China Southern Airlines Co., Ltd. (01055) announced that in March 2024, the group invested in passenger capacity (according to available seats...
According to the Zhitong Finance App, China Southern Airlines Co., Ltd. (01055) announced that in March 2024, the group's passenger capacity investment (in terms of usable seat kilometers) increased 22.44% year on year, with domestic, regional and international increases of 5.74%, 46.19% and 178.57% year on year; passenger turnover (in terms of passenger kilometer revenue) increased 36.08% year on year, with domestic, regional and international increases of 17.49%, 44.63% and 209.01% year on year; passenger occupancy rate was 82.33%, up 8.26 percentage points year on year. China's domestic and international increases were 8.23 and 8.18 percentage points, respectively, and the region declined 0.81 percentage points year over year.
In terms of freight, in March 2024, freight capacity investment (in terms of usable tons kilometers - freight and mail traffic) increased 21.95% year on year; cargo and mail turnover (in terms of tons of revenue - freight and mail traffic) increased 29.91% year on year; cargo and mail carrying rate was 53.21%, up 3.26 percentage points year on year.
In March 2024, the group did not add any major routes. The group introduced 5 aircraft (including 1 A320NEO, 2 A321NEO, 1 B737MAX and 1 ARJ21) and withdrew 1 A320 aircraft. As of the end of March 2024, the Group operated a total of 917 transport aircraft.