China Express Airlines reports Q3 2025 growth, approves key initiatives

China Express Airlines announced the approval of its Q3 2025 report by the board of directors on October 30, 2025, detailing a robust financial performance with a 9.33% increase in operating revenue to CNY 2,124,155,073.35, and a 31.60% rise in net profit attributable to shareholders to CNY 369,072,658.47 for the quarter. Year-to-date, operating revenue grew by 11.25% to CNY 5,733,802,452.62, and net profit surged by 102.17% to CNY 619,851,564.03, driven by increased domestic travel demand and optimized route structures.

The board also addressed key operational and capital changes, including the completion of a partial change in the use of raised funds from its 2022 A-share private placement. This involved reallocating funds totaling CNY 92,500,000.00, previously intended for A320 aircraft and spare engines, to acquire five C909 aircraft, with the remaining portion sourced internally or via other financing. Furthermore, the board approved a share repurchase program, not less than CNY 8,000,000.00 and not exceeding CNY 16,000,000.00, for employee stock ownership or equity incentives, underscoring confidence in future performance and employee engagement.

Additionally, the company's fleet expanded to 80 aircraft by September 30, 2025, with two C909s acquired through self-purchase and one A320 through finance lease. The growth in available seat kilometers (ASK) reached 15.42% to 4.67 billion, and passenger turnover (RPK) increased by 19.37% to 4.03 billion, reflecting strong operational recovery and strategic expansion in regional markets.