Group 1 - The core viewpoint is that Hong Kong airline stocks are experiencing a decline, with China Southern Airlines dropping over 3%, China Eastern Airlines down 2.3%, and Air China falling 1.8%, marking four consecutive days of losses [1] - The winter travel market is expected to see a peak travel window for nearly a month after the New Year holiday, with online travel platforms indicating that current domestic flight and hotel prices are approximately 40% cheaper compared to the upcoming Spring Festival travel period [1] - Geopolitical tensions are causing oil prices to rise, which is a significant headwind for airline stocks and may lead to short-term volatility; however, the long-term stock price trends will be determined by fundamental factors such as industry supply and demand dynamics, oil price and exchange rate trends, and the companies' operational capabilities [1] Group 2 - The latest stock prices and changes for major Chinese airlines are as follows: China Eastern Airlines at 5.110 with a decrease of 2.85%, China Southern Airlines at 5.530 down 2.30%, and Air China at 6.820 down 1.87% [2]

Core Viewpoint - China Southern Airlines has officially launched the operation of the domestically produced C919 aircraft on the Guangzhou-Nanjing route, marking a significant milestone in the airline's fleet expansion and service enhancement [1][3]. Group 1: Flight Operations - Starting from January 12, the C919 aircraft will be regularly included in the "Southern Airlines Express" service between Guangzhou and Nanjing, operating two round trips daily [3]. - The addition of the C919 has increased the frequency of the Guangzhou-Nanjing route to a total of 8 flights per day, covering the time slots from 8:15 AM to 11:15 PM [3]. Group 2: Aircraft Specifications - The C919 aircraft used on this route features a three-class layout with a total of 164 seats, including 8 business class seats, 18 premium economy seats, and 138 economy seats [3]. - The aircraft is equipped with personal charging ports throughout the cabin, enhancing passenger comfort and convenience during flights [3].

Core Viewpoint - China Southern Airlines has successfully launched the C919 domestic aircraft on the Guangzhou to Nanjing route, marking the beginning of commercial operations for this aircraft model [1][12]. Group 1: Launch and Operations - The C919 aircraft, registered as B-685W, completed its inaugural flight and landed smoothly at Nanjing Lukou International Airport, symbolizing the start of the commercial operation era for the C919 in Nanjing [3][12]. - From January 12, the C919 will be regularly integrated into the "Southern Airlines Express" service between Guangzhou and Nanjing, operating two round trips daily [5][14]. Group 2: Flight Schedule and Capacity - The C919 will operate two daily flights on the Nanjing-Guangzhou route, with specific schedules as follows: - CZ3843 Guangzhou-Nanjing: 08:15-10:30 - CZ3844 Nanjing-Guangzhou: 11:40-14:10 - CZ3855 Guangzhou-Nanjing: 15:45-18:05 - CZ3856 Nanjing-Guangzhou: 19:15-21:45 [8][16]. - The aircraft features a three-class layout with a total of 164 seats, including 8 business class seats, 18 premium economy seats, and 138 economy seats, equipped with customized cabin seats and personal charging ports for passenger convenience [17]. Group 3: Support and Future Expansion - To ensure the smooth operation of the C919, China Southern Airlines has established collaborative support services with Nanjing Lukou International Airport, which will continue to optimize support processes [10][19]. - The airline plans to gradually expand the operational network for the C919 model, enhancing travel options for passengers [19].

Core Viewpoint - The domestic large aircraft C919 has successfully launched its first route between Guangzhou and Nanjing, marking a significant expansion of its operational network [1] Group 1: Company Developments - The C919 aircraft operated by China Southern Airlines (南航) has commenced regular flights on the Guangzhou to Nanjing route, with two round trips scheduled daily starting from January 12 [1] - The inaugural flight featured the first C919 aircraft painted with the "Great Bay Area" design, symbolizing a milestone for domestic aviation [1] Group 2: Industry Impact - The successful launch of the Guangzhou-Nanjing route indicates a further densification of the C919's flight network, enhancing connectivity within China's aviation sector [1] - The event was celebrated with a traditional water salute at Nanjing Lukou International Airport, representing a significant achievement in the domestic aviation industry [1]

Core Viewpoint - The successful inaugural flight of the domestically produced C919 aircraft marks a significant milestone for China's aviation industry, enhancing the route network and demonstrating the capabilities of local manufacturing [2] Group 1: Company Developments - On January 12, China Southern Airlines operated the first flight of the C919 aircraft on the Guangzhou-Nanjing route, utilizing the "Great Bay Area" themed aircraft [2] - The C919 aircraft will operate two round trips daily on the Guangzhou-Nanjing route starting from January 12 [2] Group 2: Industry Impact - The inaugural flight signifies the further densification of the route network for the C919, indicating progress in the domestic aviation sector [2] - The event was celebrated with a traditional water salute at Nanjing Lukou International Airport, symbolizing a significant achievement in civil aviation [2]

