航空行业9月数据点评:航司运力运量持续增长 有望迎来行业黄金时代

申万宏源研究
Oct 16, 2025

本期投资提示:9 月民航运力运量均同比增长。根据航班管家数据,9 月民航旅客运输量约6270 万人次,同比24 年增长4.6%;民航国内运力同比24 年增长1.0%,国内客流量同比24 年增长3.6%。9 月国际客运航班约5.6 万班次,恢复至19 年同期的85.7%,中国大陆赴日、韩、香港航班量排列前三。9 月民航日均飞机利用率为7.8 小时,同比+0.6%。根据航班管家数据,9 月宽体机日均...

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