【国泰海通交运|岳鑫团队】周观察:航空国际票价大涨,油运运价再创新高

交运鑫观点
Nov 16

报告发布:2025年11月16日报告导读航空:超级周期或将开启。近期国内公商活跃国际票价大涨,看好2026年需求增长驱动票价盈利上行。油运:运价再创新高,我们预计Q4油轮盈利将创十年新高,有望迎来超级牛市。快递:双十一件量增速放缓,即时零售分流效应有限。。投资要点一、航空:国内公商活跃国际票价大涨,预计Q4大幅减亏并全年扭亏10月底换季影响弱于往年,且客座率维持高位、票价维持同比上升。其中,国内...

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