{"id":45548,"date":"2026-04-24T20:20:00","date_gmt":"2026-04-24T20:20:00","guid":{"rendered":"https:\/\/www.vtmarketsmy.com\/cn\/uncategorized\/%e5%81%87%e6%9c%9f%e8%ae%a1%e5%88%92%e6%82%ac%e8%80%8c%e6%9c%aa%e5%86%b3%ef%bc%9a%e8%88%aa%e7%a9%ba%e8%82%a1%e9%99%b7%e5%85%a5%e8%a7%82%e6%9c%9b%e7%9b%98%e6%95%b4%e6%80%81%e5%8a%bf\/"},"modified":"2026-04-24T20:20:00","modified_gmt":"2026-04-24T20:20:00","slug":"%e5%81%87%e6%9c%9f%e8%ae%a1%e5%88%92%e6%82%ac%e8%80%8c%e6%9c%aa%e5%86%b3%ef%bc%9a%e8%88%aa%e7%a9%ba%e8%82%a1%e9%99%b7%e5%85%a5%e8%a7%82%e6%9c%9b%e7%9b%98%e6%95%b4%e6%80%81%e5%8a%bf","status":"publish","type":"post","link":"https:\/\/www.vtmarketsmy.com\/cn\/opinion\/%e5%81%87%e6%9c%9f%e8%ae%a1%e5%88%92%e6%82%ac%e8%80%8c%e6%9c%aa%e5%86%b3%ef%bc%9a%e8%88%aa%e7%a9%ba%e8%82%a1%e9%99%b7%e5%85%a5%e8%a7%82%e6%9c%9b%e7%9b%98%e6%95%b4%e6%80%81%e5%8a%bf\/","title":{"rendered":"\u5047\u671f\u8ba1\u5212\u60ac\u800c\u672a\u51b3\uff1a\u822a\u7a7a\u80a1\u9677\u5165\u89c2\u671b\u76d8\u6574\u6001\u52bf"},"content":{"rendered":"\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" src=\"https:\/\/www.vtmarketsmy.com\/cn\/wp-content\/uploads\/sites\/4\/2026\/04\/1_AirlineStocks2026-1024x573.webp\" alt=\"\" class=\"wp-image-48616\"\/><figcaption class=\"wp-element-caption\">\u5e02\u573a\u91cc\uff0c\u822a\u6cb9\u4f9b\u5e94\u4e0e\u6691\u5047\u51fa\u6e38\u70ed\u4e4b\u95f4\u7684\u843d\u5dee\uff0c\u8bf4\u660e\u4e86\u5f88\u591a\u95ee\u9898\u3002<\/figcaption><\/figure>\n\n\n\n<p>\u6691\u5047\u51fa\u884c\u65fa\u5b63\u539f\u672c\u662f\u822a\u7a7a\u516c\u53f8\u6700\u8d5a\u94b1\u7684\u5b63\u8282\uff1a\u65c5\u5ba2\u63d0\u524d\u51e0\u4e2a\u6708\u8ba2\u7968\u3001\u73ed\u673a\u6ee1\u5ea7\u3001\u7968\u4ef7\u8d70\u9ad8\u3002\u4f46\u4eca\u5e74\uff0c\u822a\u7a7a\u516c\u53f8\u8d22\u62a5\u8bf4\u6cd5\u4e0e\u673a\u573a\u73b0\u573a\u60c5\u51b5\u4e4b\u95f4\u51fa\u73b0\u660e\u663e\u843d\u5dee\u3002<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>\u6539\u53d8\u4e00\u5207\u7684\u5173\u952e\u56e0\u7d20<\/strong><\/h3>\n\n\n\n<p>\u7f8e\u56fd\u4e0e\u4ee5\u8272\u5217\u5bf9\u4f0a\u6717\u7684\u6253\u51fb<a href=\"https:\/\/www.vtmarkets.com\/learn\/impact-of-the-2026-strait-of-hormuz-closure-on-forex-and-crypto-markets\/?utm_source=&amp;rt=Airlines-Jetfuel\" target=\"_blank\" rel=\"noopener\" title=\"\">\u6270\u4e71\u4e86\u970d\u5c14\u6728\u5179\u6d77\u5ce1\u822a\u8fd0<\/a>\uff0c\u5f15\u53d1\u5916\u754c\u79f0\u4e3a\u822a\u7a7a\u4e1a\u81eaCOVID-19\uff08\u65b0\u51a0\u75ab\u60c5\uff09\u4ee5\u6765\u6700\u5927\u51b2\u51fb\u3002\u51b2\u7a81\u7206\u53d1\u540e\uff0c\u55b7\u5c04\u71c3\u6cb9\uff08Jet fuel\uff0c\u98de\u673a\u7528\u71c3\u6599\uff09\u4ef7\u683c\u51e0\u4e4e\u7ffb\u500d\u3002\u822a\u7a7a\u516c\u53f8\u88ab\u5939\u5728\u4e24\u7aef\uff1a\u6210\u672c\u66b4\u6da8\uff0c\u4f46\u673a\u7968\u591a\u5728\u51e0\u4e2a\u6708\u524d\u5c31\u5df2\u552e\u51fa\u3001\u4ef7\u683c\u9501\u5b9a\uff0c\u77ed\u671f\u5185\u96be\u4ee5\u52a0\u4ef7\u3002<\/p>\n\n\n\n<p>\u71c3\u6cb9\u901a\u5e38\u7ea6\u5360\u822a\u7a7a\u516c\u53f8\u8425\u8fd0\u6210\u672c\uff08\u7ecf\u8425\u5f00\u652f\uff09\u7684\u56db\u5206\u4e4b\u4e00\u3002\u4e00\u65e6\u71c3\u6cb9\u4ef7\u683c\u7ffb\u500d\uff0c\u76c8\u5229\u6a21\u5f0f\u5c31\u4f1a\u88ab\u660e\u663e\u6324\u538b\u3002<\/p>\n\n\n\n<p>\u7f8e\u56fd\u55b7\u5c04\u71c3\u6cb9\u672c\u5468\u62a5\u6bcf\u52a0\u4ed1<a