此前，日本新任首相高市早苗涉台问题的错误言论在中日两国及国际社会引发广泛关注和强烈批评，多 名日本国会议员要求高市早苗撤回相关言论。11月14日晚，外交部和中国驻日本使领馆郑重提醒中国公 民近期避免前往日本。 多家航司已于11月15日发布日本航线客票处理通知，2025年12月31日前日本进、出港（含经停）的航班 免费退改签。此外，已有多家国内航司取消或计划取消赴日航班。有航司人士此前向智通财经指出，赴 日航线的调整要看市场需求，航司目前仍在跟踪和评估旅客的退改签情况。 12月1日，据央视新闻报道，从网络平台了解到，12月中国境内到日本的计划航班中超40%的航班取 消，取消航班数量超1900个。11月15日后，赴日旅客量大幅下降。以11月25日为例，当天旅客量比11月 15日减少约23%。 智通财经记者 邵冰燕 多家国内航司延长涉及日本航线免费退改签政策。 12月5日，据智通财经不完全梳理，截至当日发稿，包括国航、东航、南航、海南航空、春秋航空、山 东航空、厦门航空等多家航司发布调整涉及日本航线客票特殊处置方案的通知。2026年3月28日（含） 前出行的涉及日本进港、出港或经停航班可免费退改。 ...

（文章来源：每日经济新闻） 每经AI快讯，有投资者在投资者互动平台提问：请问近期空客A320紧急停飞，海航旗下有维修中心可 以提供此次维保升级吗？ 海航控股（600221.SH）12月5日在投资者互动平台表示，尊敬的投资者，您好。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。感谢您对公司的关注。 ...

Investment Rating - The industry rating is maintained as "Recommended" [3] Core Insights - The overall demand growth in the aviation industry has rebounded, with significant increases in passenger load factors and strong recovery in international routes during the National Day and Mid-Autumn Festival holidays [1] - The aviation sector is experiencing continuous improvement in volume and pricing data, driven by low base effects and increasing demand [7] - The report highlights the importance of addressing "involution" in the industry to enhance competition and market efficiency [7] Industry Overview - As of October 2025, the total passenger turnover in civil aviation reached 123 billion passenger-kilometers, representing a year-on-year increase of 23.4% compared to 2019 and 8.9% compared to 2024 [7][24] - Domestic routes accounted for 924 billion passenger-kilometers, with a year-on-year increase of 27.2% compared to 2019 and 5.7% compared to 2024 [7][24] - International and regional routes saw a turnover of 306 billion passenger-kilometers, with increases of 13.1% compared to 2019 and 19.7% compared to 2024 [7][24] - The available seat kilometers (ASK) in civil aviation reached 1,407 billion, up 17.3% from 2019 and 6.2% from 2024 [7][24] Airline Performance - In October 2025, major airlines showed varied performance, with China Southern Airlines, Air China, and Eastern Airlines reporting year-on-year increases in RPK (Revenue Passenger Kilometers) of 8.8%, 8.7%, and 10.6% respectively [49][51][52] - The overall passenger load factor for the industry was 87.4%, an increase of 4.3 percentage points compared to 2019 [24][53] - The report recommends focusing on specific airlines such as China National Aviation, China Southern Airlines, and Spring Airlines for potential investment opportunities [7] Cargo Transport Data - In October 2025, the number of international and regional cargo flights reached 14,220, reflecting a year-on-year increase of 10.4% [92] - The theoretical cargo capacity for these flights was 10.2 billion tons, with a month-on-month increase of 4.1% [92] Price Trends - Domestic ticket prices increased by 3.7% year-on-year, while the base ticket price rose by 5.5% [24] - The average outbound air freight price index from Shanghai was reported at 4,705 points, with a month-on-month increase of 3.8% but a year-on-year decrease of 5.5% [92]

