Zhong Guo Jin Rong Xin Xi Wang·2025-09-10 09:24Core Viewpoint - China Southern Airlines is actively transforming and upgrading its operations, focusing on expanding its core aviation services while developing strategic emerging industries, thereby enhancing its role in connecting the world through the "Air Silk Road" initiative [1][2]. Group 1: Operational Performance - As of June 2023, China Southern Airlines operates 943 passenger and cargo aircraft with a passenger load factor of 85.47% [2]. - By the end of 2024, the "Southern Airlines e-Travel" ecosystem is expected to connect over 5,500 merchants, with monthly active users exceeding 5 million [2]. - In 2024, the airline's total transport turnover, passenger transport volume, and cargo mail transport volume are projected to reach 362 billion ton-kilometers, 165 million passengers, and 183 thousand tons, respectively, all setting new records [2]. Group 2: Strategic Initiatives - The airline is expanding its "Southern Airlines Express" domestic service to 19 key business and tourism routes, covering 17 major domestic travel cities, while the international version connects popular destinations in Southeast Asia with an average of over 8 round-trip flights daily [3]. - China Southern Airlines is enhancing its cargo operations by strengthening logistics hubs in Guangzhou, Shenzhen, Shanghai, Beijing Daxing, and Urumqi, and has opened new cargo routes to Budapest, Riyadh, Dubai, and Sydney during the "14th Five-Year Plan" period [6]. Group 3: Industry Development - The company is focusing on developing strategic emerging industries, including aircraft maintenance and manufacturing, by promoting market-oriented, integrated, and international reforms in aircraft maintenance [6][7]. - China Southern Airlines is advancing its digital transformation and high-end equipment manufacturing through the establishment of new technology companies, aiming to enhance the aviation industry's digital capabilities [7]. - The airline is also exploring opportunities in the low-altitude economy by developing low-altitude flight products and participating in the research and development of electric vertical takeoff and landing aircraft (eVTOL) [8].