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Sinolink Securities: With the expectation of favorable transportation policies, it is recommended to layout the aviation and logistics sectors.
Civil aviation demand has recovered to natural growth, combined with the release of policies stimulating consumption, it is expected that the number of civil aviation passengers will maintain high single-digit growth.
Announcement of the main operating data of Shanghai Juneyao Airlines Co., Ltd. for October 2024
Juneyao Airlines (603885.SH) saw a year-on-year increase of 19.26% in passenger turnover in October (measured by revenue passenger kilometers).
In October 2024, Juneyao Airlines (603885.SH) announced that the company's passenger transportation capacity input (based on available seats...
Juneyao Airlines (603885.SH): In October, passenger turnover increased by 19.26% year-on-year.
Gelonghui, November 15th - Juneyao Airlines (603885.SH) announced that in October 2024, the company's passenger capacity (measured in available seat kilometers) increased by 17.49% year-on-year. Among them, the year-on-year changes in domestic, international, and regional route passenger capacity were 0.64%, 133.29%, and 1.77%, respectively. The passenger traffic (measured in revenue passenger kilometers) increased by 19.26% year-on-year. Among them, the year-on-year changes in domestic, international, and regional route passenger traffic were 3.87%, 158.11%, and 3.75%, respectively. The passenger load factor was 85.17%, up 1.27% year-on-year.
Sinolink Securities: In 2025, the holidays will increase by 2 days, which is bullish for the travel sector.
For example, during the National Day holiday in 2024, the national civil aviation sector sent nearly 16.1 million passengers, averaging 2.3 million passengers per day. The daily passenger volume increased by 22% compared to the National Day holiday in 2019, and by 11% compared to the Mid-Autumn Festival and National Day holidays in 2023, with the growth rate higher than the annual average level.
Juneyao Airlines' (SHSE:603885) Performance Is Even Better Than Its Earnings Suggest
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