Ge Long Hui A P P·2025-09-15 09:31Core Insights - China National Airlines (601111.SH) reported an increase in consolidated passenger turnover (measured in revenue passenger kilometers) for August 2025 compared to the previous year [1] Group 1: Passenger Operations - Passenger capacity input (measured in available seat kilometers) increased by 2.3% year-on-year, while passenger turnover rose by 3.2% [1] - Domestic passenger capacity input decreased by 1.2%, with passenger turnover remaining flat; international passenger capacity input increased by 12.6%, and passenger turnover rose by 12.9%; regional passenger capacity input decreased by 5.7%, with passenger turnover declining by 2.2% [1] - The average passenger load factor was 83.7%, an increase of 0.8 percentage points year-on-year, with domestic routes up by 1.1 percentage points, international routes up by 0.2 percentage points, and regional routes up by 2.9 percentage points [1] Group 2: Cargo Operations - Cargo capacity input (measured in available cargo ton kilometers) increased by 1.5% year-on-year, while cargo mail turnover (measured in revenue cargo ton kilometers) rose by 10.2% [1] - The cargo load factor was 42.1%, an increase of 3.3 percentage points year-on-year [1] Group 3: Fleet Expansion - In August 2025, the company introduced 3 A320 series aircraft and 3 B737 series aircraft [1] - As of the end of August 2025, the company operated a total of 941 aircraft, including 419 owned aircraft, 228 financed leased aircraft, and 294 operating leased aircraft [1]