中泰证券认为，人民币汇率升值下航司汇兑压力缓解。此外，元旦假期将至（2026年元旦放假安排为1 月1日（周四）至3日（周六）），假期构成灵活，可通过拼假延长假期，利好航空出行。短期来看，伴 随原油价格破位下行、人民币汇率走强，以及元旦及春运假期催化，航空量价向好预期较强，看好基本 面积极变化带动下的航空投资机会。 消息面上，近日，离岸人民币对美元汇率一度升破"7"整数关口。另据央视财经报道，2026年元旦假期 快到了，越来越多的消费者通过旅行的方式辞旧迎新。数据显示：2026年元旦假期，从北京、天津、上 海等城市飞往三亚、海口、昆明、广州、长白山、哈尔滨等热门目的地的机票预订量环比上涨较快。截 至12月25日，国内航线机票预订量超271万张，同比增长约35%。 智通财经APP获悉，航空股早盘普涨，截至发稿，中国国航(00753)涨4.41%，报7.1港元；东方航空 (00670)涨3.73%，报5.29港元；南方航空(01055)涨1.97%，报5.7港元。 ...

消息面上，近日，离岸人民币对美元汇率一度升破"7"整数关口。另据央视财经报道，2026年元旦假期 快到了，越来越多的消费者通过旅行的方式辞旧迎新。数据显示：2026年元旦假期，从北京、天津、上 海等城市飞往三亚、海口、昆明、广州、长白山（603099）、哈尔滨等热门目的地的机票预订量环比上 涨较快。截至12月25日，国内航线机票预订量超271万张，同比增长约35%。 中泰证券（600918）认为，人民币汇率升值下航司汇兑压力缓解。此外，元旦假期将至（2026年元旦放 假安排为1月1日（周四）至3日（周六）），假期构成灵活，可通过拼假延长假期，利好航空出行。短 期来看，伴随原油价格破位下行、人民币汇率走强，以及元旦及春运假期催化，航空量价向好预期较 强，看好基本面积极变化带动下的航空投资机会。 航空股早盘普涨，截至发稿，中国国航（601111）(00753)涨4.41%，报7.1港元；东方航空(00670)涨 3.73%，报5.29港元；南方航空（600029）(01055)涨1.97%，报5.7港元。 ...

《中国民航报》、中国民航网 记者钱擘 报道：2025年12月26日，中国东方航空与哈尔滨的百年老字号 马迭尔集团联合打造的"东航带您游尔滨"主题活动启动仪式在万米高空举行，标志着为期65天的冰雪文 旅盛宴正式启动，为旅客打造"从登机到落地"的全链路沉浸式东北冬日体验。 启动仪式当天，MU5631"上海—哈尔滨"航班化身"冰雪主题空中客厅"，机组人员在冰雪特色的飞机客 舱内为每位旅客送上专属暖心礼包，包含马迭尔冰棍、玉米杯、红肠等经典东北风味，让旅客在云端提 前解锁"尔滨"味觉密码。航班现场还为旅客同步开展景区门票抽奖活动。 " 东航带您游尔滨 " 主题活动启动 东航员工迎接旅客登上主题活动启动仪式航班 2025年12月26日至2026年2月28日活动期间，东航将在上海虹桥、浦东等八个机场始发、每天10班飞往 哈尔滨的航班上，标配马迭尔集团提供的特色机上配餐，让旅客在万米高空能品味地道东北风味。活动 还为旅客推出多重专属权益，包括当地热门景区门票、马迭尔旗下餐饮折扣券、东航App的专属活动 等。 东航从各地飞往哈尔滨的多个航班，配上了马迭尔特色餐食 | 航线 | 航班号 | 起降时间 | | --- | --- ...

