China Southern Airlines Co., Ltd. (01055) passenger capacity investment increased 9.81% year-on-year in September

According to the Zhitong Finance App, China Southern Airlines Co., Ltd. (01055) announced that in September 2024, the Group's passenger capacity investment (in terms of usable seat kilometers) increased 9.81% year on year, with domestic, regional and international increases of 0.05%, 33.96% and 52.16% year on year; passenger turnover (in terms of passenger kilometers revenue) increased 19.29% year on year, with domestic, regional and international increases of 10.29%, 41.03% and 56.49% year on year, respectively; passenger occupancy rate was 85.51%, up 6.80 percentage points year on year, among which Domestic, regional and international year-on-year increases were 7.98, 3.84, and 2.34 percentage points, 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 - cargo 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.

In September 2024, the Group did not add any new major routes.

In September 2024, the Group introduced 4 aircraft (including 2 B737-8 aircraft, 1 A321NEO aircraft, and 1 ARJ21 aircraft) and withdrew 2 aircraft (including 1 A330-200 aircraft and 1 EMB190 aircraft). As of the end of September 2024, the Group operated a total of 913 transport aircraft.