【财华社讯】国泰航空(00293.HK)公布，7月份的载客量按年增加24%。可用座位公里数按年增加 30%。首七个月，载客量较按年增加27%。载货量按年增加11%。可用货物吨公里数按年增加11%。首 七个月，载货量按年增加11%。 本文源自：财华网 香港快运于2025年7月接载乘客超过68万人次，载客量按年增加22%，可用座位公里数增加38%。在 2025年首七个月，载客量按年增加32%。 国泰顾客及商务总裁刘凯诗表示：7月是客运业务传统暑期旺季的开始，国泰航空与香港快运于月內合 共接载旅客约320万人次，创下今年的单月新高。与此同时，国泰货运在月內运送货物逾14万公吨。; ...

国泰航空于 2025 年 7 月份的载客量较 2024 年同月增加 24%。可用座位公里数按年增加 30%。在 2025 年首七个月，载客量较 2024 年同期增加了 27%。 格隆汇8月22日丨国泰航空(00293.HK)今天公布 2025 年 7 月份客、货运量资料。 国泰顾客及商务总裁刘凯诗表示：「7 月是客运业务传统暑期旺季的开始，国泰航空与香港快运于月内 合共接载旅客约320万人次，创下今年的单月新高。与此同时，国泰货运在月内运送货物逾 14 万公 吨。」 国泰航空 「踏入 8 月，我们很高兴在月初重启每周四班往返香港与比利时首都布鲁塞尔的航班。随着新学年临 近，预计学生流将促进 9 月的客运量。而 10 月的国庆及中秋节假期将刺激香港及内地的休闲旅游需 求。」 国泰货运 香港快运 香港快运于 2025 年 7 月接载乘客超过六十八万人次，载客量较 2024 年同月增加22%，可用座位公里数 增加 38%。在 2025 年首七个月，载客量较 2024 年同期增加了 32%。 刘凯诗表示：「7 月份客运需求殷切，上半月主要由留学生及探亲访友的长途往返香港旅客带动；下半 月则以前往南韩及东南亚等的区域休 ...

货运方面，货运运力投入(按可用货运吨公里计)同比上升3.3%，货邮周转量(按收入货运吨公里计)同比 上升7.9%。货运载运率为42.9%，同比上升1.8个百分点。 2025年7月，本集团共引进1架C919飞机、1架A320系列飞机和1架B737系列飞机，退出2架A330系列飞 机。截至2025年7月底，本集团合计运营935架飞机，其中自有飞机417架，融资租赁224架，经营租赁 294架。 智通财经APP讯，中国国航(00753)发布公告，2025年7月，中国国际航空股份有限公司(以下简称"本公 司")及所属子公司(以下简称"本集团")合并旅客周转量(按收入客公里计)同比上升。客运运力投入(按可 用座位公里计)同比上升2.3%，旅客周转量同比上升2.2%。其中，国内客运运力投入同比下降0.4%，旅 客周转量同比下降0.2%;国际客运运力投入同比上升10.3%，旅客周转量同比上升9.7%;地区客运运力投 入同比下降3.9%，旅客周转量同比下降3.4%。平均客座率80.1%，同比下降0.1个百分点。其中，国内航 线同比上升0.1个百分点，国际航线同比下降0.4个百分点，地区航线同比上升0.3个百分点。 ...

Core Viewpoint - China Eastern Airlines announced an increase in passenger capacity and turnover for July 2025, indicating growth in both domestic and international markets [1] Group 1: Passenger Metrics - The passenger capacity input (measured in available seat kilometers) for July 2025 increased by 7.39% year-on-year [1] - The passenger turnover (measured in revenue passenger kilometers) rose by 9.42% year-on-year [1] - The passenger load factor reached 84.76%, up by 1.58 percentage points year-on-year [1] Group 2: Cargo Metrics - The cargo and mail turnover (measured in cargo mail ton kilometers) increased by 10.53% year-on-year for July 2025 [1] Group 3: Route Expansion - New domestic routes include the resumption of Ordos-Wuxi and Taiyuan-Huai'an, along with increased frequency on routes such as Taiyuan-Hangzhou and Kunming-Changsha [1] - Internationally, new routes launched include Shanghai Pudong-Copenhagen and Nanjing-Paris, with resumed services on routes like Shanghai Pudong-Songshan [1] Group 4: Fleet Update - In July 2025, the company introduced 2 new aircraft, comprising 1 A320 series and 1 B737 series, while retiring 4 aircraft, including 3 A320 series and 1 B737 series [1] - As of the end of July 2025, the total operational fleet consists of 814 aircraft [1]

中国南方航空（600029）股份(01055)公布，2025年7月，该集团客运运力投入(按可利用座公里计)同比 上升6.66%，其中国内、地区和国际分别同比上升5.69%、1.01%和9.97%;旅客周转量(按收入客公里计) 同比上升 7.29%，其中国内、地区和国际分别同比上升6.54%、2.97%和9.85%;客座率为84.38%，同比上 升0.50个百分点，其中国内和地区分别同比上升0.67和1.56个百分点，国际同比下降0.09 个百分点。 2025年7月，该集团引进8架飞机(包含2架A321NEO飞机、3架A320NEO飞机、2架B737-8 飞机和1架 B787-9飞机)，退出1架B737-700飞机。截至2025年7月底，集团合计运营950 架运输飞机。 货运方面，2025年7月货运运力投入(按可利用吨公里—货邮运计)同比上升0.22%;货邮周转量(按收入吨 公里—货邮运计)同比上升3.60%;货邮载运率为50.89%，同比上升1.66 个百分点。 ...

