China South Air (01055) Dec passenger capacity down 24%

   China Southern Airlines Company Limited (01055) said in December 2020, passenger capacity (measured by available seat kilometres (ASK)) of the group decreased by 23.89% as compared to the same period last year (a year-on-year (YoY) basis). Of which, passenger capacity for domestic routes increased by 9.54%, and for regional and international routes decreased by 84.25% and 90.94%, respectively as compared to the same period last year. Compared to the same period last year, passenger traffic (measured by revenue passenger kilometres (RPK)) decreased by 34.10%. Of which, passenger traffic for domestic, regional and international routes decreased by 4.02%, 93.34% and 94.66%, respectively as compared to the same period last year.
  The passenger load factor was 70.49%, representing a decrease of 10.92 percentage points as compared to the same period last year. Of which, the passenger load factor for domestic, regional and international routes decreased by 10.10 percentage points, 38.63 percentage points and 33.45 percentage points, respectively, as compared to the same period last year.
  In terms of cargo operations, in December 2020, cargo capacity (measured by available tonne kilometres (ATK) - Cargo and Mail) decreased by 0.46% as compared to the same period last year. Cargo and mail traffic (measured by revenue tonne kilometres (RTK) - Cargo and Mail) decreased by 3.97% as compared to the same period last year. The cargo and mail load factor was 47.01%, representing a decrease of 1.71 percentage points as compared to the same period last year.