国盛证券指出，看好航空板块中长期景气提升。该行认为，供给低增速、需求持续恢复，供需缺口缩小 叠加油价中枢下移及"反内卷"政策推进，静待票价持续修复、航司盈利不断改善。申万宏源表示，站在 当前行业变化的拐点来临之际，航空公司效益有望迎来显著提升，航空公司有望迎来黄金时代。 智通财经APP获悉，三大航再度上扬，截至发稿，东方航空(00670)涨3.95%，报3.68港元；南方航空 (01055)涨2.05%，报4.49港元；中国国航(00753)涨1.02%，报5.96港元。 消息面上，近日，多家航空公司发布9月运营数据。数据显示，三大航司的客运运力投入、旅客周转 量、客座率等客运主要运营数据同比均呈上升态势。9月，南方航空客运运力投入同比上升4.43%；旅 客周转量同比上升5.25%。中国东航9月客运运力投入同比上升3.63%；旅客周转量同比上升8.67%。中 国国航9月旅客周转量同比上升5.6%，平均客座率83.2%，同比上升3.5个百分点。 ...

| 代码 | 名称 | 最新价 涨跌幅 v | | --- | --- | --- | | 00670 | 中国东方航空股 | 3.630 2.54% | | 01055 | 中国南方航空股 | 4.480 1.82% | | 00753 | 中国国航 | 5.940 0.68% | 此外据悉，2025年冬春航季将于10月26日启动，多家航空公司已公布新增航线计划，例如华夏航空新增 5条航线，中国国航新开3条航线。这为行业带来新的增长预期。(格隆汇) 消息上，10月15日晚，多家航空公司发布9月运营数据。数据显示，三大航司的客运运力投入、旅客周 转量、客座率等客运主要运营数据同比均呈上升态势。华泰证券认为票价同比转正有望在4Q延续，同 时油价下跌有望降低航司成本压力，共同改善航司盈利，并催化板块关注度。 港股三大航空股继续上涨行情，其中，中国东方航空涨2.5%，3日连涨超15%，中国南方航空涨近2%， 中国国航涨约1%。 ...

Core Viewpoint - Airline stocks have seen a significant increase, with major airlines reporting positive operational data for September, indicating a recovery in passenger demand and operational efficiency [1][2]. Group 1: Airline Stock Performance - As of October 16, airline stocks rose over 6%, with China Eastern Airlines up 6.14%, China Southern Airlines up 3.70%, and Air China up 2.75% [1][2]. - The market capitalization for China Eastern Airlines is 809.17 billion, China Southern Airlines is 813.63 billion, and Air China is 1,043.42 billion [2]. Group 2: Operational Data - In September, China Southern Airlines reported a 4.43% increase in passenger capacity and a 5.25% increase in passenger turnover year-on-year [2]. - China Eastern Airlines saw a 3.63% increase in passenger capacity and an 8.67% increase in passenger turnover, with a seat occupancy rate of 87.57%, up 4.06 percentage points year-on-year [2]. - Air China reported a 5.6% increase in passenger turnover and an average seat occupancy rate of 83.2%, up 3.5 percentage points year-on-year [2]. Group 3: Market Outlook - Huatai Securities noted a slight slowdown in capacity growth post-summer, but high seat occupancy rates and a recovery in business travel demand have led to a positive shift in ticket prices, which increased by 3.0% year-on-year [3]. - The outlook for the new flight season indicates a continued tightening of flight schedules, with signs of improvement in market conditions, suggesting that positive ticket price trends may continue into Q4 [3]. - A decrease in oil prices is expected to alleviate cost pressures for airlines, potentially enhancing profitability and increasing interest in the sector [3].

Core Viewpoint - China Eastern Airlines Corporation Limited announced the interest payment schedule for its 2016 public bond issuance, indicating a stable financial commitment to bondholders [1] Summary by Category Bond Issuance Details - The bond, referred to as "16东航02", will commence interest payments on October 24, 2025, covering the period from October 24, 2024, to October 23, 2025 [1] - The coupon rate for this bond is set at 3.30%, with a face value of 1,000 yuan per bond, resulting in an interest payment of 33.00 yuan (including tax) [1]

中国东方航空股份(00670)发布公告，公司2016年公开发行公司债券(第一期)品种一，简称"16东航01"， 将于2025年10月24日开始支付自2024年10月24日至2025年10月23日期间的利息。本期债券票面利率(计 息年利率)为3.03%，每手本期债券面值为1000元，派发利息为30.30元(含税)。 ...

智通财经APP讯，中国东方航空股份(00670)发布公告，中国东方航空股份有限公司2016年公开发行公司 债券(第一期)品种二，简称"16东航02"，将于2025年10月24日开始支付自2024年10月24日至2025年10月 23日期间的利息。本期债券票面利率(计息年利率)为3.30%，每手本期债券面值为1000元，派发利息为 33.00元(含税)。 ...

