Air China Ld

Regulatory Filings • Feb 16, 2022

National Storage Mechanism | Additional information

RNS Number : 8097B

Air China Ld

16 February 2022

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 JANUARY 2022

The enclosed announcement (the "SSE Announcement") was published by Air China Limited ("Air China") on the Shanghai Stock Exchange on 15 February 2022, which contains combined operating data of Air China and its subsidiaries (collectively, the "Group") for January 2022. 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

Huang Bin          Huen Ho Yin

Joint Company Secretaries

Beijing, the PRC, 15 February 2022

As at the date of this announcement, the directors of the Company are Mr. Song Zhiyong, Mr. Ma Chongxian, Mr. Feng Gang, Mr. Patrick Healy, Mr. Xue Yasong, 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 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 JANUARY 2022

In January 2022, Air China Limited (the "Company") and its subsidiaries (the "Group") recorded a year-on-year and a month-on-month 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 2.0% and a month-on-month increase of 10.3%. Passenger traffic recorded a year-on-year increase of 0.7% and a month-on-month increase of 3.7%. Among which, for domestic routes, passenger capacity increased by 2.5% year on year and increased by 10.7% month on month, and passenger traffic increased by 1.0% year on year and increased by 4.1% month on month. For international routes, passenger capacity decreased by 34.0% and 3.2% as compared to the same period last year and the previous month, respectively, and passenger traffic decreased by 51.8% and 36.7% as compared to the same period last year and the previous month, respectively. For regional routes, passenger capacity increased by 71.1% and 12.0% as compared to the same period last year and the previous month, respectively, and passenger traffic recorded an increase of 105.8% year on year and an increase of 28.3% month on month. The overall passenger load factor was 59.6%, representing a decrease of 0.8 percentage points as compared to the same period last year and a decrease of 3.8 percentage points as compared to the previous month. Among which, the passenger load factor for domestic routes decreased by 0.9 percentage points year on year and decreased by 3.9 percentage points month on month, the passenger load factor for international routes decreased by 10.4 percentage points and 15.0 percentage points as compared to the same period last year and the previous month, respectively, and the passenger load factor for regional routes increased by 8.9 percentage points year on year and increased by 6.7 percentage points month on month.

In terms of cargo operations, cargo capacity (measured by available freight tonne kilometers (the "AFTK")) increased by 34.3% year on year, and cargo and mail traffic (measured by revenue freight tonne kilometers (the "RFTK")) increased by 17.8% year on year. The cargo load factor was 36.7%, representing a year-on-year decrease of 5.1 percentage points.

In January 2022, the Group introduced one A320NEO aircraft, retired one A330-200 aircraft. As at the end of January 2022, the Group operated a fleet of 746 aircraft, including 303 self-owned aircraft, 234 aircraft under finance lease and 209 aircraft under operating lease.

The following table sets forth key operating data of January 2022:

	January 2022	Year-on-Year Change (%)1	Month- on-Month Change (%)1	Cumulative 2022	Year-on-Year Cumulative Change (%)1
I. Capacity
1. ATK (in million)2	2,032.4	16.0	6.4	2,032.4	16.0
Domestic	1,293.0	5.7	11.6	1,293.0	5.7
International	703.3	39.2	-2.1	703.3	39.2
Regional	36.1	50.1	9.7	36.1	50.1
2. ASK (in million)3	11,279.6	2.0	10.3	11,279.6	2.0
Domestic	10,742.8	2.5	10.7	10,742.8	2.5
International	286.0	-34.0	-3.2	286.0	-34.0
Regional	250.9	71.1	12.0	250.9	71.1
3. AFTK (in million)4	1,015.4	34.3	2.8	1,015.4	34.3
Domestic	326.4	16.4	14.6	326.4	16.4
International	677.6	45.4	-2.0	677.6	45.4
Regional	11.4	18.7	4.2	11.4	18.7
II. Traffic
1. RTK (in million)5	966.3	6.1	0.1	966.3	6.1
Domestic	678.7	-0.7	3.0	678.7	-0.7
International	271.4	24.8	-7.1	271.4	24.8
Regional	16.2	68.6	12.4	16.2	68.6
2. RPK (in million)6	6,725.8	0.7	3.7	6,725.8	0.7
Domestic	6,512.1	1.0	4.1	6,512.1	1.0
International	80.7	-51.8	-36.7	80.7	-51.8
Regional	133.0	105.8	28.3	133.0	105.8
3. RFTK (in million)7	372.6	17.8	-3.0	372.6	17.8
Domestic	105.4	-4.5	6.3	105.4	-4.5
International	264.3	30.4	-5.9	264.3	30.4
Regional	2.9	-7.1	-27.8	2.9	-7.1

	January 2022	Year-on-Year Change (%)1	Month- on-Month Change (%)1	Cumulative 2022	Year-on-Year Cumulative Change (%)1
4. Number of Passengers carried (in thousand)	4,397.7	-0.7	3.2	4,397.7	-0.7
Domestic	4,303.3	-1.3	2.9	4,303.3	-1.3
International	15.5	-48.2	-28.0	15.5	-48.2
Regional	78.9	91.8	31.7	78.9	91.8
5. Total Cargo and Mail carried (in tonnes)	97,214.7	-2.2	0.0	97,214.7	-2.2
Domestic	64,267.1	-6.9	5.9	64,267.1	-6.9
International	30,965.4	9.6	-9.0	30,965.4	9.6
Regional	1,982.1	-4.9	-22.0	1,982.1	-4.9
III. Load Factor
1. Passenger Load Factor (%)8	59.6	-0.8	-3.8	59.6	-0.8
Domestic	60.6	-0.9	-3.9	60.6	-0.9
International	28.2	-10.4	-15.0	28.2	-10.4
Regional	53.0	8.9	6.7	53.0	8.9
2. Cargo and Mail Load Factor (%)9	36.7	-5.1	-2.2	36.7	-5.1
Domestic	32.3	-7.1	-2.5	32.3	-7.1
International	39.0	-4.5	-1.6	39.0	-4.5
Regional	26.0	-7.2	-11.5	26.0	-7.2
3. Overall Load Factor (%)10	47.5	-4.4	-3.0	47.5	-4.4
Domestic	52.5	-3.4	-4.4	52.5	-3.4
International	38.6	-4.5	-2.1	38.6	-4.5
Regional	44.8	4.9	1.1	44.8	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 February 2022

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