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Airlines See Lower Customer Demand, Cut Back Financial Expectations
MEILAN AIRPORT (00357.HK) will hold a Board of Directors meeting on March 20 to approve the comprehensive performance.
Gelonghui reported on March 10 that MEILAN AIRPORT (00357.HK) announced that the Board of Directors meeting will be held on March 20, 2025, to review and approve the consolidated performance of the company and its subsidiaries for the year ending December 31, 2024, and to declare the final dividend (if any).
MEILAN AIRPORT: NOTICE OF BOARD MEETING
【Brokerage Focus】CITIC SEC pointed out that the demand for public business is accelerating recovery, expecting additional growth in long-haul routes.
Jinwu Financial News | CITIC SEC stated that after the Lantern Festival, the recovery of public business demand has accelerated, which may provide significant support for the recent positive changes in domestic ticket prices. Reviewing the historical recovery of short-term public business demand may be an important observation Indicator. After the Spring Festival transport in 2025, public business travel is expected to rebound, with passenger flow on the Beijing-Shanghai line recovering to 92.4% of the levels seen in the 10 days before the Spring Festival transport during the 10 days after the Lantern Festival (better than 88.7% in 2024), and ticket prices seeing a year-on-year positive change with improved pre-sale data. There are expectations for accelerated resumption of work and high prosperity in new productive forces leading to increased travel demand. The North American routes are a major factor limiting the improvement in wide-body aircraft utilization, and we estimate the situation on the U.S. routes
Hong Kong stocks fluctuate | The Aviation/airlines Industry rises against the market trend. During the Spring Festival travel period, the passenger transportation volume of civil aviation reaches a historical peak. Institutions state that the demand for p
The airlines industry has risen against the market trend, as of the time of writing, MEILAN AIRPORT (00357) has increased by 7.73%, priced at 8.78 HKD; Air China Limited (00753) has risen by 3.72%, priced at 4.74 HKD; China Southern Airlines (01055) has grown by 2.49%, priced at 3.7 HKD; and China Eastern Airlines (00670) has increased by 1.52%, priced at 2.67 HKD.
HAITONG SEC: The growth rate of international flights is leading, and travel to Sanya is recovering well.
The overall growth of travel during the Spring Festival is steady, and international travel is accelerating its recovery. Attention should be given to investment opportunities in the Aviation Sector; 2025 is the year when Hainan Free Trade Port will be officially closed off, and the demand for tourism Consumer is expected to be driven, focusing on investment opportunities in Hainan travel.