《中国民航报》、中国民航网 记者路泞 通讯员张佩玉 报道：12月24日上午10时许，从西安飞往广州的 东航MU2325航班巡航至广州区域时，万米高空突发紧急状况。正在驾驶飞机的机长屈强突然接到乘务 长呼叫，报告53C旅客突发身体不适，乘务组已第一时间取用机上氧气瓶，初步监测心跳、血压均在正 常范围。屈强告知乘务长，密切监控旅客的状态，有任何变化及时和驾驶舱沟通。 客舱里，53C座位上的张先生胸闷难忍、呼吸困难，脸色苍白，额角渗出冷汗。乘务员为他打开通风 口、疏散周边旅客腾出空间、递上温水，一边为旅客吸氧，一边持续监测生命体征，同时轻声安抚着旅 客。屈强根据乘务长的报告判断旅客暂无生命危险，但需谨慎处置，当即决定保持巡航高度，先增速尽 快飞往目的地，同时关注航路上可用的机场，以便旅客情况恶化后能第一时间决策备降。副驾驶李玉立 同步评估油量与航线，确认增速飞行完全满足落地余油标准，同时告知管制员，避免非预期的延误。 此刻，手握操纵杆的屈强内心保持着镇定，他既想尽快送旅客落地就医，又需兼顾航班整体安全，反复 确认增速区间在安全阈值内。"旅客生命安全固然重要，但是飞行程序及动作丝毫不能马虎。"副驾驶李 玉立也不敢松懈 ...

Core Points - The opening of Jiaxing Nanhu Airport is scheduled for December 26, 2025, with Eastern Airlines fully supporting the operation [1] - Eastern Airlines operated the first passenger flight to Jiaxing Nanhu Airport, marking the launch of the new airport [1][3] - The first outbound flight from Jiaxing, MU6232, took off at 11:09 AM to Beijing Daxing, achieving a passenger load factor of over 95% [5] Summary by Category - **Airport Opening** - Jiaxing Nanhu Airport will commence operations on December 26, 2025, with Eastern Airlines as the primary carrier for the inaugural flights [1] - **Flight Operations** - The first inbound flight, MU6231, from Beijing Daxing to Jiaxing was executed by an A320neo aircraft, and it was welcomed with a water salute [1][3] - Eastern Airlines plans to launch three additional routes from Jiaxing to Beijing Daxing, Xi'an, and Kunming during the 2025/2026 winter-spring season, aiming for an average of 21 outbound flights per week before the 2026 Spring Festival [5] - **Future Expansion** - In 2026, Eastern Airlines intends to introduce more routes from Jiaxing to cities such as Shenyang, Guiyang, and Tianjin [5]

Core Points - The opening of Jiaxing Nanhu Airport marks a significant milestone for Eastern Airlines, as it becomes the first airline to operate flights from the new airport [1][4] - The inaugural flight MU6231 from Beijing Daxing International Airport to Jiaxing Nanhu Airport had a passenger load factor exceeding 90%, indicating strong demand for the new route [4] - Eastern Airlines plans to expand its operations from Jiaxing Nanhu Airport, with three additional routes to Beijing Daxing, Xi'an, and Kunming expected to launch by the winter season of 2025, aiming for an average of 21 outbound flights per week by the 2026 Spring Festival [4] Summary by Category Company Operations - Eastern Airlines executed both the first inbound and outbound flights at Jiaxing Nanhu Airport, showcasing its commitment to the new location [4] - The first outbound flight MU6232 to Beijing Daxing had a passenger load factor exceeding 95%, reflecting high interest in the new service [4] Industry Impact - The launch of Jiaxing Nanhu Airport and the associated routes is expected to enhance connectivity in the region, potentially boosting local tourism and business travel [1][4] - The introduction of five initial passenger routes signifies a strategic expansion for Eastern Airlines in the competitive aviation market [4]

都说民航是"看天吃饭"的行业，航司能不能赚钱，就和天气一样难预测。 行业的整体盈利有多薄？国际航协 （IATA）有个令人咋舌的比喻：苹果公司卖一个iPhone手机壳，都 比航空公司运一名客人赚得多——后者平均利润只有7.9美元。 薄利是全球航空业的共同现实，而对于刚走出多年亏损阴影的中国航司巨头来说，挑战显得尤其严峻。 2020年至2024年，国航、东航和南航累计亏损高达2064亿元。直到今年三季度末，三大航才终于"咸鱼 翻身"，前三季度合计盈利62.8亿元。 但全年下来能否盈利？仍然存在变数。 环球旅讯特约评论员高思伟指出，今年前三季度的整体盈利，很大程度上依赖第三季度的强劲表现，其 实是"用Q3旺势，填平Q1和Q2的亏损"。 2025年暑运期间，全国民航平均客座率达到约84.8%的高位，反映出旺季国内出行需求强劲。 在这一背 景下，国内航线的市场定价能力有所修复，高峰时段主要干线的票价也呈现一定支撑。 也正因为如此，三季度的盈利更像一次"结构性修复"，而非单点运气。 其中，国内市场的作用并不在于创造高利润率，而在于通过高客座率和规模化运行，在旺季阶段形成了 可留存的现金流与利润基础。 真正的考验，集中在第 ...