href=\"https:\/\/www.cnbc.com\/2026\/04\/21\/united-airlines-ual-q1-2026-earnings.html\" target=\"_blank\" rel=\"noopener nofollow\" title=\"\">3.51\u7f8e\u5143\uff084\u67082\u65e5\u9ad8\u70b9\u4e3a4.78\u7f8e\u5143\uff09<\/a>\uff0c\u4f46\u4ecd\u8fdc\u9ad8\u4e8e2\u670827\u65e5\u76842.39\u7f8e\u5143\uff08\u4f0a\u6717\u9996\u8f6e\u906d\u88ad\u524d\u4e00\u5929\uff09\u3002\u5b8c\u6574\u71c3\u6cb9\u4ef7\u683c\u53ef\u5728<a href=\"https:\/\/www.iata.org\/en\/publications\/economics\/fuel-monitor\/\">IATA\uff08\u56fd\u9645\u822a\u7a7a\u8fd0\u8f93\u534f\u4f1a\uff09<\/a>\u8ffd\u8e2a\u3002<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>\u4e3a\u4f55Q1\u770b\u8d77\u6765\u6bd4\u5b9e\u9645\u66f4\u597d<\/strong><\/h2>\n\n\n\n<p>\u5173\u952e\u77db\u76fe\u5728\u8fd9\u91cc\uff1a\u5c3d\u7ba1\u5982\u6b64\uff0c\u591a\u6570\u7f8e\u56fd\u5927\u578b\u822a\u7a7a\u516c\u53f8\u4ecd\u516c\u5e03\u8425\u6536\u589e\u957f\u3002<\/p>\n\n\n\n<p>\u539f\u56e0\u662f\uff1aQ1\u53ea\u662f\u201c\u5ef6\u8fdf\u53cd\u6620\u201d\u7684\u753b\u9762\u3002<\/p>\n\n\n\n<p>\u822a\u7a7a\u516c\u53f8\u5927\u90e8\u5206\u5ea7\u4f4d\u4f1a\u63d0\u524d\u6570\u5468\u6216\u6570\u6708\u552e\u51fa\u30021\u6708\u81f33\u6708\u7684\u7968\u4ef7\uff0c\u591a\u57282\u670828\u65e5\u524d\u5c31\u5df2\u5b9a\u4ef7\uff0c\u56e0\u6b64\u8425\u6536\u8fd8\u80fd\u6491\u4f4f\u3002\u71c3\u6cb9\u51b2\u51fb\u5728\u5b63\u5ea6\u4e2d\u6bb5\u624d\u51fa\u73b0\uff0c\u4f46\u80fd\u5426\u5438\u6536\u6210\u672c\u7684\u201c\u6536\u5165\u6761\u4ef6\u201d\u65e9\u5df2\u88ab\u9501\u6b7b\u3002<\/p>\n\n\n\n<p>\u5c31\u50cf\u9910\u5385\u5728\u4f9b\u5e94\u5371\u673a\u524d\u5148\u9501\u5b9a\u98df\u6750\u4ef7\u683c\uff1a\u672c\u5468\u83dc\u5355\u770b\u8d77\u6765\u6ca1\u95ee\u9898\uff0c\u4f46\u4e0b\u4e2a\u6708\u91cd\u65b0\u5370\u83dc\u5355\u65f6\uff0c\u771f\u5b9e\u538b\u529b\u624d\u4f1a\u663e\u73b0\u3002<\/p>\n\n\n\n<p>Q1\u8d22\u62a5\u66f4\u50cf\u662f\u201c\u8fd8\u6ca1\u5b8c\u5168\u611f\u53d7\u5230\u51b2\u51fb\u201d\u7684\u72b6\u6001\u3002<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td>\u822a\u7a7a\u516c\u53f8<\/td><td>Q1\u8425\u6536<\/td><td>\u5168\u5e74\u6bcf\u80a1\u76c8\u5229\uff08EPS\uff09\u6307\u5f15<\/td><td>\u5c55\u671b<\/td><\/tr><tr><td>\u8054\u5408\u822a\u7a7a\uff08UAL\uff09<\/td><td>146\u4ebf\u7f8e\u5143\uff0c\u9ad8\u4e8e\u9884\u671f<\/td><td>\u4e0b\u8c03\u81f37\u201311\u7f8e\u5143\uff08\u539f\u4e3a12\u201314\u7f8e\u5143\uff09<\/td><td>\u76f8\u5bf9\u6297\u538b<\/td><\/tr><tr><td>\u897f\u5357\u822a\u7a7a\uff08LUV\uff09<\/td><td>72\u4ebf\u7f8e\u5143\uff0c\u521b\u7eaa\u5f55<\/td><td>\u7ef4\u63014\u7f8e\u5143<\/td><td>\u8f83\u7a33\u5b9a\uff0c\u504f\u7f8e\u56fd\u56fd\u5185<\/td><\/tr><tr><td>\u7f8e\u56fd\u822a\u7a7a\uff08AALG\uff09<\/td><td>139.1\u4ebf\u7f8e\u5143\uff0c\u521b\u7eaa\u5f55<\/td><td>\u4e0