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 October 2022 of the Group to be published on the Shanghai Stock Exchange, and pursuant to Rules 13.09 and 13.10B of the Listing Rules and the Inside Information Provisions (as defined in the Listing Rules) under Part XIVA of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong).

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 October 2022 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 Rules 13.09 and 13.10B of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the “Listing Rules”) and the Inside Information Provisions (as defined in the Listing Rules) under Part XIVA of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong).

In October 2022, passenger capacity (measured by available seat kilometres (“ASK”)) of the Group decreased by 48.51% as compared with the same period last year (a year-on-year (“YoY”) basis), of which, passenger capacity for domestic routes decreased by 51.49%, and passenger capacity for regional routes and international routes increased by 223.65% and 36.35%, respectively, 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 50.49%, of which, passenger traffic for domestic routes decreased by 53.51%, and passenger traffic for regional routes and international routes increased by 529.80% and 74.76%, respectively, as compared with the same period last year. The passenger load factor was 66.93%, representing a decrease of 2.68 percentage points as compared with the same period last year, of which, the passenger load factor for domestic routes decreased by 2.93 percentage points, and the passenger load factor for regional routes and international routes increased by 20.09 and 14.11 percentage points, respectively, as compared with the same period last year.

 

1


In terms of cargo operations, in October 2022, cargo capacity (measured by available tonne kilometers (“ATK”) - Cargo and Mail) decreased by 19.14% as compared with the same period last year. Cargo and mail traffic (measured by revenue tonne kilometres (“RTK”) - Cargo and Mail) decreased by 0.28% as compared with the same period last year. The cargo and mail load factor was 63.51%, representing an increase of 12.02 percentage points as compared with the same period last year.

In October 2022, the Group did not launch any new major route.

In October 2022, the Group introduced one A350 aircraft. As of the end of October 2022, the Group operated a fleet of 887 commercial aircrafts as set out below:

 

Aircraft Model

   Self-owned      Finance Lease      Operating Lease      Subtotal  

Airbus 380 Series

     3        0        0        3  

Airbus 350 Series

     0        14        0        14  

Airbus 330 Series

     6        27        7        40  

Airbus 320 Series

     116        103        123        342  

Boeing 787 Series

     4        25        10        39  

Boeing 777 Series

     8        21        0        29  

Boeing 737 Series

     138        68        192        398  

EMB190 Series

     6        0        0        6  

ARJ21

     1        15        0        16  

Total

     282        273        332        887  

As at the end of October 2022, save for the commercial aircrafts mentioned above, the Group operated a fleet of 28 civil helicopters.

 

2


KEY OPERATING DATA OF OCTOBER 2022

 

Traffic

   October 2022      Cumulative 2022  
   Amount      Month-on-
Month
(“MoM”)
Change
(%)
     YoY
Change
(%)
     Amount      YoY Change
(%)
 

RPK (in million)

 

Domestic

     5,969.82        -23.87        -53.51        85,875.66        -34.72  

Regional

     24.43        1.63        529.80        119.88        -12.66  

International

     509.23        2.70        74.76        3,704.40        9.28  

Total

     6,503.48        -22.22        -50.49        89,699.93        -33.59  

RTK (in million)

 

Domestic

     610.43        -23.22        -51.26        8,464.88        -33.31  

Regional

     3.30        10.24        211.32        15.92        -28.31  

International

     589.64        -0.47        9.13        5,631.24        1.24  

Total

     1,203.37        -13.45        -32.92        14,112.04        -22.79  

RTK - Cargo and Mail (in million)

 

Domestic

     78.74        -16.67        -28.94        906.03        -14.44  

Regional

     1.12        31.56        56.98        5.31        -47.30  

International

     544.40        -0.71        5.82        5,303.36        0.79  

Total

     624.27        -3.01        -0.28        6,214.70        -1.83  

Passengers carried (in thousand)

 

Domestic

     4,034.28        -23.45        -53.07        54,788.40        -36.77  

Regional

     20.32        4.52        426.91        110.32        -16.65  

International

     82.57        -0.26        93.64        600.00        10.52  

Total

     4,137.17        -22.99        -52.14        55,498.72        -36.45  

Cargo and mail carried (in thousand tonnes)

 

Domestic

     50.50        -13.46        -26.06        546.94        -14.48  

Regional

     1.01        36.58        38.21        5.05        -50.73  

International

     59.42        -1.36        13.17        575.79        6.11  

Total

     110.93        -7.04        -8.73        1,127.78        -5.43  

Capacity

   October 2022      Cumulative 2022  
   Amount      MoM
Change
(%)
     YoY
Change
(%)
     Amount      YoY Change
(%)
 

ASK (in million)

 

Domestic

     8,864.01        -22.60        -51.49        129,000.86        -28.22  

Regional

     59.12        7.44        223.65        274.96        -32.13  

International

     793.45        6.99        36.35        5,920.23        -12.42  

Total

     9,716.58        -20.68        -48.51        135,196.05        -27.66  

ATK (in million)

 

Domestic

     1,003.66        -21.60        -52.37        14,277.23        -30.49  

Regional

     8.45        8.07        229.98        37.18        -30.02  

International

     845.30        -3.88        5.08        8,427.32        3.12  

Total

     1,857.40        -14.30        -36.26        22,741.73        -20.94  

ATK - Cargo and Mail (in million)

 

Domestic

     205.90        -17.45        -55.50        2,667.15        -38.89  

Regional

     3.13        9.17        241.35        12.44        -25.38  

International

     773.88        -4.77        2.90        7,894.50        4.37  

Total

     982.91        -7.70        -19.14        10,574.08        -11.48  

 

3


Load Factor

   October 2022      Cumulative 2022  
   Figure
(%)
     MoM
Change
(Percentage
Points)
     YoY
Change
(Percentage
Points)
     Figure
(%)
     YoY Change
(Percentage
Points)
 

Passenger Load Factor (RPK/ASK)

 

Domestic

     67.35        -1.12        -2.93        66.57        -6.62  

Regional

     41.32        -2.37        20.09        43.60        9.72  

International

     64.18        -2.68        14.11        62.57        12.43  

Total

     66.93        -1.33        -2.68        66.35        -5.93  

Cargo and Mail Load Factor

 

Domestic

     38.24        0.35        14.29        33.97        9.71  

Regional

     35.83        6.10        -42.08        42.71        -17.77  

International

     70.35        2.88        1.94        67.18        -2.38  

Total

     63.51        3.07        12.02        58.77        5.78  

Overall Load Factor (RTK/ATK)

 

Domestic

     60.82        -1.28        1.38        59.29        -2.51  

Regional

     39.05        0.77        -2.34        42.81        1.02  

International

     69.76        2.40        2.59        66.82        -1.24  

Total

     64.79        0.64        3.23        62.05        -1.49  

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 and mail) 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.

 

4


Reference is also made to the announcement of the Company dated 28 October 2022 in relation to Mr. Yan Andrew Y (“Mr. Yan”)’s resignation as the independent non-executive director of the Company and a member of the audit and risk management committee of the Board with effect from 28 October 2022 (the “Announcement”). The Company hereby further specifies that Mr. Yan’s resignation from the above positions was due to his insufficient energy to take care of his work. Save as disclosed above, all other information in the Announcement shall remain unchanged.

 

  By order of the Board
  China Southern Airlines Company Limited
  Chen Wei Hua and Liu Wei
  Joint Company Secretaries

Guangzhou, the People’s Republic of China

15 November 2022

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 and Guo Wei as independent non-executive Directors.

 

5