Core Viewpoint - The recent increase in flight cancellations from China to Japan has negatively impacted major Chinese airlines, leading to a decline in their stock prices. Group 1: Stock Performance - Eastern Airlines (00670) fell by 5.02%, trading at HKD 4.35 [1] - Southern Airlines (600029) (01055) decreased by 3.88%, trading at HKD 4.96 [1] - Air China (601111) (00753) dropped by 3.44%, trading at HKD 6.18 [1] Group 2: Flight Cancellation Data - From November 24 to December 31, the number of planned flights from China to Japan increased by approximately 56% compared to the same period last month [1] - Following the announcement of special ticketing plans by the three major airlines, there has been a decline in ticket bookings [1] - The future 60-day ticket booking volume for flights from China to Japan has decreased by about 29% compared to the same period on November 15 [1] Group 3: Analyst Insights - Dongxing Securities indicated that airlines with a significant share of international flights to Japan may face some impact due to the high passenger volume on these routes [1] - Huatai Securities noted that while there may be short-term fluctuations in the China-Japan routes, the overall impact is manageable [1] - According to CAPA data, as of October 2025, the China-Japan route accounted for 2.8% of the overall ASK (Available Seat Kilometers) for Chinese airlines, suggesting that airlines could adjust their routes to mitigate the impact [1]

Core Viewpoint - The recent decline in Chinese airline stocks is attributed to a significant increase in flight cancellations to Japan, leading to a decrease in ticket bookings and impacting major airlines like China Eastern Airlines, China Southern Airlines, and Air China [1] Group 1: Stock Performance - China Eastern Airlines (00670) shares fell by 5.02%, trading at HKD 4.35 [1] - China Southern Airlines (01055) shares decreased by 3.88%, trading at HKD 4.96 [1] - Air China (00753) shares dropped by 3.44%, trading at HKD 6.18 [1] Group 2: Flight Cancellations and Bookings - From November 24 to December 31, the number of planned flights from China to Japan increased by approximately 56% compared to the same period last month [1] - The ticket booking volume for flights from China to Japan has decreased by about 29% compared to the same period on November 15 [1] Group 3: Analyst Insights - Dongxing Securities indicated that airlines with a high proportion of international flights to Japan may face certain impacts due to the large passenger flow on this route [1] - Huatai Securities noted that while there may be fluctuations in the China-Japan route in the short term, the overall impact is manageable, with the China-Japan route accounting for 2.8% of the overall ASK (Available Seat Kilometers) for Chinese airlines as of October 2025 [1]

Group 1 - The core viewpoint of the news highlights the continued weakness in Hong Kong airline stocks, with China Eastern Airlines dropping over 5%, losing its market value below HKD 100 billion, while China Southern Airlines and Air China also experienced declines of 3% and 3.6% respectively [1] - As of now, the number of planned domestic flights to Japan from November 24 to December 31 has increased by approximately 56% compared to the same period last month [1] - Following the announcement of special ticketing plans for Japan routes by the three major airlines on November 15, there has been a noticeable decline in ticket bookings to Japan, with a reduction of about 29% in the future 60-day ticket bookings compared to the bookings made on November 15 [1] Group 2 - East Asia Securities believes that airlines with a significant proportion of international routes to Japan may face certain impacts due to the large passenger flow on these routes [1]

Core Viewpoint - China Eastern Airlines' stock price has experienced fluctuations, with a year-to-date increase of 25.75% but a recent decline of 6.16% over the past five trading days [2] Group 1: Stock Performance - As of November 25, China Eastern Airlines' stock price was 5.03 CNY per share, with a market capitalization of 111.1 billion CNY [1] - The stock has seen a trading volume of 87.34 million CNY and a turnover rate of 0.10% [1] - The stock has increased by 3.93% over the last 20 days and 20.62% over the last 60 days [2] Group 2: Financial Performance - For the period from January to September 2025, China Eastern Airlines reported operating revenue of 106.41 billion CNY, a year-on-year increase of 3.73% [2] - The net profit attributable to shareholders reached 2.103 billion CNY, reflecting a significant year-on-year growth of 1623.91% [2] Group 3: Shareholder Information - As of September 30, 2025, the number of shareholders for China Eastern Airlines was 149,900, a decrease of 3.37% from the previous period [2] - The company has cumulatively distributed dividends of 3.296 billion CNY since its A-share listing, with no dividends paid in the last three years [3] - The top ten circulating shareholders include China Securities Finance Corporation, holding 430 million shares, and Hong Kong Central Clearing Limited, holding 295 million shares, with the latter reducing its holdings by 5.45 million shares [3]

