HK Stock Market Move | Aviation stocks collectively rebound as the flight schedule for the summer and autumn season is released, showcasing the Civil Aviation Administration's intention to control quantity and maintain prices.

Aviation stocks collectively rebounded. As of the time of writing, China Eastern Airlines (00670) rose by 4.34% to HKD 4.33; China Southern Airlines (01055) rose by 3.88% to HKD 4.82; Air China Limited (00753) rose by 2.96% to HKD 5.57; CATHAY PAC AIR (00293) rose by 2.88% to HKD 12.87. On the news front, the transition to the summer aviation season in 2026 is approaching, with a 2.71% year-on-year decrease in domestic flight schedules for the summer and fall seasons. Zhongtai pointed out that based on the seasonal data, for the summer and fall air season in 2026, domestic airlines showed a decrease in domestic flight schedule compared to the previous year, highlighting the intention of the Civil Aviation Administration to control capacity and maintain prices; domestic airlines showed an increase in international flight schedules year-on-year. In the context of the favorable visa-free policy and the trend of enterprises venturing abroad, international flight routes are expected to show a trend of simultaneous increase in volume and price. In addition, four Hong Kong airlines, including Hong Kong Airlines, CATHAY PAC AIR, Hong Kong Express, and Greater Bay Area Airlines, have successively announced an increase in fuel surcharges. Sealand pointed out that the National Development and Reform Commission adjusts aviation kerosene ex-factory prices once a month at the beginning of each month, with a lag compared to crude oil prices, resulting in smoother fluctuations in aviation fuel prices. At the same time, when international crude oil prices rise significantly, airlines can increase fuel surcharges to offset some of the additional costs resulting from higher oil prices and maintain their core profit margins.