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Southern Airlines rise 1% passenger volume increases only under pressure oil prices

Source: Internet
Author: User
Keywords Hong Kong dollar passenger traffic
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Southern Airlines H shares edged up 0.95% to HK $2.13 this morning, with only 10,000 shares before a deal. Southern Airlines shares (600029-CN) are now down 1.28% to 5.38 yuan. The company's latest operating data showed that it had a capacity of about 5.15 million passengers in May, up 10.6% from a year earlier, and better than the 5% growth in April. But freight and postal traffic volume of 66,630 tons, still fell by 8.6% per year, the chain absolute value also recorded a small decline. And because Southern Airlines did not hedge oil prices, it was estimated that the rise in oil prices would weigh on Southern airlines ' profitability.

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