China Southern Airlines July passenger turnover up 5.25% year on year, load factor 85.20%

Earnings
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China Southern Airlines announced that in July 2026, passenger capacity input rose 4.23% year on year, passenger turnover rose 5.25% year on year, and the load factor was 85.20%, up 0.82 percentage points year on year. In cargo, cargo capacity input rose 3.06% year on year, cargo and mail turnover rose 0.84% year on year, and the cargo and mail load factor was 49.79%, down 1.09 percentage points year on year. The company introduced 8 aircraft and retired 7 aircraft in July, operating a total of 974 transport aircraft by the end of July. In the first quarter of 2026, China Southern Airlines achieved revenue of 47.782 billion yuan and net profit attributable to the parent of 1.481 billion yuan.

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