ANNOUNCEMENT ON KEY OPERATING DATA OF FEBRUARY2018

RNS Number : 6659H

Air China Ld

14 March 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

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 FEBRUARY 2018

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,  13  March 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. 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 FEBRUARY 2018

In February 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 decline as 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 11.8% and 10.7% respectively.  For  domestic routes, passenger capacity and passenger traffic increased by 10.2% and 9.3%,  respectively,  as  compared to the same period last year. For international  routes,  passenger  capacity  and  passenger traffic increased by 14.3% and 12.4%, respectively, as compared to the same  period  last  year.  Passenger capacity on regional routes  increased by  13.9%, and passenger traffic recorded an  increase   of 18.7%, as compared to the same period last year. The overall passenger load factor was 82.6%, representing an decrease of 0.8 percentage points as compared to the same period last year. The  passenger load factor for domestic and international routes decreased by 0.7 and 1.3 percentage points respectively. While the passenger load factor for regional routes increased by 3.3 percentage points.

In terms of cargo operations, in February 2018, cargo and mail traffic (measured by revenue freight   tonne kilometers (the "RFTK")) maintained growth as compared to the same period last year  but recorded a decrease as compared to the same period last month. Freight tonnage carried  recorded decrease on both a year-on-year basis and a month-on-month basis. Cargo capacity (measured by available freight tonne kilometers (the "AFTK")) increased by 10.8% year-on-year. Cargo and mail  traffic increased by 5.2% and the volume of cargo and mail carried decreased by 1.0% as compared to   the same period last year. The cargo load factor was 44.5% in February 2018, representing a year-on-  year  decrease  of  2.3  percentage points.

In February 2018, the Group introduced one A320NEO and one B787-9 aircraft, and retired one B777-200 and two 737-700 aircraft. As at the end of February 2018, the Group operated a fleet of         654 aircraft, including 276 self-owned aircraft, 176 aircraft under finance lease and 202 aircraft under operating lease.

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

	February 2018	Year-on- Year Change (%)	Month- on- Month Change (%)	Cumulative 2018	Year-on- Year Cumulative Change (%)
I.    Capacity
1.    ATK (in million)1	2,980.8	11.4	-6.7	6,177.5	9.4
Domestic	1,540.5	11.0	-0.9	3,095.7	7.9
International	1,337.7	11.7	-13.4	2,881.8	11.3
Regional	102.6	13.8	5.2	200.1	5.1
2.    ASK (in million)2	20,901.3	11.8	-5.5	43,025.0	9.6
Domestic	12,660.0	10.2	-2.8	25,684.0	7.7
International	7,419.4	14.3	-10.8	15,736.9	13.4
Regional	821.9	13.9	5.1	1,604.2	5.7
3.    AFTK (in million)3	1,095.1	10.8	-8.8	2,295.7	8.9
Domestic	401.5	13.3	4.7	784.9	8.3
International	668.2	9.2	-15.8	1,461.6	9.4
Regional	25.4	14.6	7.1	49.1	3.3
II. Traffic
1.    RTK (in million)4	1,984.5	8.1	-10.1	4,192.9	8.4
Domestic	1,023.3	5.8	-5.0	2,100.8	5.2
International	894.2	10.3	-16.0	1,958.5	12.0
Regional	67.0	15.4	0.5	133.6	9.5
2.    RPK (in million)5	17,268.5	10.7	-1.1	34,736.7	7.2
Domestic	10,721.3	9.3	2.5	21,177.8	5.9
International	5,888.6	12.4	-7.9	12,283.5	9.2
Regional	658.6	18.7	6.8	1,275.4	9.8
3.    RFTK (in million)6	487.0	5.2	-26.5	1,149.7	12.8
Domestic	99.6	-6.7	-35.4	253.6	3.4
International	380.9	9.1	-23.7	879.9	16.0
Regional	6.6	-6.6	-30.7	16.2	5.4

	February 2018	Year-on- Year Change (%)	Month- on- Month Change (%)	Cumulative 2018	Year-on- Year Cumulative Change (%)
4.    Number of Passengers carried (in thousand)	8,768.9	9.8	2.1	17,359.3	5.9
Domestic	7,158.6	9.2	2.5	14,139.4	5.5
International	1,180.4	9.5	-3.1	2,399.3	5.7
Regional	429.9	22.6	10.0	820.6	12.1
5.    Total Cargo and Mail carried (in tonnes)	114,859.8	-1.0	-30.4	279,991.0	7.1
Domestic	62,830.6	-7.1	-34.5	158,745.7	1.3
International	47,390.7	9.4	-23.9	109,666.3	17.1
Regional	4,638.6	-8.0	-33.2	11,579.0	4.4
III. Load Factor
1.    Passenger Load Factor (%)7	82.6	-0.8	3.7	80.7	-1.8
Domestic	84.7	-0.7	4.4	82.5	-1.4
International	79.4	-1.3	2.5	78.1	-3.0
Regional	80.1	3.3	1.3	79.5	3.0
2.    Cargo and Mail Load Factor (%)8	44.5	-2.3	-10.7	50.1	1.7
Domestic	24.8	-5.3	-15.4	32.3	-1.5
International	57.0	-0.1	-5.9	60.2	3.4
Regional	25.8	-5.8	-14.1	33.0	0.7
3.    Overall Load Factor (%)9	66.6	-2.1	-2.5	67.9	-0.6
Domestic	66.4	-3.3	-2.9	67.9	-1.7
International	66.8	-0.9	-2.1	68.0	0.4
Regional	65.3	0.9	-3.1	66.8	2.7

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 results from inappropriate reliance upon or  utilization  of  the  information  given  above.

Board  of  Directors  of  Air  China Limited

Beijing,  the  PRC,  13  March, 2018

 

END

 

 

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