| 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | | 成交额(元) | | --- | --- | --- | --- | --- | --- | --- | | 603885 | 吉祥航空 | 14.08 | 1.51% | | 20.16万 | 2.85亿 | | 000099 | 中信海直 | 20.18 | 1.51% | | 12.72万 | 2.56亿 | | 601021 | 春秋航空 | 56.36 | 1.46% | | < 3.72万 | 2.08亿 | | 601111 | 中国国航 | 8.72 | 0.46% | | - 56.12万 | 4.91亿 | | 600009 | 上海机场 | 33.78 | 0.39% | | 14.50万 | 4.92亿 | | 600115 | 中国东航 | 5.62 | 0.00% | | 106.67万 | 5.99亿 | | 000089 | 深圳机场 | 7.06 | 0.00% | | 6.33万 | 4480.95万 | | 002928 | 华夏航空 | 10.96 | 0.00% | | 19.52万 | 2.14亿 ...

北京商报讯（记者 关子辰 牛清妍）12月25日，北京商报记者从南航获悉，12月24日，揭阳潮汕国际机场年旅客吞吐量首次突破1000万人次，正式跨入千万 级机场行列。乘坐南航CZ5172航班潮汕—武汉的沈女士成为潮汕机场2025年第1000万名旅客。截至当天，南航在潮汕地区累计执行的进出港航班超27500 班，承运旅客量突破309万人次。 2024年四季度至今，揭阳潮汕国际机场C909运营规模持续位居全国首位。南航集团将南航汕头公司建设为C909飞机第二运营主基地，目前在揭阳潮汕国际 机场投放C909客机达18架次，2025年南航通过构建"两小时飞行圈"枢纽模式，持续提升国产客机运营效率，在粤东地区全年执行C909航班超17300班，同比 增长52%。 据了解，2025年南航持续加大运力投入，新开潮汕至盐城、扬州、青岛等航线，加密潮汕至北京大兴、上海浦东、广州、贵阳、南京、杭州等航班，南航在 潮汕机场的航线网络可覆盖国内33个直达城市。截至12月，南航在潮汕机场的运力投入班次同比增长10.5%，旅客运输量同比增长9%，同比提高2.5个百分 点。截至12月，南航在潮汕机场进出港的中转旅客数量为15.2万人次，同比 ...

Group 1 - Shantou Airlines Co., Ltd. has recently increased its registered capital from 280 million RMB to approximately 1.504 billion RMB, representing an increase of about 437% [1] - The company was established in July 1993 and is wholly owned by China Southern Airlines [1] - The legal representative of Shantou Airlines is Yao Yi, and its business scope includes domestic air passenger and cargo transportation [1]

Core Viewpoint - Shantou Airlines Co., Ltd. has increased its registered capital from 280 million RMB to approximately 1.504 billion RMB, indicating significant growth and potential for expansion in the aviation sector [1] Company Summary - Shantou Airlines was established in July 1993 and is wholly owned by China Southern Airlines [1] - The legal representative of the company is Yao Yi [1] - The company's business scope includes domestic air passenger and cargo transportation [1]

Group 1 - The core viewpoint of the news is that China Southern Airlines has shown a positive stock performance with a year-to-date increase of 19.57% and a recent rise in share price, indicating strong market interest and potential growth [1][2] - As of September 30, 2025, China Southern Airlines reported a revenue of 137.67 billion yuan, reflecting a year-on-year growth of 2.23%, and a net profit attributable to shareholders of 2.31 billion yuan, which is a 17.40% increase compared to the previous year [2] - The company has a significant market capitalization of 140.62 billion yuan and has seen a net inflow of main funds amounting to 5.22 million yuan, indicating positive investor sentiment [1] Group 2 - The company has a diverse revenue structure, with 86.42% coming from passenger transport and related services, 10.52% from cargo and mail transport, and 3.06% from other services [1] - As of September 30, 2025, the number of shareholders decreased by 4.76% to 133,300, indicating a consolidation of ownership [2] - The company has not distributed dividends in the last three years, with a total payout of 6.63 billion yuan since its A-share listing [3]

