Earnings Alerts

Air China Ltd (A) (601111) Earnings: August Passenger Traffic Soars by 21.7%, Load Factor Improves

By September 13, 2024 No Comments
  • Passenger traffic for Air China increased by 21.7% in August.
  • The passenger load factor reached 82.9%, up from 80.2% month-over-month.
  • Analyst recommendations for Air China include:
    • 13 buy ratings
    • 3 hold ratings
    • 2 sell ratings

A look at Air China Ltd (A) Smart Scores

FactorScoreMagnitude
Value2
Dividend1
Growth5
Resilience2
Momentum3
OVERALL SMART SCORE2.6

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Based on Smartkarma Smart Scores, Air China Ltd (A) shows promising signs in terms of growth and momentum, scoring 5 and 3, respectively. This indicates a strong potential for expansion and positive market performance in the future. However, the company lags behind in terms of value, dividend, and resilience with scores of 2, 1, and 2, respectively. This suggests that investors may need to carefully consider these factors before making investment decisions.

Air China Limited, operating in the airline industry, provides a range of passenger, cargo, and airline-related services primarily in China. With its headquarters in Beijing, the company serves as a significant hub for both domestic and international air transportation. Additionally, Air China offers services such as aircraft maintenance, ground services, and in-flight catering. Keeping in mind the Smartkarma Smart Scores, particularly focusing on the company’s strengths in growth and momentum, investors may find Air China Ltd (A) an interesting prospect for long-term investment.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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