HK Stock Market Move | The three major airlines are on the rise again, with impressive operating data in September. Institutions are optimistic about the long-term improvement of the sector's business climate.

The three major airlines rose again. As of the time of publication, China Eastern Airlines (00670) rose 3.95% to HK$3.68; China Southern Airlines (01055) rose 2.05% to HK$4.49; Air China Limited (00753) rose 1.02% to HK$5.96. In terms of news, recently, several airlines have released their operational data for September. The data shows that the three major airlines have seen an increase in passenger capacity, passenger traffic, and passenger load factor compared to the same period last year. In September, compared to the previous year, China Southern Airlines' passenger capacity increased by 4.43%, and passenger traffic increased by 5.25%. China Eastern Airlines Corporation saw a 3.63% increase in passenger capacity and an 8.67% increase in passenger traffic in September. Air China Limited saw a 5.6% increase in passenger traffic in September, with an average load factor of 83.2%, which is a 3.5 percentage point increase from the previous year. Guosheng Securities pointed out that they are optimistic about the long-term improvement in the aviation sector. The bank believes that with slow supply growth, continuous demand recovery, narrowing of supply-demand gap, downward shift in oil price center, and promotion of "anti-inner loop" policies, they are waiting for continuous repair of ticket prices and continuous improvement in airline profitability. Shenwan Hongyuan Group stated that at the turning point of the current industry changes, airlines are expected to see significant improvement in profitability, and airlines are expected to enter a golden age.