Company Overview of China Southern Airlines Co. Ltd.
China Southern Airlines Company Limited provides air transportation services in the People’s Republic of China and internationally. The company operates through Airline Transportation Operations and Other segments. It offers passenger, cargo, mail delivery, and other transportation services. The company also provides ground, cargo handling, air catering, logistic, and other services, as well as property management services; and is involved in hotel and tour operations. As of December 31, 2014, it had a fleet of 612 passenger and cargo aircraft. China Southern Airlines Company Limited was founded in 1995 and is headquartered in Guangzhou, the People’s Republic of China.
278 Ji Chang Road
Founded in 1995
Key Executives for China Southern Airlines Co. Ltd.
Vice Chairman, President and Chairman of Strategic Decision-Making Committee
Chief Operating Officer, Executive Vice President and Executive Director
Total Annual Compensation: $636.0K
Compensation as of Fiscal Year 2014.
China Southern Airlines Co. Ltd. Key Developments
China Southern Airlines Co. Ltd. Reports Unaudited Consolidated Earnings Results for the First Half Ended June 30, 2015
Sep 14 15
China Southern Airlines Co. Ltd. reported unaudited consolidated earnings results for the first half ended June 30, 2015. Net cash flow generated from operating activities was RMB 9,885 million against RMB 2,729 million last year. Diluted earnings per share were RMB 0.35 against diluted loss per share of RMB 0.11 last year. Net cash generated from operating activities increased by 262.22% from the same period last year mainly due to the increase of operating revenue and the decrease of operating expense. Operating profit was RMB 5,985 million against RMB 775 million last year. Profit before income tax was RMB 5,305 million against loss before income tax of RMB 1,129 million last year. Additions of property, plant and equipment, lease prepayments and other assets was RMB 4,339 million against RMB 6,207 million last year.
China Southern Airlines Co. Ltd. Appoints Li Tong Bin as the Executive Vice President and Chief Engineer
Sep 14 15
The Board of China Southern Airlines Company Limited passed the following resolution by means of written resolution on 14 September 2015: appointing Mr. Li Tong Bin as the Executive Vice President and Chief Engineer of the company. Mr. Li has been the Chief Engineer of the Company, the General Manager and Deputy Party Secretary of Engineering Department of the Company since April 2014.
China Southern Airlines Co. Ltd. Reports Earnings Results for the First Half of 2015
Aug 31 15
China Southern Airlines Co. Ltd. reported earnings results for the first half of 2015. The bank had net profit of CNY 3.48 billion in the first half of 2015, with basic EPS of CNY 0.35 and compared with a loss a year ago. Operating revenue rose 6.2% to CNY 53.33 billion. Passenger transport revenue hit CNY 4.81 million, up 6.885 and accounting for 91.86% of the total. Passenger turnover rose 17.18% to 91.33 billion person-kilometers. Yield per RPK fell 8.62% to CNY 0.53. Weighted average return on net assets was 9.34%.
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