China Southern Airlines Co (STU:ZNH) Total Aircraft in Service # : 0.00 (As of . 20)

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What is China Southern Airlines Co Total Aircraft in Service #?

Total Aircraft in Service # is an indicator which measures the capacity of airlines.

The historical rank and industry rank for China Southern Airlines Co's Total Aircraft in Service # or its related term are showing as below:

China Southern Airlines Co Total Aircraft in Service # Historical Data

The historical data trend for China Southern Airlines Co's Total Aircraft in Service # can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
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China Southern Airlines Co Total Aircraft in Service # Chart

China Southern Airlines Co (STU:ZNH) Total Aircraft in Service # Explanation

Total Aircraft in Service # might be directly purchased or leased by the airline. Instead of spending large amounts of money on buying aircrafts, some airlines opt to lease aircrafts from an aircraft lessor. For example, lessors purchase planes from manufacturers like Airbus and Boeing and lease them to airlines for a monthly rental over a fixed period.

There are two main reasons for airlines to lease instead of buy: to operate aircraft without the financial burden of buying them, and to provide a temporary increase in capacity. The airline industry has two main leasing types: wet-leasing, also known as short-term lease, and dry-leasing, which is more normal for longer-term leases.

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China Southern Airlines Co (STU:ZNH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » China Southern Airlines Co Ltd (STU:ZNH) » Definitions » Total Aircraft in Service #

Comparable Companies

Traded in Other Exchanges

CHKIF:USA 01055:Hong Kong ZNHH:Germany 600029:China

Address

68 Qixin Road, China Southern Air Building, Baiyun District, Guangdong Province, Guangzhou, CHN, 510403

Website

https://www.csair.com

China Southern Airlines is based in Guangzhou and is one of the three largest state-owned airlines in China. The group operated a fleet of 894 aircraft as of 2022 and carried more than 150 million passengers in prepandemic 2019, ranking first in Asia. It runs a spoke-and-hub model under which it gathers and distributes passengers from air hubs like Guangzhou and Beijing. The group's route network extends to over 243 destinations and 44 countries and regions.

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