（原标题：港股异动 | 南方航空(01055)涨超6% 三季度归母净利同比增两成至38.4亿元） 智通财经APP获悉，南方航空(01055)涨超6%，截至发稿，涨6.02%，报4.93港元，成交额3835.69万港 元。 消息面上，中国南方航空股份发布公告称，2025年前三季度，营业收入1376.65亿元(人民币，下同)，同 比增长2.23%；归属于上市公司股东的净利润23.07亿元，同比增长17.40%。其中三季度公司实现收入 513.74亿元，同增3.0%；归母净利润38.40亿元，同增20.3%。 华泰证券表示，往后展望，新航季时刻数同比持续收紧，景气呈现底部好转迹象，叠加反内卷和低基 数，该行认为票价同比转正有望在4Q延续。中长期行业供给增速或将保持低位，支撑收益水平改善， 同时油价下跌有望降低航司成本压力，共同推动航司兑现盈利弹性。 ...

Core Insights - The Civil Aviation Administration of China has announced the winter-spring schedule for 2025, with domestic flight schedules contracting for two consecutive seasons, showing a decrease of 1.0% in 2024 and 1.8% in 2025 [1] - Domestic average ticket prices have increased by 5.9%, with an average daily passenger load factor of 87.9%, which is an increase of 3.5 percentage points compared to the same period in 2024 [1] - The international market is experiencing a peak after the summer season, with daily international passenger flights exceeding 2000, marking a 10.6% increase compared to the National Day holiday in 2024 [1] - Shipping giants like MSC, CMA CGM, and Hapag-Lloyd have collectively raised prices on multiple routes, with increases ranging from $600 to $2000 per container, indicating a structural upward cycle in the shipping industry [1] - Analysts attribute the price hikes to a combination of reduced capacity at European and American ports, adjustments in Red Sea and African routes, and global manufacturing restocking [1] - Oil prices have declined for three consecutive weeks, with the average price of jet fuel in October showing a year-on-year decrease of 0.1% [1] - The aviation sector is expected to benefit from fiscal policies, with potential cost advantages from falling oil prices, although exchange rate pressures remain [1] Industry Performance - Domestic ticket prices have turned positive, increasing by 3.0% from week 36 to week 41, aided by industry "de-involution" and improved revenue management by airlines [2] - The decline in oil prices is anticipated to alleviate cost pressures, enhancing airlines' profitability [2] - The appreciation of the Renminbi is also seen as a significant support factor for the industry [2] Related Companies - China Eastern Airlines (00670) [3] - China Southern Airlines (600029) (01055) [3] - Air China (601111) (00753) [3] - Cathay Pacific Airways (00293) [3]