China Southern to boost international routes in 2017
China Southern Airlines’ parent China Southern Group transported 115m passengers in 2016, up 4.8% over 2015. The Group reported a 3.2% increase in operating revenue to CNY115.8b (US$16.7b) and a “record high profit,” although the company did not disclose figures. Industry analysts credited low fuel prices and continuous market demand growth as main reasons for the improvement, despite airfare declines on international routes resulting from fierce competition and fast capacity growth. This year, China Southern is expected to embrace a more international focus, boosting capacity 32%. According to China Southern Group GM Tan Wangeng, the carrier will open Guangzhou-Vancouver-Mexico and Guangzhou-Keynes services as well as increase frequencies to Southeast Asia. <br/>
https://portal.staralliance.com/cms/news/hot-topics/2017-01-13/sky/china-southern-to-boost-international-routes-in-2017
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China Southern to boost international routes in 2017
China Southern Airlines’ parent China Southern Group transported 115m passengers in 2016, up 4.8% over 2015. The Group reported a 3.2% increase in operating revenue to CNY115.8b (US$16.7b) and a “record high profit,” although the company did not disclose figures. Industry analysts credited low fuel prices and continuous market demand growth as main reasons for the improvement, despite airfare declines on international routes resulting from fierce competition and fast capacity growth. This year, China Southern is expected to embrace a more international focus, boosting capacity 32%. According to China Southern Group GM Tan Wangeng, the carrier will open Guangzhou-Vancouver-Mexico and Guangzhou-Keynes services as well as increase frequencies to Southeast Asia. <br/>