Core Viewpoint - The opening of Jiaxing Nanhu Airport marks the establishment of a new airport in the Yangtze River Delta, focusing on both passenger and cargo transport, with a primary emphasis on cargo operations [5][6]. Group 1: Airport Operations - Eastern Airlines, Southern Airlines, and Changlong Airlines have commenced operations at Jiaxing Nanhu Airport, with initial flights to cities including Guangzhou, Shenzhen, Chengdu, and Changchun [1][5]. - The airport features a terminal area of 25,900 square meters and has a flight area classification of 4E, with 56 parking positions, of which 33 are dedicated to cargo [5]. Group 2: Cargo Focus - Jiaxing Nanhu Airport is positioned as a professional air cargo hub, with a planned annual passenger throughput of 1.8 million and a cargo throughput of 1.1 million tons [5]. - YTO Express is expected to play a significant role in the airport's cargo operations, having established a global logistics hub at the airport and collaborating with the Jiaxing government to develop surrounding logistics infrastructure [5][6]. Group 3: Regional Connectivity - The airport's strategic location allows for a one-hour connection to major cities in the Yangtze River Delta, enhancing regional logistics and transportation efficiency [6][8]. - The airport is designed to support a multi-modal transport system, facilitating access to international markets within 10 hours [6]. Group 4: Comparison with Suzhou - Suzhou, despite its economic prominence, lacks its own airport, with ongoing discussions and planning since 2018 failing to yield results, while other airports in the region are advancing [10][11]. - The development of Jiaxing Nanhu Airport may alleviate some of the transportation pressures in the region, as it provides an alternative for Suzhou residents [8][10].

虹桥机场在隔离区内设置了专属服务点位，如旅客在隔离区内发出签转申请，机场相关保障单位将提供 跨航司行李签转服务，实现行李同步签转的无缝衔接。沪渝快线跨航司自愿签转服务推出后，虹桥机场 成为国内唯一同时在京沪、沪深、沪渝三大枢纽航线上实现跨航司签转的机场，"虹桥快线"服务范围进 一步拓展，为跨航司协同合作搭建了更加广阔的平台，机场、航司共同携手提升旅客航空出行服务体 验。 据悉，虹桥机场沪渝快线当前日均计划往返航班量达到32班，2025年预计运输旅客超183万人次。（编 辑：许浩存 校对：陈虹莹 审核：程凌） 《中国民航报》、中国民航网 记者钱擘 通讯员尚机轩 报道：12月22日，虹桥机场的沪渝快线跨航司自 愿签转服务上线，并在国内机场首次实现隔离区内、有托运行李的跨航司签转，更好满足长三角与成渝 地区间商务及高频出行旅客的航空出行需求。 这一服务是在民航局运输司、民航华东地区管理局、民航西南地区管理局指导下，上海虹桥机场、重庆 江北机场联合东航、国航、吉祥航、厦航共同推出的。 乘坐东航、国航、厦航或吉祥航承运的"上海虹桥—重庆江北"航班，且购买经济舱6折（含）以上舱位 （含超级经济舱、公务舱，限同物理舱位等级 ...

Group 1 - China Eastern Airlines (CEA) was awarded the "2025 Annual Excellent Public Relations Case" for its initiative "Walking into the Border Areas" which builds cross-cultural communication bridges through micro-narratives [1] - CEA has been optimizing its flight network, leveraging Kunming as a unique aviation hub in Southwest China, and increasing flight frequency to destinations like Lincang, Cangyuan, and Shangri-La to support local industry transformation and tourism development [3] - The airline has hosted the "Walking into the Border Areas - The Colorful Yunnan from an Outside Perspective" event for two consecutive years, showcasing the happiness of people in the border regions and making themes like "border revitalization" and "ethnic unity" more relatable and impactful in international discourse [3] Group 2 - CEA is enhancing its aviation connectivity in border regions by establishing branches in Northeast and Xinjiang, aligning with its strategic direction of flying to distant, international, and emerging markets [4] - The airline aims to construct an "aerial bridge" that supports China's modernization efforts, using its flight services to present a strong, united, and vibrant image of contemporary China’s border areas [4] - Through the "Aviation+" narrative system, CEA connects flights with broader storytelling to illustrate a credible, lovable, and respectable image of China to the world [4]