ANNOUNCEMENT ON SEPTEMBER 2024 KEY OPERATING DATA

Air China Ld

16 October 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 SEPTEMBER 2024

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

In September 2024, Air China Limited (the "Company") and its subsidiaries (the "Group") recorded a year-on-year 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 11.8%, passenger traffic recorded a year-on-year increase of 20.0%. Among which, for domestic routes, passenger capacity decreased by 0.1% year on year, and passenger traffic increased by 8.5% year on year. For international routes, passenger capacity increased by 55.4% as compared to the same period last year, and passenger traffic increased by 65.4% as compared to the same period last year. For regional routes, passenger capacity increased by 24.8% as compared to the same period last year, and passenger traffic recorded an increase of 28.3% year on year. The passenger load factor was 79.7% representing an increase of 5.5 percentage points as compared to the same period last year. Among which, the passenger load factor for domestic routes increased by 6.5 percentage points year on year, the passenger load factor for international routes increased by 4.5 percentage points as compared to the same period last year, and the passenger load factor for regional routes increased by 1.9 percentage points year on year.

In terms of cargo operations, cargo capacity (measured by available freight tonne kilometers (the "AFTK")) increased by 15.8% year on year. Cargo and mail traffic (measured by revenue freight tonne kilometers (the "RFTK")) increased by 27.6% year on year. The cargo load factor was 38.4%, representing a year-on-year increase of 3.6 percentage points.

Starting from 5 September 2024, the Company added Urumqi - Moscow route (three flights per week). Starting from 15 September 2024, the Company added Hangzhou - Hong Kong route (seven flights per week).

In September 2024, the Group introduced one ARJ21-700 aircraft and two B737 series aircraft. As at the end of September 2024, the Group operated a fleet of 924 aircraft, including 401 self-owned aircraft, 227 aircraft under finance lease and 296 aircraft under operating lease.

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

	September 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	3,685.7	12.9	-9.0	33,334.9	24.8
Domestic	2,359.9	-0.9	-11.3	22,098.9	2.6
International	1,229.8	52.2	-3.8	10,309.7	127.3
Regional	96.0	26.1	-13.7	926.3	44.8
2.   ASK (in million)3	29,470.0	11.8	-12.4	268,149.7	21.5
Domestic	20,356.3	-0.1	-14.5	190,473.1	2.6
International	8,309.6	55.4	-6.3	69,918.7	134.7
Regional	804.1	24.8	-17.0	7,757.9	47.2
3.   AFTK (in million)4	1,030.6	15.8	1.1	9,169.4	34.1
Domestic	528.6	-3.6	1.6	4,964.1	2.3
International	481.7	47.5	0.4	4,010.9	117.0
Regional	20.4	33.4	3.8	194.4	40.5
II.  Traffic
1.   RTK (in million)5	2,487.4	21.4	-10.7	22,209.6	38.2
Domestic	1,630.8	9.0	-11.5	14,741.4	13.9
International	799.4	57.2	-7.9	6,896.9	150.0
Regional	57.1	29.8	-24.6	571.4	57.3
2.   RPK (in million)6	23,476.1	20.0	-15.9	214,246.8	33.8
Domestic	16,633.1	8.5	-17.1	154,837.5	13.5
International	6,292.9	65.4	-11.1	53,766.2	168.2
Regional	550.1	28.3	-27.3	5,643.1	57.7
3.   RFTK (in million)7	395.8	27.6	0.2	3,437.5	71.2
Domestic	150.3	11.2	15.6	1,206.5	23.7
International	239.6	40.0	-7.4	2,181.7	117.1
Regional	5.9	56.8	-2.4	49.3	75.8
4.   Number of Passengers carried  (in thousand)	12,616.1	14.9	-17.3	117,336.0	22.7
Domestic	10,909.2	9.8	-17.0	101,748.4	14.0
International	1,361.0	73.8	-16.2	12,049.4	192.0
Regional	345.9	29.4	-27.8	3,538.2	58.1
5.   Total Cargo and Mail carried  (in tonnes)	128,527.3	18.4	8.5	1,069,338.6	42.6
Domestic	88,729.4	9.2	16.5	714,337.1	21.8
International	36,141.1	45.1	-6.0	324,073.4	123.9
Regional	3,656.8	51.2	-3.7	30,928.1	66.4
III. Load Factor
1.   Passenger Load Factor (%)8	79.7	5.5	-3.3	79.9	7.3
Domestic	81.7	6.5	-2.6	81.3	7.8
International	75.7	4.5	-4.1	76.9	9.6
Regional	68.4	1.9	-9.7	72.7	4.9
2.   Cargo and Mail Load  Factor (%)9	38.4	3.6	-0.3	37.5	8.1
Domestic	28.4	3.8	3.4	24.3	4.2
International	49.8	-2.7	-4.2	54.4	0.0
Regional	28.7	4.3	-1.8	25.4	5.1
3.   Overall Load Factor (%)10	67.5	4.7	-1.3	66.6	6.5
Domestic	69.1	6.2	-0.1	66.7	6.6
International	65.0	2.1	-2.9	66.9	6.1
Regional	59.5	1.7	-8.6	61.7	4.9

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 October 2024

 

END