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REG - Air China Ld - ANNOUNCEMENT ON KEY OPERATING DATA OF APRIL 2024

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RNS Number : 8797O  Air China Ld  17 May 2024

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong
Limited take no responsibility for the contents of this announcement, make no
representation as to its accuracy or completeness and expressly disclaim any
liability whatsoever for any loss howsoever arising from or in reliance upon
the whole or any part of the contents of this announcement.

 

 

中國國際航空股份有限公司

AIR CHINA LIMITED

(a joint stock limited company incorporated in the People's Republic of China
with limited liability)

(Stock Code: 00753)

 

 

ANNOUNCEMENT ON KEY OPERATING DATA OF APRIL 2024

 

The enclosed announcement (the "SSE Announcement") was published by Air China
Limited (the "Air China") on the Shanghai Stock Exchange on 16 May 2024, which
contains combined operating data for April 2024 for Air China and its
subsidiaries (collectively, the "Group"). This announcement enclosing the SSE
Announcement is made by Air China 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).

 

The data in the enclosed SSE Announcement was calculated based on the internal
statistics of the Group, which may differ from the data disclosed in the
relative periodic reports. Investors are hereby reminded of the risks which
may result from inappropriate reliance upon or utilization of the information
given above.

 

By Order of the Board

Air China Limited

Xiao Feng    Huen Ho Yin

 Joint Company Secretaries

 

 

Beijing, the PRC, 16 May 2024

 

As at the date of this announcement, the directors of the Company are Mr. Ma
Chongxian, Mr. Wang Mingyuan, Mr. Feng Gang, Mr. Patrick Healy, Mr. Xiao Peng,
Mr. Li Fushen*, Mr. He Yun*, Mr. Xu Junxin* and Ms. Winnie Tam Wan-chi*.

 

*        Independent non-executive director of the Company

SSE ANNOUNCEMENT

 

The SSE Announcement is written in Chinese, with no official English
translation. The English translation is provided solely for reference only. In
case of any discrepancy between the two versions, the Chinese version shall
prevail. The full version of the SSE Announcement is as follows:

 

AIR CHINA LIMITED

ANNOUNCEMENT ON KEY OPERATING DATA OF APRIL 2024

 

In April 2024, Air China Limited (the "Company") and its subsidiaries (the
"Group") recorded a year- on-year increase and a month-on-month decrease in
combined passenger traffic (measured by revenue passenger kilometers (the
"RPK")). Passenger capacity (measured by available seat kilometers (the
"ASK")) recorded a year-on-year increase of 14.2%, and a month-on-month
decrease of 3.1%. Passenger traffic recorded a year-on-year increase of 27.4%
and a month-on-month decrease of 2.7%. Among which, for domestic routes,
passenger capacity decreased by 6.3% year on year and decreased by 6.1% month
on month, and passenger traffic increased by 3.0% year on year and decreased
by 5.0% month on month. For international routes, passenger capacity increased
by 151.1% and increased by 4.2% as compared to the same period last year and
the previous month, respectively, and passenger traffic increased by 228.9%
and increased by 2.5% as compared to the same period last year and the
previous month, respectively. For regional routes, passenger capacity
increased by 45.7% and increased by 9.8% as compared to the same period last
year and the previous month, respectively, and passenger traffic recorded an
increase of 65.3% year on year and an increase of 15.6% month on month. The
passenger load factor was 78.8%, representing an increase of 8.2 percentage
points as compared to the same period last year and an increase of 0.3
percentage points as compared to the previous month. Among which, the
passenger load factor for domestic routes increased by 7.2 percentage points
year on year and increased by 0.9 percentage points month on month, the
passenger load factor for international routes increased by 18.3 percentage
points and decreased by 1.3 percentage points as compared to the same period
last year and the previous month, respectively, and the passenger load factor
for regional routes increased by 8.8 percentage points year on year and
increased by 3.7 percentage points month on month.

 

In terms of cargo operations, cargo capacity (measured by available freight
tonne kilometers (the "AFTK")) increased by 25.8% year on year and decreased
by 9.3% month on month. Cargo and mail traffic (measured by revenue freight
tonne kilometers (the "RFTK")) increased by 95.8% year on year and decreased
by 0.2% month on month. The cargo load factor was 38.1%, representing a
year-on-year increase of 13.6 percentage points and a month-on-month increase
of 3.5 percentage points.

 

In April 2024, the Group introduced one ARJ21-700 aircraft and two B737 series
aircraft. As at the end of April 2024, the Group operated a fleet of 914
aircraft, including 406 self-owned aircraft, 212 aircraft under finance lease
and 296 aircraft under operating lease.

