bullish

China Pair Trade Idea: Long Air China (753 HK), Short CSA (1055 HK)

439 Views10 Apr 2024 07:30
​Air China has lower USD debt than CSA, making it less exposed to Rmb depreciation. Recovery of international traffic will lower unit costs and improve the passenger load factor for Air China.
What is covered in the Full Insight:
  • Performance Comparison - Air China and China Southern Airlines
  • Financial Position and Debt Structure
  • Passenger Load and Unit Cost Analysis
  • Strengths and Areas of Concern for the Airlines
  • Valuation Comparison
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