ANNOUNCEMENT ON KEY OPERATING DATA OF OCTOBER 2017

RNS Number : 6532W
Air China Ld
16 November 2017
 

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.

 

 

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 OCTOBER 2017

 

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The enclosed announcement (the "SSE Announcement") was published by Air China Limited (the "Air China") on the Shanghai Stock Exchange on 13 October 2017, which contains combined operating data for September 2017 for Air China and its subsidiaries (collectively, the "Group").

 

This announcement enclosing the SSE Announcement is made by Air China pursuant to Rule 13.09 and Rule 13.10B of the Listing Rules and the Inside Information Provisions (as defined in the Listing Rules) under Part XIVA of the SFO. 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.

 

This announcement enclosing the SSE Announcement is made by Air China pursuant to Rule 13.09 and Rule 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 "SFO").

 

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 advised to exercise caution in dealing in shares of Air China.

 

By Order of the Board

                                                                                                                                                               Air China Limited

Zhou Feng          Tam Shuit Mui

Joint Company Secretaries

 

Beijing, the PRC, 15 November 2017

 

As at the date of this announcement, the directors of the Company are Mr. Cai Jianjiang, Mr. Song Zhiyong, 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 OCTOBER 2017

 

In October 2017, 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 last month. Passenger capacity (measured by available seat kilometers (the "ASK")) and passenger traffic recorded a year-on-year increase of 8.6% and 8.1% respectively. For domestic routes, passenger capacity and passenger traffic increased by 7.4% and 5.1% respectively, as compared to the same period last year. For international routes, passenger capacity and passenger traffic increased by 11.1% and 13.1% respectively, as compared to the same period last year. Passenger capacity and passenger traffic on regional routes increased by 3.4% and 13.5% respectively, as compared to the same period last year. The overall passenger load factor was 81.0%, representing a decline of 0.4 percentage points as compared to the same period last year. The passenger load factor for domestic routes dropped by 1.9 percentage points while the passenger load factor for international and regional routes saw an increase of 1.4 and 7.2 percentage points respectively.

 

In terms of cargo operations, in October 2017, cargo and mail traffic (measured by revenue freight tonne kilometers (the "RFTK")) continued to maintain an increase on both a year-on-year basis and a month-on-month basis but freight tonnage carried recorded a slight decrease as compared to the same period of last month. Cargo capacity (measured by available freight tonne kilometers (the "AFTK")) increased by 9.9% year-on-year. Cargo and mail traffic increased by 14.1% and the volume of cargo and mail carried rose by 6.1% as compared to the same period last year. The cargo load factor was 58.0% in October 2017, representing a year-on-year growth of 2.2 percentage points.

 

In October 2017, the Group introduced two aircraft in total, including one A319 aircraft and one B737- 700 aircraft, and retired two B737-800 aircraft. As at the end of October 2017, the Group operated a fleet of 643 aircraft, including 253 self-owned aircraft, 185 aircraft under finance lease and 205 aircraft under operating lease.

 

The following table sets forth the Company's new routes in October 2017:

 

Launch Date

Route

Frequency

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

29 October 2017

Beijing-Harbin-Jiansanjiang

four times a week

Beijing-Chaoyang-Songyuan

seven times a week

Guiyang-Hefei-Changchun

seven times a week

Guiyang-Haikou

seven times a week

Hefei-Yinchuan

seven times a week

Wuhan-Zhanjiang

three times a week

Wuhan-Changchun

seven times a week

Chongqing-Nanchang

seven times a week

Zhuhai-Dazhou

seven times a week

Wanzhou-Ningbo

four times a week

Zhuhai-Yuncheng

seven times a week

Guangzhou-Ningbo

seven times a week

Guangzhou-Yinchuan

seven times a week

seven times a week

Guangzhou-Urumqi

seven times a week

Yinchuan-Shijiazhuang

seven times a week

Zhengzhou-Dali

seven times a week

Hohhot-Nanjing

seven times a week

Hohhot-Xiamen

four times a week

Hohhot-Changchun

three times a week

Tianjin-Maotai

three times a week

Tianjin-Yuncheng-Guilin

four times a week

Hangzhou-Lanzhou-Korla

seven times a week

Hangzhou-Yancheng-Yinchuan

seven times a week

Dalian-Nanjing-Fuzhou

four times a week

Dalian-Jinan-Changsha

four times a week

Dalian-Chengdu

seven times a week

Dalian-Xi'an

seven times a week

Shanghai-Bangkok

seven times a week

 

