Finance Association, January 24 (Reporter Hu Haoqiong) Benefiting from industry recovery, passenger travel demand increased throughout the year, and airlines also ushered in performance recovery. Juneyao Airlines (603885.SH) took the lead in announcing the 2023 pre-profit announcement tonight.

According to Juneyao Airlines's announcement, the company expects to achieve net profit of about 680 million yuan to 880 million yuan in 2023, which is about 680 million yuan to 880 million yuan. Compared with the same period last year (legally disclosed data), it will turn a loss into a profit. It is estimated that net profit attributable to owners of the parent company after deducting non-recurring profit and loss will be approximately 635 million yuan to 855 million yuan in 2023.

Juneyao Airlines said that during the reporting period, the company's production and operation data increased significantly over the same period of the previous year. Under the consolidated caliber, the company's usable seat kilometers (ASK) reached 47.74 billion people kilometers, passenger revenue kilometers (RPK) reached 39.53 billion people kilometers, the number of passengers reached 246.39 million, and the passenger occupancy rate reached 82.81%, up 105.79%, 153.17%, 141.31%, and 15.5 percentage points respectively over the same period last year.

A Financial Services Agency reporter also learned from Juneyao Airlines that throughout 2023, the company, including its Jiuyuan Airlines, will carry out nearly 150,000 domestic and international flights throughout the year, introduced 8 advanced airliners, and launched the introduction of wide-body aircraft since December 2023, and the fleet size has exceeded 94.

As for this year, with the arrival of the peak season for civil aviation, such as the Spring Festival travel season, airline performance is also expected to be further repaired.

Juneyao Airlines expects to invest in flights during the Spring Festival this year. Domestic routes will increase by about 40% compared to 2019, and international and regional flight execution will return to the same period in 2019. Its Jiuyuan Airlines plans to implement more than 5,000 domestic and regional flights, an increase of more than 40% over 2019.

Juneyao Airlines also launched the Shanghai-Asahikawa route yesterday. This route is the company's first new international flight to Northeast Asia during the 2024 Spring Festival travel season, and will continue to meet the needs of travelers for outbound snow and ice travel. During the 2024 Spring Festival travel season, Juneyao Airlines will operate a total of 14 international flights from Shanghai, Nanjing, Beijing, and Haikou to Northeast Asia, and will provide nearly 100 weekly direct flights to 6 destinations in Japan and South Korea to Tokyo, Osaka, Nagoya, Sapporo, Asahikawa, and Jeju Island. Starting February 2, Juneyao Airlines will also resume direct service from Shanghai Pudong to Vladivostok, Russia twice a week, further tightening the coverage of the Northeast Asian route network.

In terms of ticket sales for the Spring Festival travel season, Juneyao Airlines' tickets for some popular routes were almost sold out a week before the Spring Festival. Judging from Juneyao Airlines' sales situation, passenger travel mainly focuses on northern ice and snow tours such as Changbai Mountain, Harbin, and Changchun, as well as winter vacation themed routes in Sanya, Xishuangbanna, Beihai, Hong Kong and Macau regions, as well as homecoming routes such as Chifeng, Yingkou, and Yulin. However, due to the combined effects of recent visa-free visas in some destination countries and the recovery of overseas snow and ice tourism, routes to Hokkaido, Thailand, and Bali, Indonesia are popular among travelers, and it is difficult to find a ticket for some routes.