Core Insights - The 2026 Spring Festival travel season will run from February 2 to March 13, lasting 40 days, with an expected record high of 95 million passengers in civil aviation [1] - Eastern Airlines plans to deploy 822 passenger aircraft, including 14 domestically produced C919 aircraft, executing 125,000 flights during the Spring Festival period, with an average of over 3,200 flights per day, representing a year-on-year increase of approximately 3.6% compared to 2025 [1] Group 1 - The travel demand for returning home, visiting relatives, students, and tourism has seen a significant increase, particularly due to the 9-day extended holiday during the Spring Festival [3] - Popular domestic travel destinations include Sanya, Harbin, Chengdu, Haikou, and Kunming, while international routes are mainly focused on South Korea, Southeast Asia, and Australia/New Zealand [3] - The "two trips" model, where travelers return home first and then travel for tourism, is expected to become more common this year [3] Group 2 - Eastern Airlines plans to operate 742 flights from Jinan during the Spring Festival, significantly increasing capacity compared to regular days [3] - The airline connects multiple important cities in China, including Shanghai, Guangzhou, and Chengdu, and continues to operate direct flights from Jinan to Sydney, providing convenient options for travelers [3][4] - The launch of the "one-click standby" ticket purchasing feature on Eastern Airlines' official app allows travelers to apply for standby tickets easily, enhancing customer convenience [4]

Core Viewpoint - The Spring Festival travel rush at Shenzhen Airport is expected to see record-high passenger and flight volumes due to the longest holiday period in history, with various cultural activities enhancing the festive atmosphere [1] Group 1: Passenger Flow and Flight Operations - Shenzhen Airport anticipates an average of over 195,000 passengers per day during the Spring Festival travel period, with daily flight operations exceeding 1,250 [1] - The peak travel period is projected from February 19 to February 25, with an expected average of 205,000 passengers per day, and peak days on February 22 and 23 may see passenger numbers approaching 210,000 [1] - The airport is enhancing its flight offerings by launching new routes and increasing frequencies to various destinations, including international routes to Southeast Asia [2] Group 2: Service Enhancements - To accommodate the increased passenger flow, Shenzhen Airport has upgraded its security check channels and introduced new services to streamline the boarding process [4] - The airport will open check-in counters earlier and add special assistance channels for vulnerable passengers, ensuring a smooth travel experience [4] - New year-themed activities, such as a stamp collection event, are being organized to enhance the festive experience for travelers [4] Group 3: Ground Transportation - A new airport express line connecting Shenzhen to Zhongshan Xiaolan has been launched, along with free shuttle services for international and regional flight passengers [6] - The first phase of the T3 terminal's ground transportation improvement project has been completed, providing a more comfortable travel environment for passengers during the Spring Festival [6] Group 4: Travel Advisory - Travelers are advised to check flight information and weather conditions before heading to the airport, as adverse weather may impact travel [7] - Passengers should ensure their luggage complies with security regulations and be aware of entry policies for international travel [7]

Group 1 - A-shares experienced significant market activity with 77 stocks hitting the daily limit up and 14 stocks hitting the limit down on February 4 [1] - The coal sector showed strong performance, with companies like Lu'an Environmental Energy and Jinkong Coal Industry reaching the limit up [1] - The civil aviation sector also performed well, with Huaxia Airlines and China Eastern Airlines hitting the limit up [1] Group 2 - Notable continuous gainers included *ST Lifang with 6 limit ups over 9 days, and ST Jinglan with 6 limit ups over 8 days [1] - Other stocks with consecutive gains included Hangzhou Electric, Mingdiao Co., and Tiantong Co., each achieving multiple limit ups [1] - Conversely, *ST Wanfa faced a continuous decline with 17 consecutive limit downs, while *ST Jinglun and *ST Chuntian also experienced multiple days of limit downs [1]

