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China Southern Airlines targets 20% increase in revenue in 2010, 70 million pax

5-May-2010 11:27 AM

China Southern Airlines’ Executive Vice President, Chen Gang, stated the carrier expects revenue to increase 20% year-on-year to CNY50 billion and passenger numbers to reach 70 million this year, driven by the recovery of China’s economy (Reuters, 04-May-2010). Meanwhile, the carrier stated passenger throughput from Guangzhou reached 69,000, an increase of 7.8% year-on-year, during the May Labour Holiday travel period from 01-May-2010 to 03-May-2010 (, 04-Ma-2010).