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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.
Cinda Securities: Airlines' passenger load factor remains stable at a high level in December. Bullish on the profit elasticity after the release of oil and exchange rate pressure.
If with the economic recovery and increased travel demand, rising ticket prices are likely to bring high elasticity to airline performance, coupled with the downward trend of oil prices and stable Exchange Rates, there is potential for airline profits to rise.
Spring Airlines' December 2024 Passenger Capacity Jumps 13%
Announcement of the main operating data of Spring Airlines for December 2024
Express News | Spring Airlines Dec Passenger Trip Carried +12.7% Y/Y, Mail and CARGO Carried +26.0% Y/Y
Spring Airlines (601021.SH): In December, passenger turnover increased by 15.11% year-on-year.
Gelonghui, January 15th丨Spring Airlines (601021.SH) announced the main operation data for December, with passenger turnover of 4,150.3454 million person-kilometers, a year-on-year growth of 15.11%, and freight mail turnover of 16.722 million ton-kilometers, a year-on-year growth of 25.37%.