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China So D&G handbag uthern sees passenger volume up 16.2% in Jan
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China Southern sees passenger volume up 16.2% in JanPublished: 12 Feb 2009 22:33:35 PSTFeb. 12, 2009 (China Knowledge) – China Southern Airlines Ltd<600029><1055><ZNH>, the country’s largest airline by fleet size, said in a statement that its passenger volume increased 16.2% year on year to 5.194 million in January, sources reported.The company also said that its cargo volume dropped 32.8% year on year to 57,490 tons last month.China Southern said the company’s passenger load factor hit 74.5%, up 0.8% point from the previous year. The carrier’s overall load factor, however, went down 5.1% point year-on-year to stand at 61.1% in January.Separately, statistics recently released by the Civil Aviation Administration of China (CAAC) showed that the passenger volume of China’s leading air carriers rose 3.3% year-on-year to 192 million in 2008, representing the first single-digit growth in five years. While the cargo volume hit 4 million tons, up 0.3% year on year as compared to a growth rate of 13% in 2007. Major domestic carriers including Air China<601111><753>, China Eastern Airlines and China Southern Airlines<600029><1055><ZNH> all posted net profit losses for 2008 mainly due to the fuel hedging contracts and shrinking demands for air travel.Copyright © 2008 http://www.chinaknowledge.comSend feedback or comments to: news@chinaknowledge.comFor more news, financial weekly reports, business guides to China and other premium information, subscribe to China Knowledge today: To access our page on Bloomberg, type CKFI Related TopicsChina News呼和浩特旅游 系统下载 搅拌器 深圳旅行社 CFD seoサービス