Core Insights - The Chinese air cargo industry is experiencing significant growth driven by policies aimed at enhancing international air cargo capabilities, ensuring supply chain stability, and reducing logistics costs [2] - The performance of air cargo companies has outpaced passenger transport, with notable increases in fleet size and route networks [2][3] Industry Performance - In the first half of 2025, China's air cargo transport volume reached 4.784 million tons, a year-on-year increase of 14.6%, with international routes showing a remarkable growth of 23.4% [4] - The total number of international cargo routes increased by 58.1% year-on-year, with 117 new routes added, primarily in Asia and Europe [6] Company Developments - China International Cargo Airlines (China Cargo) reported a revenue of 10.935 billion yuan, up 21.92%, and a net profit of 1.240 billion yuan, up 86.15% in the first half of 2025 [3] - SF Airlines, under SF Express, has expanded its fleet to 90 aircraft and launched a new international route connecting Ezhou, Miami, and Shenzhen [5] Fleet Expansion - The demand for air cargo has led to an increase in the number of cargo aircraft, with companies like JD Airlines and SF Airlines actively expanding their fleets and networks [7][8] - The introduction of wide-body freighters, such as the Boeing 777F, is becoming more common among Chinese airlines, enhancing long-haul cargo capabilities [4][9] Aircraft Modification and Manufacturing - The trend of converting retired passenger aircraft into freighters is prevalent, with companies like Shandong Airlines leading in the modification of Boeing 737-800BCF models [8] - Airbus is also expanding its presence in the cargo market by offering conversion services for its A330 and A320 series aircraft in China [9][10]

转自：北京日报客户端 从上海到埃及开罗，从西安到澳大利亚珀斯，一架架飞机腹舱中，沉睡的文明瑰宝正跨越大陆与海洋。 今年，多起重要文物运输任务在航空公司间悄然展开：中国国际货运航空股份有限公司（简称国货航） 承担国家文物局多批次文物回归任务，东航旗下东航物流所属中国货运航空（简称中货航）承运的古埃 及文物从上海返回埃及开罗，国泰货运护送陕西10尊兵马俑及逾200件文物赴澳大利亚展出。这些跨越 时空的文明使者，在航空公司的精密保障下，安全顺利地完成了跨国"旅行"。 运送"古埃及文明大展"展品返回埃及。汪洋 摄 01 每件文物都有 在文物的航空运输中，包装是第一道防线。国货航制订了专箱单装、加固保护的定制化方案，每件文物 被单独安置在高强度加固的航空集装箱中，内部加装固定绑带与缓冲木垫层，增强抗震、防冲击能力。 集装箱封装后再加装锁扣、缠膜及一次性封条，形成防盗、防水、防损的多重保护体系，堪称"移动的 保险库"。 专属的"空中保险库" 4月19日，CA982纽约—北京航班安全运送41件玉器、陶器等文物艺术品；5月29日，CA174悉尼—北京 航班承运包括彩绘陶俑、铜鎏金佛像、潜龙化石、青铜牺尊、玉簪在内的多件文物艺 ...

Group 1: Financial Performance - In the first half of 2025, the company achieved a revenue of 10.935 billion yuan, representing a year-on-year growth of 21.92% [2] - The net profit attributable to shareholders was 1.240 billion yuan, with a year-on-year increase of 86.15% [2] - The net profit excluding non-recurring gains and losses was 1.198 billion yuan, reflecting an 82.64% year-on-year growth [2] Group 2: Business Segments Performance - The air cargo segment saw a revenue increase of 16.51% and a cost increase of 11.25%, resulting in a gross margin increase of 3.91 percentage points [3] - The air cargo station segment experienced a revenue growth of 2.15% and a cost decrease of 0.05%, leading to a gross margin increase of 2.10 percentage points [3] - The comprehensive logistics segment reported a revenue increase of 53.78% and a cost increase of 45.07%, with a gross margin increase of 5.02 percentage points [3] Group 3: Strategic Collaborations - The company has a diverse and stable shareholder structure, enhancing collaboration with strategic partners like Cainiao Network, Shenzhen International, and Cathay Pacific [3] - Continuous optimization of cooperation routes and expansion of collaboration models with strategic shareholders are ongoing [3] Group 4: Future Plans - The company has established a three-year shareholder return plan post-IPO, focusing on enhancing cash dividend stability and predictability [4] - Future development plans for air cargo stations include strengthening hub capabilities and improving service quality [4] - The company is actively advancing the introduction of two remaining A330 aircraft for cargo conversion as part of its "14th Five-Year Plan" [4]

