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Air China Ld

Regulatory Filings Jun 14, 2019

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RNS Number : 1859C

Air China Ld

14 June 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 MAY 2019

The enclosed announcement (the "SSE Announcement") was published by Air China Limited (the "Air China") on the Shanghai Stock Exchange on 13 June 2019, which contains combined operating data for May 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,  13  June 2019

As at the date of this announcement, the directors of the Company are Mr. Cai Jianjiang, Mr. Song Zhiyong, Mr. Cao Jianxiong, 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 MAY 2019

In May 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 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 5.5% and 8.3% respectively. For domestic routes, passenger capacity increased by 2.3% and passenger traffic increased by 4.4%, as compared to the same period last year. For international routes, passenger capacity and passenger traffic increased by 9.1% and 13.6% respectively, as compared to the same period last year. Passenger capacity on regional routes increased by 20.3%, and passenger traffic recorded an increase of 20.5%, as compared to the same period last year. The overall passenger load factor was 80.1%, representing an increase of 2.1 percentage points as compared to the same period last year. The passenger load factor for domestic routes increased by 1.7 percentage points year-on-year, the passenger load factor for international routes increased by 3.2 percentage points and for regional routes increased by 0.2 percentage point year-on-year.

In terms of cargo operations, in May 2019, Cargo capacity (measured by available freight tonne kilometers (the "AFTK")) increased by 2.5% year-on-year. Cargo and mail  traffic  (measured  by  revenue freight tonne kilometers (the "RFTK")) decreased by 1.6%, the volume of cargo and mail  carried decreased by 1.5% as compared to the same period last  year.  The  cargo  load  factor  was  46.1%,  representing  a  year-on-year  decrease  of  1.9  percentage points.

In May 2019, the Group introduced two A350 and three A320 series aircraft, retired two A320 series aircraft. As at the end of May 2019, the Group operated a fleet of 675 aircraft, including 282 self- owned aircraft, 194 aircraft under finance lease and 199 aircraft under operating lease.

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

May 2019 Year-on- Year Change

(%)
Month-on-

Month Change

(%)
Cumulative

2019
Year-on-Year Cumulative

Change

(%)
I. Capacity
1. ATK (in million)1 3,101.9 4.6 0.9 15,380.2 5.5
Domestic 1,550.5 0.7 1.9 7,966.0 2.4
International 1,432.4 7.8 -0.1 6,845.9 8.5
Regional 118.9 22.0 0.3 568.3 15.8
2. ASK (in million)2 24,215.9 5.5 2.0 118,278.7 6.0
Domestic 13,723.8 2.3 3.3 68,368.1 3.6
International 9,506.4 9.1 0.2 45,219.4 9.0
Regional 985.6 20.3 1.2 4,691.1 15.3
3. AFTK (in million)3 917.5 2.5 -1.4 4,707.9 4.4
Domestic 315.8 -4.9 -3.0 1,812.1 -1.3
International 575.8 6.2 -0.5 2,770.7 8.0
Regional 25.9 26.9 -2.9 125.1 15.8
II. Traffic
1. RTK (in million)4 2,151.8 6.0 1.3 10,404.8 4.8
Domestic 1,120.1 3.2 1.7 5,573.2 2.5
International 950.8 8.3 1.0 4,442.2 6.9
Regional 80.9 19.2 -0.6 389.3 16.1
2. RPK (in million)5 19,399.9 8.3 0.9 95,894.0 6.7
Domestic 11,179.4 4.4 2.0 56,240.7 3.4
International 7,440.2 13.6 -0.4 35,844.8 11.3
Regional 780.4 20.5 -1.3 3,808.4 17.9
3. RFTK (in million)6 423.3 -1.6 1.9 1,936.2 -1.4
Domestic 125.3 -2.9 -0.6 612.5 -2.3
International 290.1 -1.2 3.1 1,288.0 -1.0
Regional 8.0 5.2 1.3 35.7 -0.9
4. Number of Passengers carried (in thousand) 9,494.3 6.7 1.5 47,290.4 5.6
Domestic 7,572.6 4.2 2.7 37,682.6 3.1
International 1,426.5 16.1 -3.4 7,194.2 16.1
Regional 495.2 21.3 -1.2 2,413.6 17.7
5. Total Cargo and Mail carried (in tonnes) 119,981.3 -1.5 -0.3 573,404.2 -0.9
Domestic 76,852.1 -2.8 -0.6 375,753.7 -2.4
International 38,431.9 0.8 0.0 176,197.7 2.9
Regional 4,697.3 0.9 2.3 21,452.8 -3.4
May 2019 Year-on- Year Change

(%)
Month-on-

Month Change

(%)
Cumulative

2019
Year-on-Year Cumulative

Change

(%)
III.Load Factor
1. Passenger Load Factor (%)7 80.1 2.1 -0.9 81.1 0.5
Domestic 81.5 1.7 -1.1 82.3 -0.2
International 78.3 3.2 -0.5 79.3 1.6
Regional 79.2 0.2 -2.0 81.2 1.8
2. Cargo and Mail Load Factor (%)8 46.1 -1.9 1.5 41.1 -2.4
Domestic 39.7 0.8 1.0 33.8 -0.3
International 50.4 -3.7 1.7 46.5 -4.2
Regional 30.8 -6.4 1.3 28.5 -4.8
3. Overall Load Factor (%)9 69.4 0.9 0.3 67.7 -0.5
Domestic 72.2 1.8 -0.1 70.0 0.1
International 66.4 0.3 0.7 64.9 -1.0
Regional 68.0 -1.6 -0.6 68.5 0.2

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

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  June 2019

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.

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