B · Normal
[China Southern Airlines responded to Q3 single-quarter losses: affected by high jet fuel prices and the diversion of travel demand in the central market by high-speed rail] On November 2, China Southern Airlines reported a net profit loss of 609 million yuan attributable to its parent company in the third quarter of this year, making it the only airline among the "three major airlines" to lose money in a single quarter in Q3. In this regard, Han Wensheng, vice chairman and general manager of China Southern Airlines, said at today's performance briefing that the increase in passengers carried by China Southern Airlines in the third quarter was higher than the increase in capacity investment, the passenger load factor increased year-on-year, and the supply and demand were well matched. However, aviation fuel prices continue to run at high levels, and high-speed rail diverts travel demand in the central market, which has a greater impact on China Southern Airlines. In the next step, China Southern will adhere to the implementation of the hub network strategy, optimize the route network structure, and increase revenue levels. (Reporter Lu Tingting)
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