Shenwan Hongyuan: Initial results of the aviation industry's "anti-inward spiral" strategy are showing success, focusing on the continued improvement of performance in the airport sector.

Shenwan Hongyuan released a research report stating that they continue to recommend the aviation sector. The current aircraft manufacturing chain is facing unprecedented challenges, with supply highly constrained. Passenger load levels continue to rise to historical highs, and the trend of increasing inbound and outbound passenger volumes is confirmed. More capacity will be allocated to international routes. Looking at the industry's turning point, airline profitability is expected to see significant improvement, and airlines are expected to enter a golden age. Focus on global aircraft leasing companies and keep an eye on the airport sector with improving performance.