GBIAC(SH:600004) Yang Shi Wang·2025-12-06 09:34Core Insights - The Guangzhou Baiyun International Airport T3 terminal and the fifth runway officially commenced operations on October 30, 2025, making it the first airport in China with five operational runways [1] Group 1: Operational Performance - The T3 terminal has been operational for over a month, with a smooth and orderly operation aided by self-service check-in, baggage drop, and smart security equipment [4] - Since the transition of domestic operations from T1 to T3, five airlines have moved their services, executing an average of 158 flights daily and handling approximately 26,000 passengers per day [4] - The average check-in time for domestic direct flights has been significantly reduced, with some passengers completing the process in under one minute [6] Group 2: Design and Visitor Experience - The architectural design of T3 is themed around "flowers," symbolizing "blossoming flowers in Yangcheng," and includes a viewing platform that allows close observation of the airport [8] - The viewing platform, located in the public area before security, has attracted over 10,000 visitors since its opening, with an average of 3,000 visitors daily [11] Group 3: Strategic Importance - The new terminal and runway resources enhance Baiyun Airport's status as a major international aviation hub, contributing to the development of the Guangdong-Hong Kong-Macao Greater Bay Area airport cluster [14] - The expansion of the airport is expected to lower logistics costs in the region, promote the free flow and efficient allocation of economic factors, and elevate the Greater Bay Area's capacity for global resource allocation [17]