A港航空股持續走強，民航局放寬國內航線航班准入
A股航空板塊早盤低開高走，隨後高位震盪，截至發稿，航空股全線飄紅。國航領漲逾6%，華夏航空漲5.7%，吉祥航空漲5.1%，南航、東航漲近4%，海航、春秋航空等跟漲。
港股航空股也走強，南方航空、中國國航、東方航空皆漲逾3%。
港A兩市航空股進一步拉昇，主要受民航局放寬國內航線航班准入政策的消息影響。9月15日，民航局運輸司副司長靳軍號通報放寬部分國內航線航班的准入政策，主要有兩方面措施：一是放開核准航段每週最大航班量限制。二是放寬涉及“北上廣”三大機場支線航線准入限制。調整後，2019年旅客吞吐量在100萬-200萬間的32個機場至北上廣航線，將不受通航點數量的准入門檻限制。
隨着國內航空需求持續恢復，航空公司持續減虧。根據飛常準大數據分析，在暑運帶動下，8月份中國內地航線航班執行量繼續保持穩定，中國內地機場8月日均起降超過28000架次，實際執飛航班37萬班次，較7月環比提升12%，8月單日最高已接近2018年的日均起降水平。
2020年二季度，三大航淨利潤虧損收窄13%，扣除匯兑和投資損失，國航、南航和東航利潤總額虧損收窄29.7%、17.7%和6.7%。預測三季度內線收益降幅收窄至15%左右，航司單季度淨利潤轉正的確定性提升。
從9月3日開始，民航局宣佈重啟9條往來北京及八個疫情已受控國家的航線，包括泰國、柬埔寨、希臘、丹麥、瑞典等。服務將陸續在9月3日起逐步恢復，而來自其他地區的航班將會被轉至12個其他城市的機場。
上週美、布原油期貨累跌超6%，美油已跌至37美元/桶；在岸和離岸人民幣目前均升破6.78關口，刷新2019年5月以來新高。
同時，十一黃金週即將到來，隨着疫情逐步得到控制，疫苗順利研發的消息不斷傳來，出行信心進一步得到提升。壓制近1年的出行需求，有望在今年十一長假集中爆發。幾大因素疊加，共同助推航空股集體走強。
中金研報指出，航空作為接觸型行業是受疫情影響最嚴重的板塊之一，在疫情之中盈利和股價均受到大幅損害，但當前基本面和股價的最低點均已過。疫苗年內落地或是大概率事件，如果疫苗上市，航空股或將迎來第一波上漲，如果疫苗接種範圍廣泛且效果出色，航空股或將迎來第二波上漲。
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