Summary of Southern Airlines Conference Call Company Overview - **Company**: Southern Airlines - **Date**: December 23, 2015 Key Points Industry Performance - Domestic route passenger load factor has recovered to 90% compared to the same period last year, but ticket booking rates for the New Year holiday are 3-5 percentage points below expectations [2][4] - International routes are performing better than domestic routes, driven by the Russia-Ukraine war, visa-free policies, and an increase in expatriate population [2][7] - The proportion of foreign passengers has increased significantly from 1.9% to 3% due to visa-free policies, but sustainability of this growth is uncertain, with expectations lasting at least until 2026 [2][7][9] Operational Metrics - November data shows narrow-body aircraft utilization at 9.2 hours (compared to 9.6 hours in 2019) and wide-body aircraft at 9.8 hours (compared to 11 hours in 2019) [2][9] - The company plans to maintain an average fleet growth rate of 5% during the 14th Five-Year Plan, but growth was only 2.3% during the 13th Five-Year Plan due to the pandemic and supply chain issues [2][11] Market Dynamics - High passenger load factors with low ticket prices may become the norm, necessitating airlines to enhance pre-sales and sales management while offering differentiated products to balance load factors and prices [5][14] - The competition from high-speed rail on routes under 1,200 kilometers is significant, prompting Southern Airlines to extend its average flight distance to 1,700 kilometers [5][16] Route Adjustments - Capacity on Japanese routes has decreased by 20%, with current load factors around 80%, down 4-5 percentage points year-on-year [6] - Capacity that has been withdrawn from Japan will be gradually allocated to the Southeast Asian market, which has seen a 17% year-on-year increase in capacity [6] Future Outlook - The company is optimistic about the potential for increased travel demand due to the implementation of spring and autumn holidays in certain regions, which could alleviate pressure during traditional off-peak seasons [11] - The company plans to adjust its fleet structure during the 14th Five-Year Plan, focusing on improving the efficiency of wide-body aircraft and gradually increasing their proportion in the fleet [10] Challenges - There is currently no significant recovery in business travel demand, and leisure travelers are highly price-sensitive, leading to poor ticket pricing despite high load factors [12][13] - The difficulty in raising ticket prices is attributed to the high number of airlines, overlapping routes, service homogeneity, and price transparency [13] Strategic Initiatives - The company is collaborating with tourism departments to offer integrated travel products, which may benefit from tourism subsidies that enhance overall demand [18] - The implementation of anti-involution policies may increase travel demand by promoting reasonable employee vacation rights [15] Conclusion - Southern Airlines is navigating a complex landscape with a mix of recovery in international travel, challenges in domestic pricing, and strategic adjustments to fleet and route management to optimize performance in a competitive environment [2][5][12]

《中国民航报》、中国民航网 记者钱擘 通讯员韩筱、梅莹、潘水花 报道：南航上海分公司日前在 CZ6077"上海浦东—胡志明市"航班上开展"木棉暖冬"传统节气主题航班活动，让冬至传统特色与节气 文化在万米高空传递。 此次航班客舱内，布置了浓厚的节气氛围，主题贴纸错落点缀舱内各处，将冬至的传统韵味与南航的木 棉元素巧妙融合；乘务员身着雅致的冬装旗袍，举手投足间尽显中式美学，成为客舱内靓丽的风景线。 （本文图片均由南航上海分公司提供） 此次主题航班活动，也是南航上海分公司以"航空+传统文化"模式打造特色服务的又一次生动实践。 （编辑：许浩存 校对：陈虹莹 审核：程凌） 为丰富旅客的空中出行体验，此次主题航班精心策划了一系列特色互动活动："数九许愿卡"环节，乘务 组邀请旅客写下冬日期许；"冬至知识问答"环节，乘务组围绕节气由来、民俗传统等趣味问答，传递传 统文化知识；航班餐食也选择了水饺，让旅客品味节气美食的独特魅力；此外，航班特别增设"八段 锦"养生操体验环节，帮助旅客们舒缓旅途疲惫。 ...

