China Southern Air traded at 6.10 this Tuesday February 3rd, increasing 0.31 or 5.35 percent since the previous trading session. Looking back, over the last four weeks, China Southern Air gained 3.04 percent. Over the last 12 months, its price rose by 68.04 percent. Looking ahead, we forecast China Southern Air to be priced at 5.69 by the end of this quarter and at 5.32 in one year, according to Trading Economics global macro models projections and analysts expectations.
China Southern Airlines Company Limited is principally engaged in the operation of civil aviation, including the provision of passenger, cargo, mail delivery and other extended transportation services. The Company operates through two business segments, including Airline Transportation segment and Other segment. Airline Transportation segment consist of passenger and cargo and mail operations. Other segment includes hotel and tour operation, ground services, cargo handling and other miscellaneous services. . The Company also provides services of general aviation and aircraft maintenance. The Company acts as an agency of domestic and foreign airlines, and other aviation and related business, such as personal accident insurance and agency business.