Core Viewpoint - The A-share airport and aviation sector experienced a significant rise, with several airlines reporting positive operational data for September 2025, indicating a recovery in passenger traffic and capacity utilization [1][2]. Group 1: Airline Performance - China Southern Airlines reported a 4.43% year-on-year increase in passenger capacity input for September 2025, with a 5.25% rise in passenger turnover, and an overall seat occupancy rate of 86.30%, up 0.67 percentage points [1]. - Air China disclosed a 1.2% increase in passenger capacity input and a 5.6% rise in passenger turnover for September 2025, achieving an average seat occupancy rate of 83.2%, which is up 3.5 percentage points year-on-year [1]. - China Eastern Airlines noted a 3.63% increase in passenger capacity input and an 8.67% rise in passenger turnover for September 2025, with a seat occupancy rate of 87.57%, up 4.06 percentage points [2]. Group 2: Market Reaction - The A-share market saw a surge in the aviation sector, with Huaxia Airlines hitting the daily limit up, while China National Airlines and Shanghai Airlines rose over 6%, indicating strong investor confidence following the positive operational data [1].

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告之內容概不負責，對其 準確性或完整性亦不發表任何聲明，並明確表示概不就因本公告全部或任何部分內容而 產生或因倚賴該等內容而引致的任何損失承擔任何責任。 00753 董事會會議通告 茲通告中國國際航空股份有限公司（「本公司」）將於二零二五年十月三十日（星期四）舉行 董事會會議，藉以（其中包括）審議及批准本公司及其附屬公司截至二零二五年九月三十 日止九個月之第三季度業績。 承董事會命 中國國際航空股份有限公司 公司秘書 肖烽 中國北京，二零二五年十月十五日 於本公告日期，本公司的董事為劉鐵祥先生、王明遠先生、崔曉峰先生、Patrick Healy （賀以禮）先生、肖鵬先生、徐念沙先生*、禾雲先生*、譚允芝女士*及高春雷先生*。 * 本公司獨立非執行董事 ...

Core Insights - China National Airlines (601111.SH) reported an increase in consolidated passenger turnover (measured in revenue passenger kilometers) for September 2025, with a year-on-year growth of 5.6% [1] Group 1: Passenger Operations - Passenger capacity input (measured in available seat kilometers) increased by 1.2% year-on-year [1] - Domestic passenger capacity input decreased by 0.3%, while domestic passenger turnover rose by 3.4% [1] - International passenger capacity input increased by 4.8%, with international passenger turnover rising by 11.4% [1] - Regional passenger capacity input decreased by 0.8%, but regional passenger turnover increased by 6.6% [1] - The average passenger load factor was 83.2%, up by 3.5 percentage points year-on-year [1] - Domestic routes saw a load factor increase of 3.0 percentage points, international routes increased by 4.7 percentage points, and regional routes increased by 5.1 percentage points [1] Group 2: Cargo Operations - Cargo capacity input (measured in available cargo ton kilometers) decreased by 2.9% year-on-year [1] - Cargo and mail turnover (measured in revenue cargo ton kilometers) increased by 4.6% year-on-year [1] - The cargo load factor was 41.4%, up by 3.0 percentage points year-on-year [1] Group 3: Fleet Update - The company introduced 5 A320 series aircraft and 2 B737 series aircraft, while retiring 1 B747 series aircraft and 1 A320 series aircraft as of September 2025 [2] - As of the end of September 2025, the company operated a total of 946 aircraft, including 419 owned, 233 under finance leases, and 294 under operating leases [2]

Core Insights - China National Airlines (601111.SH) reported an increase in consolidated passenger turnover (measured in revenue passenger kilometers) for September 2025, with a year-on-year growth of 5.6% [1] Group 1: Passenger Operations - Passenger capacity input (measured in available seat kilometers) increased by 1.2% year-on-year [1] - Domestic passenger capacity input decreased by 0.3%, while domestic passenger turnover increased by 3.4% [1] - International passenger capacity input rose by 4.8%, with international passenger turnover increasing by 11.4% [1] - Regional passenger capacity input decreased by 0.8%, but regional passenger turnover increased by 6.6% [1] - The average passenger load factor was 83.2%, up by 3.5 percentage points year-on-year [1] - Domestic routes saw a load factor increase of 3.0 percentage points, international routes increased by 4.7 percentage points, and regional routes increased by 5.1 percentage points [1] Group 2: Cargo Operations - Cargo capacity input (measured in available cargo ton kilometers) decreased by 2.9% year-on-year [1] - Cargo and mail turnover (measured in revenue cargo ton kilometers) increased by 4.6% year-on-year [1] - The cargo load factor was 41.4%, up by 3.0 percentage points year-on-year [1] Group 3: Fleet Update - The company introduced 5 A320 series aircraft and 2 B737 series aircraft, while retiring 1 B747 series aircraft and 1 A320 series aircraft as of September 2025 [2] - As of the end of September 2025, the company operated a total of 946 aircraft, including 419 owned aircraft, 233 financed leased aircraft, and 294 operating leased aircraft [2]

格隆汇10月15日丨中国国航公告，2025年9月，本集团合并旅客周转量(按收入客公里计)同比上升。客 运运力投入(按可用座位公里计)同比上升1.2%，旅客周转量同比上升5.6%。其中，国内客运运力投入同 比下降0.3%，旅客周转量同比上升3.4%；国际客运运力投入同比上升4.8%，旅客周转量同比上升 11.4%；地区客运运力投入同比下降0.8%，旅客周转量同比上升6.6%。平均客座率83.2%，同比上升3.5 个百分点。其中，国内航线同比上升3.0个百分点，国际航线同比上升4.7个百分点，地区航线同比上升 5.1个百分点。 ...

