Global Mobility/Transport, Equity Long-Short

Mohshin Aziz

Capital market veteran with 22 years experience with stints as an analyst (sell-side & buyside), investor relations and fund manager. 

My key expertise in the aviation sector. My definition of "aviation" includes airlines, travel tours, airports, airport retail & services, OEMs, online travel agents, aircraft lessors, air cargo/logistics, etc.   

I have an active watchlist consisting 190 companies across 41 countries. The aviation sector is highly cyclical and I am constantly evaluating signals to uncover attractive trade opportunities.

Crisis in the Red Sea, if This Persists, We May Need to Rethink About Victory over Inflation

Asian Dividend Gems: Regional Container Line (RCL)

Cathay Pacific (293 HK, BUY, TP HK$9.90): Inputs from Analyst Briefing

TS Lines Pre-IPO | Slimming Down Fleet | Intra-Asia Market Update | Latest From Key Comp Wan Hai

TS Lines Pre-IPO | Like Wan Hai Lines, but Smaller | Intra-Asia Update | Approaches to Valuation

TRACKING TRAFFIC/Lalatech IPO: Attractive Segment | 'Unbelievable' Cost Control | Hidden Competition

Thematic (Sector/Industry)

Macau Air freight and logistics / Thematic (Sector/Industry)

<ul>
<li>Air cargo rates from Hong Kong and Shanghai have plunged in the past week, as spot demand dries up post-Christmas rush and reverts to previous (lower) contractual rates      </li>
<li>Sea freight rates surged due to the Red Sea/Suez situation, with further increases expected. China to Europe air freight is highly competitive, potentially prompting a shift from sea freight</li>
<li>Chinese air carriers and Cathay Pacific will record stronger than expected 2H23 performance on air freight, and we think air freight should continue to be firm in 1Q24</li>
</ul>


Air cargo rates from Hong Kong and Shanghai have plunged in the past week, as spot demand dries up post-Christmas rush and reverts to previous (lower) contractual rates      
Sea freight rates surged due to the Red Sea/Suez situation, with further increases expected. China to Europe air freight is highly competitive, potentially prompting a shift from sea freight
Chinese air carriers and Cathay Pacific will record stronger than expected 2H23 performance on air freight, and we think air freight should continue to be firm in 1Q24


There's Something About Air Cargo (Part II)