Spring Airlines Co., Ltd. operates air passenger and cargo transportation in Mainland China, Hong Kong, Macao, Taiwan, and internationally. Its services include air mail and baggage transport, general aviation, charter and fixed-route tourist passenger transportation, and accident, travel, and flight delay and cancellation insurance products. It is also involved in import and export of goods and technologies, advertising, e-commerce, training, business, financial leasing, and rental activities. As of December 31, 2025, the company owned and operated a fleet of 134 aircraft. Founded in 2004, it is headquartered in Shanghai, China, and is a subsidiary of Shanghai Spring International Travel Service Ltd.
Spring Airlines' first-half 2026 net profit falls 10.81% to 1.042 billion yuan
Spring Airlines released its 2026 semi-annual report, achieving operating revenue of 12.336 billion yuan, up 19.72% year on year. Net profit attributable to shareholders of the listed company was 1.042 billion yuan, down 10.81% year on year. The company plans to distribute a cash dividend of 0.33 yuan per share, tax included, to all shareholders. Based on calculations, the company's second-quarter net profit was 59 million yuan, down 93% quarter on quarter from 983 million yuan in the first quarter.
Spring Airlines H1 Net Profit Falls 10.81% Year on Year; Proposes 3.3 Yuan Cash Dividend per 10 Shares
Spring Airlines disclosed its semi-annual report on August 28. In the first half of 2026, the company achieved operating revenue of 12.336 billion yuan, up 19.72% year on year. Net profit attributable to shareholders of the listed company was 1.042 billion yuan, down 10.81% year on year. Basic earnings per share were 1.08 yuan. The company plans to distribute a cash dividend of 3.3 yuan, tax included, for every 10 shares. During the reporting period, the company completed total transport turnover of 2,855,688 ten-thousand-ton kilometers, passenger turnover of 3,130,674.8 ten-thousand-passenger kilometers, and carried 17.373 million passengers, up 18.3%, 18.0%, and 14.2% year on year respectively. The passenger load factor was 92.6%, up 2.08 percentage points year on year.
Spring Airlines Plans Public Issuance of Corporate Bonds Not Exceeding 10 Billion Yuan
Spring Airlines announced that the company plans to publicly issue corporate bonds with a par value of 100 yuan each, issued at par, with total principal not exceeding 10 billion yuan, inclusive of 10 billion yuan. The bonds will have a term of no more than five years, inclusive of five years. After deducting issuance expenses, the proceeds will be used to supplement working capital, repay interest-bearing liabilities, purchase fixed assets, or for other purposes permitted by laws and regulations.
601021.CG · Capital · Neutral Plans to issue up to 10 billion yuan in bonds to fund working capital, repay debt, and buy assets; impact depends on use and market reception.
Spring Airlines July passenger turnover up 9.72% year on year
Spring Airlines announced that passenger turnover in July 2026 reached 5.869 billion passenger-kilometers, up 9.72% year on year. The passenger load factor was 93.31%, up 1.45 percentage points year on year.
Six stocks register for dividends today; Foxconn Industrial Internet leads with 6.50 yuan per 10 shares
Based on the equity registration date, a total of six listed companies will implement their dividend plans today. Among them, four companies are distributing at least 1 yuan in cash per 10 shares. Foxconn Industrial Internet offers the most generous payout at 6.50 yuan per 10 shares, followed by Spring Airlines and ST Humanwell with 5.30 yuan and 4.80 yuan per 10 shares respectively. Looking at share price performance over the past five trading days, Guomai Culture rose 5.05 percent, the biggest gainer, while Visual China Group and ST Humanwell climbed 2.95 percent and 2.63 percent respectively. In contrast, Foxconn Industrial Internet fell 14.44 percent over the same period. Statistics show that a total of 3,651 A-share companies have proposed distribution plans for 2025, of which 3,640 include cash dividends, with total cash payouts reaching 1.59 trillion yuan.
Spring Airlines June Passenger Turnover Rises 15.53% Year-on-Year
Spring Airlines released its operating data for June 2026, with passenger turnover reaching 5.14 billion passenger-kilometers, up 15.53% year-on-year. Over the same period, total transport turnover was 473 million ton-kilometers, up 16.62% year-on-year, and cargo and mail turnover reached 19.05 million ton-kilometers, up 33.52% year-on-year.
Spring Airlines Adds Four A320neo Aircraft in June 2026, Load Factor at 91.86%
Spring Airlines announced its key operating data for June 2026. The company added four Airbus A320neo aircraft during the month, bringing its total fleet to 138 Airbus A320 family aircraft by month-end. New routes launched include Shenzhen to Jakarta and Guangzhou to Jakarta. Available seat kilometers for the month reached 5.595 billion, down 15.85% year-on-year. Revenue passenger kilometers totaled 5.14 billion, down 15.53% year-on-year. The passenger load factor was 91.86%, down 0.25 percentage points year-on-year.
601021.CG · Demand · Neutral Load factor slightly down YoY, but still high at 91.86%; fleet expansion and new routes indicate growth, while ASK and RPK declines suggest demand weakness.
Spring Airlines Completes Buyback of 10.6388 Million Shares for Approximately 500 Million Yuan
Spring Airlines has completed all buyback operations, repurchasing a total of 10.6388 million shares, representing 1.09% of the company's total share capital, with a total payment of approximately 500 million yuan. The highest repurchase price was 48.91 yuan per share, the lowest was 43.70 yuan per share, and the average repurchase price was 46.99 yuan per share. According to the proposal previously approved by the board of directors, the repurchase price cap was 65 yuan per share, with a total fund amount of no less than 300 million yuan and no more than 500 million yuan. All repurchased shares will be used to safeguard company value and shareholder interests. The shares repurchased this time will be temporarily held in a dedicated repurchase securities account and may be sold through centralized bidding 12 months after the announcement of the buyback results and share changes. If not sold or fully sold within three years, the unsold portion will be cancelled.
13 stocks receive buy ratings from institutions today, with Taotao Vehicles drawing the most attention
A total of 13 stocks received buy ratings from institutions today, with Taotao Vehicles drawing the most attention, securing three buy rating records. According to statistics from Securities Times Data Treasure, institutions published a total of 15 buy rating records covering 13 stocks. Among the six rating records that provided target prices, five stocks have upside potential exceeding 20 percent. Kibing Group has the highest upside potential, with GF Securities forecasting a target price of 13.48 yuan, representing a 60.10 percent increase from the latest closing price. Spring Airlines and China Southern Airlines have upside potential of 49.08 percent and 48.56 percent, respectively. In addition, six rating records mark first-time coverage by institutions, involving six stocks including Caibai Shares and Jinbo Bio. By sector, the electronics and machinery equipment sectors each have two stocks on the list, while the transportation and automotive sectors also each have two stocks receiving institutional attention.
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