中国民航网 通讯员叶绿洲 报道：2025年上半年，上饶机场累计完成航班起降3270架次，同比增长 44.6%；旅客吞吐量39.4万人次，同比增长63.1%，均创历史新高。这一成绩不仅标志着上饶机场在区域 航空市场中的地位日益重要，也为上饶市的经济发展和旅游业繁荣注入了新的活力。 展望未来，上饶机场将继续秉持初心，以更高站位、更实举措推动高质量发展。在安全管理上精益求 精，在服务品质上追求卓越，在航线开发上持续发力，全力推进机场建设。通过不断满足旅客日益增长 的出行需求，充分发挥航空运输的辐射带动效应，为地区发展注入强劲动力，助力上饶在新时代发展浪 潮中腾飞起航，向更加辉煌的明天迈进。（编辑：李季威 校对：张薇 审核：韩磊） 创新机制显成效 构建民航发展新格局。上饶机场旅客吞吐量的大幅跃升，背后是"民航发展政府化、航 线开发市场化、机场运营专业化"的创新发展模式持续发力。在政府层面，上饶市政府出台多项支持政 策，将机场发展纳入城市战略布局，在航线补贴、基础设施建设等方面给予大力扶持；市场层面，依托 市农文旅集团，成立专业航空发展公司与旅游公司，实现航线开发与客源拓展协同联动；运行层面，不 断提升机场运行效率与服 ...

俄罗斯联邦航空局因预期乌克兰无人机威胁而暂时暂停叶戈里耶夫斯克和伊万诺沃机场的空中交通。 ...

证券代码：000089 证券简称：深圳机场 公告编号：2025-027 一、上述数据为快报数据，与实际数据可能存在差异； 二、上述运输生产数据源自公司内部统计，仅供投资者参考。 深圳市机场股份有限公司 深圳市机场股份有限公司董事会 关于 2025 年 5 月生产经营快报的 二〇二五年六月十六日 自愿性信息披露公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、误导 性陈述或重大遗漏。本公告属自愿性信息披露。 | 项目 本月实际 | | 同比增长 | 本年累计 | | 同比增长 | | --- | --- | --- | --- | --- | --- | | 旅客吞吐量（万人次） | 553.87 | 15.67% | 2,741.11 | 11.12% | | | 其中：国内航线 | 501.62 | 14.42% | 2,485.09 | 9.25% | | | 地区航线 | 4.23 | 11.78% | 19.42 | 5.28% | | | 国际航线 | 48.02 | 30.99% | 236.59 | 36.31% | | | 货邮吞吐量（万吨） | 16.87 | 9 ...

Core Viewpoint - Baiyun Airport aims to achieve a passenger throughput of over 80 million for the year 2025 despite slow growth in Q1 due to ongoing construction impacts [2]. Financial Performance - In Q1 2025, Baiyun Airport reported a main revenue of 1.822 billion yuan, an increase of 9.52% year-on-year; net profit attributable to shareholders was 296 million yuan, up 57.71% year-on-year; and net profit excluding non-recurring items was 265 million yuan, a rise of 42.38% year-on-year [5]. - The company's debt ratio stands at 31.0%, with investment income of 28.53 million yuan and financial expenses of 19.58 million yuan, resulting in a gross profit margin of 27.85% [5]. Asset Depreciation - The depreciation period for terminal buildings is set at 40 years, while the main runway has a depreciation period of 30 years; other related facilities and equipment have varying depreciation periods from 4 to 15 years [4]. Profit Distribution Policy - The company emphasizes investor returns, with a historical dividend payout ratio of approximately 47%. It has established a medium to long-term cash dividend plan and aims to provide continuous and stable cash dividends to investors, sharing development results [5]. Market Ratings - Over the past 90 days, four institutions have rated the stock, with two buy ratings and two hold ratings. The average target price from institutions is 10.95 yuan [5]. Financing and Margin Data - In the last three months, the stock has seen a net outflow of 121 million yuan in financing, with a decrease in financing balance; however, there has been a net inflow of 1.4481 million yuan in securities lending, indicating an increase in securities lending balance [7].

