中国民航，赚钱了！

Core Insights - The civil aviation industry in China achieved a profit of 6.5 billion yuan in 2025, a significant increase from 120 million yuan in 2024, despite ongoing competitive pressures [2][14]. Group 1: Production Growth - The total turnover volume reached 1,640.8 billion ton-kilometers, representing a year-on-year growth of 10.5% [2]. - Passenger transport volume was 770 million, with a year-on-year increase of 5.5% [2]. - Cargo and mail transport volume reached 10.172 million tons, growing by 13.3% year-on-year, indicating the strategic value of the air cargo system in stabilizing supply chains [2]. Group 2: Quality Improvement - The industry completed 14.551 million hours of transport flights and 5.547 million flights, with flight hours increasing by 5.3% and flight numbers by 4.7% [3]. - The accident rate for transport aviation decreased by 5.9% year-on-year [4]. - The on-time performance rate exceeded 90%, reaching a new high in recent years [6]. - The average delay time for flights decreased by 3.5 minutes year-on-year [7]. - The bridge access rate for major airports reached 85.8%, an increase of nearly 2 percentage points [9]. - The daily aircraft utilization rate was 9.1 hours, up by 0.2 hours year-on-year, with a passenger load factor of 85.1%, increasing by 1.8 percentage points [11]. - The cargo load factor was 73.4%, up by 3 percentage points year-on-year [12]. Group 3: Financial Performance - The civil aviation industry recorded a profit of 6.5 billion yuan in 2025, a substantial recovery from previous years [14]. - Historical profit figures show a decline from 54.1 billion yuan in 2019 to losses in subsequent years, with a profit of only 120 million yuan in 2024 [15]. - The profit increase in 2025 was primarily driven by lower oil prices and the appreciation of the yuan, alongside improved internal management and cost control [16].