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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.
Earnings Update: Here's Why Analysts Just Lifted Their Hainan Meilan International Airport Company Limited (HKG:357) Price Target To HK$9.15
MEILAN AIRPORT (00357.HK) reported a net loss of 0.381 billion yuan for the fiscal year 2024.
On March 20, Gelonghui reported that MEILAN AIRPORT (00357.HK) announced that for the fiscal year 2024, the company's total revenue was RMB 2,170.99 million (FY 2023: RMB 2,085.68 million); the net loss attributable to the parent company's Shareholders was RMB 381.44 million (FY 2023: net loss attributable to the parent company's Shareholders was RMB 136.01 million); the loss per share was RMB 0.81. As of December 31, 2024, MEILAN AIRPORT operated a total of 284 originating routes, including 239 domestic routes and 3 international and regional routes.
Express News | Hainan Meilan International Airport FY Net Loss Was RMB366.25 Million
MEILAN AIRPORT: FINAL RESULTS ANNOUNCEMENT AS OF 31 DECEMBER 2024
Airlines See Lower Customer Demand, Cut Back Financial Expectations