中国民航网 通讯员黄浩、金磊、李萱 报道：南航新疆分公司空保管理部于近日启动年终早出港专项业 务检查，以应对岁末年初复杂天气引发的航班返航、备降及时刻调整增多等挑战。针对航空安全员长时 间执勤易疲劳、标准程序存在软化风险的情况，空保管理部提前部署，要求各大队强化思想工作、严格 执勤流程，杜绝松懈思想。此次检查旨在检验前期部署成效，全面筑牢安全防线，为2026年开年运行奠 定坚实安全基础。 一、聚焦新版箱包规范使用，确保执勤装备有序过渡 针对1月1日正式启用的新版执勤箱包，业务重点核查执勤队员对箱包携带标准的知晓情况以及实际操作 规范性。此前，空保管理部已于12月15日起积极对接股份安质部，明确了过夜航班箱包携带标准，并通 过发布使用视频、工作提示等方式进行宣贯。此次检查确保了执勤队员对新规的准确理解与执行，保障 了新旧装备使用的平稳过渡，杜绝因装备使用不当可能引发的执勤隐患。 检查组依据最新《航空安全员工作手册》05版差异点，对执勤队员从航前准备到航后签到的全流程进行 了细致观察与问询。重点检查了新版手册在实际执勤中的执行情况。业务室前期已制作关键环节讲解视 频，并将相关内容纳入1月日常训练计划。此次检查不仅 ...

该行预期中国航空业政策顺风持续。假设政策具持续性，该行预期2026年国内航线票价将同比升1%至 3%，国内旅客量同比增长3%至4%，国际旅客量亦将维持双位数增长。 假设政策具持续性，该行预期2026年国内航线票价将同比升1%至3%，国内旅客量同比增长3%至4%， 国际旅客量亦将维持双位数增长。 该行对中国航空业持建设性看法; 予春秋航空(601021.SH)"买入"评级，目标价61.3元人民币;南方航空 (600029.SH)A股及中国南方航空股份(01055) H股则获"中性"评级，目标价分别为6.5元人民币及4.1港 元。 瑞银发布研报称，过去一年对中国航空业经历转型，主要受惠于根据地、航权及航班时刻等政策调整， 例如在、运力过剩及高铁竞争下，行业的国内运力投放有序，令票价逐步同比上调。另外，受补贴政策 改革影响，航空公司凭借其宽体机队优势，大幅扩展国际航点及航班频次。基于定价及运力优势，中国 航空公司正逐步建立相对于全球同行的竞争优势。 ...

瑞银发布研报称，过去一年对中国航空业经历转型，主要受惠于根据地、航权及航班时刻等政策调整， 例如在消费降级、运力过剩及高铁竞争下，行业的国内运力投放有序，令票价逐步同比上调。另外，受 补贴政策改革影响，航空公司凭借其宽体机队优势，大幅扩展国际航点及航班频次。基于定价及运力优 势，中国航空公司正逐步建立相对于全球同行的竞争优势。 该行预期中国航空业政策顺风持续。假设政策具持续性，该行预期2026年国内航线票价将同比升1%至 3%，国内旅客量同比增长3%至4%，国际旅客量亦将维持双位数增长。 该行对中国航空业持建设性看法; 予春秋航空（601021）(601021.SH)"买入"评级，目标价61.3元人民币; 南方航空（600029）(600029.SH)A股及中国南方航空股份(01055) H股则获"中性"评级，目标价分别为 6.5元人民币及4.1港元。 ...

1月12日，中国南方航空（以下简称"南航"）使用C919"大美湾区号"彩绘机，执飞广州至南京首航航班。飞机平稳降落在南京禄口国际机场后，缓缓穿过象 征民航最高礼仪的"水门"，标志着C919国产大飞机正式在广州至南京航线上开始运营。 执行该航线的C919国产大飞机采用164座三舱布局，包含8个公务舱座位、18个明珠经济舱座位和138个经济舱座位。飞机全舱配置个人充电接口，可为旅客 提供便捷舒适的乘机体验。 南航飞行总队选派精英机组执行本次任务，通过飞机广播词诚挚感谢南京禄口机场的热情守望，并表示"愿以南航C919首航南京为契机，服务广大旅客美好 出行，进一步助力高质量发展，推动交通强国建设"。此外，首航航班客舱内以"木棉暖冬 喜上眉梢"为主题布置了喜鹊、锦鲤、木棉花等装饰，营造南航 C919首飞南京的喜庆氛围，为旅客带来独特的乘机体验。 激倩全运会, 活力大湾区 CHINA SOUTHERN 空 航 -- e D t 下载 网址 家 | 7 | 7 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | ...

该行预期中国航空业政策顺风持续。假设政策具持续性，该行预期2026年国内航线票价将同比升1%至 3%，国内旅客量同比增长3%至4%，国际旅客量亦将维持双位数增长。 该行对中国航空业持建设性看法; 予春秋航空(601021.SH)"买入"评级，目标价61.3元人民币;南方航空 (600029.SH)A股及中国南方航空股份(01055) H股则获"中性"评级，目标价分别为6.5元人民币及4.1港 元。 智通财经APP获悉，瑞银发布研报称，过去一年对中国航空业经历转型，主要受惠于根据地、航权及航 班时刻等政策调整，例如在消费降级、运力过剩及高铁竞争下，行业的国内运力投放有序，令票价逐步 同比上调。另外，受补贴政策改革影响，航空公司凭借其宽体机队优势，大幅扩展国际航点及航班频 次。基于定价及运力优势，中国航空公司正逐步建立相对于全球同行的竞争优势。 ...