b\u9650\u6539\u4e3a\u4e8f\u635f<\/td><td>\u53d7\u51b2\u51fb\u6700\u5927<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>\u5feb\u901f\u8bfb\u61c2\u6570\u5b57\uff1a\u91cd\u70b9\u540d\u8bcd\u89e3\u91ca<\/strong><\/h3>\n\n\n\n<p>\u822a\u7a7a\u516c\u53f8\u8d22\u62a5\u62a5\u9053\u91cc\u5e38\u51fa\u73b0\u4e24\u7ec4\u6570\u5b57\uff0c\u542b\u4e49\u5982\u4e0b\uff1a<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>EPS\uff08\u6bcf\u80a1\u76c8\u5229\uff09=<\/strong><em>\u6bcf\u80a1\u8d5a\u591a\u5c11\u94b1\u3002<\/em> \u8ba1\u7b97\u65b9\u5f0f\uff1a[\u516c\u53f8\u51c0\u5229\u6da6 \u00f7 \u6d41\u901a\u80a1\u6570 = EPS]\u3002\u4f8b\u5982\u51c0\u8d5a7\u4ebf\u7f8e\u5143\u3001\u6d41\u901a\u80a11\u4ebf\u80a1\uff0cEPS\u5c31\u662f7\u7f8e\u5143\u3002\u5b83\u7528\u201c\u6bcf\u80a1\u201d\u53e3\u5f84\u8861\u91cf\u76c8\u5229\uff0c\u65b9\u4fbf\u4e0d\u540c\u89c4\u6a21\u516c\u53f8\u6bd4\u8f83\uff0c\u4e5f\u4fbf\u4e8e\u5bf9\u7167\u5206\u6790\u5e08\u9884\u671f\u3002\u8054\u5408\u822a\u7a7a\u628aEPS\u9884\u6d4b\u4ece12\u201314\u7f8e\u5143\u4e0b\u8c03\u81f37\u201311\u7f8e\u5143\uff0c\u4ee3\u8868\u5bf9\u672a\u6765\u5229\u6da6\u7684\u9884\u671f\u660e\u663e\u51cf\u5c11\uff0c\u5e76\u975e\u5c0f\u5e45\u8c03\u6574\u3002<br><\/li>\n\n\n\n<li><strong>\u5168\u5e74\u6307\u5f15\uff08Full-year guidance\uff09<\/strong>\uff1a\u7ba1\u7406\u5c42\u5bf9\u201c\u5168\u5e74\u5927\u6982\u80fd\u8d5a\u591a\u5c11\u201d\u7684\u9884\u6d4b\uff0c\u4f1a\u968f\u73af\u5883\u53d8\u5316\u800c\u66f4\u65b0\u3002\u903b\u8f91\u662f\uff1a[\u539f\u672c\u9884\u671f\u76c8\u5229 \u2212 \u6210\u672c\u51b2\u51fb\u5e26\u6765\u7684\u5f71\u54cd = \u65b0\u6307\u5f15]\u3002\u4e0b\u8c03\u4ee3\u8868\u201c\u9884\u671f\u8d5a\u5f97\u66f4\u5c11\u201d\u3002\u6682\u505c\u6307\u5f15\uff08suspends guidance\uff09\uff0c<a href=\"https:\/\/finance.yahoo.com\/sectors\/energy\/articles\/alaska-air-suspends-2026-guidance-134949937.html\">\u5982\u963f\u62c9\u65af\u52a0\u822a\u7a7a\u672c\u5468\u6240\u505a<\/a>\uff0c\u610f\u601d\u662f\uff1a\u672a\u6765\u53d8\u5316\u592a\u5927\uff0c\u516c\u53f8\u65e0\u6cd5\u7ed9\u51fa\u53ef\u4fe1\u6570\u5b57\u3002\u5e02\u573a\u901a\u5e38\u5bf9\u201c\u6682\u505c\u201d\u53cd\u5e94\u66f4\u5927\uff0c\u56e0\u4e3a\u4e0d\u786e\u5b9a\u6027\u66f4\u96be\u5b9a\u4ef7\uff0c\u5c24\u5176\u5bf9CFD\uff08\u5dee\u4ef7\u5408\u7ea6\uff1a\u4e0d\u6301\u6709\u80a1\u7968\u672c\u8eab\u3001\u53ea\u4ea4\u6613\u4ef7\u683c\u6da8\u8dcc\u5dee\u989d\u7684\u884d\u751f\u4ea7\u54c1\uff09\u4ea4\u6613\u8005\u800c\u8a00\u3002<\/li>\n<\/ul>\n\n\n\n<p>EPS\u4e0e\u6307\u5f15\u66f4\u65b0\uff0c\u901a\u5e38\u5c31\u662f\u8d22\u62a5\u5b63\u63a8\u52a8\u80a1\u4ef7\u6ce2\u52a8\u7684\u6838\u5fc3\u3002<\/p>\n\n\n\n<p>\u516c\u53f8Q1\u8425\u6536\u5f3a\u52b2\uff0c\u80a1\u4ef7\u4ecd\u53ef\u80fd\u4e0b\u8dcc\uff0c\u56e0\u4e3a\u6307\u5f15\u6697\u793a\uff1a\u597d\u5b63\u5ea6\u53ef\u80fd\u662f\u4f8b\u5916\uff0c\u5e76\u975e\u8d8b\u52bf\u3002\u7f8e\u56fd\u822a\u7a7a\u80a1\u76ee\u524d\u6b63\u51fa\u73b0\u8fd9\u79cd\u60c5\u51b5\u3002<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>\u5404\u5bb6\u822a\u7a7a\u516c\u53f8\u7684\u4f4d\u7f6e\u4e0e\u5dee\u5f02<\/strong><\/h2>\n\n\n\n<p>\u672c\u5468\u516c\u5e03Q1\u8425\u6536\u7eaa\u5f55\u7684\u822a\u7a7a\u516c\u53f8\u5305\u62ec\uff1a<\/p>\n\n\n\n<p><strong>\u8054\u5408\u822a\u7a7a\uff08UAL\uff09<\/strong>Q1\u8868\u73b0\u9ad8\u4e8e\u5206\u6790\u5e08\u9884\u671f\uff0c\u4e14<a