The low ROE, despite significant debt, is disappointing. High debt levels pose extra risk and are only justified when decent returns are generated. A high ROE without debt indicates a high quality business.

Spring Airlines' low ROE and high debt ratio make it less attractive as an investment. It needs to lessen risks and increase its ROE to boost returns.

In 2023, the civil aviation transportation market will see a remarkable recovery.
On January 6, the CAAC claimed that it would increase the proportion of international aviation, cargo aviation, regional aviation, and general aviation in the civil aviation business, accelerate the construction of a new pattern of opening up civil aviation to the outside world and strive for an overall recovery to the pre-epidemic level of 75%.
Just past ...

I.2023 Travel Tourism New Trends
Since December 2022, along with the cancellation of PCR testing and allowing test positive to quarantine at home, domestic travel restrictions have now been fully liberalized. In the future, immigration is not ruled out and will gradually liberalize.
Concerning domestic travel trends, the data from Mafengwo shows that in 2021, about 70% of free-traveling users will choose to travel by car after heavy t...