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.
China Eastern Airlines' Q1 Loss Narrows as Revenue Jumps 49%; Shanghai Shares Up 3%
China Eastern Airlines (HKG:0670, SHA:600115) incurred a net loss attributable to shareholders of 803 million yuan in the first quarter of the year, narrowing from the year-ago loss of 3.84 billion yu
China Eastern Airlines 1Q Rev CNY33.19B Vs. CNY22.80B >0670.HK
China Eastern Airlines 1Q Rev CNY33.19B Vs. CNY22.80B >0670.HK
China Eastern Airlines Co., Ltd. (00670) announced first-quarter results. Net loss attributable to shareholders of listed companies was about 803 million yuan, narrowing by 79.09% year-on-year
China Eastern Airlines Co., Ltd. (00670) announced results for the first quarter of 2024, with revenue of 33.189 billion...
中國東方航空股份:2024年第一季度報告
China Eastern Airlines Co., Ltd. (00670.HK) elected Jiang Jiang as employee director of the 10th board of directors
Gelonghui, April 29 | China Eastern Airlines Co., Ltd. (00670.HK) announced that the company recently held the first meeting of the 7th Joint Staff Congress Leaders Meeting in 2024 to review and pass the bill to elect Jiang Jiang as a staff director of the 10th board of directors of the company.
China Eastern to Inaugurate Direct Shanghai-Marseille Flight on July 2
SHANGHAI, April 26, 2024 /PRNewswire/ -- China Eastern Airlines announced it will officially launch a new direct flight between Shanghai and Marseille, France on July 2 this year. The new Shanghai-Ma
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.
中國東方航空股份:2023年報
China Eastern Airlines to Launch Direct Flights Between Shanghai and Marseille
China Eastern Airlines will launch direct flights between Shanghai and Marseille, France, on July 2, becoming the first carrier to operate regular air routes between the two cities, according to the Shanghai-based carrier.
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
China Eastern Airlines Handled Ground Services for Chinese Grand Prix
As the major ground service provider of the Formula 1 Chinese Grand Prix facilities, China Eastern Airlines handled the ground support service for five cargo flights of the grand prix from April 8 to April 18, carrying 167 pallets of cargo weighing 438 tons, according to the Shanghai-based carrier.
“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
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
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.
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
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).
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.
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
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