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富瑞:北京疫情第二波料北京航班受限 國航(0753.HK)影響較大
格隆匯 06-15 12:57

富瑞發表研究報告指,北京新出現的新冠肺炎個案或會引發第二波擔憂,不利中國航空公司,因為北京航線佔國內航線前五位的其中三位,以及為最能夠盈利的路線,除非在中國其他地區出現新疫情,否則只會對北京有潛在航班限制。該行指,中國國航(0753.HK)有最多北京航線,所受負面影響最大,故該行較偏好南航(1055.HK)。

該行指,自2月份的低點以來,國內乘客量已反彈94.8%,按年僅下跌8.5%,但由於中國民航局的國際航班限制和全球旅行限制,國際容量仍比去年同期低96.9%。該行續指,對中國航空業持正面看法,預計任何潛在對北京航班的限制都是暫時性,又預期中國航空公司股價可能面對短期壓力。

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