SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16 OF
THE SECURITIES EXCHANGE ACT OF 1934
For the month of May, 2003
CHINA SOUTHERN AIRLINES COMPANY LIMITED
(Translation of registrant's name into English)
Baiyun International Airport
Guangzhou, People's Republic of China
(Address of principal executive offices)
(Indicate by check mark whether the registrant files or will file annual
reports under cover Form 20-F or Form 40-F.)
Form 20-F. X Form 40-F.
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(Indicate by check mark whether the registrant by furnishing the
information contained in this Form is also thereby furnishing the information to
the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of
1934.)
Yes. No. X
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(If "Yes" is marked, indicate below the file number assigned to the
registrant in connection with Rule 12g3-2(b): 82- .)
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China Southern Airlines Company Limited (the "Company") on May 13, 2003
published in two local newspapers in Hong Kong a supplemental announcement in
Chinese and English regarding the impact of the recent outbreak of the severe
acute respiratory syndrome on the Company's and its subsidiaries' business
operation. A copy of each of the announcement is included in this Form 6-K of
the Company.
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The Stock Exchange of Hong Kong Limited takes no responsibility for the
contents of this announcement, makes no representation as to its accuracy or
completeness and expressly disclaims any liability whatsoever for any loss
howsoever arising from or in reliance upon the whole or any part of the
contents of this announcement.
(CHINA SOUTHERN AIRLINES COMPANY LIMITED LOGO)
(a joint stock limited company incorporated in the People's Republic of China
with limited liability)
ANNOUNCEMENT
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Further to the press announcement of the Company dated April 15, 2003, the
Directors of the Company hereby issue the following supplemental announcement
regarding the impact of the recent outbreak of SARS on the Group's business
operation.
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Further to the press announcement ("Press Announcement") of China Southern
Airlines Company Limited (the "Company", and together with its subsidiaries,
the "Group") dated April 15, 2003, the Directors of the Company would like to
issue the following supplemental announcement regarding the impact of the
recent outbreak of the severe acute respiratory syndrome ("SARS") on the
Group's business operation, pursuant to paragraph 2 of the Listing Agreement:
1. Based on the currently available information and certain historical figures
of the Group,
i. the available seat kilometers (ASK) of the Group in April 2003
decreased by 18.3% compared to March 2003, or by 14.4% compared to
the same period last year;
ii. the average revenue passenger kilometers (RPK) of the Group in April
2003 decreased by 34.1% compared to March 2003, or by 40% compared to
the same period last year;
iii. the passenger load factor of the Group in April 2003 decreased by 12
percentage points compared to March 2003, or by 21.2 percentage
points compared to the same period last year;
iv. the total number of passengers of the Group in April 2003 decreased
by 36.5% compared to the same period last year.
2. In response to the adverse change in operational environment of the Group
brought about by the outbreak of SARS, the Group has implemented various
continuing measures to adjust its operational capacity accordingly, which
include negotiating with aircraft manufacturers to explore the possibility
of postponing the delivery date of new aircraft and requesting its staff to
take leave at a reduced salary on rotation. In addition, the Group has
continued its efforts in fully implementing the precautionary measures in
accordance with the general guidelines issued by the Hygiene Department of
the Chinese Government, in order to tackle the potential spread of SARS on
its airlines and at all contact points with its passengers, as described in
the Press Announcement.
3. The Board of Directors believes that the recent outbreak of SARS has
brought unprecedented difficulties and challenges to the business operation
of the Group, and predicts that the continued persistence of which will
have a significantly negative impact on the Group's financial position.
MEANWHILE, POTENTIAL INVESTORS AND SHAREHOLDERS OF THE COMPANY SHOULD EXERCISE
CAUTION WHEN DEALING IN THE SHARES OF THE COMPANY.
By order of the Board
SU LIANG
Company Secretary
Guangzhou, the People's Republic of China
May 12, 2003
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China Daily May 13, 2003
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.
CHINA SOUTHERN AIRLINES COMPANY LIMITED
By /s/ Su Liang
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Name: Su Liang
Title: Company Secretary
Date: May 14, 2003