Lates News

According to Every AI Express, Minsheng Securities released a research report on August 31, giving a recommendation rating to China Southern Airlines (002928.SZ). The rating reasons mainly include: 1) Institutional purchases of capacity provide a bottom for the company's unit income level, with tourist routes not being sluggish in the off-season or improving the company's unit income performance; 2) The improvement in utilization rate and the decrease in oil prices improve unit costs, fleet and aircraft type structure adjustments may still have room for improvement in unit costs; 3) The company is increasing coverage of remote area routes, unit subsidy income may benefit from the continuous increase in regional subsidy for feeder routes; 4) In the first half of 25H1, the company reversed a provision for impairment losses of 5 million yuan, but provided approximately 12 million yuan for the age group combination, and attention should be paid to the potential impact of the reversal of impairment on the company's profitability. (Daily Economic News)