Financial Data and Key Metrics Changes - Total passenger traffic grew by over 7% year over year, exceeding 9% when excluding the discontinued Natal concession [5][6] - Revenues increased by 6% year over year, and nearly 12% on an ex IAS 29 basis [6][19] - Adjusted EBITDA reached $156 million, up 4% excluding IAS 29, with a margin of 38.2% [7][24] - Total revenues ex IFRIC 12 increased by 6.4% year on year or 11.5% on an ex IAS 29 basis [19] - Total costs and expenses excluding IFRIC 12 rose by 17.7% year over year [22] Business Line Data and Key Metrics Changes - Aeronautical revenues increased by 6.8% year over year, or 12.7% when excluding IAS 29, driven by strong performance in Argentina [20] - Commercial revenues grew by 6.1% year over year, primarily from parking facilities, VIP lounges, and duty-free stores [21] - Cargo volumes were up 9% year over year, with strong growth in Uruguay and Argentina [17][18] Market Data and Key Metrics Changes - In Argentina, passenger traffic rose over 12%, with international traffic increasing by 21% year over year [10][11] - Italy saw traffic growth of over 10%, with international traffic accounting for roughly three-quarters of total volume [12] - Brazil experienced mid-single-digit traffic growth year over year, with international traffic up 28% [13] - In Uruguay, total traffic increased in low single digits, benefiting from new international routes [14] Company Strategy and Development Direction - The company is focused on pursuing both organic and inorganic growth opportunities to expand its airport portfolio [26][30] - Ongoing negotiations with the Argentine government regarding the revision of the AA2000 concession agreement [30] - Expansion plans in Italy are progressing, with a positive environmental review for the Florence Master Plan [30] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the strength of passenger demand, particularly in Argentina and Italy [28][44] - The company anticipates continued positive traffic trends, supported by new operations and strong demand [30][44] - Management remains committed to maintaining strict cost discipline, especially in Argentina [22][51] Other Important Information - The company closed the quarter with a liquidity position of $524 million and a net leverage ratio of 1.1 times [25][26] - Recent awards for operational excellence were received by Carrasco International Airport and Brasilia Airport, highlighting the company's commitment to quality service [31][32][33] Q&A Session Summary Question: Information on the Montenegro proposal and traffic outlook for Argentina - Management provided details on the Montenegro proposal, highlighting its potential for tourism growth and targeting mid-teens IRR [39][41] - Traffic in Argentina is expected to remain strong, with several new routes starting operations [43][44] Question: Cost control initiatives and potential impacts of government changes in Argentina - Management discussed ongoing cost control measures and the expectation of normalized cost growth in line with inflation [51][52] - The impact of government changes on the concession process is uncertain, but management does not foresee significant delays [55][56] Question: Update on expansions in Italy - Management indicated that the environmental impact approval process is progressing well, with updates expected by the third quarter [67][68]

