航旅纵横作为中国航信旗下平台，依托权威的民航数据资源与技术服务能力，激活用户量超1.6亿。未 来，平台将持续优化全流程出行体验，让旅客出行更加高效、便捷、愉悦，深度赋能行业数智化建设， 为谱写交通强国建设民航新篇章、构建新发展格局贡献力量。（编辑：陈虹莹 校对：李佳洹 审核：韩 磊） "民航官方直销平台"为各航空公司搭建了直接面向旅客销售机票产品的便捷渠道，同时也为广大旅客提 供了一站式的官方购票模式。该平台主打"六大承诺"，包括价格透明、无捆绑销售、严格执行航司退改 规则、杜绝大数据杀熟、保护用户数据安全和报销凭证真实。同时，多家航空公司已在该平台上线专属 优惠机票产品，精准覆盖首乘旅客、无托运行李旅客、学生等不同出行群体。 《中国民航报》、中国民航网 记者陈虹莹 报道：近期，航旅纵横"民航官方直销平台"正式上线奥凯航 空机票，至此已实现中国境内全部 40 家航空公司的入驻。 ...

Core Viewpoint - The report maintains a "Buy" rating for China Civil Aviation Information Network (00696), citing the recovery of the civil aviation industry, increased marketing investments, and improved operational efficiency as key factors for growth [1] Group 1: Company Overview - China Civil Aviation Information Network is a leading supplier of IT solutions for the aviation travel industry, deeply involved in the construction, technological iteration, and service upgrades of civil aviation information systems since its inception [1] - The company is the largest GDS supplier in China and ranks among the top three globally, with a market share of approximately 28% worldwide and about 95% domestically [1] Group 2: Industry Growth - The civil aviation industry is experiencing stable growth in both volume and price, with a strong correlation between the company's performance and the industry's growth [2] - The number of passengers is expected to reach new highs, with the company's ETD system projected to handle 732 million flight bookings in 2024, surpassing the peak in 2019 [3] - Over the next decade, the average number of flights per person in China is expected to double, with a CAGR of approximately 6%, and the number of airports increasing from 263 to 400, with a CAGR of around 4% [3] Group 3: Market Opportunities - The launch of the "Civil Aviation Official Direct Sales Platform" in July 2025 marks the company's entry into the trillion-yuan OTA market, addressing airlines' over-reliance on traditional OTAs [4] - Airlines are expected to return to near breakeven in 2024, which will positively impact the company's average selling price (ASP) [3] - The increase in visa-free policies is expected to boost the volume of cross-border tourists, leading to an improvement in ASP [3]