ANNOUNCEMENT ON KEY OPERATING DATA OF OCTOBER 2020

RNS Number : 5123F

Air China Ld

17 November 2020

 

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 OCTOBER 2020

The enclosed announcement (the "SSE Announcement") was published by  Air  China  Limited (the "Air China") on the Shanghai Stock Exchange on 16 November 2020, which contains combined operating data for October 2020 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

       Zhou Feng

      Company Secretary

Beijing, the PRC, 16 November 2020

As at the date of this announcement, the directors of the Company are Mr. Cai Jianjiang, Mr. Song Zhiyong, Mr. Feng Gang, Mr. Patrick Healy, Mr. Xue Yasong, Mr. Wang Xiaokang*, Mr. Duan  Hongyi*, Mr. Stanley Hui Hon-chung* and Mr. Li Dajin*.

*  Independent non-executive director of the Company

SSE ANNOUNCEMENT

The SSE Announcement is written inChinese, 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 OCTOBER 2020

In October 2020, Air China Limited (the "Company"), and its subsidiaries (the "Group") recorded decrease in combined passenger traffic (measured by revenue passenger kilometers (the "RPK")) as compared to the same period last year and recorded increase as compared to last month. Passenger capacity (measured by available seat kilometers (the "ASK")) recorded a year-on-year decrease of 29.2% and a month-on-month increase of 10.4%. Passenger traffic recorded a year-on-year decrease of 35.3% and a month-on-month increase of 8.8%. For domestic routes, passenger capacity recorded a year-on-year increase of 13.7% and a month-on-month increase of 9.8%; passenger traffic recorded a year-on-year increase of 2.6% and a month-on-month increase of 8.3%. For international routes, passenger capacity increased by 11.2% and passenger traffic increased by 11.1%, as compared to last month. Passenger capacity on regional routes increased by 102.2% and passenger traffic increased by 428.4%, as compared to last month. The overall passenger load factor was 74.6%, representing a decrease of 1.1 percentage points as compared to last month. The passenger load factor for domestic routes decreased by 1.1 percentage points and for international routes decreased  by  0.1  percentage point as compared to last month, and the passenger load factor for regional routes increased by 26.4 percentage points month-on-month.

In terms of cargo operations, cargo capacity (measured by available freight tonne kilometers (the "AFTK")) increased by 12.1% year-on-year and 17.6% month-on-month. Cargo and mail traffic (measured by revenue freight tonne kilometers (the "RFTK")) decreased by 12.4% year-on-year and increased by 6.0% month-on-month. The cargo load factor was 35.9%, representing a year-on-year decrease of 10.1 percentage points and a month-on-month decrease of 3.9 percentage points.

In October 2020, the Group introduced one ARJ21 aircraft, one A320NEO aircraft, and retired one  A320 aircraft. As at the end of October  2020, the Group  operated  a  fleet  of  703 aircraft, including  293 self-owned aircraft, 208 aircraft under finance lease and 202 aircraft under operating lease.

The new routes opened in October 2020 are as follows:

Route	Flight Frequency	Start Date
Beijing, Capital International Airport (PEK) - Hengyang	seven flights per week	25 October 2020
Beijing, Daxing International Airport (PKX) - Bazhong	seven flights per week	25 October 2020
Chengdu - Boao	seven flights per week	25 October 2020
Chengdu - Shiyan	four flights per week	25 October 2020
Chengdu - Shijiazhuang	seven flights per week	25 October 2020
Hefei  - Guilin	seven flights per week	25 October 2020
Nanchang - Shijiazhuang	seven flights per week	25 October 2020
Nanchang - Xi'an	seven flights per week	25 October 2020
Shanghai, Pudong International Airport (PVG) - Xining - Urumqi	seven flights per week	25 October 2020
Shanghai, Pudong International Airport (PVG) -Huizhou	seven flights per week	25 October 2020
Shanghai, Pudong International Airport (PVG) - Boao	three flights per week	26 October 2020
Shanghai, Pudong International Airport (PVG) - Zhuhai	seven flights per week	25 October 2020
Hangzhou - Shantou	seven flights per week	25 October 2020
Hangzhou - Erdos	four flights per week	25 October 2020
Wenzhou - Nanning	four flights per week	25 October 2020
Tianjin - Ningbo	seven flights per week	25 October 2020
Wuhan - Shanghai, Pudong International Airport (PVG)	seven flights per week	25 October 2020

