Core Viewpoint - The civil aviation market is entering a consolidation phase, with airlines adopting more stable pricing strategies, leading to a notable absence of significant price drops for tickets ahead of the National Day holiday [1][14]. Group 1: Ticket Pricing Trends - This year, ticket prices have remained stable, contrasting with previous years where significant price drops were common before holidays [2][11]. - As of September 26, 2025, domestic flight ticket bookings for the National Day and Mid-Autumn Festival holiday exceeded 10.19 million, with a daily booking increase of approximately 6% compared to the previous year [2]. - The average ticket price for the upcoming holiday is reported at 819 yuan, reflecting a 9.1% increase from the same period last year [3][11]. Group 2: Demand and Supply Factors - Increased demand for travel, driven by the extended holiday period and "leave-packing" strategies, has contributed to the stability of ticket prices [2][12]. - The overall flight capacity has not significantly increased, which, combined with high demand, has prevented drastic price fluctuations [12][14]. Group 3: Airline Strategies and Market Conditions - Airlines are now more adept at predicting market trends and adjusting their pricing strategies accordingly, resulting in prices that are more aligned with market demand [14]. - The three major airlines (Air China, China Eastern Airlines, and China Southern Airlines) reported a combined loss of 4.77 billion yuan in the first half of the year, indicating ongoing challenges in the market [13]. - Regulatory measures have been introduced to maintain price order in the aviation market, reflecting a shift towards more stable pricing practices [13][14].