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

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RNS Number : 8457S  Air China Ld  18 June 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 MAY 2024

 

The enclosed announcement (the "SSE Announcement") was published by Air China
Limited (the "Air China") on the Shanghai Stock Exchange on 17 June 2024,
which contains combined operating data for May 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, 17 June 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 MAY 2024

 

In May 2024, Air China Limited (the "Company") and its subsidiaries (the
"Group") recorded a year- on-year and a month-on-month increase 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 13.9%, and a month-on-month increase of
5.1%. Passenger traffic recorded a year-on-year increase of 30.9% and a
month-on-month increase of 4.5%. Among which, for domestic routes, passenger
capacity decreased by 4.8% year on year and increased by 4.4% month on month,
and passenger traffic increased by 9.7% year on year and increased by 6.3%
month on month. For international routes, passenger capacity increased by
120.0% and increased by 7.3% as compared to the same period last year and the
previous month, respectively, and passenger traffic increased by 181.1% and
increased by 0.6% as compared to the same period last year and the previous
month, respectively. For regional routes, passenger capacity increased by
36.0% and increased by 1.3% as compared to the same period last year and the
previous month, respectively, and passenger traffic recorded an increase of
55.4% year on year and a decrease of 4.7% month on month. The passenger load
factor was 78.3%, representing an increase of 10.2 percentage points as
compared to the same period last year and a decrease of 0.5 percentage point
as compared to the previous month. Among which, the passenger load factor for
domestic routes increased by 10.7 percentage points year on year and increased
by 1.4 percentage points month on month, the passenger load factor for
international routes increased by 15.8 percentage points and decreased by 4.8
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 8.7 percentage points year on year and decreased by 4.4
percentage points month on month.

 

In terms of cargo operations, cargo capacity (measured by available freight
tonne kilometers (the "AFTK")) increased by 26.7% year on year and increased
by 6.1% month on month. Cargo and mail traffic (measured by revenue freight
tonne kilometers (the "RFTK")) increased by 70.7% year on year and increased
by 11.1% month on month. The cargo load factor was 39.9%, representing a
year-on-year increase of 10.3 percentage points and a month-on-month increase
of 1.8 percentage points.

 

In May 2024, the Group introduced one ARJ21-700 aircraft. As at the end of May
2024, the Group operated a fleet of 915 aircraft, including 407 self-owned
aircraft, 212 aircraft under finance lease and 296 aircraft under operating
lease.

 

From May 6, 2024, the Company added Beijing Capital-Riyadh route (three
flights per week).

 

From May 17, 2024, the Company resumed Beijing Capital-Madrid-Havana route
(two flights per week).

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

 

                                                                                                        Year-on-Year Cumulative Change (%)1

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

                        May 2024                                                           2024
 I. Capacity
 1. ATK (in million)2   3,656.5    17.3                       5.4                          18,089.2     36.7
 Domestic               2,362.7    -5.0                       4.7                          12,196.7     7.4
 International          1,187.9    116.5                      7.2                          5,382.5      244.1
 Regional               105.8      31.2                       1.9                          510.0        67.2
 2. ASK (in million)3   29,146.1   13.9                       5.1                          143,061.4    31.0
 Domestic               20,294.5   -4.8                       4.4                          102,744.3    6.2
 International          7,976.7    120.0                      7.3                          36,142.3     263.5
 Regional               874.9      36.0                       1.3                          4,174.9      69.1
 3. AFTK (in million)4  1,028.9    26.7                       6.1                          5,193.4      53.2
 Domestic               536.7      -5.9                       5.6                          2,951.5      11.2
 International          468.7      111.5                      6.9                          2,125.7      218.1
 Regional               23.4       18.3                       4.6                          116.3        70.2
 II. Traffic
 1. RTK (in million)5   2,438.5    36.2                       5.6                          11,786.5     54.5
 Domestic               1,593.6    10.8                       6.4                          7,909.6      19.8
 International          782.5      152.0                      4.7                          3,574.2      312.9
 Regional               62.4       53.8                       -3.5                         302.8        88.1
 2. RPK (in million)6   22,828.8   30.9                       4.5                          113,234.8    47.6
 Domestic               16,438.7   9.7                        6.3                          82,666.1     19.3
 International          5,781.8    181.1                      0.6                          27,571.4     371.0
 Regional               608.2      55.4                       -4.7                         2,997.3      91.8
 3. RFTK (in million)7  410.8      70.7                       11.1                         1,825.8      117.4
 Domestic               136.9      25.4                       8.7                          657.3        36.8
 International          268.1      110.0                      12.5                         1,143.0      229.5
 Regional               5.8        51.6                       6.1                          25.5         106.1

                                                                                                                                 Year-on-Year Cumulative Change (%)1

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

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

                                                12,690.5    19.7                       5.7                          62,418.0     31.4
 Domestic                                       10,988.2    10.7                       6.9                          54,371.2     19.8
 International                                  1,320.2     205.7                      -0.8                         6,177.6      428.5
 Regional                                       382.1       55.8                       -4.8                         1,869.3      92.8
 5. Total Cargo and Mail carried (in tonnes)

                                                125,194.7   45.2                       9.7                          577,322.3    65.4
 Domestic                                       81,924.0    24.1                       9.5                          391,240.3    35.2
 International                                  39,645.6    123.8                      10.3                         170,017.1    232.4
 Regional                                       3,625.1     45.3                       5.5                          16,064.9     91.5
 III. Load Factor
 1.  Passenger Load Factor (%)8                 78.3        10.2                       -0.5                         79.2         8.9
 Domestic                                       81.0        10.7                       1.4                          80.5         8.8
 International                                  72.5        15.8                       -4.8                         76.3         17.4
 Regional                                       69.5        8.7                        -4.4                         71.8         8.5
 2. Cargo and Mail Load Factor (%)9

                                                39.9        10.3                       1.8                          35.2         10.4
 Domestic                                       25.5        6.4                        0.7                          22.3         4.2
 International                                  57.2        -0.4                       2.9                          53.8         1.9
 Regional                                       25.0        5.5                        0.4                          21.9         3.8
 3. Overall Load Factor (%)10                   66.7        9.3                        0.1                          65.2         7.5
 Domestic                                       67.4        9.6                        1.1                          64.9         6.8
 International                                  65.9        9.3                        -1.6                         66.4         11.1
 Regional                                       59.0        8.6                        -3.3                         59.4         6.6

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, 17 June 2024

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