Guangfa Securities: Civil aviation demand is stable, and the recovery of international routes is accelerating
Guangfa Securities released a research report indicating that during the summer transportation period of 2025, the number of civil aviation flights in the country is expected to reach 1.054 million, a year-on-year increase of 3.2%. The increase in international flights is 13.2%, with passenger transport volume reaching 147 million, a year-on-year increase of 3.4%. During the National Day holiday, the civil aviation passenger transport volume is approximately 19.17 million, a year-on-year increase of 3.4%. Benefiting from the visa-free policy, international routes have recovered strongly, with airports in East China and South China performing exceptionally well. The year-on-year growth rate of passenger flow at major listed airports outpaces that of flight volume, and overall air travel demand continues to rebound
