---
title: "CATHAY PAC AIR Securities: The aviation summer transportation welcomes its first peak in passenger flow, and an increase in ticket price profitability compared to the previous year is expected"
description: "CATHAY PAC AIR Hong Kong Securities research report pointed out that with the arrival of the summer transportation season, passenger flow and ticket prices are expected to rise year-on-year. Affected "
type: "news"
locale: "en"
url: "https://longbridge.com/en/news/247520507.md"
published_at: "2025-07-07T14:56:10.000Z"
---

# CATHAY PAC AIR Securities: The aviation summer transportation welcomes its first peak in passenger flow, and an increase in ticket price profitability compared to the previous year is expected

> CATHAY PAC AIR Hong Kong Securities research report pointed out that with the arrival of the summer transportation season, passenger flow and ticket prices are expected to rise year-on-year. Affected by the school holidays, the seat occupancy rate continues to grow, and domestic ticket prices are rising rapidly. Although additional flights during the summer transportation season are limited, the demand for family travel is strong, and the supply-demand outlook is optimistic. Considering that the ex-factory price of aviation fuel in July decreased by 13% year-on-year, the profitability performance during the summer transportation season is promising. In the next two years, supply and demand will continue to improve, and it is recommended to pay attention to oil price fluctuations for aviation investment layout

CATHAY PAC AIR Securities research report indicates that with primary and secondary schools on vacation, the summer travel season has recently reached its first peak, and it is expected that the passenger load factor will continue to rise year-on-year, with domestic ticket prices rapidly increasing. It is anticipated that summer travel extra flights will be limited while family trips remain strong, leading to optimistic supply and demand expectations, with both passenger load factor and ticket prices expected to rise year-on-year. Considering that the ex-factory price of aviation fuel in July has decreased by 13% year-on-year, the profitability performance during the summer travel season is promising. Chinese aviation has entered an era of low supply growth, and demand has consistently outperformed market concerns since April. In the next two years, supply and demand will continue to improve, and the decline in oil prices will accelerate the recovery of ticket prices and profitability. It is recommended to seize the opportunity of oil price fluctuations to layout long-term logic in aviation

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> **Disclaimer**: This article is for reference only and does not constitute any investment advice.