南方航空（600029）(600029.SH)发布公告，2025年7月，集团客运运力投入(按可利用座公里计)同比上 升6.66%，其中国内、地区和国际分别同比上升5.69%、1.01%和9.97%;旅客周转量(按收入客公里计)同 比上升7.29%，其中国内、地区和国际分别同比上升6.54%、2.97%和9.85%;客座率为84.38%，同比上升 0.50个百分点，其中国内和地区分别同比上升0.67和1.56个百分点，国际同比下降0.09个百分点。 货运方面，2025年7月，货运运力投入(按可利用吨公里—货邮运计)同比上升0.22%;货邮周转量(按收入 吨公里—货邮运计)同比上升3.60%;货邮载运率为50.89%，同比上升1.66个百分点。 ...

Core Viewpoint - China Southern Airlines reported a year-on-year increase in passenger capacity and turnover for July 2025, indicating growth in both domestic and international markets [1] Passenger Operations - Passenger capacity (measured in available seat kilometers) increased by 6.66% year-on-year, with domestic, regional, and international segments rising by 5.69%, 1.01%, and 9.97% respectively [1] - Passenger turnover (measured in revenue passenger kilometers) rose by 7.29% year-on-year, with domestic, regional, and international segments increasing by 6.54%, 2.97%, and 9.85% respectively [1] - The passenger load factor was 84.38%, up by 0.50 percentage points year-on-year, with domestic and regional segments increasing by 0.67 and 1.56 percentage points, while international load factor decreased by 0.09 percentage points [1] Cargo Operations - Cargo capacity (measured in available ton kilometers) increased by 0.22% year-on-year [1] - Cargo turnover (measured in revenue ton kilometers) rose by 3.60% year-on-year [1] - The cargo load factor was 50.89%, up by 1.66 percentage points year-on-year [1] Fleet Update - In July 2025, the company introduced 8 new aircraft, including 2 A321NEO, 3 A320NEO, 2 B737-8, and 1 B787-9, while retiring 1 B737-700 [1] - As of the end of July 2025, the total operational fleet consisted of 950 aircraft [1]

Core Viewpoint - China Eastern Airlines (600115.SH) reported an increase in passenger capacity and turnover for July 2025, indicating growth in operational performance and demand in the airline industry [1] Group 1: Passenger Operations - The passenger capacity input (measured in available seat kilometers) for July 2025 is expected to rise by 7.39% year-on-year [1] - The passenger turnover (measured in revenue passenger kilometers) is projected to increase by 9.42% year-on-year [1] - The passenger load factor stands at 84.76%, reflecting a year-on-year increase of 1.58 percentage points [1] Group 2: Cargo Operations - The cargo and mail turnover (measured in cargo mail ton kilometers) is anticipated to grow by 10.53% year-on-year for July 2025 [1]

Core Viewpoint - Yongfeng Group Holdings (01549) expects to achieve a net profit attributable to equity holders of approximately HKD 7.7 million for the six months ending June 30, 2025, compared to a net loss of approximately HKD 9.2 million for the same period in 2024 [1] Summary by Relevant Categories - **Financial Performance** - The expected net profit of HKD 7.7 million represents a significant turnaround from the previous year's net loss of HKD 9.2 million [1] - **Revenue Growth** - The increase in profit is primarily attributed to a rise in service cargo volume, leading to an increase in revenue of approximately HKD 36 million, which is about a 20% increase compared to the same period last year [1] - **Taxation Impact** - The absence of additional tax expenses and penalties that were incurred in the previous year also contributed to the improved financial performance during the reporting period [1]

Core Viewpoint - Cathay Pacific announced its 2025 H1 results, achieving a net profit of HKD 3.651 billion, a year-on-year increase of 1.1%, in line with expectations [1] Group 1: Financial Performance - The group reported a 9.5% year-on-year increase in revenue, reaching HKD 54.309 billion [1][3] - The adjusted net profit after excluding non-recurring items was HKD 3.832 billion, showing a slight decline year-on-year [1][3] - Passenger revenue accounted for 69% of total revenue, increasing by 12.7% year-on-year, while cargo revenue decreased to 23%, growing by 1.2% [3] Group 2: Capacity and Utilization - The group experienced significant growth in capacity and traffic, with ATK increasing by 15.9% and RTK by 18.1% year-on-year [2] - The passenger load factor improved by 2.4 percentage points, with passenger traffic rising by 27.8% [2] - Aircraft utilization increased by 20%, reaching an average of 10.8 hours [3] Group 3: Cost and Efficiency - Total costs increased by 10.7% year-on-year, but unit costs per ATK decreased by 4.1% [3] - The company announced a mid-year dividend of HKD 0.20 per share, totaling HKD 1.288 billion, with a payout ratio reduced to 35% from 46% in 2024 [3] Group 4: Fleet Expansion - As of 2025 H1, the fleet consisted of 234 aircraft, with an order for 14 additional Boeing 777-9 aircraft, bringing the total order for this model to 35 [4] - The new aircraft are expected to be delivered starting in 2034, indicating ongoing fleet optimization [4] Group 5: Investment Outlook - The company is expected to maintain high profitability levels, with a projected net profit of HKD 7.792 billion for 2025, down from a previous forecast of HKD 9.008 billion [4] - The PE ratios for 2025-2027 are projected to be 8.7x, 6.9x, and 6.2x, significantly below the industry average [4]