0001193125-21-274605.txt : 20210916 0001193125-21-274605.hdr.sgml : 20210916 20210916061533 ACCESSION NUMBER: 0001193125-21-274605 CONFORMED SUBMISSION TYPE: 6-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20210916 FILED AS OF DATE: 20210916 DATE AS OF CHANGE: 20210916 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CHINA SOUTHERN AIRLINES CO LTD CENTRAL INDEX KEY: 0001041668 STANDARD INDUSTRIAL CLASSIFICATION: AIR TRANSPORTATION, SCHEDULED [4512] IRS NUMBER: 000000000 STATE OF INCORPORATION: F4 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 6-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-14660 FILM NUMBER: 211256919 BUSINESS ADDRESS: STREET 1: BALYUN INTERNATIONAL AIRPORT STREET 2: GUANGZHOU 510406 CITY: PEOPLES REPUBLIC OF CHINA STATE: F5 ZIP: 00000 BUSINESS PHONE: 862086930870 6-K 1 d188716d6k.htm FORM 6-K Form 6-K

 

 

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON D.C. 20549

 

 

FORM 6-K

 

 

Report of Foreign Private Issuer

Pursuant to Rule 13a-16 or 15d-16 of

the Securities Exchange Act of 1934

September 16, 2021

 

 

CHINA SOUTHERN AIRLINES COMPANY LIMITED

 

 

68 Qi Xin Road

Guangzhou, 510403

People’s Republic of China

(Address of principal executive offices)

 

 

Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.

Form 20-F  ☒ Form 40-F  ☐

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):                 

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):                 

Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.

Yes  ☐ No  ☒

If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b):   N/A  

 

 

 


China Southern Airlines Company Limited (the “Company”) published the following announcement on September 15, 2021 on the Hong Kong Stock Exchange’s website at:

https://www1.hkexnews.hk/listedco/listconews/sehk/2021/0915/2021091500660.pdf, in relation to the key operating data of the Company and its subsidiaries for August 2021.

The announcement in English is included as an exhibit to this Form 6-K.


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

CHINA SOUTHERN AIRLINES COMPANY LIMITED
By:   /s/ Xie Bing
Name:   Xie Bing
Title:   Company Secretary
Date:   September 16, 2021
EX-99.1 2 d188716dex991.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 based on the operating data for August 2021 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 relevant 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 based on the operating data for August 2021 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 August 2021, passenger capacity (measured by available seat kilometres (“ASK”)) of the Group decreased by 40.82% as compared with the same period last year (a year-on-year (“YoY”) basis), of which, passenger capacity for domestic and international routes decreased by 41.60% and 24.00%, respectively, while that for regional routes increased by 169.84%, as compared with the same period last year. Compared with the same period last year, passenger traffic (measured by revenue passenger kilometres (“RPK”)) decreased by 51.23%, of which, passenger traffic for domestic and international routes decreased by 52.21% and 21.39%, respectively, while that for regional routes increased by 65.07%, as compared with the same period last year. The passenger load factor was 60.33%, representing a decrease of 12.87 percentage points as compared with the same period last year, of which, the passenger load factor for domestic and regional routes decreased by 13.41 and 19.71 percentage points, respectively, while that for international routes increased by 1.99 percentage points, as compared with the same period last year.

In terms of cargo operations, in August 2021, cargo capacity (measured by available tonne kilometers (“ATK”) - Cargo and Mail) decreased by 30.83% as compared with the same period last year. Cargo and mail traffic (measured by revenue tonne kilometres (“RTK”) - Cargo and Mail) decreased by 13.02% as compared with the same period last year. The cargo and mail load factor was 61.17%, representing an increase of 12.53 percentage points as compared with the same period last year.

 

1


In August 2021, the Group has newly launched the following major routes: Harbin – Wuhan – Harbin, Tianjin – Changchun – Tianjin, Shenzhen – Haikou – Shenzhen, Hangzhou – Urumqi – Hangzhou (each being seven flights a week).

In August 2021, the Group introduced three aircraft (including one A321NEO aircraft, one A320NEO aircraft and one ARJ21 aircraft). As of the end of August 2021, the Group operated a fleet of 872 aircrafts as set out below:

 

Aircraft Model

   Self-owned      Finance Lease      Operating Lease      Subtotal  

Airbus 380 Series

     4        1        0        5  

Airbus 350 Series

     0        10        0        10  

Airbus 330 Series

     4        29        7        40  

Airbus 320 Series

     101        110        123        334  

Boeing 787 Series

     4        25        10        39  

Boeing 777 Series

     8        21        0        29  

Boeing 737 Series

     160        73        166        399  

Boeing 747 Series

     2        0        0        2  

EMB190 Series

     6        0        0        6  

ARJ21

     1        7        0        8  
  

 

 

    

 

 

    

 

 

    

 

 

 

Total

     290        276        306        872  
  

 

 

    

 

 

    

 

 

    

 

 

 

