ANNOUNCEMENT ON KEY OPERATING DATA OF AUGUST 2022

RNS Number : 7300Z

Air China Ld

16 September 2022

 

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

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 AUGUST 2022

The enclosed announcement (the "SSE Announcement") was published by Air China Limited (the "Air China") on the Shanghai Stock Exchange on 15 September 2022, which contains combined operating data for August 2022 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

Huang Bin Huen Ho Yin

Joint Company Secretaries

Beijing, the PRC, 15 September 2022

As at the date of this announcement, the directors of the Company are Mr. Song Zhiyong, Mr. Ma Chongxian, Mr. Feng Gang, Mr. Patrick Healy, Mr. Li Fushen*, Mr. He Yun*, Mr. Xu Junxin* and Ms. Winne 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 AUGUST 2022

In August 2022, 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 34.8% and a month-on-month decrease of 5.9%. Passenger traffic recorded a year-on-year increase of 56.4% and a month-on-month decrease of 4.9%. Among which, for domestic routes, passenger capacity increased by 37.3% year on year and decreased by 6.7% month on month, and passenger traffic increased by 60.1% year on year and decreased by 5.5% month on month. For international routes, passenger capacity increased by 2.1% and increased by 15.3% as compared to the same period last year and the previous month, respectively, and passenger traffic decreased by 7.3% and increased by 12.3% as compared to the same period last year and the previous month, respectively. For regional routes, passenger capacity decreased by 42.9% and increased by 86.4% as compared to the same period last year and the previous month, respectively, and passenger traffic recorded a decrease of 39.0% year on year and an increase of 161.4% month on month. The overall passenger load factor was 66.9%, representing an increase of 9.2 percentage points as compared to the same period last year and an increase of 0.7 percentage points as compared to the previous month. Among which, the passenger load factor for domestic routes increased by 9.6 percentage points year on year and increased by 0.9 percentage points month on month, the passenger load factor for international routes decreased by 5.4 percentage points and decreased by 1.4 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 2.7 percentage points year on year and increased by 12.3 percentage points month on month.

In terms of cargo operations, cargo capacity (measured by available freight tonne kilometers (the "AFTK")) decreased by 22.7% year on year and decreased by 24.3% month on month. Cargo and mail traffic (measured by revenue freight tonne kilometers (the "RFTK")) decreased by 38.9% year on year and decreased by 26.6% month on month. The cargo load factor was 39.2%, representing a year-on-year decrease of 10.4 percentage points and a month-on-month decrease of 1.3 percentage points.

In August 2022, the Group introduced one A320NEO aircraft, retired one B737-800 aircraft, one A330-200 aircraft. As at the end of August 2022, the Group operated a fleet of 750 aircraft, including 303 self-owned aircraft, 243 aircraft under finance lease and 204 aircraft under operating lease.

The following table sets forth key operating data of August 2022:

	August 2022	Year-on-Year Change (%)1	Month- on-Month Change (%)1	Cumulative 2022	Year-on-Year Cumulative Change (%)1
I. Capacity
1. ATK (in million)2	1,598.7	7.8	-13.0	12,597.2	-24.7
Domestic	1,247.6	35.1	-7.2	7,554.5	-37.0
International	336.1	-38.0	-29.7	4,873.6	8.3
Regional	15.0	-15.1	10.2	169.1	-31.2
2. ASK (in million)3	11,818.7	34.8	-5.9	68,655.6	-36.0
Domestic	11,392.3	37.3	-6.7	65,470.1	-36.3
International	356.8	2.1	15.3	2,261.7	-20.7
Regional	69.6	-42.9	86.4	923.8	-46.7
3. AFTK (in million)4	536.8	-22.7	-24.3	6,417.8	-9.2
Domestic	224.4	26.2	-9.7	1,668.9	-39.4
International	304.0	-40.5	-32.5	4,670.1	10.0
Regional	8.4	40.5	-17.4	78.8	5.4
II. Traffic
1. RTK (in million)5	896.4	14.3	-11.0	6,385.1	-32.3
Domestic	734.8	44.2	-6.1	4,263.3	-41.6
International	156.2	-41.4	-29.1	2,052.5	2.6
Regional	5.4	-33.6	17.5	69.3	-43.7
2. RPK (in million)6	7,901.0	56.4	-4.9	42,964.7	-42.8
Domestic	7,681.6	60.1	-5.5	41,604.8	-42.9
International	189.4	-7.3	12.3	930.6	-27.9
Regional	30.0	-39.0	161.4	429.2	-56.2
3. RFTK (in million)7	210.3	-38.9	-26.6	2,601.3	-6.0
Domestic	68.2	-26.4	-11.9	604.0	-29.3
International	139.5	-43.8	-32.1	1,970.2	4.4
Regional	2.6	-22.7	-27.1	27.1	5.4
4. Number of Passengers carried (in thousand)	5,119.6	59.2	-1.7	27,701.6	-44.1
Domestic	5,065.7	60.5	-2.1	27,290.1	-44.1
International	37.7	14.0	26.0	162.2	-22.4
Regional	16.1	-40.3	156.6	249.3	-57.8
5. Total Cargo and Mail carried (in tonnes)	61,584.3	-30.0	-17.8	622,996.5	-20.8
Domestic	41,735.9	-25.2	-10.6	364,528.1	-30.9
International	18,085.6	-40.2	-30.2	241,176.1	-0.8
Regional	1,762.9	-10.7	-23.8	17,292.3	6.5
III. Load Factor
1. Passenger Load Factor (%)8	66.9	9.2	0.7	62.6	-7.4
Domestic	67.4	9.6	0.9	63.5	-7.4
International	53.1	-5.4	-1.4	41.1	-4.1
Regional	43.1	2.7	12.3	46.5	-10.1
2. Cargo and Mail Load Factor (%)9	39.2	-10.4	-1.3	40.5	1.4
Domestic	30.4	-21.7	-0.8	36.2	5.1
International	45.9	-2.7	0.2	42.2	-2.3
Regional	30.8	-25.1	-4.1	34.4	0.0
3. Overall Load Factor (%)10	56.1	3.2	1.2	50.7	-5.6
Domestic	58.9	3.7	0.7	56.4	-4.5
International	46.5	-2.6	0.4	42.1	-2.3
Regional	35.9	-10.0	2.2	41.0	-9.1

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, 15 September 2022

 

END

 

 

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