临时公告 证券代码：600221、900945 证券简称：海航控股、海控 B 股 编号：临 2025-118 海南航空控股股份有限公司 2025 年 11 月主要运营数据公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或 者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 2025 年 11 月，海南航空控股股份有限公司及所属子公司（以下简称"本集团"） 合并主要运营数据如下： | 载运量 | 年 2025 11 | 月 | 年累计 2025 | | | --- | --- | --- | --- | --- | | 数值 | | 同比变动（%） | 数值 | 同比变动（%） | | 收入客公里（RPK）（百万） | | | | | | 国内 | 7959.39 | 4.49 | 99347.66 | 2.73 | | 地区 | 18.54 | 2.03 | 264.42 | 29.52 | | 国际 | 2136.45 | 24.36 | 24326.49 | 43.08 | | 合计 | 10114.39 | 8.14 | 123938.57 | 8.80 | | 收入吨 ...

Investment Rating - The report initiates coverage with a rating of "Buy" for China National Aviation [1][6] Core Views - China National Aviation is the only flag carrier in China and has entered the first tier of global aviation companies. The growth of the civil aviation fleet in China is showing a "step-down" trend, while the continuous warming of the tourism market will help drive demand for air travel. The average price of aviation kerosene has decreased compared to the same period last year, which is beneficial for improving the company's profitability [1][4][9]. Summary by Sections Company Overview - China National Aviation has a broad international route network and a balanced domestic and international network, covering economically developed and densely populated areas in China. The company aims to build a global leading airline by leveraging its operational advantages in Beijing [1][18][25]. Business Model - The main business is air passenger services, which typically account for nearly 90% of total revenue. In 2024, air passenger revenue is expected to account for 91% of total revenue, while air cargo and postal services will account for only 4% [26][28]. Financial Performance - The company achieved a record total revenue of RMB 166.7 billion in 2024, a year-on-year increase of 18.14%. The revenue for the first three quarters of 2025 was RMB 129.8 billion, reflecting a year-on-year growth of 1.31% [43][48]. The net profit attributable to shareholders is projected to be RMB 1.56 billion in 2025, with an EPS of RMB 0.09 [6][8]. Market Dynamics - The aviation industry in China has seen a 172.8% increase in passenger transport volume over the past 15 years, with ticket prices gradually becoming market-oriented. The three major airlines (China National Aviation, China Eastern Airlines, and China Southern Airlines) account for 62.64% of the total transport turnover in 2024 [56][58][60]. Operational Metrics - In 2024, the available seat kilometers (ASK) reached 356.11 billion, a year-on-year increase of 21.74%, while the revenue passenger kilometers (RPK) reached 284.33 billion, a year-on-year increase of 32.76%, resulting in a passenger load factor of 79.78% [28][34].

证券代码：600221、900945 证券简称：海航控股、海控 B 股 编号：临 2025-104 海南航空控股股份有限公司 2025 年 10 月主要运营数据公告 临时公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或 者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 2025 年 10 月，海南航空控股股份有限公司及所属子公司（以下简称"本集团"） 合并主要运营数据如下： | 载运量 | 年 2025 10 | 月 | 年累计 2025 | | | --- | --- | --- | --- | --- | | 数值 | | 同比变动（%） | 数值 | 同比变动（%） | | 收入客公里（RPK）（百万） | | | | | | 国内 | 9197.70 | 3.15 | 91388.28 | 2.58 | | 地区 | 21.00 | -11.07 | 245.88 | 32.21 | | 国际 | 2434.93 | 27.01 | 22190.05 | 45.18 | | 合计 | 11653.62 | 7.33 | 113824.21 | 8.86 | | 收 ...

Core Insights - HNA Group reported a revenue of 53.438 billion yuan for the first three quarters of 2025, representing a year-on-year growth of 3.3%, while net profit attributable to shareholders reached 2.845 billion yuan, up 30.93% year-on-year [1] - Since joining the Liaoning Fangda Group in December 2021, HNA Group has implemented a refined management model, significantly improving operational efficiency and passenger numbers [1] - The company has expanded its international route network, launching or resuming 16 international routes by the end of October, with a total of 70 international and regional routes executed throughout the year [1] Financial Performance - For the first three quarters of 2025, HNA Group achieved a revenue passenger kilometer (RPK) of 102,170.59 million kilometers, with international RPK increasing by 47.79% year-on-year [2] - Passenger transport volume grew by 3.74% year-on-year, with international passenger transport volume surging by 46.83% [2] - Capacity in passenger transport (measured in available seat kilometers) increased by 8.95% year-on-year [1] International Operations - International available seat kilometers rose by 45.37% year-on-year, with international passenger transport exceeding 3 million [2] - During the summer peak season, Hainan Airlines executed over 52,000 domestic and international flights, transporting more than 8.53 million passengers [2] - The company plans to increase international flight numbers to 130% of 2019 levels by the end of the year to enhance global competitiveness [2] Seasonal Performance - During the National Day and Mid-Autumn Festival holiday, Hainan Airlines executed nearly 6,500 flights, transporting over 1.1 million passengers, a 16% increase compared to the 2024 holiday [2] - International and regional flights accounted for 516 of these flights, marking a 28.4% year-on-year increase, with international passenger transport rising by 34.5% [2] Cargo Operations - HNA Group's international cargo and mail business showed steady growth, with a 17.44 percentage point increase in cargo load factor year-on-year [3] - Cargo revenue ton-kilometers increased by 23.42% year-on-year, while cargo and mail volume rose by 15.96% [3] - The cargo load factor improved by 10.72 percentage points [3]

