On June 18, Air China fell 3.42% in regular trading, trading at 4.53 HKD/share, with turnover of 28.15 million HKD. The decline comes as the market continues to unwind gains from earlier optimism surrounding a proposed US-Iran ceasefire agreement that has yet to be formally signed.

The proposed US-Iran agreement previously drove Air China up over 10% in a single session, but persistent uncertainty over the deal's execution has prompted sustained profit-taking. Compounding the pressure, Air China disclosed weak May operating data: consolidated passenger turnover declined 2.7% year-over-year, while capacity measured by available seat kilometers fell 6.4%. Domestic operations were particularly soft, with domestic passenger turnover down 7.5% and domestic capacity down 9.4%. International routes showed relative resilience, with passenger turnover rising 9.8% year-over-year. Average load factor improved 3.2 percentage points to 84.5%.

Within the Airlines sector, the overall sector extended weakness. Among individual stocks, Cathay Pacific down 1.24%, China Eastern Airlines down 2.20%, China Southern Airlines down 2.61%.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)