Summary by Moomoo AI
China International Airlines Co., Ltd. (“China Airlines”) released key operating data for January 2024 on 19 February 2024. The report showed that China Airlines and its subsidiary combined passenger turnover increased year-on-year, with passenger traffic turnover up 53.1% year-on-year and 8.9% YoY; passenger turnover up 69.1% YoY and 12.1% YoY. International passenger traffic input and passenger turnover rose 844.9% and 1,093.3% year-on-year, respectively, demonstrating a strong recovery in the international market. In terms of freight, freight throughput increased by 84.6% year-on-year, and freight turnover increased by 163.9% year-on-year. The average guest rate was 77.6%, up 7.3 percentage points year-on-year. In addition, China Airlines introduced new aircraft in January and retired some of the old ones, and as of the end of...Show More