ANNOUNCEMENT ON KEY OPERATING DATA OF JUNE 2022

RNS Number : 7742S
Air China Ld
18 July 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.

 

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 JUNE 2022

 

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

 

In June 2022, Air China Limited (the "Company") and its subsidiaries (the "Group") recorded a year-on-year decrease 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 decrease of 40.5% and a month-on-month increase of 53.2%. Passenger traffic recorded a year-on-year decrease of 47.6% and a month-on-month increase of 73.3%. Among which, for domestic routes, passenger capacity decreased by 40.1% year on year and increased by 55.3% month on month, and passenger traffic decreased by 47.4% year on year and increased by 75.8% month on month. For international routes, passenger capacity decreased by 23.7% and increased by 17.8% as compared to the same period last year and the previous month, respectively, and passenger traffic decreased by 18.1% and increased by 21.0% as compared to the same period last year and the previous month, respectively. For regional routes, passenger capacity decreased by 76.8% and increased by 13.2% as compared to the same period last year and the previous month, respectively, and passenger traffic recorded a decrease of 85.7% year on year and an increase of 20.0% month on month. The overall passenger load factor was 63.1%, representing a decrease of 8.5 percentage points as compared to the same period last year and an increase of 7.3 percentage points as compared to the previous month. Among which, the passenger load factor for domestic routes decreased by 8.8 percentage points year on year and increased by 7.4 percentage points month on month, the passenger load factor for international routes increased by 3.6 percentage points and increased 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 decreased by 22.7 percentage points year on year and increased by 2.1 percentage points month on month.

 

In terms of cargo operations, cargo capacity (measured by available freight tonne kilometers (the "AFTK")) decreased by 12.5% year on year and decreased by 6.5% month on month. Cargo and mail traffic (measured by revenue freight tonne kilometers (the "RFTK")) decreased by 0.3% year on year and decreased by 5.8% month on month. The cargo load factor was 46.2%, representing a year-on-year increase of 5.7 percentage points and a month-on-month increase of 0.3 percentage points.

 

In June 2022, the Group introduced two A321NEO aircraft, one A320NEO aircraft, retired one B737- 800 aircraft, one A319 aircraft. As at the end of June 2022, the Group operated a fleet of 748 aircraft, including 304 self-owned aircraft, 239 aircraft under finance lease and 205 aircraft under operating lease.

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

 


 

 

 

June 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

1,430.2

- 28.9

15.4

9,162.0

- 29.1

Domestic

810.4

- 42.7

44.6

4,961.9

- 46.6

International

603.6

7.6

- 9.0

4,059.6

17.9

Regional

16.2

- 56.6

4.5

140.5

- 24.5

2. ASK (in million)3

7,762.6

- 40.5

53.2

44,282.0

- 46.3

Domestic

7,450.5

- 40.1

55.3

41,869.8

- 47.1

International

246.2

- 23.7

17.8

1,595.4

- 24.3

Regional

65.9

- 76.8

13.2

816.8

- 36.9

3. AFTK (in million)4

732.0

- 12.5

- 6.5

5,172.3

- 5.9

Domestic

140.7

- 52.3

9.3

1,195.9

- 45.3

International

581.5

9.3

- 9.7

3,916.1

20.4

Regional

9.8

4.8

0.2

60.3

3.3

II. Traffic






1 RTK (in million) 5

775.0

- 33.9

26.5

4,481.4

- 38.3

Domestic

497.7

- 45.0

61.0

2,746.1

- 51.8

International

271.2

9.4

- 8.9

1,675.9

13.1

Regional

6.1

- 69.9

11.2

59.3

- 34.8

2. RPK (in million)6

4,895.7

- 47.6

73.3

26,756.9

- 54.1

Domestic

4,743.3

- 47.4

75.8

25,796.5

- 54.4

International

128.2

- 18.1

21.0

572.6

- 36.0

Regional

24.3

- 85.7

20.0

387.8

- 46.7

3. RFTK (in million)7

338.6

- 0.3

- 5.8

2,104.5

1.4

Domestic

74.9

- 26.6

10.8

458.3

- 30.0

International

259.9

11.1

- 9.9

1,625.1

15.9

Regional

3.7

11.8

6.9

21.0

12.5


 

 

 

June 2022

 

Year- on-Year Change (%) 1

 

Month- on-Month Change (%) 1

 

 

Cumulative

2022

Year- on-Year Cumulative Change (%) 1

4. Number of Passengers carried (in thousand)

 

3,158.3

 

- 49.7

 

74.7

 

17,373.0

 

- 55.0

Domestic

3,124.5

- 49.3

75.5

17,051.6

- 55.2

International

20.1

- 15.1

23.1

94.6

- 35.1

Regional

13.7

- 86.3

24.7

226.9

- 48.6

5. Total Cargo and Mail carried (in tonnes)

 

79,498.0

 

- 16.6

 

0.7

 

486,513.6

 

- 19.0

Domestic

45,024.7

- 29.6

10.6

276,117.9

- 31.7

International

32,133.5

10.1

- 11.0

197,180.8

7.2

Regional

2,339.8

6.8

9.6

13,214.8

9.8

III. Load Factor






1. Passenger Load Factor (%) 8

 

63.1

 

- 8.5

 

7.3

 

60.4

 

- 10.2

Domestic

63.7

- 8.8

7.4

61.6

- 10.0

International

52.1

3.6

1.4

35.9

- 6.5

Regional

36.9

- 22.7

2.1

47.5

- 8.7

2. Cargo and Mail Load Factor (%)9

 

46.2

 

5.7

 

0.3

 

40.7

 

2.9

Domestic

53.2

18.6

0.7

38.3

8.4

International

44.7

0.7

- 0.1

41.5

- 1.6

Regional

37.8

2.4

2.4

34.8

2.8

3. Overall Load Factor (%)10

 

54.2

 

- 4.1

 

4.7

 

48.9

 

- 7.3

Domestic

61.4

- 2.6

6.2

55.3

- 5.9

International

44.9

0.8

0.0

41.3

- 1.8

Regional

37.5

- 16.4

2.2

42.2

- 6.7

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 July 2022

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