BEIJING, Oct. 26, 2009 (Xinhua News Agency) -- Chinese airlines stocks outperformed the market on Shanghai and Shenzhen bourses on Monday, as the market expects the main businesses of the airlines to see a better performance in the third quarter.

The A-share of the three major Chinese airlines, namely, China Southern Airlines (NYSE:ZNH) (ZNH.NYSE; 01055.HK; 600029.SH), China Eastern Airlines (CEA.NYSE; 00670.HK; 600115.SH) and Air China (00753.HK; 601111.SH) saw a rise of 1.09 percent, 1.57 percent and 0.24 percent, respectively, on Monday, compared with the 0.06 percent rise of the benchmark Shanghai Composite Index.

An analyst in Beijing noted that as the third quarter is a traditional booming season for the aviation industry, the main businesses of Chinese airlines are likely to make profit or cut loss in the period.

But the analyst meanwhile pointed out that the airline companies are still likely to incur loss in the fourth quarter along with the rise of oil price and the coming of winter, a traditional slack season for the aviation industry.

Besides, China's aviation industry still faces two uncertain factors, including whether the Chinese currency will appreciate continuously, and whether the spread of the A/H1N1 flu will affect the air transportation demand in the future.