证券日报网讯 12月5日，海航控股在互动平台回答投资者提问时表示，公司高度重视资产负债率高的问 题，计划通过多种方式改善资产负债结构，包括：（1）民航市场显著恢复，公司通过加强航线网络布 局，拓展多元化产品销售，提升生产经营效益；（2）继续引进燃油效率更高、技术更为先进、盈利能 力更强的窄体飞机以进一步扩大机队规模，提升企业竞争力；（3）继续推进精细化管理措施，全面梳 理并控制经营开支；（4）部分子航司负债较高的情况，公司一方面努力提升经营业绩；一方面积极谋 求与当地政府或第三方合作，制定降负措施。如果有涉及上市公司重大事项，请以公司公告为准。 （编辑 楚丽君） ...

证券日报网讯 12月5日，海航控股在互动平台回答投资者提问时表示，截至2025年9月30日，公司的普 通股股东总数为559631户。 （文章来源：证券日报） ...

Core Viewpoint - HNA Group (600221) emphasizes that its stock price is influenced by multiple factors including macroeconomic conditions, market trends, industry dynamics, and the company's own operational performance and investor confidence [1] Group 1: Financial Performance - In the first three quarters of the year, the company's net profit attributable to shareholders increased by over 30% year-on-year [1] - The company has achieved significant growth in various operational metrics, indicating steady improvement in business performance [1] Group 2: Strategic Focus - The company is committed to deepening its core business operations and ensuring aviation safety and production operations [1] - There is a continuous effort to enhance service quality, develop a diverse range of aviation products, and strengthen brand competitiveness [1] - The company aims to improve operational performance to provide better returns to investors [1] Group 3: Information Disclosure - The company will strictly adhere to information disclosure obligations in accordance with the Stock Listing Rules for any matters that may significantly impact the company [1]

证券日报网讯12月5日，海航控股（600221）在互动平台回答投资者提问时表示，此次空客A320系列机 型仅为软件系统优化，每架飞机维保时长约为2小时，公司所运营该系列机型已在自有维保体系内完成 系统优化，未对公司生产经营产生影响。 ...

Group 1 - Multiple domestic airlines have extended the free cancellation and change policy for flights to Japan until March 28, 2026, allowing passengers to modify their travel plans without fees [1] - The decision follows significant criticism of Japanese Prime Minister Suga Yoshihide's remarks regarding Taiwan, which has led to a decline in travel demand to Japan [1] - As of December 1, over 40% of planned flights from China to Japan have been canceled, totaling more than 1,900 flights, indicating a sharp drop in traveler numbers since mid-November [2] Group 2 - The number of travelers to Japan decreased significantly, with a reported 23% drop in passenger volume on November 25 compared to November 15 [2] - Airlines are monitoring market demand and evaluating passenger cancellation and change requests as they adjust their flight schedules to Japan [1]

Core Viewpoint - The ticket refund and change policy for flights to and from Japan has been extended by several Chinese airlines, allowing free modifications and cancellations for tickets purchased before December 5, 2025, for travel dates between November 15, 2025, and March 28, 2026 [1][13]. Group 1: Airlines Involved - Major airlines such as Air China, China Southern Airlines, China Eastern Airlines, Hainan Airlines, and Shandong Airlines have announced the extension of their free refund and change policy for Japan routes [1][13]. - The policy applies to tickets purchased or exchanged before December 5, 2025, for flights to Tokyo, Osaka, Nagoya, Fukuoka, Sendai, Hiroshima, Sapporo, and Okinawa [1]. Group 2: Ticket Change and Refund Rules - For Air China, the first change to a flight on the same route incurs no fee, and refunds are also free of charge for eligible tickets [1]. - China Southern Airlines has similar rules, allowing the first change without a fee and refunds without charge for tickets that meet the specified criteria [4][5]. - Hainan Airlines and Shandong Airlines have also implemented comparable policies, allowing free changes and refunds under certain conditions [9][11]. Group 3: Impact on Flight Operations - As of November 30, 2023, the number of one-way flights from China to Japan has decreased from 4,703 to 3,537, a reduction of 1,166 flights or 25% [13]. - The total seating capacity has also dropped from 884,148 to 672,568, representing a 24% decrease [13]. - The future flight arrangements for the next three months remain uncertain, with only some airlines announcing adjustments extending into March 2026 [13].