Group 1 - Poland's Prime Minister Tusk announced the reopening of the border with Belarus on September 25, following a complete closure on September 11 due to military exercises by Russia and Belarus [1][2] - The closure of the border disrupted the China-Europe Railway Express, causing significant impacts on trade logistics between China and Europe [1][4] - The China-Europe Railway Express is a crucial land freight route connecting China and Europe, with approximately 90% of its trains entering the EU through Poland [4] Group 2 - Some companies have shifted from using the China-Europe Railway Express to maritime transport due to the border closure, resulting in longer shipping times of about 60 days compared to 30-40 days by rail [7][9] - The "Istanbul Bridge" vessel has initiated a new Arctic shipping route, significantly reducing transit time to Europe to just 18 days, marking a new record for China-Europe shipping efficiency [9] - This Arctic route is part of the "Belt and Road" initiative and aims to provide faster and more sustainable logistics options for industries such as high-end manufacturing and cross-border e-commerce [9]

Core Points - The Ezhou Huahu International Airport's North Cargo Area has successfully obtained the CEIV lithium battery certification from IATA, making it the first international cargo station in Hubei Province to achieve this qualification [1][3] - This certification indicates that the cargo station has met international standards in operational processes, personnel training, infrastructure, and emergency response, effectively addressing the transportation needs for high-risk goods [3][4] Group 1 - The CEIV lithium battery certification aims to enhance compliance and safety across all transportation stages, filling a qualification gap in Hubei Province for international air transport of lithium batteries [3] - The cargo station features a total building area of 22,600 square meters, with a well-planned layout that includes nine types of hazardous goods storage facilities, ensuring safe handling of various special goods [3][4] - The cargo station has processed over 114,000 tons of cargo, with a record single-day handling capacity of 1,249 tons, demonstrating strong operational capabilities [4] Group 2 - The certification will strengthen Ezhou Huahu International Airport's position as a leading cargo hub, providing safer and more stable transportation services for industries such as new energy vehicles and consumer electronics [4] - The cargo station has established a professional talent system, with all key personnel involved in lithium battery operations having completed necessary training, ensuring reliable transportation services [4]

Core Viewpoint - SF Airlines has launched its first international cargo route from Ezhou to Miami, marking a significant expansion of its North American operations and enhancing its international logistics capabilities [1] Group 1: New Route Launch - On September 15, a Boeing 747-400 cargo aircraft from SF Airlines carried nearly 100 tons of goods from Ezhou to Miami, initiating the "Ezhou-Miami-Shenzhen" international cargo route [1] - Miami becomes the sixth city in North America where SF Airlines operates, following Los Angeles, New York, Anchorage, Huntsville, and Halifax [1] - The new route connects three major air hubs: Ezhou, Miami, and Shenzhen, facilitating the expansion of import and export logistics between China and the U.S. [1] Group 2: Strategic Importance - Miami is a key hub for connecting North America with Latin America and is a critical area for multinational corporations, cross-border e-commerce, and manufacturing [1] - The opening of the new route enhances SF Airlines' logistics reach and service competitiveness in the southeastern region of the U.S. [1] Group 3: International Expansion Efforts - In 2023, SF Airlines has accelerated its international development by leveraging its fleet of 90 cargo aircraft, launching its first fifth-freedom route from Ezhou to New York and Halifax [1] - The company has established its first international representative office in Belgium and has increased flight frequencies to South Asia and Southeast Asia, successfully launching routes to Sri Lanka and Laos [1] - SF Airlines aims to integrate fleet resources and network advantages to deepen its presence in the international air logistics market [2]

