MBAIRCN@EC2706A

Air China Issues 2 Billion Yuan SCP003 Short-term Financing Bill with Coupon Rate of 1.38%

Air China April 2026 Passenger Traffic Up 5.8% to 25.122 Billion Passenger Kilometers

Air China April Passenger Numbers Up 2.6% YoY, First Four Months Up 8.4%

Air China Announces April Operating Data: Passenger and Cargo Turnover Both Rise

Air China reports April load factor reaches 85.5%

Morgan Stanley Cuts Chinese Airline Stock Price Targets

GuoHai Securities Initiates Buy Rating on China National Airlines A-shares

Air China Confident in Second Quarter Fare Improvement

Air China Renewed Financial Services Framework Agreement with State Air Financial for 2027-2029

Air China signs new financial services agreement with subsidiary

Air China Announces 183.86% YOY Net Profit Growth in Q1 2026

Air China released FY2026 Q1 earnings on April 29 During-Market (BJT), actual revenue HKD 50.49 B (forecast HKD 51.21 B), actual EPS HKD 0.1133

Airline Launches Paid Meal Services, In-Flight Meals Transition from Cost to Revenue

Rolls-Royce Enhances Presence in China's AER Engine Maintenance Market Through Joint Venture

Air China Releases 2025 Annual Report

Air China FY2026 Q1 Earnings Release on April 29 During-Market (BJT), Forecast Revenue HKD 51.19 B

Analyst Downgrades Air China Ltd. Stock Rating to 'Strong Sell'

Multiple Airlines Acquired, Ceased Operations, or Merged

Air China reports 19.9% YoY increase in passenger traffic in March 2026

DBS Downgrades China National Airlines H-Share Rating and Target Price

JOLIMARK

TIMES UNI GP

APEX ACE HLDG

VPOWER GROUP

GW TIANDI

FUJING HOLDINGS

TEAMWAY INTL GP

SFSY NEW MAT

FDB HOLDINGS

KEEN OCEAN

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Air China shareholders approved all resolutions at the 2025 AGM, including financial statements and auditor reappointments, despite ongoing losses exceeding one-third of paid-up capital. The meeting saw strong turnout with over 99.9% support for the board's proposals. Analysts currently rate the stock as a Sell with a target price of HK$4.10, reflecting concerns over profitability and capital management.

Tip Ranks

AIR CHINA

Air China

CATHAY PAC AIR

Air China Shareholders Back All AGM Resolutions Amid Ongoing Losses

Air China has added a board election proposal to its 2026 AGM agenda, scheduled for May 28 in Beijing. The proposal, submitted by its controlling shareholder, China National Aviation Holding, seeks shareholder approval for the election of Mr. Lam Siu Por Ronald as a non-executive director. This change may impact the board's composition and governance. Shareholders can vote in person or via a revised proxy form. The current analyst rating for Air China stock (HK:0753) is a Sell, with a price target of HK$4.10.

Air China Adds Board Election Proposal to 2026 AGM Agenda

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HSBC Research reports that while travel demand in Mainland China remains strong during the May Day holiday, airfares have increased by 9.7% YoY due to high fuel surcharges. Average daily air passenger traffic fell by 5.7% YoY, while rail traffic rose by 4.6% YoY. The broker predicts the three major domestic airlines will incur losses in 2Q26, with potential losses widening by 38% for every 10% rise in fuel prices. Trip.com Group and TONGCHENGTRAVEL received Buy ratings, while AIR CHINA, CHINA EAST AIR, and CHINA SOUTH AIR were rated Reduce due to structural challenges.

AASTOCKS News

TRIP.COM-S

CHINA EAST AIR

CHINA SOUTH AIR

Trip.com

TONGCHENGTRAVEL

Us Global Jets

MicroSectors™ Travel 3X Leveraged ETNs

Invesco Leisure & ENT ETF

SPDR S&P Transp

China Southern CNI Transportation Industry ETF

iShares US Transportation ETF

AdvisorShares Hotel ETF

Guotai CSI Mainland transport theme ETF

ChinaAMC CSI All Share Transportation ETF

ETFMG Travel Tech ETF

HSBC Holdings Plc

HSBC HOLDINGS

HSBC

HSBC 5xShortSG241213

Trip.com HK SDR 50to1

HSBC Research: Mainland Travel Demand Persists but Shifts to Rail; Big Three Airlines Expected to Post Losses in 2Q26

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UBS reported that mainland airlines exceeded 1Q expectations, with Air China, China Eastern, and China Southern all posting recurring net profits. Spring Airlines saw a 44% YoY profit increase. However, UBS warns that high oil prices may lead to significant earnings declines in 2Q, potentially causing losses for major carriers if prices remain elevated.

