CSN(SH:600029) Zhong Guo Min Hang Wang·2025-10-27 04:40Core Insights - China Southern Airlines Logistics (CSAL) will officially implement its winter flight schedule from October 26, 2025, to March 28, 2026, focusing on expanding its cargo network with 31 cargo routes and over 5,400 flight operations to support global supply chain stability [1][3] Group 1: Cargo Network Expansion - CSAL plans to connect 15 destinations, reaching major cargo markets in the Americas, Europe, the Middle East, Oceania, and Southeast Asia, as well as emerging business growth areas [1][3] - The company is enhancing its logistics capabilities by establishing core hub clusters in Guangzhou and Shanghai, while increasing truck flight operations to strengthen cargo distribution in the Greater Bay Area and Yangtze River Delta regions [3] Group 2: Market Demand and Seasonal Adjustments - Since October, CSAL has reported a nearly 20% year-on-year increase in daily outbound cargo volume, indicating a robust demand during the traditional peak cargo season [3] - To meet diverse logistics needs during major shopping events like "Double Eleven," "Double Twelve," and "Black Friday," CSAL is optimizing its flight scheduling system by adding new routes to emerging markets and increasing flight frequencies to popular destinations [3] Group 3: Operational Efficiency - The new flight schedule will optimize cargo aircraft timing and configuration across key domestic airports, including Guangzhou, Shanghai, Shenzhen, Taiyuan, and Harbin, enhancing operational efficiency and market responsiveness [3]