Guohai Securities cites 13.00 percent growth for Spring Airlines stock

Published on 10/25/2026 at 02:35 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Spring Airlines stock had CNY 6.27 billion in second-quarter revenue. Results are due October 30, 2026, after CNY 59.44 million net income.

Capacity and earnings calendar

Guohai Securities highlighted 13.00 percent capacity growth through September on October 19, 2026.
Second-quarter revenue reached CNY 6.27 billion, while net income was CNY 59.44 million.
Spring Airlines is scheduled to publish third-quarter results on October 30, 2026.

Spring Airlines, CNE100001V45, Illustration mit AI erstellt.

Spring Airlines (CNE100001V45) generated CNY 6.27 billion in revenue in the second quarter of 2026, while net income was CNY 59.44 million, according to Investing.com. The latest operating data point to continued capacity expansion, but the earnings calendar puts the next hard test on October 30, 2026.

Three operating signals in 2026

On June 30, 2026, Spring Airlines recorded second-quarter revenue of CNY 6.27 billion and net income of CNY 59.44 million, compared with CNY 6.07 billion in revenue and CNY 982.83 million in net income in the first quarter of 2026, as listed by Investing.com. On September 30, 2026, passenger trips were up 9.80 percent year over year, according to TradingView. On October 19, 2026, a Guohai Securities report said Spring Airlines' January-to-September available seat kilometers rose 13.00 percent year over year, with capacity growth above that of the other airlines covered in the report, as published by Futunn.

What does 13.00 percent mean?

The figure shows that Spring Airlines is adding flying capacity faster than the broader group cited in the October 19 report. That supports passenger growth, but it also raises the importance of fares and load factors because additional seats only translate into stronger earnings when demand absorbs them. The same report said September capacity and passenger traffic across six major airlines increased 5.10 percent and 5.80 percent year over year, while the load factor reached 86.40 percent.

Next reporting date

Spring Airlines is scheduled to present its third-quarter 2026 results on October 30, 2026, for the period ended September 30, 2026. A consensus compiled by finanzen.ch projects third-quarter revenue of CNY 7.04 billion, up 8.76 percent from CNY 6.47 billion in the year-earlier quarter, and earnings per share of CNY 1.15 versus CNY 1.20.

Capacity meets earnings pressure

Spring Airlines' operating profile remains centered on low-cost passenger and cargo transportation from China, with 102 Airbus A320-family aircraft and approximately 210 domestic routes. The second-quarter comparison shows the central tension for the stock: revenue increased by CNY 196.28 million from the first quarter, while net income fell by CNY 923.39 million. Investors therefore have a concrete checkpoint in the October 30 results, when traffic growth, fares and profitability can be assessed together.