The "May Day report card" has arrived! Air ticket prices did not plunge, and multiple travel companies experienced record high passenger flow for the same period in history.
The average price of economy class domestic flights during the "May Day" holiday increased by 5.3% year-on-year. Passenger volume at Shanghai International Airport and China Eastern Airlines Corporation reached an all-time high for this same period.
Express News | After the May Day Consumer surge, airports and hotels perform strongly. As of now, the Airline Services Sector has risen by 3.17%, while the Hotels and Resorts Sector has increased by 3.08%.
The record for the "hottest" in history has been refreshed, with the tourism market blossoming in multiple areas during the May Day holiday.
1. Multiple OTA platforms such as Qunar and TONGCHENGTRAVEL report that this year's "May Day" domestic tourism market has set a record for being the "hottest ever." 2. Orders for inbound travel during "May Day" have doubled, and some travel agency guides have already scheduled tours until late June. Cruise travel is recovering, and cabin availability for "May Day" voyages has sold out early.
The number of international and domestic flights in civil aviation fluctuates with the change of seasons, with industry insiders suggesting that there is uncertainty in the recovery of China-U.S. routes | Industry trends.
① Starting from March 30, civil aviation enters the summer and autumn flight seasons. Data from third-party platforms show that the planned number of flights and routes for domestic airlines in the new season have decreased year-on-year, while international and regional routes have seen a year-on-year increase; ② The recovery rate of USA routes remains low, only recovering to 23.1% of 2019 levels. Industry insiders say that the background of USA tariff policies may impact business exchanges between China and USA, thereby affecting the restoration of China-USA routes.
Multiple aircraft are swapped for lightweight seats. China Southern Airlines states, "This does not represent being cheap, nor does it represent low-end." | Directly addressing the Earnings Conference.
① The issue of cabin seat modifications has become a focal point of investor attention at today's China Southern Airlines Earnings Conference; ② The company stated that installing lightweight seats does not mean low cost, nor does it imply being low-end, and it is unrelated to the airline's positioning and ticket price levels.
Express News | Hong Kong stock aviation industry rose sharply at the beginning of trading, Air China Limited increased by over 5%, CHINA SOUTH AIR rose over 4%, and CHINA EAST AIR rose nearly 4%.