China Southern Airlines (600029.SH) passenger turnover in September (in terms of passenger kilometers revenue) increased 19.29% year on year

Zhitong Finance App News, China Southern Airlines (600029.SH) announced that in September 2024, China Southern Airlines Co., Ltd. and its subsidiaries (“the Group”) increased 9.81% year-on-year, with domestic, regional and international increases of 0.05%, 33.96%, and 52.16% year-on-year respectively; passenger turnover (in terms of passenger kilometers revenue) increased 19.29% year-on-year. The passenger occupancy rate was 10.29%, 41.03%, and 56.49% year-on-year; the passenger occupancy rate was 85.51%, up 6.80 percentage points year on year. China's domestic, regional, and international regions increased by 7.98, 3.84, and 2.34 percentage points year on year, respectively.

In terms of freight, in September 2024, freight capacity investment (in terms of usable tons of kilometers - freight and mail traffic) increased 7.47% year on year; cargo and mail turnover (in terms of tons of revenue - freight and mail traffic) increased 10.82% year on year; cargo and mail carrying rate was 52.67%, up 1.59 percentage points year on year.