ANNOUNCEMENT ON NOVEMBER 2024 KEY OPERATING DATA

Air China Ld

16 December 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 NOVEMBER 2024

The enclosed announcement (the "SSE Announcement") was published by Air China Limited (the "Air China") on the Shanghai Stock Exchange on 13 December 2024, which contains combined operating data for November 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, 13 December 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 NOVEMBER 2024

In November 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 12.9%, passenger traffic recorded a year-on-year increase of 22.0%. Among which, for domestic routes, passenger capacity increased by 3.2% year on year, and passenger traffic increased by 10.8% year on year. For international routes, passenger capacity increased by 43.7% year on year, and passenger traffic increased by 63.2% year on year. For regional routes, passenger capacity increased by 19.0% year on year, and passenger traffic recorded an increase of 30.0% year on year. The passenger load factor was 79.3%, representing an increase of 5.9 percentage points as compared to the same period last year. Among which, the passenger load factor for domestic routes increased by 5.6 percentage points year on year, the passenger load factor for international routes increased by

8.9 percentage points year on year, and the passenger load factor for regional routes increased by 6.1 percentage points year on year.

In terms of cargo operations, cargo capacity (measured by available freight tonne kilometers (the "AFTK")) increased by 18.4% year on year. Cargo and mail traffic (measured by revenue freight tonne kilometers (the "RFTK")) increased by 20.9% year on year. The cargo load factor was 38.3%, representing a year-on-year increase of 0.8 percentage point.

In November 2024, the Group introduced one ARJ21-700 aircraft and one C919 aircraft. As at the end of November 2024, the Group operated a fleet of 927 aircraft, including 402 self-owned aircraft, 229 aircraft under finance lease and 296 aircraft under operating lease.

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

	November 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	3,662.6	14.6	-7.3	40,950.6	22.9
Domestic	2,300.9	2.9	-9.8	26,950.0	2.6
International	1,254.5	43.6	-3.0	12,857.4	105.9
Regional	107.1	22.4	-2.4	1,143.2	41.3
2. ASK (in million)3	28,265.9	12.9	-7.9	327,121.6	20.0
Domestic	19,152.9	3.2	-9.9	230,886.8	2.7
International	8,248.1	43.7	-3.6	86,721.3	111.3
Regional	864.9	19.0	-2.9	9,513.5	42.4
3. AFTK (in million)4	1,113.8	18.4	-6.0	11,467.9	30.8
Domestic	577.3	2.1	-9.4	6,178.4	2.2
International	511.0	43.3	-2.1	5,043.9	98.2
Regional	25.5	35.7	-1.2	245.7	40.8
II. Traffic
1. RTK (in million)5	2,432.4	21.9	-8.9	27,313.3	35.1
Domestic	1,545.9	11.0	-11.9	18,042.5	13.5
International	822.2	48.4	-3.4	8,569.8	122.6
Regional	64.3	30.3	-1.5	701.0	52.6
2. RPK (in million)6	22,424.8	22.0	-10.8	261,805.5	31.5
Domestic	15,646.6	10.8	-13.8	188,626.9	13.0
International	6,153.2	63.2	-3.2	66,277.7	139.6
Regional	625.1	30.0	-1.2	6,900.9	52.5
3. RFTK (in million)7	427.0	20.9	-3.4	4,306.5	60.2
Domestic	149.4	13.3	-0.8	1,506.5	22.1
International	271.8	25.1	-4.6	2,738.5	93.0
Regional	5.8	37.3	-10.2	61.5	72.8

	November 2024	Year-on-Year Change (%)1	Month-on-Month Change (%)1	Cumulative 2024	Year-on-Year Cumulative Change (%)1
4. Number of Passengers carried (in thousand)	12,172.6	17.5	-12.0	143,344.2	21.8
Domestic	10,409.9	12.4	-13.5	124,193.6	13.8
International	1,366.0	70.0	-2.7	14,818.8	158.0
Regional	396.7	32.4	0.0	4,331.8	52.9
5. Total Cargo and Mail carried (in tonnes)	134,835.1	17.4	-2.0	1,341,732.2	38.0
Domestic	91,161.2	13.5	-0.4	896,984.5	20.7
International	39,923.4	25.8	-5.0	406,013.2	97.9
Regional	3,750.4	33.6	-7.5	38,734.5	63.4
III. Load Factor
1. Passenger Load Factor (%)8	79.3	5.9	-2.5	80.0	7.0
Domestic	81.7	5.6	-3.6	81.7	7.5
International	74.6	8.9	0.3	76.4	9.0
Regional	72.3	6.1	1.2	72.5	4.8
2. Cargo and Mail Load Factor (%)9	38.3	0.8	1.0	37.6	6.9
Domestic	25.9	2.6	2.2	24.4	4.0
International	53.2	-7.7	-1.4	54.3	-1.5
Regional	22.6	0.3	-2.3	25.0	4.6
3. Overall Load Factor (%)10	66.4	4.0	-1.2	66.7	6.0
Domestic	67.2	4.9	-1.6	66.9	6.4
International	65.5	2.1	-0.3	66.7	5.0
Regional	60.0	3.6	0.5	61.3	4.5

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 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, 13 December 2024

 

END