href=\"https:\/\/finance.yahoo.com\/markets\/stocks\/articles\/united-airlines-q1-earnings-call-214658839.html\">CEO Scott Kirby\u79f0\u201c\u7b2c\u4e00\u5b63\u5f3a\u52b2\u201d<\/a>\uff0c\u663e\u793a\u5176\u63a8\u52a8\u9ad8\u7aef\u8231\u7b49\u201c\u9ad8\u7968\u4ef7\u4ea7\u54c1\u201d\u7b56\u7565\u6709\u6548\u3002\u8fd9\u7c7b\u9ad8\u6d88\u8d39\u65c5\u5ba2\u5bf9\u6da8\u4ef7\u8f83\u4e0d\u654f\u611f\uff0c\u6709\u52a9\u7f13\u51b2\u6210\u672c\u4e0a\u5347\u538b\u529b\u3002<\/p>\n\n\n\n<p><strong>\u897f\u5357\u822a\u7a7a\uff08LUV\uff09<\/strong>\u822a\u7ebf\u51e0\u4e4e\u90fd\u5728\u7f8e\u56fd\u56fd\u5185\uff0c\u8d1f\u503a\u4e5f\u8f83\u4f4e\uff0c\u56e0\u6b64\u5728\u5927\u578b\u822a\u7a7a\u516c\u53f8\u4e2d\u76f8\u5bf9\u7a33\u5b9a\uff0c\u4f46\u5229\u6da6\u7387\u53ef\u80fd\u843d\u540e\u4e8e\u56fd\u9645\u822a\u7ebf\u5360\u6bd4\u8f83\u9ad8\u7684\u540c\u4e1a\u3002\u516c\u53f8\u628a<a href=\"https:\/\/www.marketbeat.com\/instant-alerts\/southwest-airlines-q1-earnings-call-highlights-2026-04-24\/\">\u5168\u5e74EPS\u6307\u5f15\u7ef4\u6301\u57284\u7f8e\u5143<\/a>\uff0c\u5e76\u9884\u8ba1Q2\u5355\u4f4d\u8425\u6536\uff08\u6bcf\u4e2a\u8fd0\u529b\u5355\u4f4d\u5e26\u6765\u7684\u6536\u5165\uff0c\u7528\u6765\u8861\u91cf\u7968\u4ef7\u4e0e\u4e0a\u5ea7\u7387\uff09\u589e\u957f16.5%\u201318.5%\uff0c\u5c3d\u7ba1CEO Bob Jordan\u6307\u51fa\u201c\u71c3\u6cb9\u6210\u672c\u663e\u8457\u66f4\u9ad8\u201d\u3002<\/p>\n\n\n\n<p><strong>\u7f8e\u56fd\u822a\u7a7a\uff08AALG\uff09<\/strong>\u5219\u66f4\u5403\u529b\u3002Q1\u8425\u6536<a href=\"https:\/\/news.aa.com\/news\/news-details\/2026\/American-Airlines-reports-first-quarter-2026-financial-results-CORP-FI-04\/default.aspx\">\u521b\u516c\u53f8\u7eaa\u5f55\uff0c\u8fbe139.1\u4ebf\u7f8e\u5143<\/a>\uff0cCEO Robert Isom\u79f0\u201c\u5373\u4f7f\u8425\u8fd0\u73af\u5883\u6ce2\u52a8\uff0c\u7a0e\u524d\u5229\u6da6\u7387\u4ecd\u540c\u6bd4\u63d0\u5347\u8fd12\u4e2a\u767e\u5206\u70b9\u201d\u3002\u4f46\u516c\u53f8\u4ecd\u5f55\u5f97\u7ecf\u8c03\u6574\u540e\u6bcf\u80a1\u51c0\u4e8f\u635f0.40\u7f8e\u5143\u3002\u5168\u5e74\u9884\u6d4b\u88ab\u4e0b\u8c03\uff0c\u4e0b\u9650\u6539\u4e3a\u4e8f\u635f\uff0c\u4e14\u4eca\u5e74\u71c3\u6cb9\u652f\u51fa\u9884\u8ba1\u589e\u52a0\u8d85\u8fc740\u4ebf\u7f8e\u5143\u3002<\/p>\n\n\n\n<p><strong>\u540c\u4e00\u5b63\u5ea6\u201c\u8425\u6536\u521b\u65b0\u9ad8\u5374\u51c0\u4e8f\u635f\u201d\uff0c\u5c31\u662f\u6210\u672c\u7ed3\u6784\u771f\u6b63\u627f\u538b\u7684\u5178\u578b\u4fe1\u53f7\u3002<\/strong>\u5bf9\u6bd4\u4e4b\u4e0b\uff0c\u7f8e\u56fd\u822a\u7a7a\u8d1f\u503a\u66f4\u9ad8\u3001\u9ad8\u7aef\u4ea7\u54c1\u6536\u5165\u5360\u6bd4\u66f4\u4f4e\uff0c\u80fd\u8c03\u6574\u7684\u7a7a\u95f4\u66f4\u5c11\uff1b\u5f53Q2\u6210\u672c\u5168\u9762\u53cd\u6620\u65f6\u538b\u529b\u66f4\u5927\u