Ge Long Hui A P P·2025-12-15 09:17Core Viewpoint - China Southern Airlines reported significant growth in passenger capacity and turnover for November 2025, indicating a strong recovery and expansion in both domestic and international markets [1] Passenger Operations - Passenger capacity (measured in available seat kilometers) increased by 8.68% year-on-year, with domestic, regional, and international segments rising by 5.55%, 9.75%, and 17.44% respectively [1] - Passenger turnover (measured in revenue passenger kilometers) rose by 10.42% year-on-year, with domestic, regional, and international segments increasing by 7.36%, 12.38%, and 18.99% respectively [1] - The passenger load factor was 86.29%, up by 1.36 percentage points year-on-year, with domestic, regional, and international segments increasing by 1.46, 1.85, and 1.12 percentage points respectively [1] Cargo Operations - Cargo capacity (measured in available ton kilometers) increased by 11.61% year-on-year [1] - Cargo turnover (measured in revenue ton kilometers) rose by 7.17% year-on-year [1] - The cargo load factor was 53.39%, down by 2.21 percentage points year-on-year [1] Fleet Expansion - The company introduced 7 new aircraft in November 2025, including 5 A320NEO and 2 B737-8 aircraft [1] - As of the end of November 2025, the total operational fleet consisted of 966 aircraft [1]