EX-99.1 2 d25241dex991.htm EX-99.1 EX-99.1

Exhibit 99.1

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

 

LOGO

(a joint stock limited company incorporated in the People’s Republic of China with limited liability)

(Stock Code: 1055)

ANNOUNCEMENT ON KEY OPERATING DATA

 

This announcement is made regarding the operating data for December 2020 of the Group to be published on the Shanghai Stock Exchange and pursuant to Part XIVA of the Securities and Futures Ordinance.

The relevant key operating data was calculated based on the internal statistics of the Group, which may differ from the data disclosed in the relative periodic reports. Investors are hereby reminded of the risks which may result from inappropriate reliance upon or utilization of the relevant information.

This announcement is made regarding the operating data for December 2020 of China Southern Airlines Company Limited (the “Company”) and its subsidiaries (collectively, the “Group”) to be published on the Shanghai Stock Exchange and pursuant to Part XIVA of the Securities and Futures Ordinance.

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 kilometers (“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)

 

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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.

In December 2020, the Group has newly launched the following major routes: Shenzhen-Changchun-Changbai Mountain-Changchun-Shenzhen, Huhhot-Chifeng-Huhhot, Quanzhou-Maotai-Quanzhou (each seven flights a week).

In December 2020, the Group introduced twelve aircraft, including eleven A321NEO aircraft and one ARJ21 aircraft; terminated the lease of four aircraft, including one A320 aircraft and three EMB190 aircraft. As of the end of December 2020, the Group operated a fleet of 867 aircraft as set out below:

 

Aircraft Model

    Self-owned      Finance Lease      Operating Lease      Subtotal  

Airbus 380 Series

      4        1        0        5  

Airbus 350 Series

      0        8        0        8  

Airbus 330 Series

      4        29        12        45  

Airbus 320 Series

      98        103        124        325  

Boeing 787 Series

      4        25        8        37  

Boeing 777 Series

      8        21        0        29  

Boeing 737 Series

      157        81        163        401  

Boeing 747 Series

      2        0        0        2  

EMB190 Series

      6        0        3        9  

ARJ21 Series

      1        5        0        6  
  

 

 

     

 

 

     

 

 

     

 

 

  

Total

      284        273        310        867  
  

 

 

     

 

 

     

 

 

     

 

 

  

KEY OPERATING DATA OF DECEMBER 2020

 

Traffic

    December 2020      Cumulative 2020  
   Amount      Month-on-
Month
(“MoM”)
Change
(%)		      YoY
Change
(%)		      Amount      YoY
Change
(%)		  

RPK (in million)

              

Domestic

      15,152.39        -4.27        -4.02        140,136.81        -28.22  

Regional

      12.68        11.81        -93.34        239.14        -92.66  

International

      408.98        4.34        -94.66        13,065.60        -84.88  
  

 

 

     

 

 

     

 

 

     

 

 

     

 

 

  

Total

      15,574.06        -4.05        -34.10        153,441.54        -46.15  
  

 

 

     

 

 

     

 

 

     

 

 

     

 

 

  

RTK (in million)

               

Domestic

      1,474.86        -4.21        -5.51        13,721.07        -27.39  

Regional

      2.29        10.17        -88.06        30.19        -90.35  

International

      564.39        -7.84        -52.71        7,052.36        -47.43  
  

 

 

     

 

 

     

 

 

     

 

 

     

 

 

  

Total

      2,041.54        -5.23        -26.39        20,803.63        -36.23  
  

 

 

     

 

 

     

 

 

     

 

 

     

 

 

  

RTK - Cargo and Mail (in million)

               

Domestic

      123.26        -1.95        -21.86        1,330.06        -22.48  

Regional

      1.16        9.42        -47.08        9.29        -64.54  

International

      528.03        -8.59        1.65        5,914.08        1.26  
  

 

 

     

 

 

     

 

 

     

 

 

     

 

 

  

Total

      652.45        -7.38        -3.97        7,253.43        -4.34  
  

 

 

     

 

 

     

 

 

     

 

 

     

 

 

  

Passengers carried (in thousand)

               

Domestic

      9,939.53        -6.15        -3.92        93,910.65        -27.04  

Regional

      12.05        13.34        -92.41        213.22        -91.40  

International

      70.88        -1.19        -96.02        2,731.46        -86.64  
  

 

 

     

 

 

     

 

 

     

 

 

     

 

 

  

Total

      10,022.46        -6.10        -18.42        96,855.33        -36.12  
  

 

 

     

 

 

     

 

 

     

 

 

     

 

 

  

Cargo and mail carried (in thousand tonnes)

               

Domestic

      76.78        -1.19        -20.10        817.51        -22.30  

Regional

      1.19        9.74        -39.30        9.12        -60.81  

International

      55.14        -7.65        -12.46        634.04        -7.87  
  

 

 

     

 

 

     

 

 

     

 

 

     

 

 

  

Total

      133.11        -3.89        -17.35        1,460.67        -17.18  
  

 

 

     

 

 

     

 

 

     

 

 

     

 

 

  

 

