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Juneyao Airlines (603885): Outstanding operational capability and a flexible symbol of differentiated competition.
The company leads the industry in cost control and operation capabilities, excels in quality hub airports, actively expands international routes, and is expected to fully benefit from the industry's supply and demand recovery in the future, with bottom-line performance climbing and substantial elasticity. It focuses on building the "optimal cost structure".
Announcement of the main operating data of Shanghai Juneyao Airlines Co., Ltd. for October 2024
Express News | Juneyao Airlines: In October, the capacity for passenger transportation increased by 17.49% year-on-year.
Juneyao Airlines (603885.SH): In October, the passenger turnover increased by 19.26% year-on-year.
On November 15, Glorious Wealth announced that Juneyao Airlines (603885.SH) reported that in October 2024, the company's passenger capacity input (measured by available seat kilometers) increased by 17.49% year-on-year, with domestic, international, and regional flight passenger capacity input changes of 0.64%, 133.29%, and 1.77%, respectively; passenger turnover (measured by revenue passenger kilometers) increased by 19.26% year-on-year, with domestic, international, and regional flight passenger turnover changes of 3.87%, 158.11%, and 3.75%, respectively; the passenger load factor was 85.17%, an increase of 1.27% year-on-year.
Sinolink Securities: In 2025, holidays will increase by 2 days, bullish for the travel sector.
Taking the National Day holiday in 2024 as an example, the civil aviation of the entire country has cumulatively transported nearly 16.1 million passengers, with a daily average of 2.3 million passengers. The daily passenger volume has 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 growth higher than the annual average level.
China Post Securities: Differential performance in the transportation sector's third-quarter report, China relaxes visa-free access for citizens of nine countries.
This week, our country has further expanded the scope of visa-exempt entry for nine countries including South Korea, which is bullish for the continued recovery of our country's international routes.
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