民航局将规范低于成本价卖票

Core Viewpoint - The Civil Aviation Administration of China (CAAC) is addressing the issue of "involution" in the aviation industry, where excessive price competition among airlines has led to low profitability despite market growth [2]. Group 1: Regulatory Actions - The CAAC has initiated measures to regulate market pricing behaviors and is working on establishing comprehensive rules and monitoring systems for air transport pricing [2]. - The CAAC is collecting data from airlines to assess cost structures on various routes, which will inform future pricing regulations and help identify instances of "malicious competition" [2]. Group 2: Market Trends - Despite the CAAC's efforts, there has not been a significant increase in ticket prices; for instance, the average ticket price for domestic economy class in July and August 2024 decreased by 6.4% year-on-year and by 8.6% compared to 2019 [2]. - Some airlines are reportedly offering low-priced tickets during off-peak times, leading to a competitive response from other carriers, which exacerbates the price-cutting behavior [3]. Group 3: Industry Challenges - The aviation industry faces more significant challenges in curbing price competition compared to the express delivery sector, due to the presence of 65 airlines competing for domestic routes and the oversupply of capacity [4]. - There is a need for a structured exit mechanism for underperforming airlines to alleviate price competition, as many airlines have continued to operate at a loss without going bankrupt [4]. - The value of airline licenses has increased due to the CAAC's moratorium on new airline approvals, which has led to existing airlines being propped up by local governments or other capital sources during tough times [4].