Summary by Moomoo AI
China Southern Airlines Co., Ltd. (“China Southern Airlines”) announced on March 15, 2024 key operating data for February 2024. The data showed that passenger traffic input grew by 39.13% year-on-year, passenger turnover increased by 55.49% year-on-year, and the passenger rate reached 85.60%, up 9.00 percentage points year-on-year. In terms of freight, freight throughput increased by 27.96% year-on-year, and freight turnover increased by 11.67% year-on-year, but the freight rate decreased by 6.03 percentage points year-on-year. In terms of aircraft introductions, China Southern Airlines introduced six new aircraft in February, bringing the total number of aircraft in operation to 913 aircraft as of the end of February. The company emphasizes that these preliminary statistics are subject to adjustments and may differ from those disclosed on a regular basis, and investors should not rely too heavily on this information.