Core Viewpoint - The announcement from China Southern Airlines indicates a significant increase in both passenger and cargo capacity and performance metrics for April 2025 compared to the previous year [1] Passenger Operations - Passenger capacity (measured in available seat kilometers) increased by 8.83% year-on-year [1] - Passenger turnover (measured in revenue passenger kilometers) rose by 12.14% year-on-year [1] - The passenger load factor reached 85.58%, an increase of 2.53 percentage points year-on-year [1] Cargo Operations - Cargo capacity (measured in available ton kilometers) increased by 14.46% year-on-year [1] - Cargo turnover (measured in revenue ton kilometers) grew by 6.63% year-on-year [1] - The cargo load factor was 51.38%, a decrease of 3.78 percentage points year-on-year [1]