Financial Data and Key Metrics Changes - Total passenger traffic grew by over 7% year over year, exceeding 9% when excluding the discontinued Natal concession [5][6] - Revenues increased by 6% year over year, and nearly 12% on an ex IAS 29 basis [6][21] - Adjusted EBITDA reached $156 million, up 4% excluding IAS 29, with a margin of 38.2% [7][25] - Total revenues ex IFRIC 12 increased by 6.4% year on year or 11.5% on an ex IAS 29 basis [21] - Total costs and expenses excluding IFRIC 12 rose by 17.7% year over year [24] Business Line Data and Key Metrics Changes - Domestic traffic increased by 4% year over year, or nearly 8% when excluding Natal [9] - International traffic rose by close to 13% year over year, with Argentina and Italy leading the growth [10] - Aeronautical revenues were up 6.8% year over year, or 12.7% when excluding IAS 29, driven by strong performance in Argentina [22] - Commercial revenues increased by 6.1% year over year, primarily from parking facilities and duty-free stores [23] Market Data and Key Metrics Changes - In Argentina, passenger traffic rose over 12%, with domestic traffic growing by 9% and international traffic increasing by 21% [10][12] - Italy saw traffic up over 10%, with domestic traffic growing over 17% year over year [13] - Brazil experienced mid-single-digit growth in traffic year over year, with international traffic growing by 28% [14] - In Uruguay, total traffic was up low single digits, benefiting from new international routes [15] Company Strategy and Development Direction - The company is focused on pursuing both organic and inorganic growth opportunities to expand its airport portfolio [29][33] - Ongoing negotiations with the Argentine government regarding the revision of the AA2000 concession agreement [32] - Expansion plans in Italy are progressing, with a positive environmental review for the Florence Master Plan [33] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the strength of passenger demand, particularly in Argentina and Italy, with expectations for continued positive traffic trends [31][45] - The company anticipates a strong summer season in both Italy and Armenia [34] - Management highlighted the importance of maintaining strict cost discipline, especially in Argentina [24][52] Other Important Information - The company closed the quarter with a total liquidity position of $524 million and a net leverage ratio of 1.1 times [28][29] - Cargo volumes increased by 9% year over year, with a new cargo business model implemented in Argentina [18][20] Q&A Session Summary Question: Information on the Montenegro proposal and traffic outlook for Argentina - Management provided details on the Montenegro proposal, highlighting its potential for tourism growth and targeting mid-teens IRR [42][43] - Traffic in Argentina is expected to remain strong, supported by new routes and healthy demand [45] Question: Cost control initiatives and potential impacts from government changes in Argentina - Management discussed ongoing cost control measures and expected normalized cost increases, emphasizing a focus on maintaining costs despite inflation [52] - The impact of government changes on the concession process is uncertain, but management does not foresee significant delays [58] Question: Update on expansions in Italy - Management indicated that the environmental impact approval process is progressing well, with expectations for updates by the third quarter [74]

深圳机场（000089）公告，2025年4月旅客吞吐量为532.02万人次，同比增长23.50%；货邮吞吐量为 16.72万吨，同比增长17.27%；航班起降架次为35939架次，同比增长17.10%。2025年累计旅客吞吐量为 2187.24万人次，同比增长10.03%；货邮吞吐量为62.67万吨，同比增长14.33%；航班起降架次为14.77万 架次，同比增长5.82%。 ...

Core Insights - Baiyun Airport (600004) reported significant growth in operational data for April 2025, indicating a strong recovery in air travel demand post-pandemic [1] Operational Performance - The total number of takeoffs and landings reached 44,371, representing a year-on-year increase of 25.18% [1] - Domestic flights accounted for 34,482 takeoffs, up 26.65% year-on-year [1] - Regional flights saw a slight decline, with 386 takeoffs, down 2.53% year-on-year [1] - International flights totaled 9,503, marking a 21.44% increase compared to the previous year [1] Passenger Traffic - Passenger throughput reached 6.6636 million, reflecting a year-on-year growth of 26.31% [1] - Domestic passenger numbers were 5.2373 million, up 26.72% year-on-year [1] - Regional passenger traffic was 58,747, showing a modest increase of 0.66% [1] - International passenger volume reached 1.3675 million, with a year-on-year growth of 26.13% [1] Cargo and Mail Volume - Cargo and mail throughput totaled 198,800 tons, representing a year-on-year increase of 6.80% [1] - Domestic cargo volume was 68,530.57 tons, up 15.92% year-on-year [1] - Regional cargo volume decreased slightly to 6,586.41 tons, down 0.62% year-on-year [1] - International cargo volume reached 123,700 tons, reflecting a year-on-year growth of 2.73% [1]