Grunt 24th September | Beijing Capital Airport rose nearly 7%, Meilan Airport rose 5.5%, Air China Limited rose 2.3%, China Southern Airlines rose 1.7%, Eastern Airlines, and Cathay Pac Air all increased. China Post Securities stated that the Civil Aviation Administration disclosed the industry's operation data for August 2024, with a passenger transportation volume of 72.93 million in August 2024, a year-on-year increase of 14.0%, a regular passenger seat rate of 86.9%, a year-on-year increase of 5.4 percentage points, and the passenger transportation volume and seat rate of civil aviation both reached their highest single-month historical values. Due to the impact of the typhoon, the travel data during the Mid-Autumn Festival is not comparable, and overall stable travel is expected during the National Day holiday. The recent significant decrease in oil prices is bullish for alleviating cost pressures on airlines.