Earnings Alerts

Air China Ltd (A) (601111) Earnings Surge: June Passenger Traffic Up 22.6%, Load Factor Hits 80%

  • In June 2024, Air China’s passenger traffic increased by 22.6%.
  • The passenger load factor for the month was 80%.
  • Analysts’ ratings for Air China stocks:
    • 16 buys
    • 2 holds
    • 2 sells

A look at Air China Ltd (A) Smart Scores

FactorScoreMagnitude
Value2
Dividend1
Growth5
Resilience2
Momentum4
OVERALL SMART SCORE2.8

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 the Smartkarma Smart Scores, Air China Ltd (A) shows a promising long-term outlook. With a top score in Growth and a strong showing in Momentum, the company seems positioned for future success. Being a major player in the Chinese aviation industry, Air China Limited provides a wide range of services including passenger and cargo transportation. Their focus on growth and strategic momentum suggests potential for sustained performance in the coming years.

Air China Ltd (A) may face challenges in the Value and Dividend categories, with lower scores in these areas. However, its resilience score is average, indicating a moderate ability to weather economic uncertainties. Overall, Air China Ltd (A) appears to be a growth-oriented company with solid momentum in the market. As a significant player in the aviation sector, Air China’s services contribute significantly to both domestic and international air travel.

Summary of the Company: Air China Limited is a Beijing-based company that provides passenger, cargo, and airline-related services in China. Its services range from aircraft maintenance to in-flight catering, positioning itself as a key player in both domestic and international air transportation.


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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