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Capacity

    December 2020      Cumulative 2020  
   Amount      MoM
Change
(%)		      YoY
Change
(%)		      Amount      YoY
Change
(%)		  

ASK (in million)

               

Domestic

      21,197.94        0.05        9.54        193,946.69        -17.55  

Regional

      44.80        9.36        -84.25        550.91        -87.39  

International

      851.10        8.92        -90.94        20,235.88        -80.63  
  

 

 

     

 

 

     

 

 

     

 

 

     

 

 

  

Total

      22,093.84        0.38        -23.89        214,733.49        -37.59  
  

 

 

     

 

 

     

 

 

     

 

 

     

 

 

  

ATK (in million)

               

Domestic

      2,460.30        -1.14        10.27        22,183.23        -17.24  

Regional

      5.85        9.16        -82.17        70.71        -86.04  

International

      910.11        -5.78        -47.78        11,638.78        -39.14  
  

 

 

     

 

 

     

 

 

     

 

 

     

 

 

  

Total

      3,376.26        -2.42        -15.74        33,892.73        -27.01  
  

 

 

     

 

 

     

 

 

     

 

 

     

 

 

  

ATK - Cargo and Mail (in million)

               

Domestic

      552.48        -5.03        12.87        4,728.03        -16.09  

Regional

      1.82        8.70        -74.84        21.13        -81.40  

International

      833.51        -6.94        -7.14        9,817.55        1.00  
  

 

 

     

 

 

     

 

 

     

 

 

     

 

 

  

Total

      1,387.81        -6.17        -0.46        14,566.71        -5.83  
  

 

 

     

 

 

     

 

 

     

 

 

     

 

 

  

 

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Load Factor

    December 2020      Cumulative 2020  
   Figure
(%)		      MoM
Change
(Percentage
Points)		      YoY
Change
(Percentage
Points)		      Figure
(%)		      YoY
Change
(Percentage
Points)		  

Passenger Load Factor (RPK/ASK)

               

Domestic

      71.48        -3.22        -10.10        72.26        -10.75  

Regional

      28.30        0.62        -38.63        43.41        -31.20  

International

      48.05        -2.11        -33.45        64.57        -18.15  
  

 

 

     

 

 

     

 

 

     

 

 

     

 

 

  

Total

      70.49        -3.25        -10.92        71.46        -11.35  
  

 

 

     

 

 

     

 

 

     

 

 

     

 

 

  

Cargo and Mail Load Factor

               

Domestic

      22.31        0.70        -9.92        28.13        -2.32  

Regional

      63.97        0.42        33.56        43.94        20.90  

International

      63.35        -1.15        5.48        60.24        0.15  
  

 

 

     

 

 

     

 

 

     

 

 

     

 

 

  

Total

      47.01        -0.62        -1.71        49.79        0.77  
  

 

 

     

 

 

     

 

 

     

 

 

     

 

 

  

Overall Load Factor (RTK/ATK)

               

Domestic

      59.95        -1.92        -10.01        61.85        -8.65  

Regional

      39.08        0.36        -19.25        42.70        -19.03  

International

      62.01        -1.39        -6.47        60.59        -9.55  
  

 

 

     

 

 

     

 

 

     

 

 

     

 

 

  

Total

      60.47        -1.79        -8.75        61.38        -8.88  
  

 

 

     

 

 

     

 

 

     

 

 

     

 

 

  

Notes:

 

  1.

“RPK(s)” refers to the number of passengers carried multiplied by the kilometers flown;

 

  2.

“RTK(s)” refers to the load (passenger and cargo) in tonnes multiplied by the kilometers flown;

 

  3.

“RTK(s) - Cargo and Mail” refers to the cargo and mail load in tonnes multiplied by the kilometers flown;

 

  4.

“ASK(s)” refers to the number of seats available for sale multiplied by the kilometers flown;

 

  5.

“ATK(s)” refers to the number of tonnes of capacity available for transportation multiplied by the kilometers flown;

 

  6.

“ATK(s) - Cargo and Mail” refers to the number of tonnes of capacity available for the carriage of cargo and mail multiplied by the kilometers flown;

 

  7.

“Passenger Load Factor” refers to RPK expressed as a percentage of ASK;

 

  8.

“Cargo and Mail Load Factor” refers to RTK- Cargo and Mail expressed as a percentage of ATK - Cargo and Mail;

 

  9.

“Overall Load Factor” refers to RTK expressed as a percentage of ATK.

The key operating data above was calculated based on the internal preliminary statistics of the Group, which may be subsequently adjusted or differ from the data disclosed in the relative periodic reports. Investors are hereby reminded of the risks which may result from inappropriate reliance upon or utilization of the information given above.

 

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By order of the Board

China Southern Airlines Company Limited

Xie Bing

Company Secretary

Guangzhou, the People’s Republic of China

15 January 2021

As at the date of this announcement, the Directors include Ma Xu Lun and Han Wen Sheng as executive Directors; and Zheng Fan, Gu Hui Zhong, Tan Jin Song and Jiao Shu Ge as independent non-executive Directors.

 

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