31 October 2017

Beijing-Maotai

three times a week

Chengdu-Hami

three times a week

 

The following table sets forth key operating data for October 2017:

 

 

 

 

October

2017

 

Year- on-Year Change (%)

 

Month- on-Month Change (%)

 

 

Cumulative

2017

Year- on-Year Cumulative Change (%)

I. Capacity

 

 

 

 

 

1. ATK (in million)1

3,175.9

9.1

3.7

29,410.1

4.7

Domestic

1,545.9

8.9

4.1

14,397.3

7.5

International

1,532.8

9.6

3.2

14,072.8

2.5

Regional

97.2

4.7

6.0

940.0

-3.2

2. ASK (in million)2

21,915.8

8.6

3.1

205,238.8

5.4

Domestic

13,022.4

7.4

3.0

122,586.5

5.4

International

8,116.2

11.1

2.9

75,079.1

6.5

Regional

777.2

3.4

5.3

7,573.2

-3.6

3. AFTK (in million)3

1,198.8

9.9

4.7

10,898.8

3.5

Domestic

374.4

13.3

7.2

3,374.4

14.8

International

800.3

8.3

3.5

7,296.6

-0.9

Regional

24.2

9.0

8.2

227.8

-1.8

II. Traffic

 

 

 

 

 

1. RTK (in million)4

2,273.9

9.7

4.2

20,935.0

6.5

Domestic

1,108.2

3.6

3.3

10,352.0

4.8

International

1,098.2

16.2

4.9

9,949.2

8.7

Regional

67.5

13.5

5.9

633.8

0.8

2. RPK (in million)5

17,746.6

8.1

4.6

166,628.3

5.8

Domestic

10,882.2

5.1

5.9

101,925.1

5.5

International

6,243.4

13.1

2.1

58,835.5

7.0

Regional

620.9

13.5

7.4

5,867.8

0.1

3. RFTK (in million)6

694.8

14.1

4.4

6,181.8

8.4

Domestic

143.5

-3.5

-6.8

1,348.0

1.1

International

541.4

19.9

8.0

4,741.4

10.7

Regional

9.9

13.4

0.0

92.4

5.8

 

 

 

 

 

October

2017

 

Year- on-Year Change (%)

 

Month- on-Month Change (%)

 

 

Cumulative

2017

Year- on-Year Cumulative Change (%)

4. Number of Passengers carried (in thousand)

 

8,986.6

 

5.4

 

5.8

 

84,363.2

 

4.2

Domestic

7,432.8

4.8

6.0

69,453.3

5.2

International

1,159.1

6.9

3.8

11,172.3

-0.4

Regional

394.8

13.3

7.7

3,737.6

-0.5

5. Total Cargo and Mail carried (in tonnes)

 

165,305.9

 

6.1

 

-1.5

 

1,508,590.3

 

5.1

Domestic

92,082.4

-2.3

-5.8

855,303.8

0.4

International

66,303.5

20.1

5.5

586,869.1

12.5

Regional

6,920.1

9.3

-3.9

66,417.5

9.2

III. Load Factor

 

 

 

 

 

1. Passenger Load Factor (%)7

 

81.0

 

-0.4

 

1.1

 

81.2

 

0.3

Domestic

83.6

-1.9

2.2

83.1

0.1

International

76.9

1.4

-0.6

78.4

0.4

Regional

79.9

7.2

1.5

77.5

2.8

2. Cargo and Mail Load Factor (%)8

 

58.0

 

2.2

 

-0.2

 

56.7

 

2.6

Domestic

38.3

-6.7

-5.8

39.9

-5.4

International

67.7

6.5

2.8

65.0

6.8

Regional

41.1

1.6

-3.3

40.6

2.9

3. Overall Load Factor (%)9

71.6

0.4

0.3

71.2

1.2

Domestic

71.7

-3.6

-0.5

71.9

-1.9

International

71.6

4.1

1.2

70.7

4.0

Regional

69.4

5.4

-0.1

67.4

2.7

 

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 results from inappropriate reliance upon or utilization of the information given above.

 

By Order of the Board

                                                                                                                                                                                Zhou Feng

Board Secretary

 

Beijing, the PRC, 15 November, 2017


This information is provided by RNS
The company news service from the London Stock Exchange
 
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