据东方航空消息，针对2026年春运，东方航空聚焦旅客出行需求，进一步升级"空铁联运"服务，推出三 大新举措，构建"航空+高铁"一体化出行新模式，便利长三角地区旅客春运出行。 此次升级中，东航APP上线"空铁通-轻松出行"功能，推出GWS高铁航站楼服务，将航空服务前置至高 铁枢纽，旅客可在高铁站完成值机、行李直挂等手续，目前该服务已拓展至宁波站、杭州东站、苏州站 等6个火车站。同时，东航持续扩容空铁联运服务网络，将多个高铁枢纽站点纳入体系，目前服务站点 已增至21个，进一步延伸服务触角。此外，东航在官网"长三角专区"增设四个专属服务入口，结合不同 客群需求定制服务方案，优化换乘体验。 此次服务升级是东航对春运民生保障需求的回应，通过航空与高铁的无缝联动，提升中转效率，缓解出 行焦虑，让长三角旅客春运回家路更便捷畅通。 (东方航空) ...

Core Viewpoint - The State-owned Assets Supervision and Administration Commission (SASAC) announced the incentive income for executives of central enterprises for the 2022-2024 term, which consists of annual salary and term incentive income, with the latter being distributed every three years [1][3]. Group 1: Incentive Income Overview - A total of 87 central enterprises have disclosed their incentive income for the 2022-2024 term [3]. - Notable executives and their respective incentive incomes include: - Jie Houliang, Chairman of China National Petroleum Corporation, with an incentive income of 86.21 million RMB [3]. - Ma Yongsheng, Chairman of Sinopec, with an incentive income of 84.81 million RMB [5]. - Wang Dongjin, Chairman of CNOOC, with an incentive income of 86.06 million RMB [7]. - Zhang Wei, Chairman of State Grid Corporation, with an incentive income of 78.17 million RMB [10]. - Meng Zhenping, Chairman of China Southern Power Grid, with an incentive income of 83.54 million RMB [11]. Group 2: Additional Executive Incentive Incomes - Other notable executives include: - Wen Shugang, Chairman of China Huaneng Group, with an incentive income of 63.47 million RMB [12]. - Zou Lei, Chairman of China Datang Corporation, with an incentive income of 80.02 million RMB [14]. - Liu Mingsheng, Chairman of State Power Investment Corporation, with an incentive income of 26.02 million RMB [16]. - Wang Xiangming, Chairman of China Resources Group, with an incentive income of 82.44 million RMB [36]. - Miao Jianmin, Chairman of China Merchants Group, with an incentive income of 85.08 million RMB [34].

此次东航"空铁联运"升级还通过优化高铁与航班时刻的智能衔接，让跨交通方式换乘更顺畅高效。将旅 客陆侧高铁段的行程，也作为"虚拟航班"纳入测算，从而更精准地与航班时刻接续，为旅客出行提供建 议，即"虚拟航班主流程升级"。 《中国民航报》、中国民航网 记者钱擘 报道：2026年春运启幕，东航聚焦旅客出行，进一步升级"空铁 联运"服务，推出了GWS高铁站服务前置从而实现"空铁通-轻松出行"、空铁联运网络扩容、"虚拟航班 主流程升级"三大新举措，让长三角地区旅客春运出行更从容，助旅客"少排队、少换乘、多福利"。 围绕这一优化，东航在官网的"长三角专区"增设了"畅享专享"、"空中Wi-Fi"、"多式联运"、"市域机场 线"四个入口，针对商务差旅、家庭出行等不同客群需求，定制最合适的专属权益与服务方案，让旅客 可通过清晰指引快速获取适配服务，实现精准触达。（编辑：陈虹莹 校对：李佳洹 审核：程凌） 围绕此次升级，东方航空APP上线"空铁通-轻松出行"功能。该功能创新研发GWS（全称Gate Workstation，数字值机工作站）高铁航站楼服务，能通过软件，将值机和托运服务前置至高铁枢纽。东 航旅客在相应的高铁站即可完成 ...