Group 1 - Airline stocks experienced significant declines, with China Southern Airlines down 2.49% to HKD 5.49, China Eastern Airlines down 2.51% to HKD 5.04, Air China down 2.75% to HKD 6.73, and Cathay Pacific down 1.01% to HKD 12.75 [1] - Approximately 2,195 round-trip flights between China and Japan have been canceled for January, resulting in an overall cancellation rate of 40.4%, with 46 routes completely canceled in the next two weeks [1] - The peak of ticket refunds is expected to continue until the end of December, indicating ongoing challenges for the airline industry [1] Group 2 - According to a report from Cathay Securities, domestic oil ticket prices in December showed a year-on-year decline, while month-on-month trends remained normal, suggesting improvements in revenue management for 2024 [1] - The pre-sale trends for the upcoming Christmas and New Year holidays are positive, with expectations of significant reductions in losses for Q4 2025 and a potential turnaround for the full year [1] - Post-New Year, business travel is anticipated to remain active, with airlines maintaining an optimistic outlook, although the impact of the 2026 Spring Festival holiday is expected to be weaker [1]

Group 1 - The aviation industry is experiencing a surge in international flight openings as companies prepare for the year-end travel peak, with Shenzhen Airlines launching a new route from Shenzhen to Melbourne, marking the 14th international passenger route for Shenzhen Airport this year [1] - Shenzhen Airport has seen a significant increase in passenger traffic, with over 6 million people passing through in the first 11 months of the year, surpassing the total of 5.5 million for the entire previous year, indicating a historical high for the same period [1] - The new international routes are expected to attract more travelers during the upcoming New Year holiday, with the airport's international and regional passenger destinations exceeding 60 [1] Group 2 - Several airlines have recently launched new international routes, including China Southern Airlines with routes to Madrid and Darwin, Hainan Airlines to Ho Chi Minh City, and China Eastern Airlines to Auckland and Buenos Aires, reflecting a strategic move to capitalize on the year-end travel season [2] - Online travel platforms report a 25% year-on-year increase in international flight bookings, with the number of reachable cities globally increasing by 149 compared to the same period last year [2] - There is a notable increase in flight bookings for popular destinations such as Egypt, Spain, and New Zealand, with some routes experiencing a doubling in ticket reservations [2]

Shipping Industry - Crude oil freight rates have decreased from high levels, with mixed changes in long-distance shipping rates. The China Import Crude Oil Composite Index (CTFI) was reported at 2280.86 points on December 18, down 1.9% from December 11. The VLCC market is experiencing a cautious sentiment as shipowners await cargo for early January loading from Saudi Arabia. The overall available shipping capacity is sufficient, and charterers are managing shipping schedules to avoid overheating the market [3][4]. - In the European shipping market, the transport demand remains stable, with a slight decrease in market rates. On December 19, the market rate for shipping from Shanghai to European ports was $1,533 per TEU, down 0.3% from the previous period. Conversely, in the US market, shipping demand remains steady, with spot market booking prices increasing. On December 19, the rates for shipping from Shanghai to the West and East coasts of the US were $1,992 per FEU and $2,846 per FEU, respectively, up 11.9% and 7.3% [3][4]. Aviation Industry - The world's first 6-ton tilt-rotor aircraft, the Lan Ying R6000, has completed its first test flight in Sichuan. Additionally, China Southern Airlines has partnered with Alibaba Cloud to launch the first aviation safety large model, "Tian Dun" version 1.0, focusing on flight training, flight warning, and fault repair, featuring multi-modal risk identification and intelligent fault handling capabilities [3][4]. Logistics and New Transportation Models - The Hainan Free Trade Port has officially launched its full island closure, marking it as a special customs supervision area. As of December 18, all eight open ports and ten "second-line ports" have begun operations. In the first 11 months of 2025, the domestic express delivery business volume reached 1.8074 billion pieces, a year-on-year increase of 14.9%, with business revenue of 135.506 billion yuan, up 7.1% [3][4]. Investment Recommendations - The company suggests focusing on the equipment and manufacturing export chain, recommending stocks such as COSCO Shipping Specialized, China Merchants Energy Shipping, and Huamao Logistics. It also highlights investment opportunities related to the construction of hydropower stations in the lower reaches of the Yarlung Tsangpo River, recommending Sichuan Chengyu, Chongqing Port, and Fulimin Transportation [5][6]. - The company emphasizes investment opportunities in the low-altitude economy, recommending CITIC Offshore Helicopter [6]. - There are also recommendations for investment opportunities in the highway and railway sectors, including Gansu Expressway, Beijing-Shanghai High-Speed Railway, and others [7]. - In the e-commerce and express delivery sector, the company recommends SF Holding, Jitu Express, and Yunda Express, while also suggesting investment in the aviation industry, including China National Aviation, China Southern Airlines, and others [8].