China Southern Airlines Company Limited Class H (HK:1055) has released an update.
Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
China Southern Airlines reported a notable operational performance for November 2024, with a 7.18% year-on-year increase in passenger capacity, driven by a significant 39.02% rise on international routes. Passenger traffic saw an impressive 15.17% boost, and the passenger load factor improved by 5.88 percentage points to 84.81%. Additionally, the airline’s cargo operations displayed growth, with a 7.71% increase in cargo traffic and a higher load factor of 55.74%.
For further insights into HK:1055 stock, check out TipRanks’ Stock Analysis page.