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China Southern Reports Strong Growth in August 2024
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China Southern Reports Strong Growth in August 2024

China Southern Airlines Company Limited Class H (HK:1055) has released an update.

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China Southern Airlines Company Limited has reported a significant increase in passenger and cargo traffic for August 2024, with a 12.00% rise in passenger capacity and a 20.74% hike in passenger traffic, resulting in an 87.19% passenger load factor. Cargo capacity and traffic also grew by 11.69% and 16.81% respectively. The Group expanded its fleet with six new aircraft while retiring four, maintaining a total of 911 commercial aircraft.

For further insights into HK:1055 stock, check out TipRanks’ Stock Analysis page.

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