近年来，随着国际赛事交流愈发频繁，马匹跨国运输对安全性、舒适性与专业性提出了更高要求。为满 足市场需求，南航物流深耕马匹运输赛道，成功研发出可折叠式马匹空运集装箱。该箱体不仅完全符合 国际航空运输协会（IATA）的活体动物运输标准，还针对马匹的生理与行为特点进行了多项优化设 计。 《中国民航报》、中国民航网 记者胡夕姮 通讯员李亚运、林慧、曾骥、周燕军报道：12月3日，两匹完 成国际赛事的赛马搭乘南航CZ433航班，从上海浦东国际机场起飞，平安抵达美国芝加哥奥黑尔国际机 场。此次运输任务中，南方航空物流股份有限公司（以下简称"南航物流"）首次启用了自主研发的专用 马匹空运集装箱，标志着该公司在高附加值活体动物航空运输装备与技术领域取得重要突破。 为确保运输全程安全顺畅，南航物流华东区域营销中心构建了地空协同的全链条保障机制。运输筹备阶 段，公司联动专属车队、兽医团队、护理团队、海关等多方力量，制定了涵盖提前检疫、物资前置、专 业消杀与精准核验在内的精细化作业流程。航班飞行过程中，两名资深押运员全程陪护，实时监测马匹 状态，并适时进行喂食喂水，维持马匹健康稳定的状态。 箱体搭载基于动物行为学原理设计的通风系统， ...

为了迎合发展，海航控股近期也进行了诸多资本操作，包括将旗下的货运航司金鹏航空注入海航货运， 并收购天羽飞训用于飞行员培训。 而方大系作为海航控股背后的大股东，在航空货运领域似乎有一个更大布局。除此之外，其最近还在医 药、锂电领域频频出手，而海航控股在近几年的管理之下，已逐渐从重组中逐渐恢复了元气。 炒股就看金麒麟分析师研报，权威，专业，及时，全面，助您挖掘潜力主题机会！ 来源：环球老虎财经app 近日，海航控股公告了两个关键决策，放弃西部航空15.5亿元增资认缴权，同时以7.5亿元投资海航货 运。这"一进一退"充满了海航控股的战略取舍。而在海航控股背后，方大系的操盘逻辑同样关键，作为 国内知名的资本运作机构，其在布局上显然有更大的规划。 12月1日，海航控股公告放弃西部航空15.5亿元的增资认缴资格，并宣布向海航货运增资7.5亿元。 当然这"一来一回"中也有海航控股的取舍，相较于经营困难的西部航空，顺应海南自贸港的发展发展货 运业务显然更有性价比。 海航控股的 战略取舍 12月1日晚，海航控股公告两个重大决策，首先是放弃西部航空的15.5亿元增资认缴权，其次是以7.5亿 元自有资金加码同一实控下的海航货运，强 ...

Group 1 - Hainan Airlines plans to launch a direct flight route from Haikou to Hanoi starting December 21, 2025, enhancing economic and cultural exchanges between China and Vietnam [1] - The new route will operate three round trips weekly on Tuesdays, Thursdays, and Sundays, with flight durations of approximately 1 hour and 45 minutes for outbound flights and 1 hour and 30 minutes for return flights [1] - Hainan Airlines offers various travel products, including seat selection, prepaid baggage, in-flight upgrades, and business packages to cater to diverse passenger needs [1] Group 2 - Hanoi, as the capital of Vietnam, is a significant international tourism hub, and the new route will provide more convenient travel options for passengers between the two countries [2] - Hainan Free Trade Port is set to officially start operations on December 18, 2025, with Hainan Airlines leveraging its extensive domestic and international route network to establish itself as a regional aviation hub [2] - Hainan Airlines has already opened over 70 international and regional routes from major cities, including Beijing, Shanghai, and Shenzhen, and aims to accelerate the resumption and launch of more international flights [3] Group 3 - Hainan Airlines, recognized as the only SKYTRAX five-star airline in mainland China, emphasizes safety and quality service, contributing to the high-quality development of China's civil aviation and the construction of Hainan Free Trade Port [6]