The following table sets forth key operating data of April 2024:

 

                                                                                                            Year-on-Year Cumulative Change (%)1

                                       Year-on-Year Change (%)1   Month-on-Month Change (%)1   Cumulative

                          April 2024                                                           2024
 I. Capacity
 1. ATK (in million)2     3,469.4      17.2                       -4.9                         14,432.7     42.7
 Domestic                 2,257.1      -7.6                       -9.4                         9,834.0      10.8
 International            1,108.5      150.1                      4.7                          4,194.6      312.9
 Regional                 103.8        39.0                       5.8                          404.2        80.1
 2. ASK (in million)(3)   27,734.3     14.2                       -3.1                         113,915.3    36.2
 Domestic                 19,436.2     -6.3                       -6.1                         82,449.8     9.3
 International            7,434.8      151.1                      4.2                          28,165.6     345.9
 Regional                 863.4        45.7                       9.8                          3,299.9      80.7
 3. AFTK (in million)(4)  969.4        25.8                       -9.3                         4,164.5      61.5
 Domestic                 508.5        -11.7                      -19.1                        2,414.7      15.9
 International            438.6        148.4                      5.3                          1,656.9      271.0
 Regional                 22.4         22.3                       -7.4                         92.9         91.3
 II. Traffic
 1. RTK (in million)(5)   2,310.2      35.1                       -2.5                         9,348.0      60.1
 Domestic                 1,498.0      4.7                        -5.5                         6,316.0      22.4
 International            747.5        210.9                      2.7                          2,791.6      402.8
 Regional                 64.7         64.8                       14.6                         240.4        99.7
 2. RPK (in million)(6)   21,854.9     27.4                       -2.7                         90,406.1     52.5
 Domestic                 15,470.5     3.0                        -5.0                         66,227.4     21.9
 International            5,745.9      228.9                      2.5                          21,789.6     473.8
 Regional                 638.5        65.3                       15.6                         2,389.1      104.0
 3. RFTK (in million)(7)  369.7        95.8                       -0.2                         1,414.9      136.2
 Domestic                 125.9        26.0                       -7.1                         520.4        40.1
 International            238.3        177.3                      3.6                          874.9        299.1
 Regional                 5.5          87.7                       7.3                          19.7         130.8

                                                                                                                                  Year-on-Year Cumulative Change (%)1

                                                             Year-on-Year Change (%)1   Month-on-Month Change (%)1   Cumulative

                                                April 2024                                                           2024
 4. Number of Passengers carried (in thousand)

                                                12,009.6     14.2                       -2.9                         49,727.5     34.7
 Domestic                                       10,277.7     3.6                        -4.5                         43,382.9     22.4
 International                                  1,330.6      279.1                      5.8                          4,857.4      559.0
 Regional                                       401.3        64.8                       16.7                         1,487.2      105.4
 5. Total Cargo and Mail carried (in tonnes)

                                                114,166.3    52.2                       -3.8                         452,127.5    72.1
 Domestic                                       74,798.4     23.6                       -6.7                         309,316.3    38.4
 International                                  35,931.8     187.4                      2.1                          130,371.4    290.1
 Regional                                       3,436.1      73.8                       6.0                          12,439.8     111.1
 III. Load Factor
 1.  Passenger Load Factor (%)(8)               78.8         8.2                        0.3                          79.4         8.4
 Domestic                                       79.6         7.2                        0.9                          80.3         8.3
 International                                  77.3         18.3                       -1.3                         77.4         17.2
 Regional                                       74.0         8.8                        3.7                          72.4         8.3
 2. Cargo and Mail Load Factor (%)(9)

                                                38.1         13.6                       3.5                          34.0         10.7
 Domestic                                       24.8         7.4                        3.2                          21.6         3.7
 International                                  54.3         5.7                        -0.9                         52.8         3.7
 Regional                                       24.6         8.6                        3.4                          21.2         3.6
 3. Overall Load Factor (%)(10)                 66.6         8.8                        1.6                          64.8         7.0
 Domestic                                       66.4         7.8                        2.7                          64.2         6.1
 International                                  67.4         13.2                       -1.3                         66.6         11.9
 Regional                                       62.3         9.8                        4.8                          59.5         5.8

Notes:

 

1.       Change is expressed in percentage in terms of "Capacity" and
"Traffic", and is expressed in percentage points in terms of "Load Factor"

 

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

 

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

 

4.       "AFTK(s)" refers to the number of tonnes of capacity available
for the carriage of cargo and mail multiplied by the kilometers flown

 

5.       "RTK(s)" refers to the revenue load (passenger and cargo) in
tonnes multiplied by the kilometers flown

 

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

 

7.       "RFTK(s)" refers to the revenue cargo and mail load in tonnes
multiplied by the kilometers flown

 

8.       "Passenger Load Factor" refers to revenue passenger kilometers
expressed as a percentage of available seat kilometers

 

9.       "Cargo and Mail Load Factor" refers to revenue freight tonne
kilometers expressed as a percentage of available freight tonne kilometers

 

10.     "Overall Load Factor" refers to RTKs expressed as a percentage of
available tonne kilometers

 

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

 

Board of Directors of Air China Limited

Beijing, the PRC, 16 May 2024

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