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.
China's most profitable airline splurges 100 billion.
To create a world-class airline.
Air China GAAP EPS of -RMB 0.11, Revenue of RMB 40.07B
From March, China and Thailand will be permanently exempt from visas!
On January 2, Thai Prime Minister Saita Tawixin stated that China and Thailand will permanently grant each other's visas for each other's citizens starting in March. Earlier, Thailand announced a 5-month visa-free policy for Chinese tourists on September 13. This policy covers the “Eleventh Golden Week” and the 2024 Spring Festival holiday. Big data from Where to Go shows that after the policy was released, the number of Thai airline ticket searches on the platform increased by more than 70% month-on-month compared to the same period last week, and the number of Thai hotel searches doubled month-on-month. On December 27, the National Tourism Administration of Thailand said that the number of Chinese tourists visiting Thailand is expected to be around 3.4 million in 2023. Although this is an increase from 2022, 2
Air China GAAP EPS of RMB 0.28, Revenue of RMB 458.86B
Cathay Pacific Set To Place $2B Order For Boeing 777-8F Freighter: Report