Group 1 - The core viewpoint of the announcement is that China Southern Airlines is increasing its passenger capacity and cargo operations significantly by December 2025, with notable growth in international routes and overall operational metrics [1][2] Group 2 - By December 2025, the group's passenger capacity (measured in available seat kilometers) is expected to increase by 11.89%, with domestic, regional, and international segments rising by 6.81%, 2.80%, and 25.76% respectively [1] - The passenger turnover (measured in revenue passenger kilometers) is projected to rise by 11.20%, with domestic, regional, and international increases of 6.88%, 5.72%, and 22.77% respectively [1] - The passenger load factor is reported at 84.05%, showing a decrease of 0.53 percentage points year-on-year, with domestic and regional load factors increasing by 0.05 and 2.16 percentage points, while international load factor decreased by 2.03 percentage points [1] Group 3 - In terms of cargo operations, the cargo capacity (measured in available ton kilometers) is expected to rise by 19.28%, while the cargo turnover (measured in revenue ton kilometers) is projected to increase by 10.86% [1] - The cargo load factor stands at 51.95%, reflecting a year-on-year decrease of 3.95 percentage points [1] Group 4 - The group plans to introduce new major routes including Guangzhou-Jiaxing-Guangzhou (seven flights per week), Guangzhou-Darwin-Guangzhou (three flights per week), and Guangzhou-Madrid-Guangzhou (three flights per week) by December 2025 [1] Group 5 - By December 2025, the group will introduce 8 new aircraft, including 3 A320NEO, 3 A321NEO, 1 B737-8, and 1 C919, while retiring 2 aircraft, comprising 1 A321 and 1 B737-700 [2] - As of the end of December 2025, the group will operate a total of 972 transport aircraft [2]

Core Viewpoint - China National Airlines (601111.SH) reported an increase in passenger turnover and capacity for November 2025, indicating a positive trend in both domestic and international travel demand [1] Passenger Operations - The group's consolidated passenger turnover (measured in revenue passenger kilometers) increased by 10.1% year-on-year [1] - Passenger capacity (measured in available seat kilometers) rose by 4.9% year-on-year [1] - Domestic passenger capacity increased by 3.9%, with a corresponding turnover increase of 7.5% [1] - International passenger capacity saw an 8.1% increase, with turnover rising by 17.4% [1] - Regional passenger capacity decreased by 3.5%, while turnover increased by 3.0% [1] - The average passenger load factor reached 83.3%, up by 4.0 percentage points year-on-year [1] - Domestic routes saw a load factor increase of 2.9 percentage points, international routes increased by 6.4 percentage points, and regional routes increased by 4.9 percentage points [1] Cargo Operations - Cargo capacity (measured in available cargo ton kilometers) increased by 1.4% year-on-year [1] - Cargo and mail turnover (measured in revenue cargo ton kilometers) rose by 4.4% year-on-year [1] - The cargo load factor was 39.5%, up by 1.1 percentage points year-on-year [1]

Core Viewpoint - China National Airlines (601111.SH) reported an increase in passenger turnover and capacity for the year 2025, indicating positive growth in both domestic and international operations [1] Passenger Operations - The company's passenger turnover (measured in revenue passenger kilometers) increased by 8.7% year-on-year [1] - Passenger capacity (measured in available seat kilometers) rose by 4.3% year-on-year [1] - Domestic passenger capacity increased by 3.2%, with a corresponding turnover increase of 5.5% [1] - International passenger capacity saw a 7.5% increase, with turnover rising by 17.6% [1] - Regional passenger capacity grew by 0.6%, while turnover increased by 7.7% [1] - The average passenger load factor reached 85.3%, up by 3.4 percentage points year-on-year [1] - Domestic routes experienced a load factor increase of 2.0 percentage points, while international routes saw an increase of 7.0 percentage points, and regional routes increased by 5.0 percentage points [1] Cargo Operations - Cargo capacity (measured in available cargo ton kilometers) decreased by 0.9% year-on-year [1] - Cargo turnover (measured in revenue cargo ton kilometers) increased by 3.1% year-on-year [1] - The cargo load factor was reported at 38.9%, an increase of 1.5 percentage points year-on-year [1]

Core Viewpoint - China National Airlines (601111.SH) reported an increase in passenger turnover and cargo turnover for August 2025, indicating a positive trend in operational performance [1] Passenger Operations - The company's consolidated passenger turnover (measured in revenue passenger kilometers) increased by 3.2% year-on-year [1] - Passenger capacity input (measured in available seat kilometers) rose by 2.3% year-on-year [1] - Domestic passenger capacity input decreased by 1.2%, with passenger turnover remaining flat [1] - International passenger capacity input increased by 12.6%, with passenger turnover rising by 12.9% [1] - Regional passenger capacity input fell by 5.7%, with passenger turnover declining by 2.2% [1] - The average passenger load factor was 83.7%, up by 0.8 percentage points year-on-year [1] - Domestic routes saw an increase in load factor by 1.1 percentage points, international routes by 0.2 percentage points, and regional routes by 2.9 percentage points [1] Cargo Operations - Cargo capacity input (measured in available cargo ton kilometers) increased by 1.5% year-on-year [1] - Cargo and mail turnover (measured in revenue cargo ton kilometers) rose by 10.2% year-on-year [1] - The cargo load factor was 42.1%, up by 3.3 percentage points year-on-year [1]

证券代码：601111 股票简称：中国国航 公告编号：2025-008 中国国际航空股份有限公司 2025年1月主要运营数据公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 2025 年 1 月，中国国际航空股份有限公司（以下简称"本公司"）及所属 子公司（以下简称"本集团"）合并旅客周转量（按收入客公里计）同比上升。 客运运力投入（按可用座位公里计）同比上升 10.0%，旅客周转量同比上升 12.1%。 其中，国内客运运力投入同比上升 2.7%，旅客周转量同比上升 4.0%；国际客运 运力投入同比上升 31.8%，旅客周转量同比上升 37.9%；地区客运运力投入同比 上升 9.6%，旅客周转量同比上升 13.2%。平均客座率 79.1%，同比上升 1.5 个百 分点。其中，国内航线同比上升 1.0 个百分点，国际航线同比上升 3.4 个百分点， 地区航线同比上升 2.3 个百分点。 货运方面，货运运力投入（按可用货运吨公里计）同比上升 13.3%，货邮周 转量（按收入货运吨公里计）同比上升 8.1%。货运载运率为 32. ...