江苏省交通运输厅4日统计，3日，江苏省"公铁水空"共发送旅客195.5万人次，城市客运发送旅客1344.7 万人次。 （文章来源：中国新闻网） 中新网南京2月4日电 4日是2026年春运第三天。中国铁路上海局集团有限公司预计，4日长三角铁路将 发送旅客238万人次，较前几日有所攀升。 当日，长三角铁路部门计划增开旅客列车169列(其中直通旅客列车101列，管内旅客列车68列)，对81列 动车组列车进行重联运行。其中，直通客流主要为东北、云贵、川渝、西北、湖南、湖北、河南等方 向，管内客流主要集中在安徽、苏北等方向。上海、南京、合肥、杭州、宁波、苏州、昆山、无锡、常 州等地火车站客流量较大。 春运期间，返乡流、探亲流、学生流、旅游客流多重叠加。东部机场集团有限公司预测，春运期间集团 将运送旅客约610万人次、同比增长约5%，其中南京禄口国际机场将运送旅客约380万人次、同比增长 约3.5%。 ...

驾驶舱内，机长刘铮和副驾驶胡雨晴一起做飞行前准备，核对航线数据、检查仪表参数，动作娴熟又严 谨。这是他经历的第16个春运，说起"老机长"的心得，他笑着说："平常心，就是最大的责任心。"春运 航班多、节奏快，更要沉下心，"把每一个操作做细，把每一个风险想在前，才能让旅客安安稳稳地到 家。""春运的核心就是'快'和'稳'。"MF8127航班的放行机务张国鹏说，机务团队总会提前进场，冬季 重点检查油液液位、防冰系统、轮胎磨损情况，"尤其是防冰系统，冬季低温容易出问题，必须万无一 失。"他望向机身，"把飞机稳稳对上廊桥，让旅客顺利登机，就是我们的目标。" 不远处，"00后"新员陈斐然正指引旅客，眼里满是认真。这是她第一次参加春运，凌晨6点出头，刚跟 着带教老师处理完紧急情况。一位旅客本该去5号登机口，却误走到了远机位22号登机口，她一路小跑 带着旅客赶上飞机。看着值机大厅瞬间涌来的人潮，小姑娘分享了她独到的心得："春运保障，还是得 吃饱喝足加油干！" 同样是"春运新人"的，还有厦航本部管培生罗泫陈。去年9月刚入职的他，正在地服部门轮岗，今年报 名了春运志愿服务。行李托运、打印登机牌、引导晚到旅客走快速通道，采访间隙， ...

Group 1 - Eastern Airlines will officially launch a new international direct flight route from Xi'an to Vienna starting April 20, increasing its total number of European routes to 27 [1] - The new route will be operated using the A330 aircraft, with flights scheduled three times a week on Mondays, Thursdays, and Saturdays [1] - The new route connects the starting point of the ancient Silk Road in Northwest China with Vienna, known as the "City of Music," enhancing economic cooperation, cultural exchange, and tourism between the two regions [1] Group 2 - Xi'an Xianyang International Airport is the largest international aviation hub in Northwest China, consistently ranking first in passenger and cargo throughput in the region [2] - The airport is projected to handle over 48 million passengers in 2025, marking a historical annual high, with international passenger numbers reaching 1.987 million, a 50% increase year-on-year [2] - The airport operates 60 international passenger routes connecting 52 major cities across 25 countries, facilitating connections to 34 destinations in 19 countries involved in the Belt and Road Initiative [2]

《中国民航报》、中国民航网 记者胡夕姮 报道：2026年春运自2月2日开始，至3月13日结束，为期40 天。华东地区各民航监管单位提前动员、深入一线，通过专项督查、机制优化、座谈部署等多种形式， 全力保障春运期间航空运行安全、有序、顺畅。 1月29日，民航华东地区管理局副局长章亚军率第四督查组赴江西地区开展春运督导。督查组分为机 场、航务、空管、通导、气象和公安六个专业小组，通过人员访谈、查阅台账、现场检查等方式，对南 昌昌北国际机场、江西航空、江西空管分局等单位开展监督检查，重点关注跑道侵入、鸟击防范、冬季 复杂天气运行等风险管控情况。 民航浙江监管局自1月30日起启动辖区重大航空运输保障工作机制，成立春运工作领导小组并组建工作 专班，要求辖区各地以机场牵头的春运工作领导小组及时启动相应的工作机制，积极配合地方政府，构 建上下衔接、政令畅通、横向协作、反应灵敏的春运指挥调配体系。 山东监管局于1月30日组织驻场航空公司召开春运及冬季运行安全专题座谈会，深入分析当前安全形 势，重点围绕信息通报、除防冰作业、作风建设等关键环节提出明确要求，进一步压实安全主体责任。 温州监管局也组织温州机场提前召开专题会议，总结 ...

