Summary by Moomoo AI
China Southern Airlines Co., Ltd. ("China Southern Airlines") announced its major operating data for May 2024. The data showed that passenger capacity input increased by 11.64% year-on-year in the month, passenger turnover increased by 23.21% year-on-year, and passenger load factor reached 83.06%, a year-on-year increase of 7.80 percentage points. Domestic, regional and international markets all have varying degrees of growth in passenger capacity and passenger turnover. In terms of cargo, cargo capacity input increased by 10.96% year-on-year, cargo and mail turnover increased by 21.52% year-on-year, and cargo and mail load factor was 53.83%, a year-on-year increase of 4.68 percentage points. In terms of aircraft operations, China Southern Airlines introduced 4 new aircraft and retired 5 old ones in May, with a total of 910 operational aircraft by the end of the month. The company emphasized that these preliminary statistical data may be adjusted and reminded investors not to overly rely on this information for investment decisions.
