兴业证券：供需支撑航空业景气上行迈入弹性临界点

智通财经2025-12-24

智通财经APP获悉，兴业证券发布研报称，展望2026年，航空行业供需紧平衡态势有望持续，超高的客座率有望向票价有效传导，叠加油价中枢下行、政策支持等积极因素，航司将正式迈入利润上行周期，旺季票价弹性值得期待。该行认为，后续多重利好有望拉动国内及国际航空需求的“量价齐升”。兴业证券主要观点如下：行业景气度见底回升，迈入上行周期临界点经过2023-2024年持续的供需修复，航空业已处于景气周期的重要...

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兴业证券：供需支撑航空业景气上行 迈入弹性临界点

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兴业证券：供需支撑航空业景气上行迈入弹性临界点