Core Viewpoint - The excessive "seat locking" behavior by airlines is identified as a practice that limits consumer choice and increases passenger costs, which has been highlighted in a recent consumer survey report by the Jiangsu Provincial Consumer Protection Committee [1][3][12]. Group 1: Seat Locking Practices - A survey of 10 major domestic airlines revealed that the proportion of locked seats in economy class ranges from 19.9% to 62.1%, with an average of 38.7% [1][8]. - Airlines typically restrict access to preferred seats (such as those in the front row, window, and aisle) while only offering less desirable seats for free selection, effectively forcing consumers to pay for better options [1][8][12]. - The practice of locking seats is often justified by airlines as necessary for safety and special service needs, but the extent of seat locking suggests it has become a revenue-generating service [3][10]. Group 2: Consumer Rights and Complaints - Many consumers express frustration over the inability to select preferred seats without incurring additional costs, which they believe undermines their rights as ticket holders [4][5]. - The lack of transparency regarding the criteria for seat locking and the absence of clear communication about free selection options violate consumer rights, including the right to know and the right to fair trading [10][12]. - The Jiangsu Provincial Consumer Protection Committee has initiated discussions with the airlines and expects them to address consumer complaints and ensure equal seat selection opportunities for all passengers [3][12]. Group 3: Regulatory Response - The Jiangsu Provincial Consumer Protection Committee has mandated that the airlines submit written rectification plans within 15 working days to address the issues related to seat locking [12]. - Continuous monitoring of the airlines' compliance with the rectification requirements will be conducted by the consumer protection authority [12].

Core Viewpoint - Hainan Airlines plans to launch a direct flight route from Haikou to Ho Chi Minh City starting December 15, enhancing connectivity between China and Vietnam [1] Group 1: Flight Details - The new international route will operate two round-trip flights per week, scheduled for Mondays and Fridays [1] - The outbound flight is set to depart from Haikou Meilan International Airport at 6:50 AM Beijing time, arriving at Tan Son Nhat International Airport in Ho Chi Minh City at 7:55 AM local time, with a flight duration of approximately 2 hours and 5 minutes [1] - The return flight will leave Ho Chi Minh City at 8:55 AM local time and arrive back in Haikou at 11:55 AM Beijing time, with an estimated flight duration of 2 hours [1]

Group 1 - The core point of the article highlights the operational capabilities of the largest engine test stand in China, located at Haikou Meilan Airport, which can support thrust testing for engines up to 150,000 pounds [2] - The test stand is designed to meet the testing requirements for mainstream global aircraft engine models, indicating its significance in the aviation industry [2] - In the first ten months of this year, the bonded maintenance goods value in Haikou Airport Comprehensive Bonded Zone reached 47.86 billion yuan, representing a year-on-year growth of 71.8% [2]

21世纪经济报道记者贺泓源、实习生李音桦 海南全岛封关运作进入倒计时。 海航控股提到，在1-10月，该公司在海口美兰机场的国际旅客运输量同比增长79%，创近五年新高。 这在波动市场中，是难得的利好。 财报显示，三季度，海航控股营收同比增长1.84%至203.54亿元；归母净利润同比下滑0.75%至27.88亿 元。作为对比，同期，国航营收同比增长0.9%至491亿元；归母净利润同比下滑11.3%至36.8亿元。 对于未来，海航控股显得颇具信心。 该公司在近期的机构交流中提到，封关运作后，海航控股可享受多项税收优惠政策，将有效降低财务成 本并吸引高端紧缺人才；飞机购置零关税、部分航材零关税，以及最大化实现保税航油政策全面落地， 将大幅降低核心运营成本。 此外，海航控股正在大力发展中转经济。 比如，在海口机场中转厅改造启用仅1个月内，成功开通海口首条国际转国际航线，实现海南省国际转 国际业务"零的突破"。同时，全面开通在飞洲际航线通程业务（含悉尼、墨尔本、奥克兰、莫斯科、伦 敦），实现海口洲际通程中转开通率为100%。 同时，海航控股协同边检完成旅客证件核验专项培训工作，于11月5日正式落实"24小时国际转国际过 ...