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Air China Schedules EGM for Key Decisions
Air China (HKG:753) Is Finding It Tricky To Allocate Its Capital
Hong Kong stock concept tracking | Japan aviation bookings increase significantly, China Civil Aviation's major operational indicators rebound (including concept stocks).
ANA President: Domestic flight demand is strong, with July and August bookings up 1.1 times from last year.
With the improvement of operation indicators and the strong supply and demand of summer transportation, will the aviation/airlines industry rise?
It is expected that 0.133 billion passengers will be transported during the summer vacation.
Air China's Passenger Capacity Surges 11.4% in June
In June, the passenger transport capacity of Air China Limited increased by 11.4% year-on-year and decreased by 1.4% month-on-month.
Air China Limited (00753) announced that in June 2024, the company and its subsidiaries (hereinafter referred to as the "Group") saw a year-on-year and month-on-month increase in passenger turnover (measured by revenue passenger-kilometers). Year-on-year, the passenger transportation capacity (measured by available seat kilometers) increased by 11.4% and decreased by 1.4% month-on-month; the passenger turnover increased by 22.6% year-on-year and 0.7% month-on-month. Among them, the domestic passenger transportation capacity decreased by 4.3% year-on-year and 1.8% month-on-month; the passenger turnover increased by 5.3% year-on-year and decreased by 0.8% month-on-month. The international passenger transportation capacity increased by 85.1% year-on-year and decreased month-on-month.
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