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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.
Juneyao Airlines (603885): Decline in ticket prices drags down performance, international flight seat occupancy rate needs to be improved.
Event: Juneyao Airlines released the third quarter report of 2024. In Q3 24, the company achieved revenue of 6.54 billion yuan, a decrease of 0.2% year-on-year, recording a net income attributable to the parent of 0.782 billion yuan, a decrease of 27.2% year-on-year. For the first three quarters,
Juneyao Airlines Co., Ltd Just Missed Revenue By 18%: Here's What Analysts Think Will Happen Next
juneyao airlines (603885): Continuously optimizing domestic route network and cultivating intercontinental operation.
This report outlines how changes in industry revenue strategy impact the company's performance in the third quarter. It is expected that future supply and demand will continue to recover, and revenue strategies are expected to change positively, with the company's high-quality airline network showing unexpected profit elasticity. It is recommended to layout against the off-season. Investment is needed.
JUNEYAO AIRLINES(603885):3Q24 EARNINGS DOWN YOY; FALLING AIRFARES WEIGH ON BUSINESS PERFORMANCE
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