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Guangzhou Baiyun International Airport: There may be new developments in the introduction of luxury brands, and the per capita consumption amount of duty-free business is rebounding. | Direct coverage of the earnings conference
①Currently, the company is in contact with multiple luxury brands and is expected to make progress in the near future. ②The duty-free sales at the airport have achieved certain growth, with the amount of consumer spending per passenger showing an upward trend. ③By the end of the year, efforts will be made to restore the international market to over 80% of the level in 2019, and it is estimated that the recovery level next year will be even higher.
Hainan Airlines Holding: Net income doubled year-on-year in the first three quarters, plans to open multiple international routes in the fourth quarter | Interpretations
Hainan Airlines Holding's revenue and net income in the first three quarters were 51.729 billion yuan and 2.173 billion yuan, respectively, with year-on-year growth of 10.68% and 145.43%. Hainan Airlines Holding stated that the main reason is the recovery of the aviation market, leading to an increase in business volume.
It is expected that relevant national authorities will establish a low-altitude economic regulatory bureau.
①The establishment decision has been approved, and the new bureau is currently in preparation; ② The low-altitude economy set up a dedicated bureau, which can better coordinate resources at all levels to promote industrial development.
The number of the three major indicators of civil aviation has all increased, and Guangzhou Baiyun International Airport's net income in the first half of the year exceeded the same period of 2019 | Interpretation of financial report
①Guangzhou Baiyun International Airport saw year-on-year growth in aircraft takeoffs and landings, as well as passenger and cargo throughput in the first half of the year. ②The company achieved double growth in revenue and net income in the first half of the year, with a net income of 0.438 billion yuan, exceeding the same period in 2019.
China Southern Airlines: International and Hong Kong, Macao, and Taiwan flights have resumed to 80% of the same period in 2019. Ground service fees are facing upward pressure. | Direct coverage of earnings conference
①Nanhang Logistics' net income in the first half of the year increased by more than 30% year-on-year to 1.7 billion yuan, making it the most profitable subsidiary of Nanhang Airlines. ②Nanhang Airlines stated that in 2024, due to production recovery, international ground service price increases, and domestic airport fees, the company will face significant upward pressure on landing and takeoff ground service fees. ③Nanhang's first C919 will enter commercial operation on September 19, with its maiden flight operating on the Guangzhou-Shanghai Hongqiao route.
After the release of the “31 Rules” of the private economy, entrepreneurs such as Ma Huateng, Lei Jun, Zhou Hongping, and Li Shufu responded intensively!
The private economy has a new position: a vital force for advancing Chinese-style modernization