Core Viewpoint - The domestic flight market in China has experienced a dramatic price drop following the New Year holiday, with many popular routes offering tickets at significantly reduced prices, creating opportunities for off-peak travel [1][8]. Price Trends - After the New Year holiday, ticket prices have plummeted, with flights from Guangzhou to Shanghai available for as low as 210 yuan, equivalent to a 1.1% discount [1][3]. - Multiple routes, such as from Guangzhou to Wenzhou, have tickets priced at 200 yuan, reflecting discounts between 1% to 2% [3][4]. - Flights from Shanghai to Shenyang and other cities are also available for around 200 yuan, with discounts as low as 0.9% [5][6]. Market Dynamics - The significant drop in ticket prices is attributed to a temporary decrease in passenger flow after the holiday season, with a projected one-month window for off-peak travel before the winter vacation begins [8][9]. - Airlines are maintaining flight capacity to ensure aircraft utilization, leading to an oversupply of seats and further contributing to the price reductions [9]. Industry Outlook - The aviation industry is expected to enter a new development phase in 2026, with predictions of improved supply-demand dynamics and potential profitability for major airlines [10]. - Reports indicate that 2025 may mark the first year of recovery for large airlines, while 2026 could see significant profit potential [10].

Core Points - The domestic air travel fuel surcharge will be reduced starting from January 5, 2026, as per the notification from airlines [1] Group 1: Fuel Surcharge Adjustments - For segments of 800 kilometers or less, a fuel surcharge of 10 yuan will be applied to each adult passenger, while for segments over 800 kilometers, the surcharge will be 20 yuan, both reduced by 10 yuan and 20 yuan respectively [1] - For disabled veterans, police officers injured in the line of duty, and children (including unaccompanied minors), the fuel surcharge will be halved, resulting in a charge of 10 yuan for segments over 800 kilometers and exempting segments of 800 kilometers or less [1] - Infants who qualify for a 10% discount on adult fares will be exempt from the domestic air travel fuel surcharge [1]