China Southern Airlines reports strong Q3 2025, announces leadership changes
China Southern Airlines reported a strong Q3 2025, with revenue reaching RMB 51,374 million, up 3.01% year-on-year, and net profit attributable to shareholders increasing by 20.26% to RMB 3,840 million. The company's total assets stood at RMB 340,579 million. This positive performance is attributed to improved production and operations.
Concurrently, the company announced leadership changes effective October 27, 2025. Chen Lu was appointed vice general manager, stepping down as chief pilot, while Zhang Yong was named vice general manager, and Yu Mingliang became chief pilot. Gao Fei resigned as vice general manager due to work reassignments.
Furthermore, China Southern Airlines renewed key financial agreements, including a "Financial Services Framework Agreement" with China Southern Airlines Group Finance Co., Ltd. for 2026-2028, setting daily deposit limits up to RMB 350 billion and daily loan limits up to RMB 350 billion by 2028. It also extended the "Financing and Leasing Services Framework Agreement" with China Southern International Financial Leasing Co., Ltd. for 2026-2028. Additionally, the company authorized Xiamen Airlines Co., Ltd. to provide up to RMB 29.59 billion in guarantees to its subsidiaries.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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