Hong Kong stock concept tracking | Airlines' operating data in October is impressive. The positive factors in the aviation industry continue to accumulate (with concept stocks).

On the evening of November 15th, China Eastern Airlines Corporation, Hainan Airlines Holding, Air China Limited, and several other airlines released their main operating data for October. The operating data for October were impressive. From the data, it can be seen that the major passenger airlines experienced a collective year-on-year increase in key indicators such as capacity input and passenger turnover in October. China Eastern Airlines Corporation: In October, passenger capacity input increased by 12.34% year-on-year, reaching 109.79% of the same period in 2019; passenger turnover increased by 23.24% year-on-year, reaching 114.83% of the same period in 2019. The number of passengers carried in October was 12.26654 million, a 14.92% year-on-year increase. Hainan Airlines Holding: In October 2024, the group's revenue passenger kilometers increased by 20.39% year-on-year, revenue ton kilometers increased by 24.44% year-on-year, passenger transport volume increased by 13.12% year-on-year, passenger capacity input (calculated by available passenger kilometers) increased by 17.05% year-on-year, and passenger load factor increased by 2.38 percentage points year-on-year. Air China Limited: In October 2024, the combined passenger turnover volume of the company and its subsidiaries increased year-on-year. Passenger capacity input increased by 14.5% year-on-year, and passenger turnover volume increased by 22.1% year-on-year. Guotai Junan stated that the Chinese aviation industry remains one of the few industries with a logic of exceeding expectations. The profits of A-share airlines in the third quarter of 2024 exceeded those of the third quarter of 2019, surpassing market expectations. The trend of future supply and demand recovery is certain, international capacity expansion will continue to absorb domestic capacity, and aviation demand is expected to be boosted by policies. Current expectations are still at a low level, with the option of falling oil prices. It is recommended to lay out a counter-cyclical strategy in the off-season. Sinolink pointed out that in 2025, holidays will be extended by 2 days, which will help increase demand for civil aviation and high-speed rail travel. The optimization of aviation supply and demand can be expected, with a turning point in supply and demand. Since the end of September, various policies stimulating consumption have been introduced, and as aviation is considered an optional consumer product, increased consumer purchasing power or restored confidence will create travel demand. The optimization of supply and demand is expected to accelerate, with a turning point in supply and demand expected in2025. Optimization of supply and demand combined with cost improvements is expected to significantly boost the performance of airlines. Related companies in the aviation sector: China Southern Airlines (01055), Air China Limited (00753), China Eastern Airlines (00670), CATHAY PAC AIR (00293)