3002<\/p>\n\n\n\n<p>\u4e00\u4e2a\u7ec6\u8282\uff1a\u7f8e\u56fd\u822a\u7a7a\u5728\u8d22\u62a5\u540e\u76d8\u524d\u4e0a\u6da8\uff0c\u56e0\u4e3a\u5e02\u573a\u8ba4\u4e3a\u4e8f\u635f\u5c0f\u4e8e\u9884\u671f\u3002\u9884\u671f\u95e8\u69db\u5df2\u5f88\u4f4e\uff0c\u56e0\u6b64\u201c\u6ca1\u90a3\u4e48\u5dee\u201d\u5c31\u88ab\u5f53\u6210\u5229\u597d\u3002\u82e5\u63a5\u4e0b\u6765Q2\u6307\u5f15\u4e0d\u5982\u9884\u671f\uff0c\u5e02\u573a\u672a\u5fc5\u8fd8\u4f1a\u5bbd\u5bb9\u3002<\/p>\n\n\n\n<!-- TradingView Widget BEGIN --><div class=\"tradingview-widget-container\">  <div class=\"tradingview-widget-container__widget\"><\/div>  <div class=\"tradingview-widget-copyright\"><a href=\"www.vtmarkets.com\/trade-now\/?utm_source=Opinion&#038;rt=Airlines-Jetfuel\" rel=\"noopener nofollow\" target=\"_blank\"><span class=\"blue-text\">Markets today,<\/span><\/a><span class=\"trademark\"> on VT, by TradingView<\/span><\/div>  <script type=\"text\/javascript\" src=\"https:\/\/s3.tradingview.com\/external-embedding\/embed-widget-tickers.js\" async>  {  \"symbols\": [    {      \"proName\": \"NASDAQ:UAL\",      \"title\": \"United Airlines Holdings Inc\"    },    {      \"proName\": \"NYSE:LUV\",      \"title\": \"Southwest Airlines Co\"    },    {      \"proName\": \"NASDAQ:AAL\",      \"title\": \"AMERICAN AIRLINES GROUP INC\"    }  ],  \"colorTheme\": \"dark\",  \"locale\": \"en\",  \"largeChartUrl\": \"\",  \"isTransparent\": false,  \"showSymbolLogo\": true}  <\/script><\/div><!-- TradingView Widget END --><br>\n\n\n\n<p><strong>\u5728VT Markets\u4ee5<a href=\"https:\/\/www.vtmarkets.com\/cfd-shares\/?utm_source=Opinion&amp;rt=Airlines-Jetfuel\">CFD\u80a1\u7968<\/a>\u4ea4\u6613\u8fd9\u4e9b\u822a\u7a7a\u80a1\u3002<\/strong><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Q2\u4e0eQ3\u5c06\u5448\u73b0\u4ec0\u4e48<\/strong><\/h2>\n\n\n\n<p>Q2\u4e0eQ3\u4e0d\u4f1a\u518d\u6709\u201c\u63d0\u524d\u552e\u7968\u201d\u7684\u7f13\u51b2\u3002\u65b0\u8ba2\u5355\u5fc5\u987b\u5728\u66f4\u9ad8\u6210\u672c\u73af\u5883\u4e0b\u5b9a\u4ef7\u3002\u7968\u4ef7\u5df2\u6bd4\u53bb\u5e74\u540c\u671f<a href=\"https:\/\/www.cbsnews.com\/news\/airline-tickets-will-go-down-jet-fuel-iran-war\/\">\u9ad8\u7ea620%<\/a>\u3002\u6691\u5047\u65fa\u5b63\u671f\u95f4\uff0c\u65c5\u5ba2\uff08\u5c24\u5176\u4f11\u95f2\u65c5\u5ba2\uff09\u662f\u5426\u613f\u610f\u6301\u7eed\u4e70\u5355\uff0c\u5c06\u5728\u63a5\u4e0b\u6765\u4e24\u8f6e\u8d22\u62a5\u4e2d\u88ab\u68c0\u9a8c\u3002<\/p>\n\n\n\n<p>7\u6708\u8d22\u62a5\u5c06\u8ba9\u60c5\u51b5\u66f4\u6e05\u6670\uff1a\u5c4a\u65f6\uff0c\u672a\u6765\u8ba2\u5355\u51e0\u4e4e\u90fd\u5728\u51b2\u7a81\u540e\u5b9a\u4ef7\uff1b\u6574\u5b63\u71c3\u6cb9\u6210\u672c\u5c06\u5b8c\u6574\u5165\u8d26\uff0c\u4e0d\u518d\u6709Q1\u7684\u201c\u5148\u5356\u7968\u540e\u6da8\u6cb9\u4ef7\u201d\u4f18\u52bf\u3002\u4e0a\u5ea7\u7387\uff08Load