| 航班号 | 始发地 | 目的地 | 计划起飞 | 计划落地 | 计划班期 | | --- | --- | --- | --- | --- | --- | | HU7144 | 南昌 | 北京 | 1745 | 1955 | 每日一班 | | | | | | 2015 | | | | | | | 2010 | | | | | | 1820 | | | | | | | 1840 | 2030 | | | HU7184 | 南昌 | 北京 | 1705 | 1910 | 每周一、三、五、日 | | | | | | 1925 | | | HU7070 | 南昌 | 海口 | 1130 | 1345 | 每日一班 | | HN7388 | 國 昌 | ll l | 1015 | 1245 | 每周一、三、五、日 | | HU7312 | 南昌 | 川 | 2020 | 2252 2310 | 每日一班 | | | | | 2025 | 2315 | | | HU7311 | 南昌 | 呼和浩特 | 1255 | 1540 | 每日一班 | | HU7650 | 南昌 | 哈尔滨 | 1705 | 2055 | 每日 ...

截至2025年11月7日收盘，海航控股（600221）报收于1.83元，较上周的1.77元上涨3.39%。本周，海航 控股11月5日盘中最高价报1.93元。11月3日盘中最低价报1.77元。海航控股当前最新总市值790.85亿 元，在航空机场板块市值排名5/12，在两市A股市值排名216/5166。 本周关注点 交易信息汇总 11月6日海航控股发生1笔大宗交易，成交金额594万元。 公司主基地在海口，海南地区不受高铁影响，海口、三亚的航线均有着高铁不可替代的优势。同时，公 司通过不断提升航段时间，整体的航段时间在2.5小时以上，可以避开与高铁直接竞争。公司将通过不 断优化航线结构来提升航线质量；通过优质的机上服务、灵活的票价产品和便捷的枢纽中转，吸引对时 间和舒适度要求高的商务和高端旅客。 公司的单位SK成本下滑除了油价影响，同时受国际航线生产量的大幅提升影响（国际合并地区三季度 累计增幅45%），SK增幅高于成本增幅。日利用率相对稳定后，公司将通过降本创效等对成本进行精 来自交易信息汇总：11月6日海航控股发生1笔大宗交易，成交金额594万元。 来自机构调研要点：公司国际航线周航班量已超过2019年国际航线 ...

Group 1 - The company announced on October 29 that it can meet market demand by increasing the investment in flat-top barges and constructing new roll-on/roll-off vessels [1] - The company also mentioned that it can alleviate the pressure on the Haikou to Hai'an route by opening new shipping routes [1]

Core Insights - The winter-spring flight schedule commenced on October 26, with Eastern Airlines Zhejiang branch operating 274 flights, transporting over 20,000 passengers with an average seat occupancy rate of 72% [1][2] Flight Operations - Eastern Airlines Zhejiang branch plans to operate 71 domestic routes and 15 international and regional routes, increasing weekly flights to 904 to enhance travel options for Zhejiang tourists [1][2] - New routes include direct flights from Hangzhou to Urumqi and from Wenzhou to Tianjin, with additional routes planned to popular destinations such as Jieyang, Xishuangbanna, and Foshan [2][3] Popular Destinations - The newly launched Hangzhou-Urumqi route has a flight time of approximately 5 hours and 25 minutes, with the first flight achieving a seat occupancy rate of over 85%, indicating strong demand for travel to Xinjiang [3] - The flight from Ningbo to Foshan is scheduled to operate daily, with initial flights nearly sold out, reflecting the popularity of winter escape travel among Zhejiang tourists [2] International Expansion - In response to the recovering outbound travel demand, Eastern Airlines Zhejiang branch is increasing international flights, including four weekly flights from Ningbo to Singapore and a total of 16 weekly flights to Southeast Asia [4] - The winter-spring schedule will continue to support routes to Seoul, Sydney, Auckland, Budapest, Madrid, and Rome, enhancing the connectivity and convenience for travelers [4]