KEY OPERATING DATA OF AUGUST 2021

 

     August 2021      Cumulative 2021  

Traffic

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

(%)
 

RPK (in million)

 

Domestic

     7,026.48        -59.07        -52.21        106,335.14        42.04  

Regional

     7.59        -58.45        65.07        125.99        -35.79  

International

     364.85        -3.06        -21.39        2,720.59        -75.87  
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Total

     7,398.92        -57.87        -51.23        109,181.72        26.46  
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

RTK (in million)

 

Domestic

     697.36        -56.24        -49.89        10,220.88        38.53  

Regional

     1.64        -38.90        232.01        19.81        -11.88  

International

     478.31        -13.19        -12.18        4,557.72        -3.66  
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Total

     1,177.30        -45.17        -39.21        14,798.41        21.98  
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

 

2


     August 2021      Cumulative 2021  

Traffic

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

(%)
 

RTK - Cargo and Mail (in million)

 

Domestic

     87.59        -18.39        -20.97        834.58        3.47  

Regional

     0.98        -10.65        974.01        8.68        61.19  

International

     445.99        -13.87        -11.44        4,316.33        15.06  
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Total

     534.55        -14.64        -13.02        5,159.60        13.06  
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Passengers carried (in thousand)

 

Domestic

     4,535.89        -59.22        -55.75        69,952.01        38.56  

Regional

     7.72        -56.10        79.21        121.18        -29.69  

International

     55.42        -0.77        -24.68        446.06        -81.69  
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Total

     4,599.02        -58.92        -55.48        70,519.25        32.82  
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Cargo and mail carried (in thousand tonnes)

 

Domestic

     52.00        -19.88        -24.94        503.31        2.07  

Regional

     1.00        -9.82        1,130.63        8.81        71.16  

International

     45.89        -16.19        -12.77        446.87        9.46  
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Total

     98.89        -18.11        -18.92        959.00        5.79  
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Capacity

   August 2021      Cumulative 2021  
   Amount      MoM
Change
(%)
     YoY
Change
(%)
     Amount      YoY
Change

(%)
 

ASK (in million)

 

Domestic

     11,630.40        -47.62        -41.60        143,605.79        33.56  

Regional

     24.44        -52.36        169.84        369.44        -8.88  

International

     609.89        -11.94        -24.00        5,546.29        -67.10  
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Total

     12,264.73        -46.56        -40.82        149,521.52        19.83  
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

ATK (in million)

 

Domestic

     1,280.59        -49.57        -44.06        16,409.45        35.40  

Regional

     3.54        -45.62        245.46        48.09        -6.75  

International

     693.52        -13.43        -17.28        6,728.10        -16.21  
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Total

     1,977.65        -40.91        -36.79        23,185.65        14.78  
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

ATK - Cargo and Mail (in million)

 

Domestic

     233.85        -56.77        -52.94        3,484.93        42.69  

Regional

     1.34        -29.11        541.07        14.84        -1.61  

International

     638.63        -13.56        -16.65        6,228.94        -4.36  
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Total

     873.83        -31.82        -30.83        9,728.71        8.46  
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

 

3


     August 2021      Cumulative 2021  

Load Factor

   Figure
(%)
     MoM Change
(Percentage
Points)
     YoY
Change
(Percentage
Points)
     Figure
(%)
     YoY
Change

(Percentage
Points)
 

Passenger Load Factor (RPK/ASK)

 

Domestic

     60.41        -16.91        -13.41        74.05        4.42  

Regional

     31.06        -4.55        -19.71        34.10        -14.29  

International

     59.82        5.48        1.99        49.05        -17.82  
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Total

     60.33        -16.20        -12.87        73.02        3.83  
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Cargo and Mail Load Factor

 

Domestic

     37.45        17.61        15.15        23.95        -9.08  

Regional

     72.96        15.08        29.41        58.49        22.79  

International

     69.84        -0.25        4.11        69.29        11.69  
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Total

     61.17        12.31        12.53        53.03        2.16  
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Overall Load Factor (RTK/ATK)

 

Domestic

     54.46        -8.30        -6.33        62.29        1.40  

Regional

     46.26        5.08        -1.87        41.19        -2.40  

International

     68.97        0.20        4.01        67.74        8.83  
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Total

     59.53        -4.63        -2.37        63.83        3.77  
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

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 relevant periodic reports. Investors are hereby reminded of the risks which may result from inappropriate reliance upon or utilization of the information given above.

 

  

By order of the Board

China Southern Airlines Company Limited

Xie Bing

Company Secretary

 

4


Guangzhou, the People’s Republic of China

15 September 2021

As at the date of this announcement, the Directors include Ma Xu Lun and Han Wen Sheng as executive Directors; and Liu Chang Le, Gu Hui Zhong, Guo Wei and Yan Andrew Y as independent non-executive Directors.

 

5

GRAPHIC 3 g188716g0915161957506.jpg GRAPHIC begin 644 g188716g0915161957506.jpg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end