China Southern Airlines reports increased passenger and cargo traffic in May

China Southern Airlines (SSE:600029) announced a 4.99% year-over-year increase in passenger capacity for May 2025, measured by available seat kilometers (ASK). Passenger turnover rose by 8.43% year-over-year, measured by revenue passenger kilometers (RPK). The passenger load factor reached 85.91%, a 2.73 percentage point increase. Cargo capacity increased by 8.26% year-over-year, measured by available tonne-kilometers, while cargo turnover grew by 9.24%. The cargo load factor was 54.20%, up 0.49 percentage points. During May, the airline added four new aircraft to its fleet, including two A321NEO aircraft, one C919, and one C909, while retiring one A321 aircraft, bringing the total fleet size to 940.