央企唯一驻甘航空运输企业 托举千年古丝路新启航 东航甘肃分公司搬迁中川机场 T3 后，为旅客创造了更舒适的出行环境（东航甘肃分公司供图） 刚刚过去的2025年，东航甘肃分公司党委充分发挥兰州机场基地航司作用，保障T3转场，联合机场开 展7次全流程大规模、2次国际航班进出港和1次真实航班演练，各保障单位同步开展66次常态化演练， 东航员工在中川机场机坪保障运行（东航甘肃分公司供图） ——记东航甘肃分公司推动党建与业务深度融合发展 《中国民航报》、中国民航网 记者钱擘 通讯员姜静 报道：新春佳节即将来临之际，东航甘肃分公司迎 来了搬迁至兰州中川机场T3航站楼之后的首场春运保障。在这家央企唯一驻甘航空运输企业的服务 下，飞往东南亚"免签朋友圈"的出港旅客、来体验北国风光的冰雪游到港客流，在此南来北往。2026年 春运，东航甘肃分公司优化航线网络，加密航班，同时增加飞往南方城市航班，为甘肃旅客冬季出行提 供更多选择，并与机场联合开设"兰嘉快线"专属柜台，提升旅客出行效率。在"十四五"收官、"十五 五"开局之际，东航甘肃分公司推动党建与业务深度融合发展的努力，已在书写新篇章。 今年是东航甘肃分公司搬迁中川机场 T3 之 ...

2026年春运的大幕正式拉开，东航云南公司地面服务部离港一分部班组长张志鹏，迎来了他坚守岗位的 第十六个春运。一本被翻得页角卷曲的旅客保障记录册，常年放在他的工作服口袋里。这本记满服务细 节的小册子，让同事们称他为"行走的服务活指南"。十六年来，他始终扎根于春运一线，以实实在在的 坚守和细致入微的关怀，守护着旅客们的团圆返乡之路。 春运备战：把保障细节做在启幕前 2月1日清晨6点，天刚蒙蒙亮，昆明长水国际机场的航站楼还透着凉意，距离春运正式启幕仅剩24小 时，张志鹏已经带着班组骨干站在航班信息大屏前，开展春运保障前置推演。"今年春运客流同比攀 升，咱们负责的登机口的同事要落实双岗备份，绝不能掉链子。"他握着激光笔，在大屏上圈出重点航 班，语气笃定，"提前对接好轮椅服务，早班加派两名巡视工作人员，多提醒携带大件行李的旅客，避 免误机。" 这样的春运备战部署，张志鹏已经坚持做了十余年。扎根一线攒下的经验，让他打磨出"三查三对"工作 法：查旅客特殊需求、查行李超重隐患、查登机口设备状态，核对航班信息、核对特殊旅客台账、核对 服务资源调配，这套接地气的工作方法，成了班组应对春运高峰的实用准则。 春运一线：分秒必争守好 ...

嘉兴南湖机场正式通航后，东航已陆续开通了北京大兴至嘉兴、西安至嘉兴往返航班，昆明至嘉兴的往 返航班是东航开通的第三条新航线。它不仅完善了"航空+文旅"的全域网络，更使两地的旅游资源实现 了精准联动。（编辑：张彤 校对：张薇 审核：程凌） 中国民航网 通讯员邓国荣、奎妤鸿 报道：2月6日起，东航新开昆明至嘉兴往返航班，航班号为 MU5875/MU5876，班期为每天一班，机型为波音B737。昆明至嘉兴的MU5875航班于09:45从昆明起 飞，12:45抵达嘉兴；嘉兴至昆明的MU5876航班于13:55从嘉兴起飞，17:00抵达昆明。 ...

Core Viewpoint - The launch of the "Lanjia Express" by Eastern Airlines Gansu Branch, in collaboration with Lanzhou Zhongchuan International Airport and Jiayuguan Jiuquan Airport, marks a significant advancement in enhancing the provincial aviation network and supporting local economic development, set to commence operations on January 29, 2026 [1]. Group 1 - Eastern Airlines Gansu Branch has optimized the "Lanzhou-Jiayuguan" route, operating two premium flights daily during peak business hours, utilizing Airbus A320 aircraft to provide efficient travel experiences [4]. - The company has established dedicated check-in counters and security channels at Lanzhou Airport to facilitate quick passage for passengers, minimizing walking, queuing, and waiting times [4]. - A "one-ticket-to-the-end, luggage direct transfer" service has been introduced, allowing passengers traveling from Jiayuguan to Lanzhou to enjoy streamlined check-in and security processes, enhancing the transfer experience [4]. Group 2 - The "Gansu Regional Pass" product has been launched to strengthen air connectivity between Lanzhou, Jiayuguan, Jiuquan, and Dunhuang, offering flexible cancellation and modification policies for passengers [5]. - Eastern Airlines Gansu Branch aims to continuously improve the quality of express operations and enhance the connectivity network, contributing to the development of a hub for the Belt and Road Initiative in Gansu Province [5].

