民航2025年盈利65亿，旅客量未达预期

Core Insights - The 2026 Civil Aviation Work Conference revealed that China's civil aviation industry achieved a profit of 6.5 billion yuan in 2025, indicating improved operational efficiency [1][7]. Industry Performance - In 2024, the entire civil aviation industry, including airlines, airports, and support units, returned to profitability [2][8]. - The industry completed 14.551 million hours of transport flights and 5.547 million flights in 2025, with a year-on-year flight volume increase of 5.3% [2][8]. - Total transport turnover reached 1,640.8 billion ton-kilometers, with passenger transport volume at 770 million and cargo mail transport at 10.172 million tons, representing year-on-year growth of 10.5%, 5.5%, and 13.3% respectively [2][8]. Service Improvements - Service levels improved, with a flight punctuality rate exceeding 90% and average flight delay time reduced by 3.5 minutes in 2025 [2][8]. - The domestic flight sector eliminated paper itinerary slips, achieving a 90.5% level of full-process baggage tracking [2][8]. Cargo and International Operations - Domestic and international cargo mail transport volumes grew by 7.3% and 22.1% respectively, with Chinese airlines holding a 44% share of the international cargo market, up 3 percentage points [3][9]. - International flights recovered to over 90% of 2019 levels, with international passenger transport volume increasing by 21.6% [3][9]. Aircraft Utilization and Investments - The industry achieved a daily aircraft utilization rate of 9.1 hours, an increase of 0.2 hours year-on-year, with a passenger load factor of 85.1% and a cargo load factor of 73.4% [3][9]. - Fixed asset investments totaled 120 billion yuan, with several hub airport expansion projects completed [3][9]. Low-altitude Economy - In 2025, traditional general aviation completed 1.218 million flight hours, and the number of registered drones exceeded 3.28 million, with cumulative flight hours reaching 45.3 million, a nearly 70% year-on-year increase [4][10]. - The civil aviation authority issued safety development plans for general aviation and low-altitude economy, establishing a network of 46 low-altitude flight service stations across 23 provinces [4][10].