Summary by Moomoo AI
China Southern Airlines Co., Ltd. released its main operational statistics for July 2024. The data showed that the passenger transportation capacity in that month increased by 12.13% year-on-year, and the passenger turnover increased by 16.07% year-on-year, with a passenger load factor of 83.77%, up 2.84 percentage points year-on-year. In terms of cargo, the freight transport capacity increased by 10.43% year-on-year, and the cargo and mail turnover increased by 16.67% year-on-year, with a cargo and mail load factor of 49.36%, up 2.64 percentage points year-on-year. In addition, the company added several major routes and introduced five new aircrafts in July, while retiring three old aircrafts. As of the end of July, the total number of transport aircraft operated by the company reached 909. Investors should note that these initial statistics may be adjusted and may differ from the data disclosed in regular reports.