factor\uff1a\u98de\u673a\u5ea7\u4f4d\u88ab\u5750\u6ee1\u7684\u6bd4\u4f8b\uff0c\u7528\u6765\u8861\u91cf\u9700\u6c42\u5f3a\u5f31\uff09\u4e5f\u4f1a\u53cd\u6620\u65c5\u5ba2\u662f\u5426\u56e0\u7968\u4ef7\u4e0a\u6da8\u800c\u51cf\u5c11\u8ba2\u7968\u3002<\/p>\n\n\n\n<p>\u53ef\u5173\u6ce8\uff1a<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>\u71c3\u6cb9\u5bf9\u51b2\uff08Hedging\uff1a\u7528\u5408\u7ea6\u63d0\u524d\u9501\u5b9a\u4ef7\u683c\u4ee5\u964d\u4f4e\u6ce2\u52a8\u98ce\u9669\uff09\u662f\u5426\u5728Q2\u4fdd\u62a4\u5229\u6da6\u7387\uff0c\u6216\u8ba9\u822a\u7a7a\u516c\u53f8\u66b4\u9732\u5728\u73b0\u8d27\u4ef7\uff08Spot price\uff1a\u5f53\u4e0b\u5373\u65f6\u6210\u4ea4\u4ef7\u683c\uff09\u6ce2\u52a8\u4e2d<\/li>\n\n\n\n<li>\u4f11\u95f2\u822a\u7ebf\u7684\u4e0a\u5ea7\u7387\uff08\u5bf9\u4ef7\u683c\u66f4\u654f\u611f\uff09<\/li>\n\n\n\n<li>\u662f\u5426\u51fa\u73b0\u66f4\u591a\u201c\u6682\u505c\u6307\u5f15\u201d\uff08\u963f\u62c9\u65af\u52a0\u822a\u7a7a\u5df2\u64a4\u56de\u5168\u5e74\u5c55\u671b\uff09<\/li>\n\n\n\n<li>\u6b27\u6d32\u71c3\u6cb9\u4f9b\u5e94\u6536\u7d27\u4e0b\uff0c\u7f8e\u56fd\u8de8\u5927\u897f\u6d0b\u822a\u7ebf\u80fd\u5426\u6491\u4f4f\uff1a<a href=\"https:\/\/www.aci-europe.org\/press-release\/592-europe-s-airports-welcome-the-european-commission-s-plan-to-address-the-energy-crisis.html\">\u6b27\u6d32\u71c3\u6cb9\u4f9b\u5e94\u8d8b\u7d27<\/a>\u5bf9\u822a\u6cb9\u8865\u7ed9\u7684\u5f71\u54cd<\/li>\n<\/ul>\n\n\n\n<p>\u5173\u6ce8VT Markets\u7684<a href=\"https:\/\/www.vtmarkets.com\/financial-events\/earnings-season\/?utm_source=&amp;rt=Airlines-Jetfuel\">\u8d22\u62a5\u5b63<\/a>\u4e13\u9898\u3002<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">\u76ee\u524d<\/h2>\n\n\n\n<p>\u5bf9\u4ea4\u6613\u8005\u800c\u8a00\uff0c\u5404\u5bb6\u822a\u7a7a\u516c\u53f8\u8d70\u52bf\u5206\u5316\uff0c\u662f\u6700\u503c\u5f97\u628a\u63e1\u7684\u4e3b\u9898\u3002<\/p>\n\n\n\n<p>\u8054\u5408\u822a\u7a7a\u4e0e\u897f\u5357\u822a\u7a7a\u5728\u71c3\u6cb9\u5bf9\u51b2\u3001\u8d44\u4ea7\u8d1f\u503a\u8868\uff08Balance sheet\uff1a\u516c\u53f8\u8d44\u4ea7\u3001\u8d1f\u503a\u4e0e\u80a1\u4e1c\u6743\u76ca\u72b6\u51b5\uff09\u4e0e\u6760\u6746\uff08Leverage\uff1a\u501f\u94b1\u6bd4\u4f8b\uff0c\u8d8a\u9ad8\u98ce\u9669\u8d8a\u5927\uff09\u65b9\u9762\u76f8\u5bf9\u66f4\u5f3a\uff0c\u82e5\u6cb9\u4ef7\u7ef4\u6301\u9ad8\u4f4d\uff0c\u97e7\u6027\u66f4\u8db3\u3002<\/p>\n\n\n\n<p>\u7f8e\u56fd\u822a\u7a7a\u4e0e\u8d1f\u503a\u66f4\u9ad8\u7684\u822a\u7a7a\u516c\u53f8\uff0c\u4e0b\u884c\u98ce\u9669\u66f4\u5927\uff0c\u4e5f\u66f4\u5bb9\u6613\u51fa\u73b0\u5267\u70c8\u6ce2\u52a8\uff0c\u56e0\u4e3a\u6210\u672c\u4e0e\u7968\u4ef7\u4e4b\u95f4\u7684\u201c\u65f6\u95f4\u5dee\u201d\u7ec8\u5c06\u8ffd\u4e0a\u3002<\/p>\n\n\n\n<p>\u82e5\u970d\u5c14\u6728\u5179\u5c40\u52bf\u7f13\u548c\uff0c\u677f\u5757\u53ef\u80fd\u5feb\u901f\u53cd\u5f39\uff1b\u82e5\u6301\u7eed\u53d7\u6270\uff0c\u6307\u5f15\u4e0b\u8c03\u5c06\u589e\u52a0\uff0c\u5f3a\u5f31\u516c\u53f8\u5206\u5316\u6269\u5927\uff0c\u6691\u5047\u8d22\u62a5\u5b63\u4f1a\u8ba9Q1\u663e\u5f97\u201c\u8f7b\u677e\u201d\u3002\u65e0\u8bba\u5982\u4f55\uff0c7\u6708\u53d1\u5e03\u7684Q2\u66f4\u65b0\uff0c\u5c06\u9996\u6b21\u66f4\u771f\u5b9e\u5730\u53cd\u6620\u8fd9\u8f6e\u822a\u6cb9\u51b2\u51fb\u7684\u4ee3\u4ef7\u3002<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<p><\/p>\n\n\n\n<details