China Southern Airlines (600029.SH) Reports 7.29% YoY Growth in July Passenger Turnover

Stock News08-15

China Southern Airlines (600029.SH) announced that in July 2025, the Group's passenger capacity input (measured by available seat kilometers) increased by 6.66% year-over-year, with domestic, regional, and international segments rising by 5.69%, 1.01%, and 9.97% respectively. Passenger turnover (measured by revenue passenger kilometers) grew by 7.29% year-over-year, with domestic, regional, and international segments increasing by 6.54%, 2.97%, and 9.85% respectively. The load factor reached 84.38%, up 0.50 percentage points year-over-year, with domestic and regional segments rising by 0.67 and 1.56 percentage points respectively, while international decreased by 0.09 percentage points. In terms of cargo operations, July 2025 saw cargo capacity input (measured by available ton kilometers for cargo and mail) increase by 0.22% year-over-year. Cargo and mail turnover (measured by revenue ton kilometers for cargo and mail) rose by 3.60% year-over-year, with the cargo and mail load factor reaching 50.89%, up 1.66 percentage points year-over-year.

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