Core Viewpoint - China Eastern Airlines Corporation Limited announced the interest payment schedule for its publicly issued bonds, indicating a stable financial obligation with a fixed interest rate [1] Group 1: Bond Details - The company issued bonds in 2016, specifically the first phase of the bond series known as "16东航01" [1] - The interest payment period for these bonds will commence on October 24, 2025, covering the duration from October 24, 2024, to October 23, 2025 [1] - The coupon rate for this bond is set at 3.03%, with a face value of 1,000 yuan per bond, resulting in an interest payment of 30.30 yuan (including tax) [1]

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性或完整性亦不發表 任何聲明，並明確表示，概不對因本公告全部或任何部分內容而產生或因倚賴該等內容而引致的任何損失承擔任 何責任。 （在中華人民共和國註冊成立的股份有限公司） （股份代號：00670） 海外監管公告 此海外監管公告是根據香港聯合交易所有限公司證券上市規則第13.10B條作出。 茲載列中國東方航空股份有限公司在上海證券交易所網站刊登的以下資料中文全文，僅供參 閱： 承董事會命 中國東方航空股份有限公司 李干斌 聯席公司秘書 中華人民共和國，上海 2025年10月16日 於本公告日期，本公司董事包括王志清（董事長）、成國偉（董事）、孫錚（獨立非執行董事）、陸雄文（獨立非執行董 事）、羅群（獨立非執行董事）、馮詠儀（獨立非執行董事）、鄭洪峰（獨立非執行董事）及揭小清（職工董事）。 债券代码:136790 债券简称:16东航 02 中国东方航空股份有限公司 2016年公开发行公司债券(第一 期)品种二 2025 年付息公告 本公司全体董事或具有同等职责的人员保证本公告内容不 存在任何虚假记载、误导性陈述或者重大遗漏,并对其内 ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性或完整性亦不發表 任何聲明，並明確表示，概不對因本公告全部或任何部分內容而產生或因倚賴該等內容而引致的任何損失承擔任 何責任。 （在中華人民共和國註冊成立的股份有限公司） （股份代號：00670） 海外監管公告 此海外監管公告是根據香港聯合交易所有限公司證券上市規則第13.10B條作出。 茲載列中國東方航空股份有限公司在上海證券交易所網站刊登的以下資料中文全文，僅供參 閱： 中国东方航空股份有限公司 2016 年公开发行公司债券(第一期)品种一（以 下简称"本期债券"),将于 2025年10月24日开始支付自 2024年10月24日至 2025年 10月 23 日期间的利息。为保证本次付息工作的顺利进行,方便投资者 及时领取利息,现将有关事宜公告如下: 一、 本期债券概览 承董事會命 中國東方航空股份有限公司 李干斌 聯席公司秘書 中華人民共和國，上海 2025年10月16日 於本公告日期，本公司董事包括王志清（董事長）、成國偉（董事）、孫錚（獨立非執行董事）、陸雄文（獨立非執行董 事）、羅群（獨立非執行董事）、馮詠儀（獨立非執 ...

Core Insights - The Chinese aviation industry is experiencing steady growth in domestic routes and a rapid recovery in international routes, with significant improvements in operational performance and cargo market growth [1][2] Group 1: Industry Performance - In the third quarter, the domestic aviation market maintained steady growth, while international routes continued to recover quickly [1] - The cargo market showed a robust growth rate, and the daily utilization rate of passenger aircraft increased significantly [1] - The flight punctuality rate improved significantly compared to the previous year, demonstrating the industry's effective operational support capabilities [1] Group 2: Market Trends - The recent National Day holiday combined with the Mid-Autumn Festival has led to a new peak in travel demand, with an average of 2.392 million passengers per day, marking a historical high and a 3.2% year-on-year increase [1] - The overall aviation market is expected to maintain a growth trend in the fourth quarter, with passenger volume projected to increase by approximately 5% year-on-year [1] Group 3: Strategic Recommendations - The industry faces seven major issues and has proposed ten recommendations to promote high-quality development, emphasizing the need for structural optimization and quality-first development [2] - The industry aims to prevent unhealthy competition and enhance core competitiveness through strategies such as hub strategy, internationalization, and collaborative development [2] Group 4: Global Market Analysis - The global aviation market is projected to see explosive growth in ancillary revenue, surpassing $148 billion in 2024, significantly exceeding the previous record of $109.5 billion set in 2019 [2] - The share of ancillary revenue among the top ten global airlines ranges from 34% to 62%, highlighting its increasing importance in the industry's revenue structure [2]