The following table sets forth key operating data for October 2020:

	October 2020	Year-on-Year Change (%)1	Month-on- Month Change (%)1	Cumulative 2020	Year-on-Year Cumulative Change (%)1
I. Capacity
1. ATK (in million)2	2,574.7	-17.0	13.3	18,781.5	-38.9
Domestic	1,947.2	16.4	14.7	11,985.3	-24.8
International	603.6	-54.6	7.7	6,572.5	-52.0
Regional	23.9	-75.6	53.6	223.7	-79.7
2. ASK (in million)3	17,067.3	-29.2	10.4	124,822.6	-48.0
Domestic	16,279.9	13.7	9.8	105,681.1	-24.1
International	608.9	-93.2	11.2	17,637.2	-80.7
Regional	178.5	-79.0	102.2	1,504.4	-83.7
3. AFTK (in million)4	1,037.9	12.1	17.6	7,544.6	-17.0
Domestic	483.0	25.4	32.5	2,484.6	-27.5
International	548.7	4.9	7.4	4,981.0	-8.4
Regional	6.3	-63.7	-8.8	79.0	-65.2
II. Traffic
1. RTK (in million)5	1,505.6	-30.8	7.7	10,562.5	-50.1
Domestic	1,232.4	2.0	5.8	7,683.6	-32.8
International	263.4	-71.0	15.1	2,783.5	-69.1
Regional	9.8	-83.6	142.4	95.5	-87.1
2. RPK (in million)6	12,735.9	-35.3	8.8	88,003.4	-54.9
Domestic	12,388.2	2.6	8.3	75,904.2	-34.2
International	271.3	-96.1	11.1	11,327.1	-84.4
Regional	76.4	-87.1	428.4	772.0	-89.3
3. RFTK (in million)7	372.9	-12.4	6.0	2,788.8	-29.8
Domestic	131.3	-4.2	-7.4	969.9	-23.7
International	239.4	-15.9	15.5	1,796.6	-31.9
Regional	2.2	-44.7	-15.0	22.3	-66.1
4. Number of Passengers carried (in thousand)	8,463.4	-13.8	8.2	54,347.5	-43.5
Domestic	8,372.3	3.6	7.7	51,682.8	-33.2
International	42.9	-96.8	10.0	2,168.3	-84.8

	October 2020	Year-on-Year Change (%)1	Month-on- Month Change (%)1	Cumulative 2020	Year-on-Year Cumulative Change (%)1
Regional	48.3	-87.1	414.3	496.4	-89.3
5.TotalCargoandMailcarried(intonnes)	116,652.8	-8.2	-3.2	877,716.5	-25.5
Domestic	83,168.0	-2.7	-6.9	613,277.0	-21.6
International	31,966.7	-17.8	9.2	248,927.7	-30.2
Regional	1,518.1	-44.7	-19.1	15,511.8	-61.1
III. Load Factor
1. Passenger Load Factor (%)8	74.6	-7.0	-1.1	70.5	-10.9
Domestic	76.1	-8.3	-1.1	71.8	-11.0
International	44.6	-33.9	-0.1	64.2	-15.2
Regional	42.8	-26.8	26.4	51.3	-27.0
2. Cargo and Mail Load Factor (%)9	35.9	-10.1	-3.9	37.0	-6.8
Domestic	27.2	-8.4	-11.7	39.0	1.9
International	43.6	-10.8	3.1	36.1	-12.4
Regional	35.5	12.2	-2.6	28.2	-0.7
3. Overall Load Factor (%)10	58.5	-11.7	-3.0	56.2	-12.7
Domestic	63.3	-8.9	-5.4	64.1	-7.6
International	43.6	-24.6	2.8	42.4	-23.5
Regional	41.1	-20.0	15.1	42.7	-24.5

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 seatkilometer

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, 16  November 2020

 

END

 

 

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