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4-Traders Homepage  >  Equities  >  SHANGHAI STOCK EXCHANGE  >  China Southern Airlines Co Ltd    600029   CNE000001FG0

End-of-day quote. End-of-day quote  - 08/26
7.7 CNY   +0.39%
08/22 China Southern Airlines to launch more international routes
08/19 CHINA SOUTHERN : Nairobi success whets airline's appetite
08/17 CHINA SOUTHERN : Change of date of board meeting
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China Southern Airlines to launch more international routes

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08/22/2016 | 12:04pm CEST

A plane of China Southern Airlines is pictured at the Zhijiang Airport in Huaihua city, Central China's Hunan province, July 17, 2013. [Photo/IC]

BEIJING - China Southern Airlines, the country's largest carrier by passenger traffic, said it will launch more routes linking south China with Asia and north America by the end of this year.

A new flight between Shenzhen in South China's Guangdong province and Jakarta, the capital city of Indonesia will begin on September 21.

On December 7, flights between Guangzhou, the capital city of Guangdong and Toronto in Canada will also be launched. On December 12, flights between Guangzhou and the southern Australian city of Adelaide will also start operation. It will be the first direct flight between Chinese mainland and Adelaide.

Since August, the company had increased its flights between Guangzhou and major cities in north America to meet rising travel demand during the high-summer vacation season.

(c) 2016 China Daily Information Company. All Rights Reserved. Provided by SyndiGate Media Inc. (Syndigate.info)., source Middle East & North African Newspapers

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Financials ( CNY)
Sales 2016 118 240 M
EBIT 2016 12 093 M
Net income 2016 5 651 M
Debt 2016 89 198 M
Yield 2016 1,43%
P/E ratio 2016 13,46
P/E ratio 2017 10,74
EV / Sales 2016 1,31x
EV / Sales 2017 1,17x
Capitalization 66 237 M
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Mean consensus HOLD
Number of Analysts 18
Average target price 7,09  CNY
Spread / Average Target -7,9%
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Managers
NameTitle
Wan Geng Tan Vice Chairman, President & CEO
Fu Pan Chairman-Supervisory Board
Zi Fang Zhang Chief Operating Officer & Executive Director
Li Xin Xiao Chief Financial & Accounting Officer
Chen Jie Hu Chief Information Officer
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