Core Viewpoint - The article discusses the extension of the free ticket change and refund policy for flights between China and Japan, allowing travelers to adjust their plans without incurring fees due to ongoing reductions in flight availability [1][12]. Group 1: Policy Changes - Multiple Chinese airlines, including Air China, China Southern Airlines, and Hainan Airlines, have announced that tickets purchased before December 5, 2025, for flights to and from Japan can be changed or refunded without fees if the travel dates fall between November 15, 2025, and March 28, 2026 [1][3][8]. - The policy applies to specific ticket types, including those issued under certain flight numbers and those that have not been used [1][3][8]. Group 2: Flight Reductions - Data from AeroRoutes indicates a significant reduction in flights from China to Japan, with the number of one-way flights decreasing from 4,703 in mid-November to 3,537 by the end of November, representing a 25% reduction [12]. - The total number of available seats has also decreased from 884,148 to 672,568, marking a 24% drop in capacity [12]. Group 3: Implementation Details - The airlines have specified that the first change to a new flight on the same route will not incur a fee, although fare differences may apply [4][9]. - Refund requests made within the ticket's validity period will also be processed without a fee, provided the ticket has not been previously changed [5][9].

Core Viewpoint - Major Chinese airlines including Air China, China Eastern Airlines, China Southern Airlines, Hainan Airlines, Spring Airlines, Sichuan Airlines, Xiamen Airlines, and Shandong Airlines announced a free refund and change policy for flights to and from Japan until March 28, 2026, which extends the previous policy that was set to end on December 31, 2025 [1] Summary by Category Airline Policy Changes - The free refund and change policy applies to flights involving Japan, including inbound, outbound, or transit flights [1] - This policy extension reflects the airlines' response to ongoing travel uncertainties [1] Flight Operations Data - According to DAST data, the number of round-trip flights on the China-Japan route during the 48th week (November 24-30) was 1,167, marking the lowest weekly flight volume in the past month [1] - The flight recovery rate for this route reached a new low of 78.1% [1]

Group 1 - Multiple airlines including Air China, China Southern Airlines, China Eastern Airlines, Hainan Airlines, and Shenzhen Airlines announced a free refund and change policy for flights to and from Japan booked before March 28, 2026 [1] - The previous free refund and change policy was set to expire on December 31, 2025 [1] Group 2 - The announcement includes specific routes such as flights to and from Osaka, Nagoya, Fukuoka, Sendai, Hiroshima, Sapporo, and Okinawa operated by Air China and its code-sharing flights [4] - Passengers wishing to change or refund their tickets after November 15, 2025, must do so based on the cancellation time of their ticket reservation [4] Group 3 - For ticket changes and refunds, passengers who have not confirmed new travel dates should contact the original booking channel or Air China's customer service hotline 95583 before the scheduled flight departure time [5]

Core Viewpoint - Multiple Chinese airlines have extended their free ticket change and refund policy for flights to Japan due to recent geopolitical tensions, allowing passengers to adjust their travel plans without incurring fees [1][6]. Group 1: Policy Adjustments - Airlines including Air China, China Eastern, China Southern, Hainan Airlines, Spring Airlines, Shandong Airlines, Xiamen Airlines, and Shenzhen Airlines have announced changes to their ticket handling policies for flights to Japan [1]. - The new policy allows free changes and refunds for tickets purchased or exchanged before December 5, 2025, for travel dates between November 15, 2025, and March 28, 2026 [1]. - For example, Air China's policy specifies that tickets must be purchased before December 5, 2025, and must involve flights to or from specific Japanese cities [1]. Group 2: Impact on Flight Operations - Following the diplomatic tensions, as of November 27, 2023, Chinese airlines had canceled 904 flights on 72 routes to Japan, representing 16% of the planned 5,548 flights, equating to approximately 156,000 seats [6]. - The reduction in Chinese tourists traveling to Japan is expected to significantly impact Japan's GDP, with estimates suggesting a decrease of 0.36% and an economic loss of about 2.2 trillion yen (approximately 101.16 billion yuan) [8].