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IATA: China Southern Chairman: Expect To Carry 12% More Passengers In 2011

SINGAPORE -(Dow Jones)- China Southern Airlines Co. (ZNH) expects to carry 12% more passengers in 2011 and will take delivery of the first of its five Airbus 380s in September, Chairman Si Xian Min said Monday, adding the carrier seeks to add more wide-body aircraft to boost its international network. Si said on the sidelines of the International Air transport Association's annual meeting in Singapore the carrier will receive its first Airbus superjumbo aircraft in September and another one in November, as part of efforts to boost its international network amid intensifying competition on domestic routes following the development of the high-speed rail network in China. He added the carrier will also take delivery of the long-delayed Boeing 787 in the fourth quarter. "The incoming A380 will be used on international routes, as we continue to add more overseas destinations," said Si, adding that the Guangzhou-based carrier, which operates the most domestic routes compared with rivals Air China Ltd. and China Eastern Airlines Corp., plans to add new services to Perth and Vancouver from Guangzhou in July. He added the carrier is considering buying more freighters, such as the Boeing Co. (BA) 777 freighter, to strengthen its cargo business, and expects contribution from its cargo division to rise to over 10% of its cargo revenue this year from the 7% in 2010. -By Joanne Chiu, Dow Jones Newswires; 852-2802-7002; joanne.chiu@dowjones.com

Stock News for China South Air (ZNH)
DateTimeHeadline
03/28/201416:51:17ADR Shares End Higher; Aviva Shares Active
03/10/201410:34:44China's Rules for Transit Passengers Are Spotlighted
11/21/201317:27:46ADR Shares End Mixed Amid China Data
07/04/201303:42:06Hainan Air Takes Delivery of First Boeing 787 Aircraft
06/17/201307:34:14AIR SHOW: China Southern Airlines Opts for Pratt & Whitney Engines
05/23/201307:50:08Boeing Scores China Clearance for Dreamliner
05/23/201303:41:12China Regulator Grants Airworthiness Certificate for Boeing 787s...
05/09/201309:33:33China Southern, Air China Shelve Talks on Joint Airbus A380 Flights
05/09/201304:43:41China Southern Shelves Talks With Air China for Joint A380 Flights
05/07/201309:41:04Air China's Board Approves Plan to Buy 100 Aircraft from Airbus
04/05/201317:20:34ADR Shares End Mixed After Disappointing US Jobs Report
04/03/201313:10:16China Spurs Rebound in Airline Growth
12/06/201204:42:23Hong Kong Airlines May Scrap All of Its A380 Orders
12/05/201205:15:38China Southern Buys 10 Airbus A330-300 Aircraft to Boost Capacity
08/03/201206:33:03China Southern: Unit Xiamen Airlines to Buy 40 Boeing 737 Aircraft
06/04/201217:38:15ADR Report: Shares Inch Up as European Bank Stocks Rebound
04/13/201217:08:29ADR Report: Shares Lower As European Banks Weigh
02/28/201217:06:22ADR Report: Shares Higher On Strong Earnings Reports
02/28/201206:37:24China Southern Agrees To Buy 10 Boeing 777-300 Aircraft
10/18/201100:21:09China Southern: See Further Delays In First Boeing 787 Dreamliner...

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