GBIAC(SH:600004) Zhong Guo Min Hang Wang·2026-02-09 11:58Core Viewpoint - Guangzhou Baiyun International Airport's T3 terminal has successfully commenced operations during the Spring Festival travel rush, showcasing a vibrant atmosphere and efficient passenger flow management, reflecting the strong vitality of the "flowing Spring Festival" [1][2]. Passenger Flow and Growth - Since the start of the Spring Festival on February 2, 2026, the passenger flow at Guangzhou Baiyun Airport has steadily increased, with over 370,000 passengers checked in the first week, marking an 18.8% increase compared to the same period in 2025, setting a new historical record [2][3]. - From January 1 to February 6, 2026, the total number of inbound and outbound passengers exceeded 2 million, a 18.5% year-on-year increase, occurring 7 days earlier than in 2025 [2]. Inbound and Outbound Trends - The first week of the Spring Festival saw a significant "return home" trend, with over 130,000 Chinese citizens returning, a 76.2% increase compared to the previous year, and the number of inbound Chinese citizens surpassing outbound travelers by 18.8% [3]. - The outbound tourism market is also thriving, with outbound Chinese citizens increasing by 12.2% compared to 2025, primarily traveling to Thailand, Malaysia, Australia, Vietnam, and Singapore [3]. International Visitor Attraction - The airport has seen a rise in foreign visitors, with over 100,000 foreigners checked in the first week, a 16% increase from 2025, driven by policies such as visa exemptions and the 240-hour transit visa [4]. - The number of inbound foreign visitors increased by 15.1%, with over 2,400 foreigners holding long-term visas entering China, reflecting a growing interest in experiencing the Chinese New Year [4]. Business Travel Surge - The APEC meeting in Guangdong has led to a peak in business travel, with over 5,000 foreign business visa holders entering China, a 135% year-on-year increase, and 340 travelers with APEC business travel cards, up over 120% [5]. - The Guangdong region's role as a hub for international trade and business is emphasized, with increasing foreign business travelers utilizing the Spring Festival period for trade cooperation and business discussions [5]. Service Enhancements - Guangzhou Baiyun Airport's border inspection station is focused on improving service efficiency and passenger experience through the implementation of smart technologies and streamlined processes, including the introduction of multilingual staff to assist international travelers [6]. - The airport aims to maintain a high level of service during the ongoing Spring Festival travel rush, ensuring quick customs clearance and a pleasant travel experience for all passengers [6].