July 22, 2026 05:09 AM GMT Cathay Pacific Airways | Asia Pacific 1H26 Prelims: Beat AlphaSignals Earnings Reaction Strengthens our thesis Modest upside Modest revision higher Impact to our thesis Financial results versus consensus Direction of next 12-month consensus EPS Source: Company data, Morgan Stanley Research Key Takeaways Excluding disposal gain from Air China, its 1H26's NP achieved robust growth on a YoY basis, despite jet fuel price surges, much better than our expectation. Cathay reported 1H26 p ...

市场表现 - 印度基准股指Sensex和Nifty在早盘交易中下跌，Sensex连续第三个交易日处于下跌趋势[1][3][5] - 30股的BSE Sensex指数下跌403.54点至77,066.06点[3] - 50股的NSE Nifty指数下跌114.75点至24,070.05点[3] 下跌原因 - 飙升的原油价格和银行股遭抛售打击了投资者情绪[1][3] - 全球原油基准布伦特原油价格上涨1.15%至每桶92.06美元[5][7] 领跌与领涨公司 - 主要下跌公司包括：IndiGo航空、Axis银行、印度国家银行、太阳制药、阿达尼港口、UltraTech水泥、HDFC银行和ICICI银行[4][5] - 主要上涨公司包括：Titan、Eternal、Maruti和亚洲涂料[6] 全球市场与资金流向 - 部分亚洲市场上涨，韩国KOSPI指数大涨5.16%，日本日经225指数和上海综合指数也走高，香港恒生指数下跌[5][7] - 美国股市周二收高[5][7] - 外国机构投资者周二转为净买入，向股市注入165.016亿印度卢比[5][8]

公司业绩预期 - 国泰航空预计2026年上半年股东应占利润将更高 [1] - 预期增长得益于强劲的客运和货运需求 [1] - 低成本航空附属公司业绩改善亦提供助力 [1]

ab 17 July 2026 Global Research European Airline Sector New proposal on EU ETS could weigh into aviation Without mitigation Aviation would have continued to grow emissions Per the EU aviation accounts for 4% of EU total CO2 emissions but without measures would grow to 90% of EU CO2 emissions. A large part of this increase is long haul flights which were to be subject to the Carbon Offsetting and Reduction Scheme for International Airlines (CORSIA) to address growth in carbon. Given the CORSIA offsets cost r ...

European Airline Sector US-Iran Escalation Risks Further Capacity Cuts ab 21 July 2026 Global Research Middle East capacity continues to moderate The current weekly analysis showed a decline in the capacity for Europe to the Middle East. July schedules from the Middle East continued to show negative growth of - 6.7% vs -6.4% last week and August showed further deterioration of -5.2% (prev: - 4.7%). We expect a further decline over the coming weeks due to increased hostilities in the Middle East. However, 4Q ...

Flash | 21 Jul 2026 20:22:07 ET │ 13 pages Volaris (VLRS.N) 2Q'26 Results: Solid and In-line Earnings, Offset by Guidance Softness CITI'S TAKE Net loss of -$127M was in line with Citi and consensus estimates. The overall print looked mixed in our view, with in-line earnings offset by weakness implied in guidance. 2Q results demonstrated the company's resiliency to fuel spikes, with yields responding positively to capacity rationality and driving EBITDAR margins to close the quarter better than expected and ...

Key Takeaways 2Q26 results. EBIT of -US$99m beat VA consensus (-US$117m) and MSe (-US $112m). EBITDAR of US$141m (16.3% margin) came well above Visible Alpha consensus of US$108m and beat our US$123m estimate by 14% — while D&A was broadly in line at US$175m (vs. US$178m consensus and US$177m MSe), aircraft and engine variable lease expense (the "R" add-back) was materially higher at US$65m (vs. US$47m consensus and US$58m MSe). Diluted EPADS of -US$1.11 was above consensus of -US$1.24 but came basically in ...

公司概况与市场地位 - Delta Air Lines Inc 是一家总部位于美国的全球主要航空公司，提供北美及国际的定期客运和货运航空运输服务 [1] - 公司在高度竞争的航空市场中运营，主要竞争对手包括美国航空集团和联合大陆控股公司，以争夺市场份额 [1] 近期股价表现 - 公司股票近期呈现下跌趋势，过去30天内股价下跌约1.37% [2] - 在更近的10天期间内，股价出现更大幅度的下跌，跌幅约为2.92% [2] - 近期股价下跌可能为关注该股表现趋势的投资者提供了一个较低的入场点 [2] 财务健康状况 - 公司展现出强劲的财务健康状况，其Piotroski得分为8分（满分9分）[3] - 该高分表明公司具有坚实的盈利能力、健康的现金流和高效的运营，业务基本面稳健 [3] 分析师展望与估值 - 分析师认为该股有显著的上行空间，预计股价增长潜力为27.15% [4] - 分析师给出的目标价格为107.75美元，这表明股价从当前水平有较大的增长空间 [4] - 分析师对公司维持积极的投资展望 [5]

恶劣天气影响航空业运营 - 美国东海岸遭遇严重雷暴天气 导致至少7000架次航班被扰乱 其中超过2000架次被取消 超过5000架次被延误 [1] - 美国联邦航空管理局对至少8个美国机场发布地面停飞指令 包括纽约拉瓜迪亚机场 纽瓦克自由国际机场 波士顿洛根国际机场 费城国际机场 华盛顿特区周边机场等 [5] - 仅纽约都会区就有近600架次出发航班被取消 超过500架次被延误 且随着风暴持续 预计数字还会上升 [7] 主要机场及航空公司应对措施 - 纽约肯尼迪国际机场虽未停飞 但平均地面延误时间达到约4小时 [7] - 捷蓝航空发布旅行通告并提供灵活改签选项 受影响客户可改签至周日前的航班或申请退款 [9] - 美国联合航空公司对符合条件的客户免除改签费用和票价差额 新航班需在2026年7月20日至23日间起飞 [11] - 美国航空公司通过邮件或移动应用通知受影响客户 符合条件的旅客需在周三前改签 新行程需安排在周五前 [11] 相关航空公司股价表现 - 美国联合航空公司股价为117.70美元 上涨0.18美元 涨幅0.15% [10] - 捷蓝航空公司股价为5.35美元 下跌0.10美元 跌幅1.83% [10] - 美国航空公司股价为15.28美元 上涨0.14美元 涨幅0.92% [10]

公司动态 - 代表超过11000名机械师和其他员工的工会与美国联合航空公司达成了一项新的合同原则性协议 [1] - 该协议的达成经过了长达两年的谈判 [1]