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Here's What's Concerning About China Express AirlinesLTD's (SZSE:002928) Returns On Capital
The Price Is Right For China Express Airlines Co.,LTD (SZSE:002928)
China Airlines: 2024 Annual Results Forecast
Express News | China Express Airlines Sees 2024 Net Profit of 200-280 Mln Yuan
GF SEC: The Industry's occupancy rate remains strong, and airlines have strong motivation to raise ticket prices in 2025.
Due to the industry demand growth rate exceeding the supply growth rate, by December 2024, the domestic, international, and regional flight passenger load factors will experience considerable growth. In 2025, major airlines have strong motivation to raise ticket prices, and the impact on demand remains to be seen.
China Express Airlines (002928.SZ): Received government subsidies of 0.194 billion yuan.
On January 16, the Global Network reported that China Express Airlines (002928.SZ) announced it recently received a notice from the Financial Department of the Civil Aviation Administration of China regarding the "2024 Subsidy Budget for Regional Airlines," indicating that it is expected to receive government subsidies totaling 193.99 million yuan, which represents 20.10% of the audited net income attributable to shareholders of the listed company for the fiscal year 2023. The aforementioned government subsidy has not yet been received.
Further Weakness as China Express AirlinesLTD (SZSE:002928) Drops 8.2% This Week, Taking Three-year Losses to 66%
