ANNOUNCEMENT ON KEY OPERATING DATA OF JULY 2024

Air China Ld

16 August 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 JULY 2024

The enclosed announcement (the "SSE Announcement") was published by Air China Limited (the "Air China") on the Shanghai Stock Exchange on 15 August 2024, which contains combined operating data for July 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, 15 August 2024

As at the date of this announcement, the directors of the Company are Mr. Ma Chongxian, Mr. Wang Mingyuan, Mr. Cui Xiaofeng, 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 JULY 2024

In July 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 13.2%, and a month-on-month increase of 15.7%. Passenger traffic recorded a year-on-year increase of 20.4% and a month-on-month increase of 16.0%. Among which, for domestic routes, passenger capacity remained steady compared to the same period last year and increased by 18.5% month on month, and passenger traffic increased by 6.8% year on year and increased by 17.6% month on month. For international routes, passenger capacity increased by 73.7% and increased by 9.0% as compared to the same period last year and the previous month, respectively, and passenger traffic increased by 86.5% and increased by 11.8% as compared to the same period last year and the previous month, respectively. For regional routes, passenger capacity increased by 28.0% and increased by 11.0% as compared to the same period last year and the previous month, respectively, and passenger traffic recorded an increase of 27.9% year on year and an increase of 14.3% month on month. The passenger load factor was 80.2%, representing an increase of 4.8 percentage points as compared to the same period last year and an increase of 0.2 percentage points as compared to the previous month. Among which, the passenger load factor for domestic routes increased by 5.2 percentage points year on year and decreased by 0.6 percentage points month on month, the passenger load factor for international routes increased by 5.4 percentage points and increased by 1.9 percentage points as compared to the same period last year and the previous month, respectively, and the passenger load factor for regional routes remained steady compared to the same period last year and increased by 2.2 percentage points month on month.

In terms of cargo operations, cargo capacity (measured by available freight tonne kilometers (the "AFTK")) increased by 15.3% year on year and increased by 7.4% month on month. Cargo and mail traffic (measured by revenue freight tonne kilometers (the "RFTK")) increased by 44.5% year on year and decreased by 0.4% month on month. The cargo load factor was 41.1%, representing a year-on-year increase of 8.3 percentage points and a month-on-month decrease of 3.2 percentage points.

In July 2024, the Group introduced one ARJ21-700 aircraft and one B737 series aircraft. As at the end of July 2024, the Group operated a fleet of 917 aircraft, including 411 self-owned aircraft, 210 aircraft under finance lease and 296 aircraft under operating lease.

From 10 July 2024, the Company added Beijing Capital - Dhaka route (four flights per week). From 29 July 2024, the Company added Chengdu Tianfu - Milan route (three flights per week).

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

	July 2024	Year-on-Year Change (%)1	Month-on-Month Change (%)1	Cumulative 2024	Year-on-Year Cumulative Change (%)1
I.   Capacity
1.   ATK (in million)2	3,991.3	13.8	13.5	25,598.0	28.9
Domestic	2,630.0	-2.1	16.8	17,077.8	3.9
International	1,251.8	70.7	7.3	7,801.3	164.9
Regional	109.5	23.4	10.1	719.0	51.6
2.   ASK (in million)3	33,238.0	13.2	15.7	205,028.8	24.8
Domestic	23,627.7	0.0	18.5	146,303.1	3.6
International	8,658.1	73.7	9.0	52,740.7	174.4
Regional	952.2	28.0	11.0	5,985.1	54.7
3.   AFTK (in million)4	997.4	15.3	7.4	7,119.5	41.1
Domestic	505.8	-10.0	10.3	3,915.6	5.0
International	472.2	66.3	4.6	3,049.5	151.6
Regional	19.4	4.6	4.0	154.4	46.4
II.  Traffic
1.   RTK (in million)5	2,706.4	23.7	10.8	16,935.7	44.1
Domestic	1,779.9	7.6	12.8	11,267.8	15.6
International	854.9	78.4	6.8	5,229.4	199.5
Regional	71.6	29.5	11.7	438.5	68.3
2.   RPK (in million)6	26,653.1	20.4	16.0	162,866.7	38.5
Domestic	19,171.0	6.8	17.6	118,137.2	15.0
International	6,767.9	86.5	11.8	40,392.9	228.3
Regional	714.2	27.9	14.3	4,336.5	69.8
3.   RFTK (in million)7	409.6	44.5	-0.4	2,646.7	88.2
Domestic	130.6	16.8	-5.5	926.1	28.9
International	273.2	63.1	2.4	1,683.1	152.2
Regional	5.7	41.7	-7.9	37.5	84.1
4.   Number of Passengers carried (in thousand)	14,508.5	13.4	15.7	89,467.9	25.4
Domestic	12,529.5	7.2	16.1	77,690.6	15.5
International	1,528.4	102.6	12.5	9,064.3	261.3
Regional	450.6	28.4	14.6	2,713.0	70.5
5.   Total Cargo and Mail carried (in tonnes)	120,798.7	28.9	-2.8	822,397.0	51.8
Domestic	76,693.7	14.0	-5.9	549,431.4	27.1
International	40,537.8	70.4	4.1	249,491.7	160.1
Regional	3,567.1	34.4	-7.2	23,473.9	72.9
III.     Load Factor
1.   Passenger Load Factor (%)8	80.2	4.8	0.2	79.4	7.9
Domestic	81.1	5.2	-0.6	80.7	8.0
International	78.2	5.4	1.9	76.6	12.6
Regional	75.0	0.0	2.2	72.5	6.4
2.   Cargo and Mail Load Factor (%)9	41.1	8.3	-3.2	37.2	9.3
Domestic	25.8	5.9	-4.3	23.7	4.4
International	57.9	-1.2	-1.3	55.2	0.1
Regional	29.5	7.7	-3.8	24.3	5.0
3.   Overall Load Factor (%)10	67.8	5.4	-1.6	66.2	6.9
Domestic	67.7	6.1	-2.4	66.0	6.6
International	68.3	3.0	-0.3	67.0	7.7
Regional	65.4	3.1	0.9	61.0	6.0

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 August 2024

 

END