JUNEYAOAIR(SH:603885)2024-08-26 09:52Group 1: Stock Performance and Investor Confidence - The stock price of 吉祥航空 has been declining since the announcement of share buybacks, reaching new lows despite positive company performance [4][6] - After the mid-year report, the stock faced significant sell-offs, impacting the confidence of small and medium investors [4] - The company plans to increase share buyback limits and has completed the buyback of 15 million shares, with intentions to cancel these shares [6] Group 2: Operational Performance - The company currently operates 8 wide-body aircraft, with a significant increase in international capacity, showing a 68% growth in available seat kilometers compared to the same period in 2019 [5] - New intercontinental routes have been opened to Europe and Asia, including cities like Brussels, Manchester, and Athens [5] Group 3: Financial Strategies - The company completed its 2023 annual dividend and plans to issue a mid-year dividend in 2024 [6] - The impact of fluctuating interest rates on the company's dollar-denominated debt is tied to the London Interbank Offered Rate (LIBOR) [5] Group 4: Maintenance and Operational Challenges - Currently, 20 aircraft are affected by PW1100 engine maintenance, with repairs expected to be completed by October 2025 [6] - The company is taking measures to minimize operational disruptions during maintenance periods [6]