ANNOUNCEMENT ON KEY OPERATING DATA OF APRIL 2018

RNS Number : 0475O

Air China Ld

15 May 2018

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 2018

The enclosed announcement (the “SSE Announcement”) was published by Air China Limited (the “Air China”) on the Shanghai Stock Exchange on 14 May 2018, which contains combined operating data for April 2018 for Air China and its subsidiaries (collectively, the “Group”).

This announcement enclosing the SSE Announcement is made by Air China pursuant to Rule 13.09 and Rule 13.10B of the Listing Rules and the Inside Information Provisions (as defined in the Listing Rules) under Part XIVA of the SFO. 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.

This announcement enclosing the SSE Announcement is made by Air China pursuant to Rule 13.09 and Rule 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 "SFO").

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 advised to exercise caution in dealing in shares of Air China.

By Order of the Board

Air China Limited

Zhou Feng Tam Shuit Mui

Joint Company Secretaries

Beijing, the PRC, 14 May 2018

As at the date of this announcement, the directors of the Company are Mr. Cai Jianjiang, Mr. Song Zhiyong, Mr. John Robert Slosar, Mr. Xue Yasong, Mr. Wang Xiaokang*, Mr. Liu Deheng*, Mr. Stanley Hui Hon- chung* and Mr. Li Dajin*.

* 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 2018

In April 2018, Air China Limited (the "Company"), and its subsidiaries (the "Group") maintained growth in combined passenger traffic (measured by revenue passenger kilometers (the "RPK")) as compared to the same period last year but recorded a slight decline compared to the same period last month. Passenger capacity (measured by available seat kilometers (the "ASK")) and passenger traffic recorded a year-on-year increase of 15.3% and 16.2% respectively. For domestic routes, passenger capacity and passenger traffic increased by 10.6% and 11.5%, respectively, as compared to the same period last year. For international routes, passenger capacity and passenger traffic increased by 24.2% and 24.5%, respectively, as compared to the same period last year. Passenger capacity and passenger traffic on regional routes increased by 6.3% and 16.1%, respectively, as compared to the same period last year. The overall passenger load factor was 81.5%, representing an increase of 0.6 percentage points as compared to the same period last year. The passenger load factor for domestic, international and regional routes increased by 0.7, 0.2 and 7.0 percentage points respectively.

The Company launched a Beijing-Houston-Panama City route (twice a week) on 5 April 2018.

In terms of cargo operations, in April 2018, cargo and mail traffic (measured by revenue freight tonne kilometers (the "RFTK")) maintained growth as compared to the same period last year as well as compared to the same period last month. Freight tonnage carried recorded an increase on a year-on- year basis and basically maintained the same level on a month-on-month basis. Cargo capacity (measured by available freight tonne kilometers (the "AFTK")) increased by 9.8% year-on-year. Cargo and mail traffic increased by 9.2% and the volume of cargo and mail carried increased by 3.3% as compared to the same period last year. The cargo load factor was 56.6% in April 2018, representing a year-on-year decrease of 0.3 percentage points.

In April 2018, the Group retired one B737-700 aircraft. As at the end of April 2018, the Group operated a fleet of 658 aircraft, including 280 self-owned aircraft, 177 aircraft under finance lease and 201 aircraft under operating lease.

The following table sets forth key operating data for April 2018:

	April 2018	Year-on-Year Change (%)	Month-on- Month Change (%)	Cumulative 2018	Year-on-Year Cumulative Change (%)
I. Capacity
1. ATK (in million)1	3,231.9	13.2	-1.2	12,682.4	11.2
Domestic	1,543.4	8.8	-5.8	6,276.6	8.3
International	1,591.6	18.3	3.8	6,007.7	14.8
Regional	97.0	4.3	-3.7	398.1	5.5
2. ASK (in million)2	22,569.7	15.3	-0.7	88,327.6	12.0
Domestic	13,126.7	10.6	-3.4	52,391.4	8.8
International	8,655.0	24.2	3.8	32,733.2	18.4
Regional	788.1	6.3	-2.4	3,203.0	6.5
3. AFTK (in million)3	1,195.9	9.8	-2.1	4,712.0	9.8
Domestic	362.4	3.6	-12.8	1,561.2	6.8
International	810.7	13.2	3.8	3,054.1	11.6
Regional	22.8	-1.8	-7.6	96.7	2.6
II. Traffic
1. RTK (in million)4	2,316.2	14.0	0.1	8,823.4	10.9
Domestic	1,109.1	9.4	-4.1	4,367.5	7.2
International	1,137.5	18.8	4.6	4,183.8	15.0
Regional	69.5	14.2	0.8	272.0	12.8
2. RPK (in million)5	18,393.8	16.2	-1.1	71,744.1	11.3
Domestic	10,939.3	11.5	-4.0	43,535.2	8.4
International	6,805.2	24.5	3.7	25,654.1	16.4
Regional	649.3	16.1	3.0	2,554.7	13.7
3. RFTK (in million)6	676.5	9.2	3.4	2,479.9	10.4
Domestic	135.8	-2.4	-3.3	529.8	0.6
International	531.5	12.9	5.6	1,914.5	13.6
Regional	9.2	-3.3	-10.6	35.6	3.9
4. Number of Passengers carried (in thousand)	9,159.0	12.1	-2.3	35,902.0	8.9
Domestic	7,449.9	10.2	-3.2	29,293.3	7.9
International	1,290.0	22.4	1.0	4,967.2	13.1
Regional	419.2	17.2	4.3	1,641.4	15.3
5. Total Cargo and Mail carried (in tonnes)	158,722.1	3.3	-0.3	597,751.3	5.0
Domestic	85,368.9	-3.1	-3.0	331,985.8	-0.7
International	66,852.5	14.0	4.8	240,298.7	14.2
Regional	6,500.6	-4.9	-12.0	25,466.9	2.7

	April 2018	Year-on-Year Change (%)	Month-on- Month Change (%)	Cumulative 2018	Year-on-Year Cumulative Change (%)
III.Load Factor
1. Passenger Load Factor (%)7	81.5	0.6	-0.3	81.2	-0.5
Domestic	83.3	0.7	-0.6	83.1	-0.3
International	78.6	0.2	-0.1	78.4	-1.3
Regional	82.4	7.0	4.3	79.8	5.1
2. Cargo and Mail Load Factor (%)8	56.6	-0.3	3.0	52.6	0.3
Domestic	37.5	-2.3	3.7	33.9	-2.1
International	65.6	-0.2	1.1	62.7	1.1
Regional	40.4	-0.6	-1.3	36.8	0.4
3. Overall Load Factor (%)9	71.7	0.5	1.0	69.6	-0.2
Domestic	71.9	0.4	1.3	69.6	-0.7
International	71.5	0.3	0.5	69.6	0.1
Regional	71.7	6.2	3.2	68.3	4.4

Notes:

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

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

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

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

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

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

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

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

9. "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.