600029 China Southern Airlines
- 5.67
- +0.01+0.18%
China Southern Airlines News
China Southern Airlines to Double Weekly Flights to Penang Starting June 20
GEORGE TOWN (May 3): China Southern Airlines plans to double its weekly flights from Guangzhou, China to Penang, increasing from seven to 14, starting June 20.
Changes in Hong Kong stocks | Aviation stocks are generally falling, and the domestic flight market is still under pressure from fares, and the cost side is still being suppressed by high oil prices
The Zhitong Finance App learned that aviation stocks were generally lower. As of press release, China Eastern Airlines (00670) fell 2.88% to HK$2.02; China Southern Airlines (01055) fell 2.34% to HK$2.92; and Air China (00753) fell 1.49% to HK$3.98. According to the news, Dongwu Securities (Hong Kong) pointed out that oversupply in the domestic market is expected to ease marginally in 2024, but pressure on ticket prices still exists. The bank believes that with the gradual return of wide-body aircraft to international routes, the domestic market supply and demand pattern will improve compared to 2023, leading to a moderate year-on-year rise in bare ticket prices. But test
Aviation stocks rose collectively, Beijing Capital Airport (00694) rose 7.2%. Agencies expect air passenger traffic to increase by more than 20% year-on-year during the May 1st holiday
Jinwu Financial News | Aviation stocks rose collectively. Beijing Capital Airport shares (00694) rose 7.2%, China Southern Airlines (01055) rose 4.58%, Meilan Airport (00357) rose 3.14%, Air China (00753) rose 2.54%, and China Eastern Airlines (00670) rose 1.97%. According to Cathay Pacific Junan, pre-sales of tickets for the May Day holiday began in mid-April and accelerated with the launch of train tickets. The number of OTA ticket inquiries and reservations increased significantly over the same period last year. Considering the recovery in fleet turnover and the high fare base, air passenger traffic is expected to increase by more than 20% year on year during the May 1st holiday, and ticket prices may fall year on year.
China Southern Airlines Returns to Profit in Q1 2024
China Southern Airlines Company (HKG:1055, SHA:600029) reported a net profit attributable to shareholders of 756 million yuan in the first quarter of the year, turning around from the year-ago loss of
Zhitong Hong Kong stocks have known for a long time | Guangzhou released a “trade-in” implementation plan, two departments set the tone for digital economy work in 2024
The “Plan” is divided into six parts and 24 items. It is clear that Guangzhou will implement four major actions: large-scale equipment renewal, consumer goods trade-in, waste recycling, and standard upgrading, to promote industrial upgrading and transformation, release investment and consumption potential, and accelerate the development of new quality productivity.
China Southern Airlines 1Q Net CNY756.0M Vs. Loss CNY1.90B >1055.HK
China Southern Airlines 1Q Net CNY756.0M Vs. Loss CNY1.90B >1055.HK
China Southern Airlines 1Q Rev CNY44.60B Vs. CNY34.06B >1055.HK
China Southern Airlines 1Q Rev CNY44.60B Vs. CNY34.06B >1055.HK
China Southern Airlines Co., Ltd. (01055): Yao Yong resigns as Deputy General Manager
According to Zhitong Finance App, China Southern Airlines Co., Ltd. (01055) issued an announcement. On April 29, 2024, the company held the 20th meeting of the 9th board of directors. 7 directors should attend the meeting and 6 directors actually attended the meeting. Director Luo Laijun did not attend the meeting due to official reasons, and authorized Director Han Wensheng to attend and vote on his behalf. After deliberation and voting by the directors attending this board meeting, the following bill was unanimously passed: it was agreed that Yao Yong would no longer serve as the company's deputy general manager, chief accountant, and financial director due to a change in position.
China Southern Airlines Co., Ltd. (01055.HK) plans to purchase 100 C919 series aircraft
Gelonghui, April 29, 丨 China Southern Airlines Co., Ltd. (01055.HK) announced that on April 29, 2024, the company and COMAC signed the agreement to purchase 100 C919 series aircraft from COMAC. According to data provided by COMAC, the catalogue price of a C919 series aircraft is 99 million US dollars, and the total catalogue price of such aircraft is about 9.9 billion US dollars. This aircraft acquisition is in line with the national strategy and effectively meets the company's medium- to long-term fleet development needs. Under the overall layout of the national civil aviation development strategy, demand in the domestic narrow-body aircraft market showed a significant upward trend. The company in 2024
China Southern Airlines Co., Ltd. (01055) net profit of 756 million yuan in the first quarter
According to the Zhitong Finance App, China Southern Airlines Co., Ltd. (01055) released its report for the first quarter of 2024, with operating revenue of 44.601 billion yuan (RMB, same below), an increase of 30.97% over the previous year; net profit attributable to shareholders of listed companies was 756 million yuan, a loss of 1,898 billion yuan for the same period last year; basic earnings per share were 0.04 yuan.
