ANNOUNCEMENT ON KEY OPERATING DATA

RNS Number : 9950S

Air China Ld

15 March 2019

 

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 FEBRUARY 2019

The enclosed announcement (the "SSE Announcement") was published by Air China Limited (the     "Air China") on the Shanghai Stock Exchange on 14  March  2019,  which  contains  combined  operating data for February 2019 for Air China and its subsidiaries (collectively, the "Group"). This announcement enclosing the SSE Announcement is made by Air China pursuant to Rule 13.10B of       the Rules Governing the Listing of Securities on the Stock Exchange of Hong Kong Limited.

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

By  Order  of  the Board

               Air  China  Limited Zhou Feng  Tam  Shuit Mui

Joint  Company Secretaries

Beijing,  the  PRC,  14  March 2019

As at the date of this announcement, the directors of the Company are Mr. Cai Jianjiang, Mr. Song Zhiyong, Mr. Xue Yasong, 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 2019

In February 2019, 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 and a decrease 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 6.1% and 7.8% respectively. For domestic  routes,  passenger  capacity and passenger traffic increased by 4.3% and 5.8% respectively,  as  compared  to  the  same period last year. For international routes, passenger capacity and passenger traffic increased by 9.1%     and 11.0% respectively, as compared to the same period last  year.  Passenger  capacity  on  regional routes increased by 7.9%, and passenger traffic recorded an increase of 11.9%, as compared to the    same period last year. The overall passenger load factor was 84.0%, representing an increase of 1.3 percentage points as compared to the same period last year. The passenger load factor for domestic, international and regional routes increased by 1.3, 1.4 and 2.9 percentage points year-on-year respectively.

In terms of cargo operations, in February 2019, cargo and mail traffic (measured by revenue freight   tonne kilometers (the "RFTK")) recorded a decrease as compared to the same period last year and compared to the same period last month. Cargo capacity (measured by available  freight  tonne  kilometers (the "AFTK")) increased by 3.9% year-on-year. Cargo and mail traffic decreased by 8.7%,  and the volume of cargo and mail carried decreased by 10.6% as compared to the same period last      year. The cargo load factor was 30.4%, representing a year-on-year decrease of 4.2 percentage points.

The Company launched a Beijing - Changzhi route (two times a week) on 1 February 2019.

In February 2019, the Group introduced three aircraft, including one A350, one A320, one B737MAX aircraft, and retired one A320 aircraft. As at the end of February 2019, the Group operated a fleet of     673 aircraft, including 279 self-owned aircraft, 191 aircraft under finance lease and 203 aircraft under operating lease.

The following table sets forth key operating data for February 2019:

	February 2019	Year-on-Year Change (%)	Month-on- Month Change (%)	Cumulative 2019	Year-on-Year Cumulative Change (%)
I. Capacity
1. ATK (in million)1	2,917.3	5.4	-8.8	6,114.8	7.8
Domestic	1,575.7	2.7	-7.8	3,285.0	6.7
International	1,231.8	8.9	-10.5	2,607.8	9.0
Regional	109.7	7.3	-2.2	221.9	12.0
2. ASK (in million)2	22,259.9	6.1	-8.7	46,629.2	8.0
Domestic	13,251.6	4.3	-8.0	27,651.4	7.3
International	8,105.5	9.1	-10.4	17,154.6	8.9
Regional	902.8	7.9	-1.9	1,823.2	11.9
3. AFTK (in million)3	908.8	3.9	-9.0	1,907.3	7.4
Domestic	383.2	-1.9	-7.2	795.9	4.8
International	501.2	8.9	-10.6	1,061.8	9.4
Regional	24.4	2.8	-3.5	49.7	10.4
II. Traffic
1. RTK (in million)4	1,895.1	5.0	-10.5	4,012.2	6.6
Domestic	1,066.7	4.4	-7.5	2,219.7	6.0
International	755.5	5.3	-14.8	1,642.6	6.8
Regional	72.9	10.2	-5.4	150.0	14.1
2. RPK (in million)5	18,700.6	7.8	-3.9	38,155.0	9.5
Domestic	11,410.8	5.8	-0.4	22,866.6	7.5
International	6,545.3	11.0	-9.7	13,790.2	12.2
Regional	744.5	11.9	-1.2	1,498.2	16.2
3. RFTK (in million)6	276.2	-8.7	-32.5	685.4	-3.6
Domestic	81.7	-12.5	-45.1	230.6	-3.6
International	190.0	-6.8	-24.8	442.8	-3.6
Regional	4.6	-14.7	-39.3	12.0	-6.5
4. Number of Passengers carried (in thousand)	9,385.3	6.9	-2.0	18,966.8	9.2
Domestic	7,551.4	5.3	-1.3	15,204.3	7.4
International	1,357.7	14.9	-6.8	2,814.8	17.2
Regional	476.1	10.9	1.0	947.7	15.5
5. Total Cargo and Mail carried (in tonnes)	78,719.6	-10.6	-40.0	209,934.2	-2.7
Domestic	49,881.9	-13.3	-45.4	141,219.5	-3.9
International	26,065.1	-4.3	-26.1	61,348.0	0.9
Regional	2,772.5	-14.5	-39.7	7,366.6	-7.6

	February 2019	Year-on-Year Change (%)	Month-on- Month Change (%)	Cumulative 2019	Year-on-Year Cumulative Change (%)
III.Load Factor
1. Passenger Load Factor (%)7	84.0	1.3	4.2	81.8	1.1
Domestic	86.1	1.3	6.6	82.7	0.2
International	80.8	1.4	0.7	80.4	2.3
Regional	82.5	2.9	0.6	82.2	3.1
2. Cargo and Mail Load Factor (%)8	30.4	-4.2	-10.6	35.9	-4.1
Domestic	21.3	-2.6	-14.7	29.0	-2.5
International	37.9	-6.3	-7.2	41.7	-5.6
Regional	18.7	-3.8	-11.0	24.2	-4.4
3. Overall Load Factor (%)9	65.0	-0.3	-1.3	65.6	-0.8
Domestic	67.7	1.1	0.2	67.6	-0.4
International	61.3	-2.1	-3.1	63.0	-1.3
Regional	66.5	1.8	-2.2	67.6	1.3

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

1.         

As at 28 December 2018, the Company has completed the disposal of 51% equity interests in Air     China Cargo Co., Ltd. ("Air China Cargo") to China National Aviation Capital Holding Co., Ltd.,      and the Company no longer holds any equity interests in Air China Cargo. Since January 2019, the temporary announcements and periodic reports of the Company shall no longer  contain  fleet  information of Air China Cargo, and the operating data of the Group shall only include freight data of bellyhold space in passenger aircraft. The freight data for the previous periods shall no longer include   Air China Cargo's freight data of all freighters and shall be adjusted to a comparable basis.

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,  14  March, 2019

 

END

 

 

MSCMMGMFNKMGLZG