来源：市场资讯 此外，波音公司还面临来自土耳其航空的潜在订单流失风险。土耳其航空已警告称，若与发动机供应商 CFM International的谈判未达成理想条件，将考虑转向空中客车。这一情况表明，全球航空市场的竞争 日趋激烈，航空公司在发动机等关键设备的议价权力日益增强。 与此同时，波音的技术创新和未来发展也在遭受压力。尽管其数字化转型平台在推动航空工业现代化方 面取得了一定成效，但仍面临数据安全及全球化适应方面的多重挑战。这些因素可能影响波音在未来高 科技航空市场中的竞争力。 投资者在考虑波音时，应关注其在全球市场的竞争地位以及未来在新技术和产品上的投资策略。虽然短 期来看，市场对波音的信心稍显不足，但其在国防合同领域的持续收益和潜在的战略调整或许能为长线 投资者带来机会。 总之，波音当前面临严峻的市场竞争和技术挑战，但其作为一家制造业巨头的长期潜力依旧存在。投资 者需要保持对市场动态的敏感，以便在波音调整策略、适应市场变化时捕捉潜在的投资机会。 （来源：美股情报站） 在10月9日，波音公司(BA)的股价下跌了4.14%，这一跌幅引发了市场的广泛关注。尽管波音在近期赢 得了一项价值超过1.73亿美元的美国 ...

Core Viewpoint - China National Airlines (601111) (00753) reported an increase in passenger turnover volume and capacity for August 2025, indicating a positive trend in both domestic and international operations [1] Group 1: Passenger Operations - The group's passenger turnover volume (measured in revenue passenger kilometers) increased by 3.2% year-on-year [1] - Passenger capacity (measured in available seat kilometers) rose by 2.3% year-on-year [1] - Domestic passenger capacity decreased by 1.2%, while passenger turnover remained flat [1] - International passenger capacity increased by 12.6%, with passenger turnover rising by 12.9% [1] - Regional passenger capacity fell by 5.7%, and passenger turnover decreased by 2.2% [1] - The average passenger load factor was 83.7%, up by 0.8 percentage points year-on-year [1] - Domestic routes saw a load factor increase of 1.1 percentage points, international routes increased by 0.2 percentage points, and regional routes rose by 2.9 percentage points [1] Group 2: Cargo Operations - Cargo capacity (measured in available cargo ton kilometers) increased by 1.5% year-on-year [1] - Cargo and mail turnover (measured in revenue cargo ton kilometers) rose by 10.2% year-on-year [1] - The cargo load factor was 42.1%, up by 3.3 percentage points year-on-year [1] Group 3: Fleet Expansion - In August 2025, the group introduced 3 A320 series aircraft and 3 B737 series aircraft [1] - As of the end of August 2025, the group operated a total of 941 aircraft, including 419 owned, 228 under finance leases, and 294 under operating leases [1]

Core Viewpoint - China National Airlines (00753) reported an increase in passenger turnover and capacity for August 2025, indicating a positive trend in both domestic and international operations [1] Passenger Operations - The group's consolidated passenger turnover (measured in revenue passenger kilometers) increased by 3.2% year-on-year [1] - Passenger capacity (measured in available seat kilometers) rose by 2.3% year-on-year [1] - Domestic passenger capacity decreased by 1.2%, with passenger turnover remaining flat [1] - International passenger capacity increased by 12.6%, with passenger turnover rising by 12.9% [1] - Regional passenger capacity fell by 5.7%, with passenger turnover declining by 2.2% [1] - The average passenger load factor was 83.7%, up by 0.8 percentage points year-on-year [1] - Domestic routes saw an increase of 1.1 percentage points in load factor, while international routes increased by 0.2 percentage points and regional routes by 2.9 percentage points [1] Cargo Operations - Cargo capacity (measured in available cargo ton kilometers) increased by 1.5% year-on-year [1] - Cargo and mail turnover (measured in revenue cargo ton kilometers) rose by 10.2% year-on-year [1] - The cargo load factor was 42.1%, up by 3.3 percentage points year-on-year [1] Fleet Development - In August 2025, the group introduced 3 A320 series aircraft and 3 B737 series aircraft [1] - As of the end of August 2025, the group operated a total of 941 aircraft, including 419 owned, 228 under finance leases, and 294 under operating leases [1]

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。 中國北京，二零二五年九月十五日 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 证券代码：601111 股票简称：中国国航 公告编号：2025-040 （於中華人民共和國註冊成立的股份有限公司） （股份代號：00753） 二零二五年八月的主要營運數據公告 隨附公告（「上交所公告」）乃由中國國際航空股份有限公司（「中國國航」）於二零二五年九 月十五日在上海證券交易所刊發，其中載有中國國航及其附屬公司（統稱「本集團」）二零 二五年八月的合併營運數據。本公告附上上交所公告乃由中國國航根據香港聯合交易所 有限公司證券上市規則（「上市規則」）第13.09條及第13.10B條，以及香港法例第571章證 券及期貨條例第XIVA部項下之內幕消息條文（定義見上市規則）而作 ...

