Group 1 - The core viewpoint of the article highlights a significant increase in airline stocks, with China National Aviation (00753) rising by 5.49% to HKD 7.49, Eastern Airlines (00670) up by 5.17% to HKD 6.1, Southern Airlines (01055) increasing by 4.92% to HKD 6.4, and Cathay Pacific (00293) rising by 0.97% to HKD 12.52 [1] - The 2026 Spring Festival holiday has been extended, which is expected to boost travel for family visits and tourism [1] - The national Spring Festival transportation meeting forecasts that cross-regional personnel flow during the 2026 Spring Festival will reach 9.5 billion trips, a year-on-year increase of approximately 5.3%, setting a new historical high [1] Group 2 - Data from the travel industry indicates that as of January 29, domestic flight bookings have exceeded 7.16 million, with an average daily ticket booking volume increasing by 16% year-on-year [1] - Galaxy Securities notes that high-frequency booking data corroborates official transportation volume forecasts, reflecting strong demand for civil aviation travel, which, combined with a steady release of flight supply, is expected to support improvements in both passenger flow and revenue levels during the Spring Festival [1]