class=\"wp-block-details is-layout-flow wp-block-details-is-layout-flow\"><summary>Tap to load Summary<\/summary>\n<p><strong>\u4e3a\u4ec0\u4e48\u65c5\u5ba2\u4eba\u6570\u5f3a\u52b2\uff0c\u822a\u7a7a\u80a1\u5374\u4e0b\u8dcc\uff1f<\/strong> <br>\u9700\u6c42\u4ecd\u5728\uff0c\u4f46\u81ea2\u6708\u5e95\u4f0a\u6717\u51b2\u7a81\u540e\u71c3\u6cb9\u6210\u672c\u51e0\u4e4e\u7ffb\u500d\u3002\u822a\u7a7a\u516c\u53f8\u5728\u71c3\u6cb9\u66b4\u6da8\u524d\u5c31\u5df2\u552e\u51fa\u5927\u91cf\u673a\u7968\uff0cQ1\u8425\u6536\u56e0\u6b64\u770b\u8d77\u6765\u5065\u5eb7\uff0c\u4f46\u6210\u672c\u5df2\u53d8\u3002\u8ba2\u7968\u591a\u4e0d\u4ee3\u8868\u5229\u6da6\u4e00\u5b9a\u591a\uff0c\u56e0\u4e3a\u71c3\u6cb9\u4f1a\u541e\u566c\u5229\u6da6\u7387\uff08Margin\uff1a\u6536\u5165\u6263\u6389\u6210\u672c\u540e\u7684\u76c8\u5229\u7a7a\u95f4\uff09\u3002Q2\u4e0eQ3\u8d22\u62a5\u4f1a\u66f4\u6e05\u695a\u66b4\u9732\u8fd9\u9053\u843d\u5dee\u3002<\/p>\n\n\n\n<p><strong>\u822a\u7a7a\u516c\u53f8\u201c\u6682\u505c\u6307\u5f15\u201d\u662f\u4ec0\u4e48\u610f\u601d\uff1f<\/strong> <br>\u4ee3\u8868\u516c\u53f8\u4e0d\u518d\u9884\u6d4b\u5168\u5e74\u80fd\u8d5a\u591a\u5c11\u94b1\u3002\u822a\u7a7a\u516c\u53f8\u901a\u5e38\u5e74\u521d\u7ed9\u51fa\u5168\u5e74\u76c8\u5229\u76ee\u6807\uff0c\u5e76\u6bcf\u5b63\u66f4\u65b0\u3002\u6682\u505c\u6307\u5f15\u610f\u5473\u7740\u71c3\u6cb9\u4ef7\u683c\u5927\u5e45\u6ce2\u52a8\uff0c\u8ba9\u89c4\u5212\u53d8\u5f97\u8fc7\u4e8e\u4e0d\u786e\u5b9a\uff0c\u65e0\u6cd5\u627f\u8bfa\u4e00\u4e2a\u6570\u5b57\u3002\u5bf9\u4ea4\u6613\u8005\u6765\u8bf4\uff0c\u6682\u505c\u5f80\u5f80\u6bd4\u4e0b\u8c03\u66f4\u5f71\u54cd\u80a1\u4ef7\uff0c\u56e0\u4e3a\u5e02\u573a\u5c11\u4e86\u201c\u9884\u671f\u5e95\u7ebf\u201d\u3002<\/p>\n\n\n\n<p><strong>\u4e3a\u4ec0\u4e48\u76ee\u524d\u8054\u5408\u822a\u7a7a\u4e0e\u897f\u5357\u822a\u7a7a\u88ab\u8ba4\u4e3a\u6bd4\u7f8e\u56fd\u822a\u7a7a\u66f4\u7a33\uff1f<\/strong> <br>\u4e09\u5bb6\u90fd\u521b\u4e0bQ1\u8425\u6536\u7eaa\u5f55\uff0c\u4f46\u6210\u672c\u7ed3\u6784\u4e0d\u540c\u3002\u8054\u5408\u822a\u7a7a\u66f4\u4f9d\u8d56\u9ad8\u7aef\u8231\u6536\u5165\uff0c\u5bf9\u6da8\u4ef7\u8f83\u4e0d\u654f\u611f\uff1b\u897f\u5357\u822a\u7a7a\u4ee5\u7f8e\u56fd\u56fd\u5185\u4e3a\u4e3b\u3001\u8d1f\u503a\u8f83\u4f4e\u3002\u7f8e\u56fd\u822a\u7a7a\u8d1f\u503a\u66f4\u91cd\u3001\u9ad8\u7aef\u6536\u5165\u7f13\u51b2\u8f83\u5c11\uff0c\u4e14\u4eca\u5e74\u71c3\u6cb9\u8d26\u5355\u9884\u8ba1\u589e\u52a0\u903e40\u4ebf\u7f8e\u5143\u3002\u6210\u672c\u98d9\u5347\u65f6\uff0c\u8c03\u6574\u7a7a\u95f4\u8f83\u5c0f\u7684\u516c\u53f8\u538b\u529b\u4f1a\u66f4\u5feb\u663e\u73b0\u3002<\/p>\n\n\n\n<p><strong>\u6b27\u6d32\u55b7\u5c04\u71c3\u6cb9\u77ed\u7f3a\u4f1a\u5982\u4f55\u5f71\u54cd\u7f8e\u56fd\u822a\u7a7a\u80a1\uff1f<\/strong> <br>IEA\uff08\u56fd\u9645\u80fd\u6e90\u7f72\uff09\u8b66\u544a<a