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惠譽:內地航空業步入復甦 料出行熱潮將延續至暑假
惠譽評級表示,經歷了新冠疫情引發的長期低迷後,中國一些主要機場營運商預計其本財年上半年的經營業績將實現扭虧為盈,營收反彈是驅動利潤回升的主要因素。 惠譽表示,中國航空客運量繼今年初強勁回升後,次季步入更穩定上升軌道,總共錄得1.55億人次,為2019年平均水平的94%。惠譽認為,在政府支持性政策的帶動下,累積的儲蓄、被抑制的需求得到釋放以及消費者信心逐步恢復等因素共同推動航空業持續復甦。 惠譽表示,次季長周末假期成為拉動出行需求強勁回暖的催化劑,並提振了出行情緒。勞動節期間日均航班量超過了2019年的水平,主要得益於國內航班大幅增加。儘管經濟存在波動,但惠譽預計出行熱潮將延續至暑運。 然而,本季度國際航線客運量僅恢復至疫前水平的33%,主要受到航班不足的掣肘。惠譽預計客運量增長潛力依然巨大,即使復甦可能是一個漸進的過程且有賴於國際航線供給量。 中國擬為新機場建設和現有機場的現代化改造投入大量資金。惠譽認為,大部分機場中期內的資金需求仍然十分可觀。上海第三機場將於今年11月在南通開工建設,預計耗資500億元人民幣。
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