Investment Rating - The report maintains an "Overweight" rating for the transportation industry [7] Core Views - The report highlights three main investment themes for February: aviation, oil shipping, and road transportation, driven by the Spring Festival travel peak and geopolitical factors [1][2][3] - The aviation sector is expected to benefit from improved supply-demand dynamics, with a focus on major airlines [1][2] - Oil shipping is anticipated to see price increases due to geopolitical tensions affecting supply [1][3] - The road transportation sector is viewed as a stable dividend asset amid market volatility, with specific recommendations for certain stocks [1][5] Aviation - The passenger load factor for 2025 is projected to rise to 85.1%, with ticket prices showing a mixed trend [2][14] - The Spring Festival is expected to catalyze stock price movements, with a forecast of 95 million passengers during the travel period, a 5.3% increase year-on-year [16][28] - The report notes that fuel price increases are manageable, as fuel surcharges can cover most cost increases [20][21] Oil Shipping - In January, oil shipping rates continued to strengthen due to increased demand from geopolitical tensions in Venezuela and Iran [3][34] - The report indicates that oil shipping rates are expected to rise further post-Spring Festival, despite a potential short-term dip during the holiday season [34][36] Logistics - The express delivery sector is experiencing a slowdown in volume growth, while prices remain stable [4] - There are signs of recovery in the hazardous materials logistics sector, driven by improved supply-demand dynamics in the upstream chemical industry [4] Road Transportation - The road transportation sector is characterized by high demand for both passenger and freight services, with a notable increase in short-distance travel during the Spring Festival [5][28] - The report recommends specific stocks in the road sector, highlighting their potential for stable returns amid market fluctuations [1][5] Airport Operations - The report emphasizes the steady growth in passenger throughput at listed airports, with international routes contributing significantly to this growth [28] - It also notes that new capacity coming online may impact profitability, particularly for airports undergoing capital expenditure cycles [28][33]

Group 1: A-Share Market Performance - The A-share market showed mixed performance with the Shanghai Composite Index rising to 4102.20 points, up 0.85% [1] - The Shenzhen Component Index increased by 0.21% to 14156.27 points, while the ChiNext Index fell by 0.40% to 3311.51 points [1] - The total trading volume in the Shanghai and Shenzhen markets reached 250.33 billion yuan [1] Group 2: Solar Industry Strength - The solar industry chain, particularly the space solar sector, continued to show strength with companies like JinkoSolar and Zhonglai Co. hitting the 20% daily limit [2] - Jingsheng Mechanical & Electrical announced that the "space solar" application is still in the exploratory phase, indicating uncertainty in the industrialization process [2] - JinkoSolar highlighted that space solar energy density is 7 to 10 times higher than ground-based systems, with generation hours increasing by 4 to 7 times [2][4] Group 3: Coal Sector Activity - The coal sector was notably active, with the Shenwan Coal Industry Index rising over 7%, leading all sectors [5] - Companies such as Yanzhou Coal and China Coal Energy saw their stocks hit the daily limit [5] - Recent trends show a stabilization and increase in coal prices, supported by seasonal demand and supply-side policies [5] Group 4: Market Outlook - The A-share market is expected to continue its rebound, with analysts suggesting that the risk of disappointing earnings has diminished [6] - The market is anticipated to experience fluctuations, with a focus on growth styles in the near term [6] - Analysts recommend a balanced strategy in sector allocation, emphasizing technology, materials, and defensive high-dividend assets like coal [6]

随着出境游市场持续复苏，连接中国与欧洲的"空中丝路"正不断增加，为游客带来更多便利。近期，中国 东方航空宣布4月20日起，将开通西安至奥地利维也纳的全新国际直飞航线，东航运营的欧洲航线总数也 随之达到27条。 "西安-维也纳"航线采用A330机型执飞，每周一、周四、周六执飞，并计划于北京时间01:30从西安咸阳国 际机场起飞 ，当地时间凌晨6:10抵达维也纳国际机场。目前，"西安-维也纳"航线机票已全面开放销售，官 方渠道显示，通过东航APP购买4月20日、23日、25日往返航班机票的东航会员，更可享积分翻倍礼遇。 与此同时，海南航空计划于2026年4月4日起，恢复运营深圳至西班牙马德里的直飞航线。海航计划每周运 营一班，由每周六执飞，使用波音787-9机型客机，现已开放售票。马德里作为西班牙首都以及最大都市， 是西班牙中央经济区的经济中心，同时也是南欧地区的文旅中心。"深圳-马德里"航线的复航，将重新构建 华南地区与西班牙之间的空中直连，极大便利国内外游客的多元出行需求。 采写：南都N视频记者 李行 实习生 许译匀 ...