Core Viewpoint - The article discusses the significant reduction and cancellation of flights between China and Japan due to recent political tensions, affecting travel plans for the upcoming winter and spring seasons [1][2]. Flight Reductions and Cancellations - Starting December 1, 16 Chinese airlines will reduce weekly flights to Japan by 156, with the most significant cuts from Juneyao Airlines, which will decrease its flights from 114 to 79 per week, a reduction of 31% [1]. - China Southern Airlines, Shenzhen Airlines, and Eastern Airlines will also see reductions of 23, 22, and 18 flights per week, respectively [1]. - The cancellation rate for planned flights to Japan is projected to reach 21.6% by November 27, with 12 routes already canceling all flights [1][2]. Impact on Travelers - The reduction in flights coincides with the peak travel season for skiing and hot springs in Japan, leading to potential disruptions for travelers planning winter trips [2]. - Specific routes with high cancellation rates include Tianjin Binhai to Kansai International (65.0%) and Nanjing Lukou to Kansai International (59.4%) [2]. Aircraft Type Adjustments - Airlines are not only reducing flight frequencies but also changing aircraft types to smaller models, such as switching from the Airbus A330-300 to the A321, which has a lower passenger capacity [3]. - Some airlines, like Shandong Airlines and Xiamen Airlines, have not made any adjustments to their Japan routes [3]. Price Increases - Spring Airlines has raised the minimum ticket prices for several routes, with the lowest fare for Shanghai to Okinawa reaching 42,900 JPY (approximately 2,000 CNY) [4]. Summary of Adjustments by Airlines - A detailed table lists various airlines and their specific route adjustments, including reductions in frequency and cancellations, with some airlines maintaining their original schedules [5][6][7].

Core Viewpoint - The impact of recent comments from the Japanese Prime Minister has led to significant reductions and cancellations of flights between China and Japan, affecting travel plans during the peak winter and spring festival seasons. Group 1: Flight Reductions and Cancellations - Starting from December 1, Chinese airlines will face substantial reductions and cancellations of flights to Japan, with adjustments expected to last until the end of March 2026 [1] - A total of 16 Chinese airlines will reduce weekly flights to Japan by 156, with the largest reduction from Juneyao Airlines, cutting 35 flights per week, which is 31% of its total Japan routes [1] - China Southern, Shenzhen Airlines, and China Eastern will also reduce flights by 23, 22, and 18 per week, respectively [1] Group 2: Cancellation Rates and Specific Routes - The cancellation rate for planned flights to Japan is projected to reach 21.6% by November 27, with 12 routes already canceling all flights [2] - Among the top 20 routes, the highest cancellation rates include Tianjin Binhai to Kansai International at 65.0%, Nanjing Lukou to Kansai International at 59.4%, and Guangzhou Baiyun to Kansai International at 31.3% [2] - Smaller airlines, such as Beijing Capital Airlines, have also announced significant cancellations, including all flights on certain routes from December 9 to March 3 [2] Group 3: Aircraft Type Adjustments - Airlines are not only reducing flight frequencies but also changing aircraft types to smaller models, such as switching from the Airbus A330-300 to the A321, which has a lower passenger capacity [3] - Some airlines, like Shandong Airlines and Xiamen Airlines, have not made any changes to their Japan flight plans [3] - The overall trend indicates a reduction in capacity on China-Japan routes, leading to increased travel costs for consumers during the New Year and Spring Festival [3] Group 4: Price Increases - Spring Airlines has raised the minimum ticket prices on several routes, with one route's lowest fare increasing to 42,900 yen, indicating a trend of rising travel costs [3]

