Changes in Hong Kong stocks | Aviation stocks rank ahead of the rise, the US and Iran suspend mutual attacks, and the sharp drop in oil prices, and improvements in airline business strategies can be expected

The Zhitong Finance App learned that aviation stocks had the highest gains. As of press release, Air China (00753) rose 3.44% to HK$4.21; China Southern Airlines (01055) rose 3.87% to HK$3.49; Cathay Pacific (00293) rose 2.99% to HK$14.47; and Eastern Airlines (00670) rose 2.93% to HK$3.16.

According to the news, US President Trump issued an order to suspend air strikes against Iraq on the 24th, and the Iranian military later announced on the 26th that it would suspend reciprocal attacks. At one point, international oil prices fell sharply by more than 6%. Changjiang Securities, on the other hand, said that looking ahead, the peak summer season is expected to continue to support flight volume, passenger flow, and passenger occupancy rates, but ticket prices are still low year over year, and the industry's profit flexibility still depends on stabilizing bare ticket prices and changes in aviation fuel costs during the peak season.

It is worth noting that recently, major airlines have successively withdrawn from the China Aviation Communications ICS system (the airline's most core flight management system). Cathay Pacific Haitong Securities released a research report stating that it is expected to push the airline's revenue management focus from “peer competition” to “passenger demand,” which will help reduce irrational competition and improve revenue management. It is recommended to pay attention to subsequent changes in airline business strategies and ticket price trends.