Zhong Guo Min Hang Wang·2025-10-16 10:09Core Insights - The Chinese aviation industry is experiencing steady growth in domestic routes and a rapid recovery in international routes, with significant improvements in operational performance and cargo market growth [1][2] Group 1: Industry Performance - In the third quarter, the domestic aviation market maintained steady growth, while international routes continued to recover quickly [1] - The cargo market showed a robust growth rate, and the daily utilization rate of passenger aircraft increased significantly [1] - The flight punctuality rate improved significantly compared to the previous year, demonstrating the industry's effective operational support capabilities [1] Group 2: Market Trends - The recent National Day holiday combined with the Mid-Autumn Festival has led to a new peak in travel demand, with an average of 2.392 million passengers per day, marking a historical high and a 3.2% year-on-year increase [1] - The overall aviation market is expected to maintain a growth trend in the fourth quarter, with passenger volume projected to increase by approximately 5% year-on-year [1] Group 3: Strategic Recommendations - The industry faces seven major issues and has proposed ten recommendations to promote high-quality development, emphasizing the need for structural optimization and quality-first development [2] - The industry aims to prevent unhealthy competition and enhance core competitiveness through strategies such as hub strategy, internationalization, and collaborative development [2] Group 4: Global Market Analysis - The global aviation market is projected to see explosive growth in ancillary revenue, surpassing $148 billion in 2024, significantly exceeding the previous record of $109.5 billion set in 2019 [2] - The share of ancillary revenue among the top ten global airlines ranges from 34% to 62%, highlighting its increasing importance in the industry's revenue structure [2]