Group 1 - The core viewpoint is that the extension of the Spring Festival holiday in 2026 will continue to support strong demand for family visits and travel [2] - The 2024 Spring Festival holiday will be adjusted to 8 days, extending by 1 day compared to 2023, and encouraging time off from New Year's Eve [2] - The 2025 Spring Festival holiday will increase by 1 day, optimizing the adjustment principles, and the significant "拼假" effect will be evident [2] Group 2 - The expected cross-regional personnel flow during the 2026 Spring Festival is projected to reach 9.5 billion, a year-on-year increase of approximately 5.3%, setting a new historical high [3] - The railway is expected to send 539 million passengers, a 5.0% increase year-on-year, with passenger capacity also increasing by 5.3% [3] - The civil aviation sector anticipates a passenger transport volume of 95 million, a year-on-year growth of 5.3%, with Southern Airlines and Eastern Airlines expecting daily flight increases of 4.2% and 3.6% respectively [3] Group 3 - The 2026 Spring Festival travel demand is expected to be strong, with a gradual increase in passenger flow and ticket prices maintaining year-on-year growth [4] - The pre-holiday week will see a mix of business and travel passengers, with a confirmed peak in passenger flow before the holiday [4] - The average domestic ticket price is expected to continue rising, supported by high passenger load factors and market-driven pricing [4] Group 4 - The Chinese aviation industry is anticipated to enter a "super cycle," driven by market-driven pricing and a recovery in demand and passenger structure [5] - The long-term logic will provide dual space for performance valuation, with continuous positive feedback from fundamentals and seasonal performance catalyzing market optimism [5] - Recommendations include increasing holdings in major airlines such as Air China, Juneyao Airlines, China Eastern Airlines, China Southern Airlines, and Spring Airlines [5]

公路方面，今日（4日）全国公路运行平稳有序，跨城租车订单开始逐渐增多。交通运输部指导租车企业增加机场、高铁站的租车车辆。 民航方面，今日（4日）全国民航预计保障航班19092班，预计运输旅客232万人次。多个机场为出行的老人、儿童等特殊旅客提供特色爱心服务。 责编：陈菲扬、卢思宇 总台央视记者 曹丹：今年春运期间北京西站刚刚启用的空铁联运服务柜台，旅客可以在这里办理值机手续。每天从北京西站有24趟列车直达北京大兴国际 机场，为旅客出行提供更多的便捷选择。 今天（4日）是春运第三天，记者从国铁集团获悉，今天全国铁路预计发送旅客1120万人次，计划加开旅客列车957列。今天开始发售2月18日（大年初二） 的火车票。深圳至香港，广州至武汉、重庆，北京至哈尔滨等热门区间客流相对集中。 0:00 目前2月10日至14日节前客流高峰期，北京往返上海，上海往返南京、温州等热门区间余票充足。随着客流量逐步上涨，各地交通部门也推出多项服务措 施。 ...

Group 1 - The aviation sector experienced a collective surge, with Huaxia Airlines and China Eastern Airlines hitting the daily limit, and the tourism ETF (562510) rising over 2% [1] - Recent catalysts for the aviation sector include the 2026 National Civil Aviation Work Conference's commitment to continue addressing internal competition, China Eastern Airlines' goal to return to profitability by 2025, and significant profit growth for Huaxia Airlines [1] - Caitong Securities indicates that factors previously affecting airfares are gradually improving, suggesting that the supply-demand gap in the industry will translate into fare increases, driving a performance explosion in China's civil aviation sector [1] Group 2 - The tourism ETF (562510) heavily invests in aviation and airport concepts, which are expected to benefit from the "anti-involution" measures and the travel data from the Spring Festival holiday [1]