“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

金吾財訊Apr 21 23:00 ET

The Hang Seng Index closed down 0.99%, and most airline stocks closed down, China Southern Airlines (01055) fell 4.1%

Jinwu Financial News | The three major indices of Hong Kong stocks collectively closed down. At the close, the Hang Seng Index fell 0.99%, the State-owned Enterprises Index fell 0.99%, and the Hang Seng Technology Index fell 2.35%. Among blue chips, Ideal Auto (02015) fell 7.4%, Shunyu Optical Technology (02382), Pharmaceutical Biotech (02269), Sands China (01928), Pharmaceutical Kangde (02359), and Haidilao (06862) fell more than 4%; in terms of growth, Dongfang Overseas International (00316) rose 4.40%, Country Garden Service (06098) rose 3.26%, and CNPC (00857) rose 2.

金吾財訊Apr 19 04:26 ET

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

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