ANNOUNCEMENT ON KEY OPERATING DATA OF JANUARY 2016

RNS Number : 5345P

Air China Ld

19 February 2016

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 JANUARY 2016

The enclosed announcement (the "SSE Announcement") was published by Air China Limited ("Air China") on the Shanghai Stock Exchange on 18 February 2016, which contains combined operating data for January 2016 for Air China and its subsidiaries (collectively, the "Group"). The information contained in the SSE Announcement may be price sensitive. This announcement enclosing the SSE Announcement is being issued pursuant to Part XIVA of the Securities and Futures Ordinance. The data in the 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 is issued by Air China pursuant to Part XIVA of the Securities and Futures Ordinance.

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

Rao Xinyu Tam Shuit Mui

Joint Company Secretaries

Beijing, the PRC, 18 February 2016

As at the date of this notice, the directors of the Company are Mr. Cai Jianjiang, Ms. Wang Yinxiang, Mr. Cao Jianxiong, Mr. Feng Gang, Mr. John Robert Slosar, Mr. Ian Sai Cheung Shiu, Mr. Song Zhiyong, Mr. Fan Cheng, Mr. Pan Xiaojiang*, Mr. Simon To Chi Keung*, Mr. Stanley Hui Honchung* 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 JANUARY 2016

In January 2016, Air China Limited (the "Company"), and its subsidiaries (the "Group") recorded an increase in combined passenger traffic (measured by revenue passenger kilometers ("RPK")) as compared to the same period last year and to last month, respectively. Compared to the same period last year, passenger capacity (measured by available seat kilometers ("ASK")) increased by 14.0%, while passenger traffic, increased by 18.6%. For domestic routes, passenger capacity and passenger traffic increased by 4.0% and 6.8%, respectively, as compared to the same period last year. For international routes, passenger capacity and passenger traffic increased by 35.5% and 43.7%, respectively, as compared to the same period last year. Passenger capacity on regional routes increased by 6.9%, while passenger traffic increased by 21.9% as compared to the same period last year. The overall passenger load factor was 79.5%, recording a year-on-year increase by 3.1 percentage points. The passenger load factor for domestic, international and regional routes increased by 2.1, 4.5 and 9.1 percentage points, respectively.

The Company launched a Guiyang-Sanya route (seven flights each week) on 22 January 2016, a Guiyang-Tianjin route (seven flights each week) on 29 January 2016, a Yangzhou-Taipei route (three flights each week) on 25 January 2016 and a Hangzhou-Ibaraki route (two flights each week) on 30 January 2016.

In terms of cargo operations, in January 2016, both cargo and mail traffic (measured by revenue freight tonne kilometers ("RFTK")) and volume of cargo and mail uplifted continued to increase on a year-on-year basis, but decreased as compared to last month. Cargo capacity (measured by available freight tonne kilometers ("AFTK")) rose by 10.0% year-on-year in January 2016. Cargo and mail traffic grew by 7.7% and the volume of cargo and mail uplifted increased by 8.4% as compared to the same period last year. The cargo load factor was 52.6% in January 2016, representing a year-on-year decrease of 1.1 percentage points.

In January 2016, the Group added five new aircraft, including two B737-800, two A320 and one business jet, and retired one A340. As at the end of January 2016, the Group operated a fleet of 594 aircraft.

The following table sets forth key operating data for January 2016:

		January 2016	Change vs January 2015 (%)	Change vs December 2015 (%)	Cumulative January 2016	Cumulative change (%)
I.	Capacity
1.	ATKs (in millions)1	2,773.1	12.4	1.9	2,773.1	12.4
	Domestic	1,282.3	1.6	2.0	1,282.3	1.6
	International	1,385.8	25.6	1.9	1,385.8	25.6
	Regional	105.0	3.8	1.6	105.0	3.8
2.	ASKs (in millions)2	19,054.9	14.0	2.6	19,054.9	14.0
	Domestic	11,149.3	4.0	2.7	11,149.3	4.0
	International	7,069.6	35.5	2.8	7,069.6	35.5
	Regional	836.0	6.9	1.4	836.0	6.9
3.	AFTKs (in millions)3	1,054.5	10.0	0.9	1,054.5	10.0
	Domestic	280.5	-6.1	-0.0	280.5	-6.1
	International	747.6	18.2	1.2	747.6	18.2
	Regional	26.4	-4.8	2.1	26.4	-4.8
II.	Traffic
1.	RTKs（in millions）4	1,893.1	14.8	2.0	1,893.1	14.8
	Domestic	936.7	6.8	3.2	936.7	6.8
	International	890.0	24.3	0.6	890.0	24.3
	Regional	66.4	17.3	3.4	66.4	17.3
2.	RPKs（in millions）5	15,149.6	18.6	6.7	15,149.6	18.6
	Domestic	8,994.1	6.8	4.9	8,994.1	6.8
	International	5,537.1	43.7	10.1	5,537.1	43.7
	Regional	618.4	21.9	5.3	618.4	21.9
3.	RFTKs (in millions)6	554.2	7.7	-5.7	554.2	7.7
	Domestic	144.3	10.4	1.2	144.3	10.4
	International	400.2	7.1	-8.1	400.2	7.1
	Regional	9.7	-3.7	-1.5	9.7	-3.7
4.	Passengers carried
	(in thousands)	7,523.7	11.8	5.0	7,523.7	11.8
	Domestic	6,038.2	6.9	4.0	6,038.2	6.9
	International	1,100.9	43.3	11.8	1,100.9	43.3
	Regional	384.7	21.6	4.1	384.7	21.6
5.	Cargo and mail carried
	(tonnes)	148,683.7	8.4	-2.5	148,683.7	8.4
	Domestic	92,720.4	9.5	0.6	92,720.4	9.5
	International	49,164.8	7.7	-7.9	49,164.8	7.7
	Regional	6,798.5	-0.9	-1.4	6,798.5	-0.9

		January 2016	Change vs January 2015 (%)	Change vs December 2015 (%)	Cumulative January 2016	Cumulative change (%)
III	Load Factor
1.	Passenger Load Factor (%)7	79.5	3.1	3.0	79.5	3.1
	Domestic	80.7	2.1	1.7	80.7	2.1
	International	78.3	4.5	5.2	78.3	4.5
	Regional	74.0	9.1	2.7	74.0	9.1
2.	Cargo and Mail Load Factor(%)8	52.6	-1.1	-3.7	52.6	-1.1
	Domestic	51.4	7.7	0.6	51.4	7.7
	International	53.5	-5.5	-5.4	53.5	-5.5
	Regional	36.9	0.4	-1.3	36.9	0.4
3.	Overall Load Factor (%)9	68.3	1.4	0.0	68.3	1.4
	Domestic	73.0	3.6	0.8	73.0	3.6
	International	64.2	-0.7	-0.8	64.2	-0.7
	Regional	63.3	7.3	1.1	63.3	7.3

Note:

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 seat 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.

By Order of the Board