ANNOUNCEMENT ON KEY OPERATING DATA OF MAY 2019

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


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