href=\"https:\/\/www.cnbc.com\/2026\/04\/16\/europe-jet-fuel-shortage-6-weeks-iea.html\">\u6b27\u6d32\u55b7\u5c04\u71c3\u6cb9\u53ef\u80fd\u53ea\u591f\u7ea6\u516d\u5468<\/a>\uff1b\u4e2d\u4e1c\u4f9b\u5e94\u8fc7\u53bb\u5360\u6b27\u6d32\u822a\u6cb9\u8fdb\u53e3\u7ea675%\uff0c\u5982\u4eca\u591a\u6570\u53d7\u963b\u3002\u5bf9\u7f8e\u56fd\u822a\u7a7a\u516c\u53f8\u800c\u8a00\uff0c\u8fd9\u4f1a\u5f71\u54cd\u8de8\u5927\u897f\u6d0b\u822a\u7ebf\uff0c\u56e0\u4e3a\u76f8\u5173\u673a\u573a\u52a0\u6cb9\u4e0e\u4f9b\u5e94\u94fe\u4f9d\u8d56\u6b27\u6d32\u8865\u7ed9\u3002\u5305\u62ecSAS\u5728\u5185\u7684\u822a\u7a7a\u516c\u53f84\u6708\u5df2<a href=\"https:\/\/www.cnbc.com\/2026\/04\/14\/jet-fuel-shortage-middle-east-crisis-flight-cancellations-europe.html\">\u53d6\u6d88\u903e1,000\u4e2a\u822a\u73ed<\/a>\uff0c\u7ef4\u73cd\u5927\u897f\u6d0bCEO\u4e5f\u8868\u793a\uff0c\u5373\u4f7f\u52a0\u6536\u71c3\u6cb9\u9644\u52a0\u8d39\uff08Fuel surcharge\uff1a\u628a\u90e8\u5206\u71c3\u6cb9\u6210\u672c\u52a0\u5230\u7968\u4ef7\u4e0a\u7684\u989d\u5916\u8d39\u7528\uff09\uff0c\u4eca\u5e74\u4ecd\u96be\u8f6c\u4e8f\u4e3a\u76c8\u3002\u82e5\u6b27\u6d32\u4f9b\u5e94\u7ee7\u7eed\u6536\u7d27\uff0c\u7f8e\u56fd\u822a\u7a7a\u516c\u53f8\u6700\u8d5a\u94b1\u7684\u957f\u7a0b\u822a\u7ebf\u5c06\u9762\u4e34\u66f4\u9ad8\u6210\u672c\u4e0e\u8425\u8fd0\u98ce\u9669\u3002<\/p>\n\n\n<p>\r\n\r\n<p><strong>\u7acb\u5373\u5f00\u59cb\u4ea4\u6613 &#8211; \u70b9\u51fb<a href=\"https:\/\/www.vtmarketsmy.com\/cn\/trade-now\/\">\u8fd9\u91cc<\/a>\u521b\u5efa\u60a8\u7684 VT Markets \u771f\u5b9e\u8d26\u6237 <\/strong> <\/p>\r\n<!-- \/wp:post-content -->","protected":false},"excerpt":{"rendered":"<p>\u6691\u5047\u65fa\u5b63\u822a\u73ed\u7206\u6ee1\uff0c\u822a\u7a7a\u80a1\u5374\u627f\u538b\uff1f\u970d\u5c14\u6728\u5179\u51b2\u7a81\u63a8\u9ad8\u822a\u6cb9\u8fd1\u7ffb\u500d\uff0cQ1\u56e0\u201c\u5148\u5356\u7968\u540e\u6da8\u6cb9\u201d\u6682\u597d\u770b\uff1bQ2\u8d77\u6210\u672c\u5165\u8d26\uff0c\u6307\u5f15\u4e0b\u8c03\u4e0e\u5f3a\u5f31\u5206\u5316\u6050\u6269\u5927\u3002<\/p>\n","protected":false},"author":12,"featured_media":45546,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[25],"tags":[],"class_list":["post-45548","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-opinion"],"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.vtmarketsmy.com\/cn\/wp-json\/wp\/v2\/posts\/45548","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vtmarketsmy.com\/cn\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vtmarketsmy.com\/cn\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vtmarketsmy.com\/cn\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vtmarketsmy.com\/cn\/wp-json\/wp\/v2\/comments?post=45548"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarketsmy.com\/cn\/wp-json\/wp\/v2\/posts\/45548\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.vtmarketsmy.com\/cn\/wp-json\/wp\/v2\/media\/45546"}],"wp:attachment":[{"href":"https:\/\/www.vtmarketsmy.com\/cn\/wp-json\/wp\/v2\/media?parent=45548"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarketsmy.com\/cn\/wp-json\/wp\/v2\/categories?post=45548"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarketsmy.com\/cn\/wp-json\/wp\/v2\/tags?post=45548"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}