Core Viewpoint - The 2025 winter flight season for civil aviation has commenced, with significant optimization in the airport route network and a steady increase in flight volume, enhancing air transport capacity [1] Flight Operations - The Eastern Airport Group plans to operate over 9,300 flights weekly, representing a year-on-year increase of 3.6% [1] - Weekly passenger flights are set at 8,729, with a growth of 3.4%, while cargo flights will be 577, increasing by 6.7% [1] New Routes - New routes have been added, including connections from Changzhou to Xishuangbanna, Ganzhou, and Lhasa, as well as from Huai'an to Luzhou, Xi'an, and Wenzhou [1] - Other new routes include Salt City to Taizhou and Xishuangbanna, and Yangtai to Nanchang, Zhoushan, Quanzhou, and Mianyang [1] - The Nanjing to Paris route will operate throughout the season, with 22 routes including Nanjing to Sydney, Melbourne, Tokyo, and Seoul continuing operations [1] International Operations - Eastern Airlines Jiangsu Company will operate 15 international routes, covering 13 destinations, with 89 weekly flights, accounting for 60% of Nanjing Airport's international route points [1] - The international operations have fully recovered to the levels seen in 2019 [1]

Core Insights - The new winter-spring flight schedule for 2025/26 has been implemented by Chinese civil aviation, with airlines optimizing route networks and capacity arrangements to enhance travel and global supply chain support [1][2] Group 1: China Southern Airlines (南航) - China Southern Airlines plans to operate approximately 470,000 passenger flights in the new season, focusing on strengthening the route network from hubs like Guangzhou, Beijing Daxing, and Urumqi [1] - New routes include a daily flight from Beijing Daxing to Xishuangbanna and increased frequencies on several domestic routes such as Guangzhou to Hangzhou, Wenzhou, and Fuzhou [1] - Internationally, new long-haul routes from Guangzhou to Madrid and Darwin will commence, along with the resumption of direct flights to Perth and Adelaide, increasing the number of flights to Oceania by 30% year-on-year [1] Group 2: China Eastern Airlines (东航) - China Eastern Airlines will execute an average of 3,130 flights daily, a 0.4% increase compared to the previous winter-spring season, with international and regional flights increasing by 11.65% to 3,220 weekly [2] - The airline is launching 38 new domestic routes, particularly targeting popular winter destinations in Northeast China and Xinjiang [2] - Notably, the new Shanghai Pudong to Auckland and Buenos Aires route, starting on December 4, will set a record for the longest single-route flight globally [2]

Core Insights - The new winter-spring flight schedule will be implemented nationwide starting October 26, with Shandong Airlines planning to deploy 134 aircraft to enhance flight options for travelers [1] Route Expansion - Shandong Airlines has added new routes including Jinan ⇌ Yuncheng ⇌ Kunming and Qingdao ⇌ Yuncheng ⇌ Kunming, establishing an air corridor from North China to Southwest China [2] - Additional routes include Qingdao ⇌ Hefei ⇌ Nanning, Qingdao ⇌ Shiyan, and Harbin ⇌ Qingdao ⇌ Chengdu Tianfu, further improving the airline's national network [2] - Popular routes have been increased in frequency, such as Jinan ⇌ Kashgar now operating daily, and business routes like Qingdao ⇌ Xi'an and Qingdao ⇌ Wuhan have been increased to 2 to 4 flights per day [2] International and Regional Services - Shandong Airlines operates over 40 round-trip flights daily to major cities in the Asia-Pacific region, including Seoul, Osaka, Bangkok, and Singapore, as well as Hong Kong and Taipei [2] Flight Schedule Details - Specific flight schedules include daily flights for routes such as Jinan ⇌ Chengdu Tianfu ⇌ Lijiang and Qingdao ⇌ Hefei ⇌ Nanning, with various frequencies for other routes [4][5] Service Enhancements - The "Shandong Airlines Fast Line" service has been upgraded, offering up to 14 high-frequency flights daily between key cities and exclusive benefits for fast line travelers [5] - The airline has introduced a product system that includes through flights, prepaid luggage, and round-trip discounts to cater to diverse travel needs [6] First-Time Traveler Initiatives - A new service system for first-time travelers has been launched, focusing on providing comprehensive support throughout the ticketing, airport, and cabin experience [6]

