China Southern Airlines (600029.SH) saw a year-on-year increase of 16.2% in passenger turnover in October.

China Southern Airlines (600029.SH) announced that in October 2024, the group's passenger carrying capacity (measured by available seat kilometers) increased by 8.73% year-on-year, with domestic, regional, and international capacity rising by 0.18%, 9.72%, and 46.28% respectively. Passenger traffic (measured by revenue passenger kilometers) increased by 16.20% year-on-year, with domestic, regional, and international traffic rising by 7.02%, 24.59%, and 58.10% respectively. The passenger load factor was 86.72%, an increase of 5.57 percentage points year-on-year, with domestic, regional, and international load factors rising by 5.60, 9.52, and 6.32 percentage points respectively. In terms of freight, the freight carrying capacity (measured by available ton kilometers - cargo/mail) increased by 1.97% year-on-year in October 2024. The freight traffic volume (measured by revenue ton kilometers - cargo/mail) increased by 6.67% year-on-year. The freight load factor was 51.96%, an increase of 2.29 percentage points year-on-year.