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China Southern Airlines Company Limited Class H ( (HK:1055) ) has issued an update.
In December 2024, China Southern Airlines reported a 3.33% increase in passenger capacity and a 10.07% rise in passenger traffic year-on-year, with international routes showing significant growth. The company launched a new route between Beijing Daxing and Vientiane and added eight new aircraft to its fleet while phasing out ten older planes. Despite a decrease in cargo capacity by 8.62%, the cargo and mail load factor improved. These developments highlight the company’s efforts to expand its international presence and optimize its fleet operations, potentially enhancing its competitive position in the aviation market.
More about China Southern Airlines Company Limited Class H
China Southern Airlines Company Limited is a major airline in the People’s Republic of China, providing both passenger and cargo air transportation services. The company operates a large fleet of commercial aircraft, focusing on domestic, regional, and international routes.
YTD Price Performance: -1.47%
Average Trading Volume: 18,381,234
Technical Sentiment Consensus Rating: Sell
Current Market Cap: HK$110.7B
For a thorough assessment of 1055 stock, go to TipRanks’ Stock Analysis page.
