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The number of international and domestic flights in civil aviation fluctuates with the change of seasons, with industry insiders suggesting that there is uncertainty in the recovery of China-U.S. routes | Industry trends.
① Starting from March 30, civil aviation enters the summer and autumn flight seasons. Data from third-party platforms show that the planned number of flights and routes for domestic airlines in the new season have decreased year-on-year, while international and regional routes have seen a year-on-year increase; ② The recovery rate of USA routes remains low, only recovering to 23.1% of 2019 levels. Industry insiders say that the background of USA tariff policies may impact business exchanges between China and USA, thereby affecting the restoration of China-USA routes.
Hong Kong stocks closed (03.28) | The Hang Seng Index fell by 0.65%, with the Pharmaceutical and Golden Industrial Concept sectors rising against the trend, while the Semiconductors Sector faced pressure.
Hong Kong stocks opened higher today but fell lower, with the Hang Seng Index and the National Index both dropping more than 1% in the afternoon, and the Hang Seng Technology Index seeing a decline of over 2% at one point.
Hong Kong stocks movement | The aviation/airlines industry generally declines, China Southern Airlines (01055) falls over 4%, and the three major airlines are still facing losses.
Aviation/airlines Industry generally declined. As of the time of reporting, China Southern Airlines (01055) dropped by 4.52%, priced at 3.8 Hong Kong dollars; Air China Limited (00753) fell by 4.14%, priced at 5.09 Hong Kong dollars; China Eastern Airlines (00670) declined by 2.21%, priced at 2.66 Hong Kong dollars.
China Southern Airlines Says Unrecovered Losses Exceed One-Third of Capital
China Southern Airlines: China Southern Airlines 2024 Annual Report
China Southern Airlines: Summary of China Southern\'s 2024 Annual Report
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