SIA(SH:600009) Zhong Guo Min Hang Wang·2025-12-06 12:44Core Insights - Shanghai airports, including Pudong and Hongqiao, reported a total of 69,000 flight takeoffs and landings in November, with passenger throughput reaching 11.14 million and cargo mail throughput at 433,000 tons, marking year-on-year increases of 6.5%, 11.2%, and 13.4% respectively, indicating a steady growth trend [1][4] Group 1: Flight and Passenger Data - In November, Pudong Airport recorded 46,000 flight takeoffs and landings, with passenger throughput of 6.97 million and cargo mail throughput of 390,000 tons [4] - Hongqiao Airport had 23,000 flight takeoffs and landings, with passenger throughput of 4.17 million and cargo mail throughput of 43,000 tons [4] - The inbound and outbound passenger flow at Shanghai airports reached 3.51 million in November, reflecting a year-on-year growth of 19.7% [4] Group 2: Year-to-Date Performance - From January to November, Shanghai airports completed a total of 770,000 flight takeoffs and landings, with passenger throughput of 124 million and cargo mail throughput of 4.13 million tons, representing year-on-year increases of 4.7%, 8.5%, and 7.7% respectively [4] - Cumulative inbound and outbound passenger volume reached 37.97 million, showing a year-on-year increase of 19.5%, indicating a significant recovery in the international aviation market [4] Group 3: Route Expansion - Shanghai airports are expanding their global route network, enhancing hub connectivity [4] - New intercontinental routes include Belgrade in Serbia, Casablanca in Morocco, and Geneva in Switzerland, while routes within Asia have been restored to Cheongju in South Korea and Manado in Indonesia, and additional flights to Kuala Lumpur in Malaysia have been added [4] - New direct flights to Central Asia destinations such as Chimkent and Almaty in Kazakhstan, Tashkent in Uzbekistan, and Ulaanbaatar in Mongolia have been launched, further strengthening the "Air Silk Road" between China and Central/East Asia [4] Group 4: New Route Launch - On December 4, the longest single commercial flight route from Shanghai to Auckland to Buenos Aires was officially launched, filling the gap for direct flights from Shanghai to South America [5] - This new route is a significant step in Shanghai Airport's efforts to build a comprehensive international aviation hub and injects new momentum into the development of Shanghai as an international shipping center [5]