ANNOUNCEMENT ON KEY OPERATING DATA

This announcement is made based on the operating data for October 2022 of the Group to be published on the Shanghai Stock Exchange, and pursuant to Rules 13.09 and 13.10B of the Listing Rules and the Inside Information Provisions (as defined in the Listing Rules) under Part XIVA of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong).

The relevant key operating data was calculated based on the internal statistics of the Group, which may differ from the data disclosed in the relevant periodic reports. Investors are hereby reminded of the risks which may result from inappropriate reliance upon or utilization of the relevant information.

This announcement is made based on the operating data for October 2022 of China Southern Airlines Company Limited (the "Company") and its subsidiaries (collectively, the "Group") to be published on the Shanghai Stock Exchange, and pursuant to Rules 13.09 and 13.10B of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the "Listing Rules") and the Inside Information Provisions (as defined in the Listing Rules) under Part XIVA of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong).

In October 2022, passenger capacity (measured by available seat kilometres ("ASK")) of the Group decreased by 48.51% as compared with the same period last year (a year-on-year ("YoY") basis), of which, passenger capacity for domestic routes decreased by 51.49%, and passenger capacity for regional routes and international routes increased by 223.65% and 36.35%, respectively, as compared with the same period last year. Compared with the same period last year, passenger traffic (measured by revenue passenger kilometres ("RPK")) decreased by 50.49%, of which, passenger traffic for domestic routes decreased by 53.51%, and passenger traffic for regional routes and international routes increased by 529.80% and 74.76%, respectively, as compared with the same period last year. The passenger load factor was 66.93%, representing a decrease of 2.68 percentage points as compared with the same period last year, of which, the passenger load factor for domestic routes decreased by 2.93 percentage points, and the passenger load factor for regional routes and international routes increased by 20.09 and 14.11 percentage points, respectively, as compared with the same period last year.

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In terms of cargo operations, in October 2022, cargo capacity (measured by available tonne kilometers ("ATK") - Cargo and Mail) decreased by 19.14% as compared with the same period last year. Cargo and mail traffic (measured by revenue tonne kilometres ("RTK") - Cargo and Mail) decreased by 0.28% as compared with the same period last year. The cargo and mail load factor was 63.51%, representing an increase of 12.02 percentage points as compared with the same period last year.

In October 2022, the Group did not launch any new major route.

In October 2022, the Group introduced one A350 aircraft. As of the end of October 2022, the Group operated a fleet of 887 commercial aircrafts as set out below:

Aircraft Model

Self-owned Finance Lease Operating Lease Subtotal

Airbus 380 Series

3 0 0 3

Airbus 350 Series

0 14 0 14

Airbus 330 Series

6 27 7 40

Airbus 320 Series

116 103 123 342

Boeing 787 Series

4 25 10 39

Boeing 777 Series

8 21 0 29

Boeing 737 Series

138 68 192 398

EMB190 Series

6 0 0 6

ARJ21

1 15 0 16

Total

282 273 332 887

As at the end of October 2022, save for the commercial aircrafts mentioned above, the Group operated a fleet of 28 civil helicopters.

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KEY OPERATING DATA OF OCTOBER 2022

Traffic

October 2022 Cumulative 2022
Amount Month-on-
Month
("MoM")
Change
(%)
YoY
Change
(%)
Amount YoY Change
(%)

RPK (in million)

Domestic

5,969.82 -23.87 -53.51 85,875.66 -34.72

Regional

24.43 1.63 529.80 119.88 -12.66

International

509.23 2.70 74.76 3,704.40 9.28

Total

6,503.48 -22.22 -50.49 89,699.93 -33.59

RTK (in million)

Domestic

610.43 -23.22 -51.26 8,464.88 -33.31

Regional

3.30 10.24 211.32 15.92 -28.31

International

589.64 -0.47 9.13 5,631.24 1.24

Total

1,203.37 -13.45 -32.92 14,112.04 -22.79

RTK - Cargo and Mail (in million)

Domestic

78.74 -16.67 -28.94 906.03 -14.44

Regional

1.12 31.56 56.98 5.31 -47.30

International

544.40 -0.71 5.82 5,303.36 0.79

Total

624.27 -3.01 -0.28 6,214.70 -1.83

Passengers carried (in thousand)

Domestic

4,034.28 -23.45 -53.07 54,788.40 -36.77

Regional

20.32 4.52 426.91 110.32 -16.65

International

82.57 -0.26 93.64 600.00 10.52

Total

4,137.17 -22.99 -52.14 55,498.72 -36.45

Cargo and mail carried (in thousand tonnes)

