CSN(SH:600029) Zheng Quan Ri Bao·2025-04-28 18:43Group 1: Domestic Air Travel Trends - During the upcoming "May Day" holiday, the civil aviation passenger transport volume is expected to reach 10.75 million, averaging 2.15 million per day, representing an 8% increase compared to the same period in 2024, marking a historical high for this period [1] - As of April 27, the search interest for travel during the "May Day" holiday has surged by 326% year-on-year, indicating strong demand for travel [1] - Domestic flight ticket bookings have exceeded 5.42 million, reflecting a 31% increase compared to 2024, with major passenger flows concentrated in key city clusters such as Beijing-Tianjin-Hebei, Yangtze River Delta, Guangdong-Hong Kong-Macao, and Chengdu-Chongqing [1] Group 2: International Air Travel Developments - The civil aviation authority anticipates that both passenger transport volume and flight numbers for international routes will peak during the "May Day" holiday, with popular destinations including Japan, South Korea, and Southeast Asia [2] - A total of 88,000 scheduled flights have been arranged nationwide for the holiday, representing a 2.3% year-on-year increase, with 173 additional flights approved, marking an 8% increase [2] - Airlines are actively increasing flight frequencies and introducing new routes, such as China Southern Airlines launching new flights from Guangzhou to Nagoya and Shenzhen to Osaka [2] Group 3: Overall Industry Recovery - In the first quarter of this year, China's civil aviation sector saw year-on-year growth in total turnover, passenger transport, and cargo mail transport, with international flight volumes and passenger numbers increasing significantly [3] - The overall recovery of the civil aviation industry is evident, with international passenger volumes returning to pre-pandemic levels for the first time, driven by strong demand during the Spring Festival and favorable policies for inbound tourism [3] - The civil aviation industry is focusing on expanding international routes, particularly to emerging markets in East Asia, which is seen as a valuable recovery strategy [3] Group 4: Policy and Infrastructure Enhancements - The civil aviation authority has been working to enhance the convenience of foreign travelers entering the country, including increasing international flight frequencies and improving payment processes [4] - Recent policy initiatives aim to facilitate international passenger transport and support foreign trade and diplomatic relations, with a total of 6,532 international passenger flights executed in the past week, connecting to 78 countries [4] - The long-term sustainability of the civil aviation industry's growth will depend on its ability to convert policy benefits into competitive service offerings and extend the value of the industry chain [4]