China Southern Airlines Company Ltd.
Latest China Southern Airlines Company Ltd. News and Updates
Comparison of China Eastern’s fuel costs with competitors
Chinese airlines have an advantage of having lower employee costs compared to their counterparts in the US. Operational efficiency of US airlines are comparatively higher.
The global airline industry contributes to economic development
With 16,000 unique city pairs, connectivity by air is estimated to have doubled in the past two decades. Moreover, although demand continues to rise, the price of travel has fallen.
China Eastern’s operating margin declines due to rising costs
Rising costs impacted China Eastern’s (CEA) operating margins, which declined from 5% in FY09 to 1.8% in FY13.
Rising operating expenses as a percentage of revenue
More than half of China Southern’s total operating expenses in FY13 were related to flight operating expenses.