01055 CHINA SOUTH AIR
- 2.870
- +0.040+1.41%
CHINA SOUTH AIR News
Hong Kong stock concept tracking | Japan aviation bookings increase significantly, China Civil Aviation's major operational indicators rebound (including concept stocks).
ANA President: Domestic flight demand is strong, with July and August bookings up 1.1 times from last year.
China Southern Airlines' Passenger Capacity Rises 12% in June
With the improvement of operation indicators and the strong supply and demand of summer transportation, will the aviation/airlines industry rise?
It is expected that 0.133 billion passengers will be transported during the summer vacation.
China Southern Airlines Experiences Strong Growth
China Southern Airlines (600029.SH): Passenger transportation capacity increased by 12.47% year-on-year in June.
On June 2024, China Southern Airlines (600029.SH) announced that their passenger transport capacity (measured in available seat kilometers) had increased by 12.47% YoY. The domestic, regional, and international transport saw increases of 0.84%, 40.05%, and 75.14% YoY respectively. The passenger traffic volume (measured in revenue passenger kilometers) rose by 17.97% YoY. Domestic, regional, and international transport saw increases of 6.86%, 42.39%, and 75.81% YoY respectively. The passenger load factor was 83.36%, an increase of 3.89 percentage points YoY, with domestic, regional, and international transport increasing by
China South Air (01055.HK) had a 17.97% increase in passenger turnover in June compared to the same period last year.
On June 2024, China Southern Airlines (01055.HK) announced that the group's passenger traffic capacity (in available seat kilometers) increased by 12.47% year-on-year, with domestic, regional and international segments increasing by 0.84%, 40.05%, and 75.14% year-on-year, respectively; passenger turnover (in revenue passenger kilometers) increased by 17.97% year-on-year, with domestic, regional and international segments increasing by 6.86%, 42.39%, and 75.81% year-on-year, respectively; passenger load factor was 83.36%, up 3.89 percentage points year-on-year, with domestic, regional and international segments
Express News | China Southern Airlines - June CARGO and Mail Load Factor Was 55.41%
Express News | China Southern Airlines - June Passenger Load Factor Was 83.36%
Express News | China Southern Airlines - June Passenger Capacity Increased by 12.47% Vs Pcp
China Air Carriers Likely to See More Muted Recovery -- Market Talk
HK stocks anomaly | The aviation/airlines industry is under pressure, and the three major airlines are still operating at a loss. The peak season of summer travel is worth looking forward to.
According to the Zhongtong Finance APP, the aviation/airlines industry is collectively under pressure. As of press time, China Southern Airlines (01055) fell by 3.33% to HKD 2.9; China Eastern Airlines (00670) fell by 2.86% to HKD 2.04; Air China Limited (00753) fell by 1.9% to HKD 3.62; Capital Airport (00694) fell by 1.75% to HKD 2.5. In terms of news, Air China Limited, China Southern Airlines, and China Eastern Airlines recently jointly released their performance forecast for the first half of 2024. In the first half of this year, the three major airlines all expect to make losses, with a total net loss expected to be between RMB 5.76 billion and RMB 7.48 billion. The three major airlines
China Southern Airlines to Shrink Loss in H1
gtja: Aviation still has long-term logic, and summer transportation will gradually enter the best period.
Zhī tōng cǎijīng APP learned that gtja Securities believes that the long-term value of airlines is gradually showing, and attention should be paid to the timing of reverse layout.
China Southern Airlines Sees 1H Loss CNY1.06B-Loss CNY1.58B >1055.HK
HK stocks volatile | China Southern Airlines (01055) fell more than 3% after warning of profit loss, with a predicted loss of more than 1.06 billion yuan in the first half of the year. The company's operation still faces great pressure.
Zhī tōng cáijīng APP learned that China Southern Airlines (01055) fell more than 3% after warning, as of press time, it fell 3.58% to HKD 2.96 with a turnover of HKD 14.5516 million. On the news front, China Southern Airlines announced that it is expected to record a net loss attributable to shareholders of the listed company of RMB 1.06 billion to RMB 1.58 billion for the six months ending June 30, 2024. This compares to a net loss attributable to shareholders of the listed company of RMB 2.875 billion for the same period last year. The company said that the main reason for the inability to turn losses around was the complex and changing external environment of civil aviation development at present.
China Southern Airlines announces that it is expected to report a loss in the first half of 2024.
CHINA SOUTH AIR: ANNOUNCEMENT ON ESTIMATED LOSS IN THE RESULTS FOR THE FIRST HALF OF 2024
Express News | China Southern Airlines Says It Sees H1 Net Loss at 1.1-1.6 Bln Yuan
Hang Seng Index Company: The Hang Seng Stock Connect State-Owned Enterprise Value Index has risen by more than 26% since the beginning of the year, significantly outperforming the market.
Heng Seng Index Company stated that state-owned enterprises have significantly outperformed in the Hong Kong stock market in recent years.
Hong Kong stocks rallied, with the aviation/airlines industry leading the way. The high demand during the summer travel season is expected to turn around the losses of airlines within this year.
The aviation/airlines industry has collectively risen, as of the time of publication, Meilan Airport (00357) rose 4.95%, to HKD 7.85; Air China Limited (00753) rose 3.92%, to HKD 3.71; China Southern Airlines (01055) rose 3.69%, to HKD 3.09.
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