1billionfreewsopchips| Air transportation: The supply of routes in first-and second-tier cities increased by nearly 30%, and price competition was fierce

Source Gangtise Investment Research

analysts said1billionfreewsopchipsHigh-frequency data shows that from May 13 to May 19, the passenger load factor of domestic aviation companies exceeded 85%, but the average fare was only more than 600 yuan. Aviation companies may lose 100 to 200 yuan on a single passenger. International routes, especially China-US routes, have recovered slowly. The supply of routes in first-and second-tier cities has increased by nearly 30%, and price competition is fierce. The airline suffered a large loss in Q1 of 2024, and its operating results in Q2 of 2024 may still not be optimistic, mainly due to sluggish prices and rising oil prices.