Core Viewpoint - Zhengzhou is enhancing its international trade capabilities and positioning itself as a hub for global commerce through innovative policies and strategic initiatives aimed at boosting foreign trade and investment [1][2][4]. Group 1: International Trade and Economic Growth - Zhengzhou's foreign trade has shown significant growth, with a total import and export value of 3634.9 billion yuan in the first eight months of the year, representing a year-on-year increase of 27.7% [4]. - The city has successfully attracted foreign investment, with foreign-invested enterprises achieving an import and export value of 779.1 billion yuan in the first half of the year, a year-on-year increase of 83.2% [5]. Group 2: Policy Innovations and Institutional Reforms - Zhengzhou has implemented a series of institutional innovations, with 394 innovation results formed in the past eight years, 14 of which have been replicated nationwide [2][3]. - The city is focusing on optimizing the business environment at ports and enhancing cross-border trade facilitation through new models such as "zone-port integration" [3]. Group 3: Global Connectivity and Partnerships - Zhengzhou has established trade relations with 226 countries and regions, with the EU, ASEAN, Japan, India, and the US being the top five trading partners [7]. - Recent international cooperation initiatives include trade negotiations with Brazil and Chile, and the signing of 13 key cooperation projects during the "Air Silk Road" forum in Kuala Lumpur [7][8]. Group 4: Infrastructure and Logistics Development - The city is enhancing its logistics capabilities with new transportation models that reduce cargo damage and improve transfer efficiency at air cargo stations [2]. - Zhengzhou is actively integrating into global supply chains and enhancing its logistics infrastructure to support its growing trade activities [6].

（文章来源：央视新闻） 人民财讯9月20日电，近日，进出境货物在机场"空侧直通"新模式在新疆落地。这一新举措使得国际与 国内航班转运的货物通关时效得到大大提升。乌鲁木齐天山机场海关副关长刘竟易表示，"空侧直通"模 式打通了国内、国际货站的物理隔断，通关时效提升90%以上。 ...

在产品层面，喜鹊到围绕多元需求打造了精准化的服务矩阵：国内标准空运主打"标快一日达"，以高性价比服务稳定保障日常物流需求;"鹊是快"作为极速 产品推出"半日达"时效承诺，并提供"晚必赔"保障，满足生鲜、急件等高时效场景需求。 其创新的OTA模式不仅改变了用户的发货体验，也为行业伙伴带来系统化赋能。喜鹊到自主研发的IFS智能货运系统(Intelligent Freight System)，为航空公 司、货代企业等B端用户提供舱位管理、动态定价、智慧调度等数字化支持，显著提升运营效率，降低行业综合成本。 曾经饱受信息不透明、流程冗长、比价困难等问题的航空货运行业，正被一家中国科技平台重新定义。近日，全国首家航空货运OTA平台"喜鹊到"宣布其累 计平台交易额突破30亿元，标志着航空物流数字化整合取得里程碑式进展。这一成绩背后，是中国在智慧物流基础设施建设与模式创新领域的最新突破。 在国家持续推进物流强国战略与"互联网+物流"深度融合的背景下，喜鹊到依托上海均瑶集团的资源与技术优势，打造出真正实现"运力在线化、服务商品 化"的一站式空运平台。用户可通过系统一键查询全国超过5000条航线、1.5万个日均航班资源，实时比 ...

Core Viewpoint - The company is proactively adjusting its capacity layout and optimizing its route network in response to market demand changes, with new cargo routes being launched to enhance its service offerings and mitigate tariff policy risks [1] Group 1: Capacity and Route Adjustments - The company announced the opening of several new cargo routes including Chengdu-Dubai, Chengdu-Frankfurt, Chengdu-Amsterdam, Shanghai-Hanoi, Guangzhou-Paris, and Guangzhou-Glasgow [1] - These adjustments are aimed at enriching the route network while ensuring the smooth operation of supply chains [1] Group 2: Risk Mitigation - By diversifying its route offerings, the company aims to disperse tariff policy risks associated with international trade [1]