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Saudi Aramco's downward adjustment of oil prices will directly reduce airlines' fuel procurement costs. For Jixiang Airlines, this will help to reduce its operating costs and enhance its profitability. According to historical data, fuel cost usually accounts for a large proportion of the total cost of airlines, so the decline in oil price has a significant positive impact on the financial performance of airlines.tag

Third, the impact of Saudi Aramco's price reduction on Jixiang AirlinesAuspicious Aviation —— The Pearl in the Wave of Aviation Industry RecoveryOn the other hand, the decline in oil prices may also stimulate the growth of aviation demand. With the reduction of fuel costs, airlines may introduce more preferential air tickets to attract passengers, thus promoting the prosperity of the aviation market. This will bring more business opportunities and revenue growth for Jixiang Airlines.

Auspicious Aviation —— The Pearl in the Wave of Aviation Industry RecoveryV. Investment suggestions