交通运输行业周报：11月快递件量同比增长14.9%

Investment Rating - The report maintains a "Buy" rating for several companies in the transportation sector, including China National Aviation, Southern Airlines, and Spring Airlines, among others [1]. Core Insights - The report highlights a significant year-on-year increase in express delivery volume of 14.9% in November 2024, with a total of 17.21 billion packages delivered [7][22]. - The average revenue per package decreased by 1.8% year-on-year to 8.31 yuan, while total revenue for the month reached 142.99 billion yuan, reflecting a 12.8% increase compared to the previous year [22]. - The CR8 index, which measures market concentration, stood at 85.2%, indicating a slight increase of 1.2 percentage points year-on-year [22]. Summary by Sections Weekly Focus (12.8-12.14) - November express delivery volume reached 17.21 billion packages, up 14.9% year-on-year and 5.5% month-on-month [7]. - The average revenue per package was 8.31 yuan, down 1.8% year-on-year but up 7.7% month-on-month [22]. - Total revenue for November was 142.99 billion yuan, a 12.8% increase year-on-year [22]. Industry Data Tracking (12.8-12.14) Air Transport Data - Domestic flight volume for the week was 83,273 flights, averaging 11,896 flights per day, a decrease of 1.19% from the previous week [9]. - Domestic passenger volume reached 11.1865 million, down 1.39% from the previous week [9]. - The average ticket price decreased by 0.47% compared to the previous week [9]. Express Delivery Data - Weekly average collection volume was approximately 539 million packages, with a delivery volume of about 547 million packages, reflecting a decrease of 3.55% and 2.39% respectively from the previous week [19]. - Year-to-date average collection volume is approximately 463 million packages, with a year-on-year increase of 27.19% [19]. Recent Key Reports - The report includes various recent analyses, such as the 2024 annual strategy for the express delivery industry, emphasizing high-end logistics [6].