Core Viewpoint - China Eastern Airlines Corporation Limited (00670) announced the transfer of 49% equity stake in Eastern Airlines Supply Chain from its wholly-owned subsidiary, Eastern Airlines Import and Export, to Eastern Airlines Logistics (601156) for approximately RMB 199.8 million, which will enhance the company's focus on its core aviation business [1] Group 1 - The equity transfer will result in Eastern Airlines Supply Chain becoming a wholly-owned subsidiary of Eastern Airlines Logistics [1] - The company aims to leverage the advantages of Eastern Airlines Logistics in the field of aviation material supply chain transportation and management [1] - This transaction is expected to provide more efficient and high-quality aviation material supply chain management and logistics support services for the company [1]

智通财经APP讯，中国东方航空股份(00670)公布，2026年2月9日，公司的全资附属公司东航进出口与东 航物流签署《转让协议》，东航进出口将所持东航供应链49%股权转让给东航物流，股权转让价款约为 人民币1.998亿元。 本次股权转让将有利于公司聚焦航空主业，通过本次交易，东航供应链将成为东航物流的全资子公司。 公司将充分利用并发挥东航物流在航材供应链运输和管理业务领域的优势，从而为公司提供更加高效优 质的航材供应链管理和物流保障服务。 ...

Core Viewpoint - China Eastern Airlines (600115.SH) is focusing on its core aviation business by transferring 49% equity of its associate company, Eastern Airlines Supply Chain, to Eastern Airlines Logistics, enhancing operational efficiency in the supply chain management of aviation materials [1][2] Group 1 - The equity transfer price is based on an asset valuation report, with the assessed value for the 49% equity set at 199.8465 million yuan [1] - After the transfer, Eastern Airlines Supply Chain will become a wholly-owned subsidiary of Eastern Airlines Logistics, which specializes in logistics solutions for aviation materials, including engines and precision instruments [1][2] - The transaction is expected to improve the operational efficiency and synergy of Eastern Airlines Logistics' supply chain business, providing higher quality logistics services [2] Group 2 - The company's main business, revenue, and profits are not dependent on this related party transaction, ensuring that the transaction does not affect the company's independence or harm the interests of shareholders, particularly minority shareholders [2] - The transaction will not have a significant adverse impact on the company's operations [2]

Group 1 - The core viewpoint of the article is that China International Airlines has received approval from the Shanghai Stock Exchange for its application to issue shares to specific investors, indicating compliance with issuance and listing conditions as well as information disclosure requirements [1]

Core Viewpoint - China International Airlines (601111.SH) has received a review opinion from the Shanghai Stock Exchange regarding its application for a private placement of shares, indicating that the application meets the necessary issuance and listing conditions, as well as information disclosure requirements [1] Group 1 - The application for the private placement of shares is subject to approval from the China Securities Regulatory Commission (CSRC) before it can be implemented [1] - There is uncertainty regarding whether the CSRC will grant the approval and the timeline for such a decision [1] - The company will fulfill its information disclosure obligations in a timely manner based on the progress of the application [1]

Core Viewpoint - The Cuban government has issued a warning about an impending aviation fuel shortage due to the impact of the U.S. oil blockade, which is expected to affect international airlines operating in Cuba, particularly those from the U.S., Spain, Panama, and Mexico [1] Group 1: Government Actions and Responses - The Cuban government has announced a strict emergency plan in response to the oil and derivative import crisis, which includes halting diesel sales, reducing operating hours for hospitals and government offices, and closing some hotels [1] - The U.S. has escalated pressure on Cuba's energy supply, with President Trump signing an executive order threatening tariffs on countries supplying oil to Cuba, citing national security concerns [1] Group 2: Economic Context - Cuba's energy needs are only about one-third self-sufficient, with the remaining two-thirds reliant on imports, of which approximately 30% is expected to come from Venezuela in 2025 [1] - The country is currently facing a severe economic crisis that has lasted for six years, characterized by significant economic decline, high inflation, and shortages of essential goods such as food, medicine, and fuel [1]

