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China Southern Airlines Co Ltd (600029.SS)

600029.SS on Shanghai Stock Exchange

6.86CNY
16 Oct 2019
Change (% chg)

¥-0.06 (-0.87%)
Prev Close
¥6.92
Open
¥6.92
Day's High
¥6.98
Day's Low
¥6.86
Volume
29,790,236
Avg. Vol
31,853,170
52-wk High
¥9.71
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¥5.52

Latest Key Developments (Source: Significant Developments)

China Southern Airlines Co Announces Acquisition Of 35 ARJ21-700 Aircrafts
Friday, 30 Aug 2019 

Aug 30 (Reuters) - China Southern Airlines Co Ltd <600029.SS>::ANNOUNCES ACQUISITION OF AIRCRAFT.ENTERED AGREEMENT WITH COMAC TO PURCHASE COMAC AIRCRAFT.CATALOGUE PRICE OF EACH ARJ21-700 AIRCRAFT IS PRICED ABOUT US$38 MILLION.COMAC AIRCRAFT WILL BE DELIVERED IN STAGES TO COMPANY DURING PERIOD COMMENCING FROM 2020 TO 2024.3 ARJ21-700 AIRCRAFT WILL BE DELIVERED TO COMPANY IN 2020.6 ARJ21-700 AIRCRAFT WILL BE DELIVERED TO COMPANY IN 2021, 8 ARJ21-700 AIRCRAFT WILL BE DELIVERED TO COMPANY IN 2022.9 ARJ21-700 AIRCRAFT WILL BE DELIVERED TO COMPANY IN 2024.DEAL FOR ACQUSITION OF 35 ARJ21-700 AIRCRAFTS.  Full Article

China Southern Airlines & Southern Airlines Group Finance Co Enter Financial Services Framework Agreement
Wednesday, 28 Aug 2019 

Aug 28 (Reuters) - China Southern Airlines Co Ltd <600029.SS>::CO AND SOUTHERN AIRLINES GROUP FINANCE CO ENTERED FINANCIAL SERVICES FRAMEWORK AGREEMENT FOR A PERIOD OF THREE YEAR.EXPECTS TOTAL FEES PAYABLE BY GROUP TO FINANCE CO WILL NOT EXCEED RMB5.0 MILLION FOR EACH OF THREE YEARS ENDING 31 DECEMBER 2022.  Full Article

China Southern Airlines' July Passenger, Mail And Cargo Carried Up
Thursday, 15 Aug 2019 

Aug 15 (Reuters) - China Southern Airlines Co Ltd <600029.SS>1055.HK ::SAYS JULY PASSENGER CARRIED UP 10.4% Y/Y, MAIL AND CARGO CARRIED UP 0.6% Y/Y.  Full Article

China Southern Airlines Carries More Passengers, Less Mail And Cargo In April Compared With Year Earlier
Tuesday, 14 May 2019 

May 14 (Reuters) - China Southern Airlines Co Ltd<600029.SS>1055.HK::SAYS APRIL PASSENGER CARRIED UP 3.2 PERCENT Y/Y, MAIL AND CARGO CARRIED DOWN 2.5 PERCENT Y/Y.  Full Article

China Southern Airlines Approved Xiamen Airlines To Provide Guarantees To Hebei Airlines With Balance Up To RMB7 BLN
Thursday, 9 May 2019 

May 9 (Reuters) - China Southern Airlines Co Ltd <600029.SS>::PROPOSED TO AUTHORIZE XIAMEN AIRLINES COMPANY LIMITED TO PROVIDE GUARANTEES TO HEBEI AIRLINES CO.BOARD APPROVED XIAMEN AIRLINES TO PROVIDE GUARANTEES TO XIAMEN AIRLINES FINANCE WITH AGGREGATE BALANCE UP TO RMB600 MILLION.BOARD APPROVED XIAMEN AIRLINES TO PROVIDE GUARANTEES TO JIANGXI AIRLINES WITH AN AGGREGATE BALANCE UP TO RMB2.5 BILLION.APPROVED TO AUTHORIZE XIAMEN AIRLINES CO TO PROVIDE GUARANTEES TO HEBEI AIRLINES CO WITH AN AGGREGATE BALANCE UP TO RMB7 BILLION.  Full Article

China Southern Airlines Approves Appointment Ma Xu Lun As Vice Chairman
Wednesday, 8 May 2019 

May 8 (Reuters) - China Southern Airlines Co Ltd <600029.SS>::ZHANG ZI FANG RESIGNS AS EXECUTIVE DIRECTOR.MA XU LUN AND HAN WEN SHENG ARE ELECTED AS EXECUTIVE DIRECTORS OF 8TH SESSION OF BOARD.PAN FU RESIGNS AS SUPERVISOR AND CHAIRMAN OF 8TH SESSION OF SUPERVISORY COMMITTEE OF CO.APPROVED APPOINTMENT MA XU LUN AS VICE CHAIRMAN OF BOARD.  Full Article

China Southern Airlines Co Posts QTRLY Net Profit Attributable RMB 2,649 MLN
Monday, 29 Apr 2019 

April 29 (Reuters) - China Southern Airlines Co Ltd <600029.SS>::QTRLY NET PROFIT ATTRIBUTABLE RMB 2,649 MILLION VERSUS RMB 2,544 MILLION REPORTED LAST YEAR.Q1 OPERATING REVENUE RMB 37,633 MILLION VERSUS RMB 34,101 MILLION.  Full Article

GAMECO Becomes Boeing Supplier for MRO Support
Wednesday, 10 Apr 2019 

April 10 (Reuters) - Boeing Co ::BOEING - CO, GUANGZHOU AIRCRAFT MAINTENANCE ENGINEERING SIGNED MRO SERVICES AGREEMENT TO WORK TO PROVIDE MRO SUPPORT IN THE ASIA-PACIFIC REGION.BOEING - BOEING WILL PROVIDE MRO-RELATED TRAININGS, GAMECO WILL MAINTAIN BOEING’S RIGOROUS STANDARDS.  Full Article

China Southern Airlines Co Says Dec 2018 Passenger Capacity Of Group Increased 10.91%
Monday, 14 Jan 2019 

Jan 14 (Reuters) - China Southern Airlines Co Ltd <600029.SS>::IN DECEMBER 2018, PASSENGER CAPACITY OF GROUP INCREASED BY 10.91% AS COMPARED TO SAME PERIOD LAST YEAR.DECEMBER PASSENGER LOAD FACTOR WAS 81.03%, DOWN 0.81 PERCENTAGE POINT COMPARED TO SAME PERIOD LAST YEAR.DEC CARGO AND MAIL LOAD FACTOR WAS 51.43 PERCENT, DOWN 1.67 PERCENT POINTS AS COMPARED TO SAME PERIOD LAST YEAR.  Full Article

China Southern Airlines Co AND CERTAIN Units Announces Renewal Of Framework Agreements
Thursday, 27 Dec 2018 

Dec 27 (Reuters) - China Southern Airlines Co Ltd <600029.SS>::CO, CERTAIN UNITS OF CHINA SOUTHERN AIR HOLDING RENEWED MEDIA SERVICES FRAMEWORK, CATERING SERVICES FRAMEWORK AGREEMENTS.  Full Article

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China's top airlines brace for smaller profits on slower demand, weak yuan

BEIJING China's top three airlines are bracing for a further margin squeeze as softer travel demand pressures passenger yields and a weakening yuan currency inflates costs, analysts said, as many of them slashed their annual profit forecasts for the carriers.