SA(SH:601021) Sou Hu Cai Jing·2025-10-18 19:04Core Viewpoint - Spring Airlines (XD春秋航) has shown a positive trend in its stock price and operational metrics, indicating growth potential in the airline sector despite some fluctuations in passenger and cargo metrics [1][2][3]. Group 1: Stock Performance - As of October 17, 2025, Spring Airlines' stock closed at 53.71 CNY, up 1.44% from the previous week [1]. - The stock reached a peak price of 54.24 CNY during the week and a low of 51.6 CNY on October 13 [1]. - The company's total market capitalization is 52.546 billion CNY, ranking 6th in the aviation and airport sector and 310th among all A-shares [1]. Group 2: Operational Metrics - In September 2025, Spring Airlines operated 134 Airbus A320 aircraft with no new additions [2]. - The available ton-kilometers decreased by 10.69% month-on-month but increased by 32.25% year-on-year, with international capacity growing by 32.75% year-on-year [2]. - Passenger turnover was 483,492.09 million kilometers, showing a 12.64% decrease month-on-month but a 22.87% increase year-on-year [2]. - Total passenger numbers reached 2.7763 million, down 13.19% month-on-month but up 24.34% year-on-year, with international passenger numbers increasing by 31.99% year-on-year [2]. - The passenger load factor was 91.84%, up 1.32 percentage points year-on-year [2][5]. Group 3: Cargo Metrics - The cargo and mail transport volume was 9,544.11 tons, reflecting a 25.87% increase month-on-month and a 20.83% increase year-on-year [3][5]. - The comprehensive load factor was 81.01%, down 6.10 percentage points year-on-year [4].