Group 1 - Thai Lion Air has officially launched a direct flight from Changsha, Hunan to Phuket, Thailand, and has increased the frequency of flights to Bangkok to daily [1] - During the 2026 Spring Festival travel period, Changsha Huanghua International Airport has opened or increased nearly 10 international and regional routes, enhancing travel convenience for passengers [1] - New international routes added this year include flights from Changsha to Yangon, Phuket, Ho Chi Minh City, and Jakarta, along with increased flights to Singapore, Kuala Lumpur, and Bangkok [1] Group 2 - China Southern Airlines has introduced new weekly flights from Changsha to Singapore and Ho Chi Minh City, with each route operating three times a week during the Spring Festival [1] - The passenger load factor for routes from Seoul, Hanoi, and Ho Chi Minh City to Changsha exceeded 70%, while the load factor for the Changsha to Nairobi route surpassed 85% [1] - Xiamen Airlines has launched new direct flights from Changsha to Bangkok and Kuala Lumpur, both operating daily during the Spring Festival, with the first three flights achieving a load factor above 80% [2]

《中国民航报》、中国民航网 记者钱擘 报道：2026年春运，东航客舱部临近退休的乘务员陈莉在 MU779/780"上海浦东—奥克兰"往返航班上，迎来了她32年蓝天生涯的收官任务。"我得服务好职业生 涯中的最后一个春运"，即便临近退休，陈莉仍主动申请坚守岗位，一心要站好职业生涯"最后一班 岗"。 陈莉（左二）和航班同事 陈莉在收官航程中服务旅客（本文图片均由东航提供） 这天的客舱内，她熟练协调乘务组各项工作，耐心解答旅客疑问，轻声细致叮嘱乘务员服务中要注意的 细节。在前往奥克兰的去程航班上，一名旅客突发肾结石、感觉剧痛，陈莉沉着安抚旅客情绪，迅速协 调乘务组启动应急方案。她帮助旅客将座位调换至宽敞的地方，又细心地与周边旅客沟通，征得大家的 理解与配合。之后，她始终陪伴在旅客身旁，为旅客递上温水，并为旅客热敷、缓解疼痛。在陈莉与乘 务组的悉心照顾和专业处置下，旅客症状逐渐缓解。"多亏了您的帮助，让我在飞往异国的航班上，感 受到家人般的温暖。"旅客身体好转后，向陈莉表达了感谢。 这样的暖心瞬间，不是偶然和个例，而是陈莉深耕民航32载日复一日、始终如一的日常。32年来，从初 上蓝天的青涩新人，到能够独当一面的资深客舱 ...

Core Insights - Zhengzhou Airport has experienced a significant increase in passenger traffic during the Spring Festival travel season, with over 640,000 travelers recorded in the first week, averaging 91,700 passengers per day, marking a 3.3% increase compared to the same period in 2025 [1][4] Group 1: Flight Operations - On February 4, 2026, Zhengzhou Airport executed 722 flights, setting a new record for daily flight operations [4] - From February 5 to 7, the airport maintained a high volume of over 700 flights per day, with daily passenger numbers exceeding 90,000, peaking at 95,000 on one day [4] Group 2: Passenger Services - Zhengzhou Airport has introduced various travel service products, including "Zheng Fast Travel," "Zheng Good Flight," and "Zheng Smooth Travel," enhancing service details for travelers, especially those accompanying elderly and children [4] - A temporary resting area was established in the T2 terminal to accommodate family members of travelers, allowing them to wait comfortably [4] Group 3: Security and Assistance - Security personnel at Zhengzhou Airport successfully returned a forgotten cash item to a traveler within 22 minutes, demonstrating effective customer service [5] - Volunteers assisted foreign travelers with connectivity issues, showcasing the airport's commitment to providing support [5] Group 4: Upcoming Trends - A new peak in flight and passenger volume is anticipated before the Spring Festival, with the airport and civil aviation support units preparing to ensure smooth operations, particularly for vulnerable groups [5]

Group 1 - The total inter-regional personnel flow in the society is expected to exceed 230 million people today, with a month-on-month increase of 3.4% [1] - The national road personnel flow is projected to be 218 million people today [1] - The railway is expected to send 14.25 million passengers today, with additional night high-speed trains added on major routes [1] Group 2 - The civil aviation sector is expected to send 2.348 million passengers today, representing a year-on-year growth of 5.6% [1] - Weather conditions have affected the efficiency of passenger and roll-on/roll-off ships in the Qiongzhou Strait, but normal operations have resumed [1] - The transportation department has advised travelers to pay attention to road conditions due to freezing rain in high-altitude areas of Guizhou, Hunan, and Hubei [1]