Core Insights - The company reported a 2.66% year-on-year decrease in passenger capacity for August 2025, with domestic, international, and regional routes showing changes of -6.77%, 13.68%, and -54.18% respectively [1] - Passenger turnover decreased by 1.91% year-on-year, with domestic, international, and regional routes experiencing changes of -7.06%, 20.44%, and -52.31% respectively [1] - The passenger load factor increased by 0.69% year-on-year to 88.96%, with domestic, international, and regional routes showing changes of -0.28%, 4.73%, and 3.55% respectively [1] Domestic Operations - Domestic passenger capacity increased by 0.98% month-on-month in August 2025, while domestic passenger turnover rose by 5.67% month-on-month [1] - The domestic load factor improved by 4.02% month-on-month [1] International Operations - International passenger capacity increased by 0.35% month-on-month, with international passenger turnover rising by 6.07% month-on-month [1] - The international load factor improved by 4.54% month-on-month [1] Fleet Information - As of August 31, 2025, the company operates 93 A320 series aircraft, including 27 A321, 22 A320neo, and 14 A321neo models, along with 10 Boeing 787 series aircraft [2] - The subsidiary, Jiuyuan Airlines, operates 27 Boeing 737 series aircraft [2]

证券代码：601111 股票简称：中国国航 公告编号：2025-040 中国国际航空股份有限公司 2025年8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 8 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 3.2%。 其中，国内客运运力投入同比下降 1.2%，旅客周转量同比持平；国际客运运力 投入同比上升 12.6%，旅客周转量同比上升 12.9%；地区客运运力投入同比下降 5.7%，旅客周转量同比下降 2.2%。平均客座率 83.7%，同比上升 0.8 个百分点。 其中，国内航线同比上升 1.1 个百分点，国际航线同比上升 0.2 个百分点，地区 航线同比上升 2.9 个百分点。 货运方面，货运运力投入（按可用货运吨公里计）同比上升 1.5%，货邮周 转量（按收入货运吨公里计）同比上升 10.2%。货运载运率为 42.1%，同比上升 3 ...

Group 1 - The 2025 Shanghai Cooperation Organization Summit is being held in Tianjin, marking the largest summit since the organization's establishment with over 20 heads of state and 10 international organization leaders in attendance [1] - Tianjin's rich cultural heritage is showcased through its historical sites, local delicacies, and vibrant arts, reflecting a blend of ancient and modern influences [1][3][11] - The city is characterized by its unique geographical features, including rivers and coastal areas, which contribute to its scenic beauty and recreational opportunities [5][6] Group 2 - Tianjin has a historical significance as a center for modern education and industry in China, being home to notable institutions like Nankai University and Tianjin University, which have played pivotal roles in the country's educational development [10][15] - The city has attracted nearly 20,000 foreign enterprises, indicating a robust investment environment and a focus on high-quality development in sectors such as new materials and marine chemicals [16] - Tianjin's culinary scene is diverse, featuring local specialties like "Goubuli" buns and "Jianbing Guozi," which reflect the city's rich food culture influenced by various regional cuisines [23][24][26]

Core Viewpoint - Bohai Leasing reported significant revenue growth in the first half of 2025, driven by increased aircraft sales and leasing income, despite a one-time impairment loss from the sale of its container leasing subsidiary [1][2]. Group 1: Financial Performance - In the first half of 2025, Bohai Leasing achieved operating revenue of 28.46 billion yuan, a year-on-year increase of 75.91% [1]. - The net profit attributable to shareholders was -2.02 billion yuan, but adjusted for the impairment loss, the net profit was 1.27 billion yuan, reflecting a year-on-year growth of 77.27% [1]. - The average yield of the fleet improved, with the weighted average annualized rental rate of the Avolon fleet increasing by approximately 70 basis points compared to the same period last year [1]. Group 2: Strategic Transactions - To optimize its debt structure, Bohai Leasing's wholly-owned subsidiary signed an agreement to sell 100% of its container leasing subsidiary GSCL, resulting in an impairment loss of approximately 3.29 billion yuan [2]. - The proceeds from the sale are intended to repay high-interest dollar debts and improve cash flow, which is expected to enhance the company's operational capabilities and future profitability [2]. Group 3: Business Expansion - Bohai Leasing continues to expand its aircraft leasing business, with Avolon signing a procurement agreement with Airbus for 75 A321NEO and 15 A330NEO aircraft, expected to be delivered by the end of 2033 [3]. - Avolon is now the company with the largest number of aircraft orders globally, which will enhance its bargaining power and reduce acquisition costs [3]. - Credit ratings for Avolon were upgraded by Fitch and Moody's, indicating improved financial stability and outlook [3]. Group 4: Fleet Overview - As of June 30, 2025, Bohai Leasing's fleet comprised 1,105 aircraft, including 663 owned and managed aircraft and 442 on order, primarily consisting of Airbus A320 and Boeing 737 models [4]. - The average age of the fleet is 6.6 years, serving 142 airline customers across 60 countries, making it the second-largest aircraft leasing company by fleet size [4].

春秋航空股份有限公司 证券代码：601021 证券简称：春秋航空 公告编号：2025-046 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。 根据中国证券监督管理委员会《上市公司募集资金监管规则》《上海证券交 易所上市公司自律监管指引第 1 号——规范运作》以及《上海证券交易所上市公司 自律监管指南第 1 号——公告格式》的相关规定，现将春秋航空股份有限公司（以 下简称"春秋航空"或"公司"）2025 年半年度募集资金存放、管理与使用情况 作如下专项报告： 一、募集资金基本情况 （一）实际募集资金金额与资金到账情况 （二）募集资金三方监管协议签署及履行情况 下简称"瑞银证券"或"保荐机构"）以及与中国建设银行股份有限公司上海六里 支行、招商银行股份有限公司上海分行营业部、中国工商银行股份有限公司上海市 虹桥机场支行与兴业银行股份有限公司上海市南支行分别签订了《募集资金专户三 方监管协议》（以下简称"《三方监管协议》"），《三方监管协议》与上海证券 交易所《募集资金专户存储三方监管协议（范本）》不存在重大差异。具体签署情 况请参 ...

Group 1 - The core point of the article is that Tianbao Infrastructure (000965.SZ) announced on its investor interaction platform that the second assembly line for Airbus A320 series aircraft in Tianjin is expected to commence production by the end of October 2025 [1]