Civil aviation plate soars the reason has found! Future market is expected to usher in valuation repair

category:Finance
 Civil aviation plate soars the reason has found! Future market is expected to usher in valuation repair


Affected by the news that Hong Kong International Airport or the resumption of mainland transit services, civil aviation stocks rose sharply today, with China Eastern Airlines up 7.42%, auspicious airlines and China Southern Airlines up more than 4%; Huaxia Airlines and HNA holdings rose more than 3%.

In addition, according to the data of Civil Aviation Administration, the average daily flight volume in July recovered to 11941, with a month on month increase of 10.36%, reaching 70% of the same period last year. The total passenger traffic volume was 36.9956 million, with a month on month increase of 20.35%, which was about 60% of the same period last year. The growth rate of passenger traffic was 10% ahead of the number of flights, and the industrys seat rate improved significantly.

Considering that the international line still implements the five ones policy, the improvement of international flights and passenger traffic volume is limited. According to the analysis by Yu Nan of Haitong Securities, the month on month increase mainly comes from domestic passenger transport. Since 618, China Eastern Airlines, Hainan Airlines, Spring Airlines and Sichuan Airlines have launched promotional activities on land. Considering the preferential package price, the price performance ratio is relatively high, which effectively stimulates the development of the industry Travel demand.

Liu Xiaoyong, an analyst with Shanxi securities, said that a number of policies accelerated the recovery of tourism, and the travel willingness of civil aviation passengers increased significantly in August. A series of policies and preferential policies have accelerated the recovery of tourism industry. From the passengers business travel intention, the index rose by 11% month on month in August, and the year-on-year decline narrowed to 12%, and the business travel intention was further close to the level of the same period last year. With the arrival of the National Day Golden Week, 57% of the planned international travelers will plan their travel from August to December.

Source of this article: Yang Bin, editor in charge of CFA_ NF4368