中国国航2026年度投资峰会速递:收益水平有望受益于行业供需改善

华泰证券
Nov 06, 2025

11 月5 日中国国航出席了我们组织的2026 年度投资峰会,会上公司就行业供需展望、近期公司运营情况、定增预案公告等与投资者进行了交流。投资者关注的要点:1、投资者关注行业未来供给增速情况。我们认为由于全球供应链扰动、上游飞机供应商交付能力未完全恢复、行业飞机利用率进一步提升空间已有限、我国航司在手剩余订单较为紧张等因素,行业供给或将维持较低水平。2、投资者与公司管理层重点交流了行业近期收益水平...

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