货运方面，货运运力投入(按可用货运吨公里计)同比上升3.3%，货邮周转量(按收入货运吨公里计)同比 上升7.9%。货运载运率为42.9%，同比上升1.8个百分点。 2025年7月，集团共引进1架C919飞机、1架A320系列飞机和1架B737系列飞机，退出2架A330系列飞 机。截至2025年7月底，集团合计运营935架飞机，其中自有飞机417架，融资租赁224架，经营租赁294 架。 格隆汇8月15日丨中国国航(00753.HK)公告，2025年7月，中国国际航空股份有限公司(以下简称"公司") 及所属子公司(以下简称"集团")合并旅客周转量(按收入客公里计)同比上升。客运运力投入(按可用座位 公里计)同比上升2.3%，旅客周转量同比上升2.2%。其中，国内客运运力投入同比下降0.4%，旅客周转 量同比下降0.2%；国际客运运力投入同比上升10.3%，旅客周转量同比上升9.7%；地区客运运力投入同 比下降3.9%，旅客周转量同比下降3.4%。平均客座率80.1%，同比下降0.1个百分点。其中，国内航线同 比上升0.1个百分点，国际航线同比下降0.4个百分点，地区航线同比上升0.3个百分点。 ...

南方航空（600029）(600029.SH)发布公告，2025年7月，集团客运运力投入(按可利用座公里计)同比上 升6.66%，其中国内、地区和国际分别同比上升5.69%、1.01%和9.97%;旅客周转量(按收入客公里计)同 比上升7.29%，其中国内、地区和国际分别同比上升6.54%、2.97%和9.85%;客座率为84.38%，同比上升 0.50个百分点，其中国内和地区分别同比上升0.67和1.56个百分点，国际同比下降0.09个百分点。 货运方面，2025年7月，货运运力投入(按可利用吨公里—货邮运计)同比上升0.22%;货邮周转量(按收入 吨公里—货邮运计)同比上升3.60%;货邮载运率为50.89%，同比上升1.66个百分点。 ...

Core Viewpoint - China Southern Airlines (600029.SH) reported an increase in passenger capacity and turnover for July 2025, indicating growth in both domestic and international markets [1] Passenger Operations - Passenger capacity (measured in available seat kilometers) increased by 6.66% year-on-year, with domestic, regional, and international segments rising by 5.69%, 1.01%, and 9.97% respectively [1] - Passenger turnover (measured in revenue passenger kilometers) rose by 7.29% year-on-year, with domestic, regional, and international segments increasing by 6.54%, 2.97%, and 9.85% respectively [1] - The passenger load factor was 84.38%, up by 0.50 percentage points year-on-year, with domestic and regional segments increasing by 0.67 and 1.56 percentage points, while international load factor decreased by 0.09 percentage points [1] Cargo Operations - Cargo capacity (measured in available ton kilometers) increased by 0.22% year-on-year [1] - Cargo turnover (measured in revenue ton kilometers) rose by 3.60% year-on-year [1] - The cargo load factor was 50.89%, up by 1.66 percentage points year-on-year [1]

Core Viewpoint - China Eastern Airlines (600115.SH) reported an increase in passenger capacity and turnover for July 2025, indicating growth in operational performance and demand in the airline industry [1] Group 1: Passenger Operations - The passenger capacity input (measured in available seat kilometers) for July 2025 is expected to rise by 7.39% year-on-year [1] - The passenger turnover (measured in revenue passenger kilometers) is projected to increase by 9.42% year-on-year [1] - The passenger load factor stands at 84.76%, reflecting a year-on-year increase of 1.58 percentage points [1] Group 2: Cargo Operations - The cargo and mail turnover (measured in cargo mail ton kilometers) is anticipated to grow by 10.53% year-on-year for July 2025 [1]

相关报告：智研咨询发布的《2025-2031年中国民航客运行业市场竞争态势及未来趋势研判报告》 2025年1-5月，全国旅客周转量为14426.81亿人公里，累计增长5.2%；2025年5月，全国旅客周转量当期 值为2960.19亿人公里，同比增长7.8%，增速比上年同期提高2.5个百分点，环比增长4.17%。 数据来源：国家统计局 数据来源：国家统计局 ...

Core Viewpoint - China National Airlines (601111) reported an increase in passenger turnover and capacity for May 2025, indicating a positive trend in the airline's operational performance [1] Group 1: Passenger Metrics - The consolidated passenger turnover (measured in revenue passenger kilometers) increased year-on-year [1] - Passenger capacity input (measured in available seat kilometers) rose by 4.5% year-on-year [1] - Passenger turnover increased by 8.4% year-on-year [1] - The average passenger load factor was 81.3%, up by 2.9 percentage points year-on-year [1] Group 2: Cargo Metrics - Cargo capacity input (measured in available cargo ton kilometers) increased by 2.2% year-on-year [1] - Cargo and mail turnover (measured in revenue cargo ton kilometers) rose by 6.2% year-on-year [1] - The cargo load factor was 41.5%, an increase of 1.6 percentage points year-on-year [1]

Core Viewpoint - The announcement from China Southern Airlines indicates a significant increase in both passenger and cargo capacity and performance metrics for April 2025 compared to the previous year [1] Passenger Operations - Passenger capacity (measured in available seat kilometers) increased by 8.83% year-on-year [1] - Passenger turnover (measured in revenue passenger kilometers) rose by 12.14% year-on-year [1] - The passenger load factor reached 85.58%, an increase of 2.53 percentage points year-on-year [1] Cargo Operations - Cargo capacity (measured in available ton kilometers) increased by 14.46% year-on-year [1] - Cargo turnover (measured in revenue ton kilometers) grew by 6.63% year-on-year [1] - The cargo load factor was 51.38%, a decrease of 3.78 percentage points year-on-year [1]