中國南方航空股份：2024年第一季度報告
Changes in Hong Kong stocks | Eastern Airlines (00670) rose more than 4%, leading the airline stock Q1 civil aviation passenger volume to a record high in the same period, and the May 1st holiday is expected to catalyze
Airlines stocks rose collectively. As of press release, Eastern Airlines (00670) rose 4.04% to HK$2.06; Capital Airport (00694) rose 3.72% to HK$2.51; Air China (00753) rose 3.49% to HK$4.15; and China Southern Airlines (01055) rose 3.28% to HK$2.83.
China Merchants Securities: The operating data performance of various airlines in the first quarter was impressive, and attention was paid to the May Day holiday catalysis
The May Day holiday is coming soon. Focus on holiday catalysis.
China Southern Airlines Co., Ltd. (01055.HK) plans to hold a 2024 first quarter results briefing on April 30
Gelonghui, April 24, 丨 China Southern Airlines Co., Ltd. (01055.HK) announced that China Southern Airlines Co., Ltd. (hereinafter referred to as the “Company”) will release its report for the first quarter of 2024 on April 30, 2024. In order to facilitate investors to fully understand the company's operating results and financial situation for the first quarter of 2024, the company will hold a 2024 first quarter results briefing (hereinafter referred to as “this performance briefing”) on April 30, 2024 (hereinafter referred to as “this performance briefing”) to discuss investors' concerns.
中國南方航空股份：2023年度報告
Guoxin Securities (Hong Kong): Aviation supply and demand are expected to be in tight balance, and airline profitability is expected to increase across the board
The overall operation of the civil aviation industry has returned to a normal growth path, and the supply and demand situation of the industry is expected to gradually become tight in 2024, and the profitability of airlines is expected to increase across the board.
[Broker Focus] Guoxin Securities indicates that air transport has returned to a state of normalized growth, supply and demand, or a tight balance
Jinwu Financial News | Guoxin Securities said that according to data from the Civil Aviation Administration of China, in March 2024, civil aviation passenger turnover recorded a 5.9% growth rate compared to the same period in 2019. Based on the following reasons, the bank believes that the profitability of airlines is expected to increase across the board in 2024:1. Continued economic improvement is expected to drive a steady increase in overall air travel demand; 2. Continued recovery of international routes will help the continued release of overseas travel demand; 3. The civil aviation industry's fleet growth rate is expected to remain low, supply and demand will gradually become more balanced, and passenger occupancy rates are expected to continue to rise. The bank indicates that since the end of 2023, Hong Kong stock airline owners
The volume and price of the civil aviation market soared, and aviation stocks rose collectively, Beijing Capital Airport shares (00694) rose 2.98%
Jinwu Financial News | Aviation stocks rose collectively. Beijing Capital Airport shares (00694) rose 2.98%, Air China (00753) rose 2.66%, China Eastern Airlines (00670) rose 2.63%, China Southern Airlines (01055) rose 2.29%, and Meilan Airport (00357) rose 1.82%. According to the news, according to CCTV Finance, the “May Day” holiday is approaching. Air ticket reservations are at their peak, outbound travel has also seen significant growth, and the cultural tourism market continues to heat up. Big data from an online booking platform shows that 15 days before the holiday season, the number of air ticket reservations had already surpassed the same period in 2023. There are many reporters
“May 1st” holiday ticket pre-sales accelerate the collective rise of airline stocks, and Air China (00753) rose 3.22%
Jinwu Financial News | Aviation stocks rose collectively. Air China (00753) rose 3.22%, China Eastern Airlines (00670) rose 2.7%, China Southern Airlines (01055) rose 2.33%, Meilan Airport (00357) rose 2.27%, and Beijing Capital Airport shares (00694) rose 1.73%. According to the news, according to Ctrip data, although the overall average price of domestic air tickets fell slightly year on year, the month-on-month increase was about 40% compared to this year's Qingming holiday. As of April 15, ticket prices for popular routes such as Guangzhou-Beijing, Chengdu-Hangzhou, and Beijing-Chengdu had risen by about 10% year-on-year, and Kunming-Chengdu
The Hang Seng Index closed down 0.99%, and most airline stocks closed down, China Southern Airlines (01055) fell 4.1%
Jinwu Financial News | The three major indices of Hong Kong stocks collectively closed down. At the close, the Hang Seng Index fell 0.99%, the State-owned Enterprises Index fell 0.99%, and the Hang Seng Technology Index fell 2.35%. Among blue chips, Ideal Auto (02015) fell 7.4%, Shunyu Optical Technology (02382), Pharmaceutical Biotech (02269), Sands China (01928), Pharmaceutical Kangde (02359), and Haidilao (06862) fell more than 4%; in terms of growth, Dongfang Overseas International (00316) rose 4.40%, Country Garden Service (06098) rose 3.26%, and CNPC (00857) rose 2.
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