Company Overview - Air China Limited, also known as China International Airlines, is the only flag carrier airline in China, with a vision of becoming a globally leading airline [1] - The company was listed on the Hong Kong Stock Exchange in December 2004 and on the Shanghai Stock Exchange in August 2006 [1] - The headquarters is located in Beijing, and it operates multiple subsidiaries, including Shenzhen Airlines and Shandong Airlines [1] Financial Performance - For the first half of 2025, the company reported operating revenue of CNY 80.76 billion, a 1.56% increase from the previous year [2] - The total profit for the period was a loss of CNY 2.79 billion, which is a 15.25% improvement compared to the loss of CNY 3.29 billion in the same period last year [2] - The net loss attributable to shareholders was CNY 1.81 billion, a 35.11% reduction from the previous year's loss of CNY 2.78 billion [2] Key Financial Indicators - The total assets at the end of the reporting period were CNY 347.56 billion, a slight increase of 0.52% from the previous year [3] - The net assets attributable to shareholders decreased by 5.55% to CNY 42.64 billion [3] - Basic earnings per share improved from CNY -0.18 to CNY -0.11, reflecting a 38.89% increase [3] Industry Context - The overall civil aviation industry in China showed stability, with a total transportation turnover of 783.5 billion ton-kilometers and a passenger volume of 370 million, marking increases of 11.4% and 6% respectively [4] - The international passenger transport volume grew by 28.5%, with 123 new international routes added during the reporting period [4] - Air China is positioned as a key player in the industry, leveraging its extensive fleet and route network to maintain a competitive edge [4] Operational Highlights - The company transported 77.11 million passengers in the first half of 2025, a 2.87% increase year-on-year [6] - The total flight hours reached 1.465 million, with a total of 504,285 flights operated, reflecting a 1.14% increase [6] - The fleet consisted of 934 aircraft with an average age of 10.28 years, indicating a well-maintained and modern fleet [7] Digital Transformation - The company is accelerating its digital and intelligent transformation across various business areas, enhancing operational efficiency and customer service [5][6] - Initiatives include the implementation of a global ground flight support platform and the development of an AI+ platform to support various applications [6] - The focus on digitalization aims to improve safety management, marketing services, and overall customer experience [6]

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告之內容概不負責，對其 準確性或完整性亦不發表任何聲明，並明確表示概不會就因本公告全部或任何部分內容 而產生或因倚賴該等內容而引致的任何損失承擔任何責任。 （於中華人民共和國註冊成立的股份有限公司） （股份代號：00753） 海外市場公告 本公告乃根據香港聯合交易所有限公司證券上市規則第13.10B條的規定而發表。 附件為中國國際航空股份有限公司於上海證券交易所刊發之 中國國際航空股份有限公司 2025年半年度報告 承董事會命 中國國際航空股份有限公司 公司秘書 肖烽 中國北京，二零二五年八月二十八日 於本公告日期，本公司的董事為馬崇賢先生、王明遠先生、崔曉峰先生、Patrick Healy （賀以禮）先生、肖鵬先生、徐念沙先生*、禾雲先生*、譚允芝女士*及高春雷先生*。 * 本公司獨立非執行董事 半年度报告 AIR CHINA 圈圈降航空公司 中国国际航空股份有限公司简称中国国航，英文名称为 Air China Limited，简称 Air China， 是中国唯一载国旗飞行的航空公司。 "凤凰者，仁鸟也""见则天下宁"。中国国航的企业标识由一只艺术化的 ...

临时公告 证券代码：600221、900945 证券简称：海航控股、海控 B 股 编号：临 2025-049 海南航空控股股份有限公司 2025 年 5 月主要运营数据公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或 者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 2025 年 5 月，海南航空控股股份有限公司及所属子公司（以下简称"本集团"） 合并主要运营数据如下： | 载运量 | 2025 年 5 月 | | 2025 年累计 | | | --- | --- | --- | --- | --- | | 数值 | | 同比变动（%） | 数值 | 同比变动（%） | | 收入客公里（RPK）（百万） | | | | | | 国内 | 8324.49 | 6.75 | 43497.63 | 3.79 | | 地区 | 25.83 | 32.11 | 112.47 | 68.19 | | 国际 | 2162.74 | 61.89 | 10399.07 | 78.01 | | 合计 | 10513.06 | 14.85 | 54009.16 | 12.95 | | 收入吨公 ...

Core Points - China Southern Airlines reported a total operating revenue of 174.22 billion yuan for the year 2024, an increase of 8.94% year-on-year [1] - The loss attributable to equity holders narrowed to 1.769 billion yuan, a decrease of 57.27% compared to the previous year [1] - The basic loss per share was 0.1 yuan [1] Revenue Breakdown - The majority of the company's operating revenue comes from air transportation, accounting for 94.79% in 2024 [1] - In 2024, passenger revenue constituted 88.68% of total transportation revenue, while cargo and mail revenue made up 11.32% [1] - Total transportation revenue increased by 9.05% year-on-year to 165.145 billion yuan, driven by growth in both passenger and cargo revenues [1] Passenger Metrics - Passenger revenue rose from 136.17 billion yuan in 2023 to 146.45 billion yuan in 2024, marking a 7.55% increase [2] - Total passenger numbers increased by 15.84% to 165 million in 2024 [2] - Revenue passenger kilometers (RPK) grew by 23.90% from 246.947 billion RPK in 2023 to 305.966 billion RPK in 2024, primarily due to increased production capacity [2]