Core Points - Xi'an Xianyang International Airport plans to operate 156,000 flights during the 2025 winter-spring season, averaging 1,011 flights per day, ranking 7th nationwide [1] - The airport has added and restored 17 domestic routes, bringing the total to 146, covering approximately 60% of operational airports in the country [1] - The airport will enhance flight frequencies on popular routes, with over 10 daily flights to cities like Guangzhou, Kunming, and Urumqi, totaling 17 express routes [1][2] - Internationally, the airport aims for an average of 24 international flights per day, focusing on routes to Southeast Asia, Japan, and South Korea, as well as maintaining strong connectivity to Central Asia [2] - The airport has developed a comprehensive passenger service brand system, "Xi Yue Xing," which includes various services such as free meals and accommodation, and plans to enhance services for transit passengers [4] Domestic Routes - New and restored domestic routes include Dehong, Huai'an, Longnan, Qitai, Xiahe, Xiangxi, Balikun, and Wuyishan [1] - Daily flight frequencies to major cities will be increased, with express flights achieving hourly departures to key destinations [1][2] - The airport maintains extensive routes to Xinjiang and Tibet, with 17 daily flights to Urumqi and 6 to Kashgar [1] International Routes - The airport continues to operate flights to Central Asia, with a weekly frequency of 23 flights to cities like Almaty and Tashkent [2] - Popular Southeast Asian destinations include Bangkok and Singapore, while routes to Japan and South Korea cover major cities like Tokyo and Seoul [2] - Intercontinental flights connect to cities such as Melbourne, Moscow, and London, enhancing global connectivity [2] Service Enhancements - The "Xi Yue Xing" service brand includes 19 service items, such as free buses to the city and meal services [4] - New service products will be introduced based on passenger transit times, including museum visits and lounge access for high-speed rail connections [4]

Core Points - Starting from October 26, the civil aviation sector will enter the winter-spring flight schedule, with Capital Airlines planning to optimize flight capacity and schedules in key hub markets, particularly in the Hangzhou area [2][5] - Capital Airlines will launch four new domestic routes from Hangzhou, expanding its network to cover various popular destinations across the country [2][5] Route Expansion - New routes from Hangzhou include Hangzhou=Shenzhen, Hangzhou=Changchun, Hangzhou=Yan'an=Xining, and Hangzhou=Dali, aimed at enhancing social and economic development and cultural exchange [2][3] - The airline currently operates multiple domestic and international routes from Hangzhou, including popular domestic destinations and international cities such as Moscow, Madrid, and Melbourne [2][4] Passenger Services - Capital Airlines offers a free one-night accommodation service for transit passengers at Hangzhou Airport, along with free bus services for travelers from Qingtian to the airport [4] - The airline has introduced a one-stop international check-in service for various routes, simplifying the transfer process and enhancing travel efficiency [4] Collaboration and Ticketing - Capital Airlines has signed an international cooperation agreement with Xiamen Airlines, allowing passengers to purchase connecting tickets seamlessly through the airline's website [4] - This collaboration enables better connectivity between international routes from Hangzhou and domestic flights operated by Xiamen Airlines, providing travelers with more options [4] Product Offerings - In response to market demand, Capital Airlines plans to open 37 new routes in the winter-spring season, offering personalized products such as senior discounts and flexible ticket options [5] - The airline aims to enhance passenger experience and service quality, adhering to the principle of "genuine service" in civil aviation [5]

Core Viewpoint - The company is proactively adjusting its capacity layout and optimizing its route network in response to market demand changes, with new cargo routes being launched to enhance its service offerings and mitigate tariff policy risks [1] Group 1: Capacity and Route Adjustments - The company announced the opening of several new cargo routes including Chengdu-Dubai, Chengdu-Frankfurt, Chengdu-Amsterdam, Shanghai-Hanoi, Guangzhou-Paris, and Guangzhou-Glasgow [1] - These adjustments are aimed at enriching the route network while ensuring the smooth operation of supply chains [1] Group 2: Risk Mitigation - By diversifying its route offerings, the company aims to disperse tariff policy risks associated with international trade [1]