Sou Hu Cai Jing·2026-02-14 18:07Core Viewpoint - China Southern Airlines (600029) experienced a stock price decline of 7.54% this week, closing at 7.6 yuan, down from 8.22 yuan the previous week, despite reaching a near one-year high of 8.46 yuan on February 9, 2026 [1] Company Announcements Summary - In January 2026, the passenger capacity input (measured in available seat kilometers) decreased by 1.10% year-on-year, with domestic capacity down by 5.42%, regional capacity up by 0.12%, and international capacity up by 10.45% [2] - The passenger turnover volume fell by 2.86% year-on-year, with domestic turnover down by 6.91%, regional turnover up by 1.12%, and international turnover up by 7.96% [2] - The passenger load factor was 83.26%, a decrease of 1.51 percentage points year-on-year [2] - Cargo capacity input saw a slight decrease of 0.03% year-on-year, while cargo and mail turnover volume increased by 7.65%, with a cargo load factor of 50.39%, up by 3.59 percentage points year-on-year [2] - No new major routes were added in January, and one A321 aircraft was retired, leaving a total of 971 operational aircraft by the end of January 2026 [1]