UBS Group AG

UBS: Mainland Airlines 1Q Results Beat; 2Q May Swing to Loss on High Oil Prices

Air China Limited reported a profit of RMB1.71 billion in Q1, reversing last year's loss of RMB2.04 billion, driven by an 11.3% revenue increase to RMB44.54 billion. Earnings per share improved to RMB0.10 from a loss of RMB0.12. Total profit reached RMB1.90 billion, compared to a loss of RMB2.45 billion a year ago. Despite this positive performance, shares closed down 1.47% at HK$4.690.

rttnews

Air China Turns To Profit In Q1 On Revenue Growth

China's top three state-owned airlines reported profits in Q1 2026, driven by strong demand during the Lunar New Year and recovering global travel. China Southern Airlines posted a net profit of 1.48 billion yuan, Air China 1.71 billion yuan, and China Eastern Airlines 1.63 billion yuan. However, rising fuel costs due to the Iran war cloud the outlook, with jet fuel prices nearly doubling. The airlines are expanding fleets and focusing on international markets, but face challenges in passing on costs to price-sensitive customers.

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Airbus SE

Airbus

Bank of America

BANK OF AMERICA CORPORATION DEP SHS REP 1/1000TH INT NON CUM PFD QQ

BANK OF AMERICA CORPORATION DEP SHS REP 1/1200TH PRF SERIES '5'

BANK OF AMERICA CORPORATION 7.25% NON-CUM PERP CONV PFD SER L

BANK OF AMERICA CORPORATION 5.875%NON CUM DEP SHS REP1/1000TH SER HH

BANK OF AMERICA CORPORATION DEP SHS REP 1/1200TH PRF SERIES '2'

BANK OF AMERICA CORPORATION 5% DEP SHS REPR 1/1000TH NON CUM PFD LL

BANK OF AMERICA CORPORATION DEP SHARES REP 1/1000TH PERP PFD SER 'E'

BANK OF AMERICA CORPORATION INCOME CAPITAL OBLIG NTS DUE 15/12/2066

BANK OF AMERICA CORPORATION 4.375% DP SH RP 1/1000TH IN NON CU PF NN

BANK OF AMERICA CORPORATION DEP SH REP 1/1200TH PRF SER 1 USD25

BANK OF AMERICA CORPORATION 5.375%DEP SHS REP 1/1000TH NON CUM SR KK

BANK OF AMERICA CORPORATION 6%NON CUM DEP SHS EACH REP 1/1000 SER GG

BANK OF AMERICA CORPORATION DEP SHS REP 1/1200 PFD SER 4 USD25

BANK OF AMERICA CORPORATION DEP SHS REP 1/1000TH NON CUM PFD SER SS

BANK OF AMERICA CORPORATION 4.125%DEP SH REP 1/1000 PFD SER PP USD25

Bank of America Corp

China's top airlines swing to Q1 profit, fuel costs cloud outlook

RYCEY

Rolls-Royce is enhancing its presence in China through a joint venture with Air China, named Beijing Aero Engine Services (BAESL), which began operations in December. This venture aims to provide engine maintenance services for Chinese airlines, with plans to expand to overseas carriers. Rolls-Royce holds a significant share of China's widebody aircraft fleet and anticipates a rise in demand for after-sales services. The company projects a 30-40% increase in engine flying hours by 2028, and BAESL is expected to boost its global maintenance capacity by 2030, marking a significant advancement in China's aircraft-engine maintenance sector.

MBAIRCN@EC2706A(29539.HK)

Air China Shareholders Back All AGM Resolutions Amid Ongoing Losses

Air China Adds Board Election Proposal to 2026 AGM Agenda

HSBC Research: Mainland Travel Demand Persists but Shifts to Rail; Big Three Airlines Expected to Post Losses in 2Q26

UBS: Mainland Airlines 1Q Results Beat; 2Q May Swing to Loss on High Oil Prices

Air China Turns To Profit In Q1 On Revenue Growth