-0.07
中國國航：二零二三年年報
Guoxin Securities (Hong Kong): Aviation supply and demand are expected to be in tight balance, and airline profitability is expected to increase across the board
The overall operation of the civil aviation industry has returned to a normal growth path, and the supply and demand situation of the industry is expected to gradually become tight in 2024, and the profitability of airlines is expected to increase across the board.
[Broker Focus] Guoxin Securities indicates that air transport has returned to a state of normalized growth, supply and demand, or a tight balance
Jinwu Financial News | Guoxin Securities said that according to data from the Civil Aviation Administration of China, in March 2024, civil aviation passenger turnover recorded a 5.9% growth rate compared to the same period in 2019. Based on the following reasons, the bank believes that the profitability of airlines is expected to increase across the board in 2024:1. Continued economic improvement is expected to drive a steady increase in overall air travel demand; 2. Continued recovery of international routes will help the continued release of overseas travel demand; 3. The civil aviation industry's fleet growth rate is expected to remain low, supply and demand will gradually become more balanced, and passenger occupancy rates are expected to continue to rise. The bank indicates that since the end of 2023, Hong Kong stock airline owners
The volume and price of the civil aviation market soared, and aviation stocks rose collectively, Beijing Capital Airport shares (00694) rose 2.98%
Jinwu Financial News | Aviation stocks rose collectively. Beijing Capital Airport shares (00694) rose 2.98%, Air China (00753) rose 2.66%, China Eastern Airlines (00670) rose 2.63%, China Southern Airlines (01055) rose 2.29%, and Meilan Airport (00357) rose 1.82%. According to the news, according to CCTV Finance, the “May Day” holiday is approaching. Air ticket reservations are at their peak, outbound travel has also seen significant growth, and the cultural tourism market continues to heat up. Big data from an online booking platform shows that 15 days before the holiday season, the number of air ticket reservations had already surpassed the same period in 2023. There are many reporters
“May 1st” holiday ticket pre-sales accelerate the collective rise of airline stocks, and Air China (00753) rose 3.22%
Jinwu Financial News | Aviation stocks rose collectively. Air China (00753) rose 3.22%, China Eastern Airlines (00670) rose 2.7%, China Southern Airlines (01055) rose 2.33%, Meilan Airport (00357) rose 2.27%, and Beijing Capital Airport shares (00694) rose 1.73%. According to the news, according to Ctrip data, although the overall average price of domestic air tickets fell slightly year on year, the month-on-month increase was about 40% compared to this year's Qingming holiday. As of April 15, ticket prices for popular routes such as Guangzhou-Beijing, Chengdu-Hangzhou, and Beijing-Chengdu had risen by about 10% year-on-year, and Kunming-Chengdu
Analysis
Price Target
No Data