Domestic

50.50 -13.46 -26.06 546.94 -14.48

Regional

1.01 36.58 38.21 5.05 -50.73

International

59.42 -1.36 13.17 575.79 6.11

Total

110.93 -7.04 -8.73 1,127.78 -5.43

Capacity

October 2022 Cumulative 2022
Amount MoM
Change
(%)
YoY
Change
(%)
Amount YoY Change
(%)

ASK (in million)

Domestic

8,864.01 -22.60 -51.49 129,000.86 -28.22

Regional

59.12 7.44 223.65 274.96 -32.13

International

793.45 6.99 36.35 5,920.23 -12.42

Total

9,716.58 -20.68 -48.51 135,196.05 -27.66

ATK (in million)

Domestic

1,003.66 -21.60 -52.37 14,277.23 -30.49

Regional

8.45 8.07 229.98 37.18 -30.02

International

845.30 -3.88 5.08 8,427.32 3.12

Total

1,857.40 -14.30 -36.26 22,741.73 -20.94

ATK - Cargo and Mail (in million)

Domestic

205.90 -17.45 -55.50 2,667.15 -38.89

Regional

3.13 9.17 241.35 12.44 -25.38

International

773.88 -4.77 2.90 7,894.50 4.37

Total

982.91 -7.70 -19.14 10,574.08 -11.48

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Load Factor

October 2022 Cumulative 2022
Figure
(%)
MoM
Change
(Percentage
Points)
YoY
Change
(Percentage
Points)
Figure
(%)
YoY Change
(Percentage
Points)

Passenger Load Factor (RPK/ASK)

Domestic

67.35 -1.12 -2.93 66.57 -6.62

Regional

41.32 -2.37 20.09 43.60 9.72

International

64.18 -2.68 14.11 62.57 12.43

Total

66.93 -1.33 -2.68 66.35 -5.93

Cargo and Mail Load Factor

Domestic

38.24 0.35 14.29 33.97 9.71

Regional

35.83 6.10 -42.08 42.71 -17.77

International

70.35 2.88 1.94 67.18 -2.38

Total

63.51 3.07 12.02 58.77 5.78

Overall Load Factor (RTK/ATK)

Domestic

60.82 -1.28 1.38 59.29 -2.51

Regional

39.05 0.77 -2.34 42.81 1.02

International

69.76 2.40 2.59 66.82 -1.24

Total

64.79 0.64 3.23 62.05 -1.49

Notes:

1.

"RPK(s)" refers to the number of passengers carried multiplied by the kilometers flown;

2.

"RTK(s)" refers to the load (passenger and cargo and mail) in tonnes multiplied by the kilometers flown;

3.

"RTK(s) - Cargo and Mail" refers to the cargo and mail load in tonnes multiplied by the kilometers flown;

4.

"ASK(s)" refers to the number of seats available for sale multiplied by the kilometers flown;

5.

"ATK(s)" refers to the number of tonnes of capacity available for transportation multiplied by the kilometers flown;

6.

"ATK(s) - Cargo and Mail" refers to the number of tonnes of capacity available for the carriage of cargo and mail multiplied by the kilometers flown;

7.

"Passenger Load Factor" refers to RPK expressed as a percentage of ASK;

8.

"Cargo and Mail Load Factor" refers to RTK- Cargo and Mail expressed as a percentage of ATK-Cargo and Mail;

9.

"Overall Load Factor" refers to RTK expressed as a percentage of ATK.

The key operating data above was calculated based on the internal preliminary statistics of the Group, which may be subsequently adjusted or differ from the data disclosed in the relevant periodic reports. Investors are hereby reminded of the risks which may result from inappropriate reliance upon or utilization of the information given above.

4

Reference is also made to the announcement of the Company dated 28 October 2022 in relation to Mr. Yan Andrew Y ("Mr. Yan")'s resignation as the independent non-executive director of the Company and a member of the audit and risk management committee of the Board with effect from 28 October 2022 (the "Announcement"). The Company hereby further specifies that Mr. Yan's resignation from the above positions was due to his insufficient energy to take care of his work. Save as disclosed above, all other information in the Announcement shall remain unchanged.

By order of the Board
China Southern Airlines Company Limited
Chen Wei Hua and Liu Wei
Joint Company Secretaries

Guangzhou, the People's Republic of China

15 November 2022

As at the date of this announcement, the Directors include Ma Xu Lun and Han Wen Sheng as executive Directors; and Liu Chang Le, Gu Hui Zhong and Guo Wei as independent non-executive Directors.

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China Southern Airlines Company Ltd. published this content on 16 November 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 16 November 2022 11:18:05 UTC.