Core Viewpoint - The article highlights the significant cancellation of flights between China and Japan, primarily due to geopolitical tensions and travel advisories issued by Chinese authorities, leading to a drastic reduction in flight operations and future booking cancellations [9][4]. Flight Cancellations - As of November 24, 12 routes between China and Japan have canceled all flights, affecting cities like Nagoya, Fukuoka, Sapporo, and Osaka [2]. - The cancellation rates for specific routes are notably high, with 100% cancellations reported for several routes including Hangzhou to Central Japan and Nanjing to Fukuoka [3]. Future Cancellation Rates - The cancellation rate for planned flights to Japan is expected to reach 21.6% by December 27, marking the highest level in a month [4]. - Routes with the highest cancellation rates include Tianjin to Kansai International (65.0%) and Nanjing to Kansai International (59.4%) [4]. Airline Adjustments - Chinese airlines are making significant adjustments to their Japan routes, with many flights being closed for booking. This includes reductions in frequency and cancellations of previously planned increases in service [9][11][13]. - Specific adjustments include: - Air China reducing flights from Beijing to Sapporo from 7 to 4 weekly [11]. - China Eastern Airlines closing bookings for 6 out of 14 weekly flights from Beijing to Osaka [16]. - Spring Airlines canceling certain flights from Shanghai to Okinawa starting December 20 [25]. Overall Impact - The overall impact of these cancellations and adjustments indicates a substantial decrease in travel between China and Japan, driven by both political factors and operational decisions by airlines [9][4].

旅客收到邮件后，立刻给东航客舱经理沈维偕回复了感谢信。信中他动情地表示，乘务组专业细致的空 中服务、默契高效的团队配合，以及这份超出预期的关于上海旅游的延伸服务，不仅让他们重新燃起了 对旅行的期待，更让他们深切感受到了东航乘务员的敬业精神和中国人的热情友善。（编辑：陈虹莹 校对：许浩存 审核：韩磊） 来华游客收到的东航空乘推荐美食攻略与为此回复的致谢邮件（东航供图） 《中国民航报》、中国民航网 记者钱擘 报道：近日，东航收到一封特殊的感谢信，信中表示："感谢东 航为我们夫妇提供的精彩服务，东航乘务组的悉心服务也使得我们的旅程更加愉悦，为东航有这样优秀 的员工点赞。" 这封热情洋溢的信件还得从10月25日说起，在当天的东航 MU250巴塞罗那飞往上海的航班客舱服务过 程中，乘务员注意到一位澳大利亚籍旅客面带焦虑，主动上前沟通后，得知旅客计划与太太一同前往上 海，开启为期五天的中国旅行，但因前段航班延误，导致他们后续出行计划不得不调整，在上海玩的时 间缩短，内心有些遗憾。得知这一情况后，乘务组决定为这对夫妇送上一份特别的惊喜。在航班落地 后，乘务组第一时间整理了一份详尽的上海美食攻略，涵盖了上海各大地标性美食街区 ...

Group 1 - The core viewpoint of the article emphasizes the importance of winter operational safety in civil aviation, particularly through emergency response drills to ensure flight safety during winter conditions [1][2][3] Group 2 - The Anhui Regulatory Bureau adheres to a "safety first, prevention-oriented" approach, prioritizing emergency drill supervision as a key aspect of winter safety measures [2] - The emergency drill involved comprehensive preparation, including the refinement of emergency plans and operational standards for de-icing, ensuring that the drill closely simulated real operational scenarios [2] - The regulatory bureau aims to enhance inter-departmental collaboration and improve processes for adverse weather responses, emphasizing strict adherence to flight delay communication and passenger service requirements [2] Group 3 - The Anhui Regulatory Bureau will continue to strengthen winter operation supervision, focusing on maintaining a flight regularity rate of no less than 88% and preventing large-scale passenger incidents due to delays [3] - The bureau will conduct on-site supervision of de-icing operations and emergency responses, promptly reporting typical issues and urging corrective actions to ensure passenger travel safety [3]

Group 1 - The Hong Kong aviation stocks continue to decline, with China Southern Airlines (01055.HK) down by 3.07% to HKD 5.06 [2] - China Eastern Airlines (00670.HK) has decreased by 2.8% to HKD 4.51 [2] - Air China (00753.HK) is down by 1.09% to HKD 6.34 [2]