Galaxy Securities: Civil aviation travel volume continues to grow in March; the feature of staying strong in the off-season is expected to carry over to the April policy incremental milestone.

NightAirdropper · 2026-04-06T07:11:59+00:00

Gelonghui April 6｜Galaxy Securities Research Report said that, according to Flight Manager, in March domestic civil aviation passenger volume rose 12% year-on-year. Of that, passenger volume on business routes rose 8.3% year-on-year. It expects that overall civil aviation travel demand growth will still be mainly driven by leisure travel. Considering that the pilot provinces for April will begin implementing spring break, it expects overall travel data to continue to maintain strong and rapid growth. Referring to data from Trip.com and Flight Manager, from April 1 to 6 the number of domestic flight bookings rose 9% year-on-year, and bookings for domestic routes during the May Day holiday rose 13% year-on-year. In terms of pricing, during the Qingming holiday, the bare-ticket price rose 16% year-on-year.

NightAirdropper

2026-04-06 07:11:59

Gelonghui April 6｜A report from Galaxy Securities says, according to Flight Butler, that in March, China’s domestic civil aviation passenger traffic increased by +12% year over year. Of that, passenger volume on business routes grew by +8.3% year over year. It expects that growth in overall civil aviation travel demand will still be mainly driven by leisure travel. Considering that pilot provinces for April have begun implementing the spring holiday, it is expected that overall travel data may continue to maintain strong and rapid growth. Using data from Trip.com and Civil Aviation Butler, as of April 1–6, domestic flight route bookings increased by +9% year over year. During the May Day holiday, domestic flight route bookings increased by +13% year over year. On the pricing side, during the Qingming holiday, the naked ticket price increased by +16% year over year.

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