证券代码：601111 股票简称：中国国航 公告编号：2025-046 中国国际航空股份有限公司 2025年9月主要运营数据公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 2025 年 9 月，中国国际航空股份有限公司（以下简称"本公司"）及所属 子公司（以下简称"本集团"）合并旅客周转量（按收入客公里计）同比上升。 客运运力投入（按可用座位公里计）同比上升 1.2%，旅客周转量同比上升 5.6%。 其中，国内客运运力投入同比下降 0.3%，旅客周转量同比上升 3.4%；国际客运 运力投入同比上升 4.8%，旅客周转量同比上升 11.4%；地区客运运力投入同比 下降 0.8%，旅客周转量同比上升 6.6%。平均客座率 83.2%，同比上升 3.5 个百 分点。其中，国内航线同比上升 3.0 个百分点，国际航线同比上升 4.7 个百分点， 地区航线同比上升 5.1 个百分点。 货运方面，货运运力投入（按可用货运吨公里计）同比下降 2.9%，货邮周 转量（按收入货运吨公里计）同比上升 4.6%。货运载运率为 41.4%，同比 ...

Core Viewpoint - China National Airlines (601111) reported an increase in passenger capacity and turnover for September, while cargo capacity saw a decline but cargo turnover increased [1] Group 1: Passenger Operations - Passenger capacity (measured in available seat kilometers) increased by 1.2% year-on-year in September [1] - Passenger turnover (measured in revenue passenger kilometers) rose by 5.6% year-on-year [1] Group 2: Cargo Operations - Cargo capacity (measured in available cargo ton kilometers) decreased by 2.9% year-on-year [1] - Cargo turnover (measured in revenue cargo ton kilometers) increased by 4.6% year-on-year [1]

南财智讯10月15日电，中国国航公告，9月旅客运输量为13082.2千人，同比增长3.7%，平均客座率提升 至83.2%，同比上升3.5个百分点。货运运力投入同比下降2.9%，但货邮周转量同比上升4.6%，货运载运 率为41.4%，同比上升3.0个百分点。当月新增北京大兴-赣州瑞金航线，同时引进多架新飞机并退出部 分老旧飞机，截至月底，集团共运营946架飞机。 ...

Core Insights - The company announced an increase in consolidated passenger turnover (measured in revenue passenger kilometers) for September 2025 compared to the previous year [1] Capacity and Turnover Summary - Passenger capacity input (measured in available seat kilometers) increased by 1.2% year-on-year, while passenger turnover rose by 5.6% [1] - Domestic passenger capacity input decreased by 0.3%, with passenger turnover increasing by 3.4% [1] - International passenger capacity input increased by 4.8%, leading to a 11.4% rise in passenger turnover [1] - Regional passenger capacity input saw a decline of 0.8%, but passenger turnover increased by 6.6% [1] Load Factor Analysis - The average passenger load factor reached 83.2%, an increase of 3.5 percentage points year-on-year [1] - Domestic routes experienced a load factor increase of 3.0 percentage points [1] - International routes saw a load factor increase of 4.7 percentage points [1] - Regional routes had a load factor increase of 5.1 percentage points [1]

Core Insights - The aviation and airport sector experienced a significant increase of 4.15% on October 15, with Huaxia Airlines leading the gains [1] - The Shanghai Composite Index closed at 3912.21, up 1.22%, while the Shenzhen Component Index closed at 13118.75, up 1.73% [1] Stock Performance Summary - Huaxia Airlines (002928) closed at 10.76, up 10.02% with a trading volume of 355,600 shares and a transaction value of 369 million [1] - China National Aviation (601111) closed at 8.27, up 6.99% with a trading volume of 1,570,800 shares and a transaction value of 1.269 billion [1] - 吉祥航空 (603885) closed at 14.05, up 6.76% with a trading volume of 391,300 shares and a transaction value of 539 million [1] - China Eastern Airlines (600115) closed at 4.39, up 5.78% with a trading volume of 2,425,000 shares and a transaction value of 1.046 billion [1] - China Southern Airlines (600029) closed at 6.30, up 5.18% with a trading volume of 1,435,300 shares and a transaction value of 889 million [1] - Spring Airlines (601021) closed at 53.68, up 2.85% with a trading volume of 107,000 shares and a transaction value of 566 million [1] - HNA Holding (600221) closed at 1.67, up 2.45% with a trading volume of 5,192,500 shares and a transaction value of 859 million [1] - Shenzhen Airport (000089) closed at 7.10, up 1.28% with a trading volume of 141,200 shares and a transaction value of 99.67 million [1] - Shanghai Airport (600009) closed at 31.88, up 0.92% with a trading volume of 91,400 shares and a transaction value of 290 million [1] - Baiyun Airport (600004) closed at 9.60, up 0.63% with a trading volume of 212,200 shares and a transaction value of 203 million [1] Capital Flow Analysis - The aviation and airport sector saw a net inflow of 362 million from institutional investors, while retail investors experienced a net outflow of 206 million [2] - Major stocks like HNA Holding and China Southern Airlines had varying net inflows and outflows from different investor types, indicating mixed investor sentiment [3] - HNA Holding had a net inflow of 11.7 million from institutional investors, while retail investors showed a net outflow of 47.34 million [3]