KEY OPERATING DATA OF DECEMBER 2017

RNS Number : 9518B
Air China Ld
16 January 2018
 

 

Click on, or paste the following link into your web browser, to view the associated PDF document.

 http://www.rns-pdf.londonstockexchange.com/rns/9518B_-2018-1-16.pdf

 

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 DECEMBER 2017

 

The enclosed announcement (the "SSE Announcement") was published by Air China Limited (the "Air China") on the Shanghai Stock Exchange on 15 January 2018, which contains combined operating data for December 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 January 2018

 

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 DECEMBER 2017

 

In December 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 as well as compared 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 9.4% and 10.6% respectively. For domestic routes, passenger capacity and passenger traffic increased by 6.5% and 7.2%, respectively, as compared to the same period last year. For international routes, passenger capacity and passenger traffic increased by 15.1% and 16.4%, respectively, as compared to the same period last year. Passenger capacity on regional routes increased by 1.6%, and passenger traffic recorded an increase of 11.5%, as compared to the same period last year. The overall passenger load factor was 80.3%, representing an increase of 0.9 percentage points as compared to the same period last year. The passenger load factor for domestic, international and regional routes increased by 0.5, 0.9 and 7.4 percentage points respectively.

 

The Company launched a Shenzhen-Los Angeles route (three times a week) on 7 December 2017, a Beijing-Brisbane route (four times a week) on 11 December 2017, a Hangzhou-Phuket route (three times a week) on 21 December 2017, and a Tianjing-Lianyungang-Bangkok route (three times a week) on 29 December 2017.

 

In terms of cargo operations, in December 2017, cargo and mail traffic (measured by revenue freight tonne kilometers (the "RFTK")) continued to maintain growth as compared to the same period last year but recorded a slight decrease as compared to the same period last month. Freight tonnage carried almost maintained the same on both a year-on-year basis and a month-on-month basis. Cargo capacity (measured by available freight tonne kilometers (the "AFTK")) increased by 9.1% year-on-year. Cargo and mail traffic increased by 4.2% and the volume of cargo and mail carried decreased by 0.5% as compared to the same period last year. The cargo load factor was 56.4% in December 2017, representing a year-on-year decrease of 2.6 percentage points.

 

In December 2017, the Group introduced eleven aircraft in total, including one A319, one A320NEO, one A330-300, two B737-800s, five B737-8MAXs and one B787-9 aircraft and retired one B737-700 and one B737-800 aircraft. As at the end of December 2017, the Group operated a fleet of 655 aircraft, including 276 self-owned aircraft, 176 aircraft under finance lease and 203 aircraft under operating lease.

 

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

 


December

2017

Year-

on-Year

Change (%)

Month-

on-Month

Change (%)

Cumulative

2017

Year-

on-Year

Cumulative

Change (%)

I. Capacity






1. ATK (in million)1

3,160.5

9.3

1.9

35,671.3

5.6

  Domestic

1,525.6

8.1

-1.6

17,473.3

8.0

  International

1,536.7

10.9

5.8

17,061.2

3.7

  Regional

98.1

3.0

0.5

1,136.9

-1.7

2. ASK (in million)2

21,607.6

9.4

2.8

247,871.5

6.3

  Domestic

12,648.0

6.5

-0.8

147,987.6

5.9

  International

8,188.0

15.1

9.3

90,754.9

7.8

  Regional

771.6

1.6

-0.2

9,128.9

-2.2

3. AFTK (in million)3

1,210.7

9.1

0.6

13,312.8

4.5

  Domestic

387.5

12.8

-3.8

4,164.5

15.3

  International

797.5

7.4

2.8

8,870.0

0.3

  Regional

25.7

7.8

3.7

278.3

-0.1

II. Traffic






1. RTK (in million)4

2,230.6

8.5

0.5

25,386.2

7.1

  Domestic

1,068.4

5.1

-2.9

12,521.1

5.2

  International

1,091.8

12.0

4.0

12,090.1

9.5

  Regional

70.4

10.5

0.1

775.0

3.2

2. RPK (in million)5

17,355.5

10.6

1.5

201,090.0

6.9

  Domestic

10,303.8

7.2

-3.2

122,878.3

6.2

  International

6,410.9

16.4

10.1

71,063.5

8.6

  Regional

640.8

11.5

0.8

7,148.2

2.6

3. RFTK (in million)6

682.4

4.2

-0.8

7,552.4

8.0

  Domestic

149.9

-6.2

0.9

1,646.4

-0.2

  International

521.7

7.6

-1.3

5,791.6

10.6

  Regional

10.9

5.0

-1.8

114.4

7.0

4. Number of Passengers carried (in thousand)

8,545.6

8.0

-1.4

101,577.5

5.1

  Domestic

6,914.4

6.9

-3.4

83,525.0

5.9

  International

1,219.1

13.4

10.1

13,496.0

1.9

  Regional

412.1

12.9

1.9

4,556.5

2.3

5. Total Cargo and Mail carried (in tonnes)

168,426.8

-0.5

-0.2

1,845,836.0

4.3

  Domestic

94,883.5

-6.8

0.4

1,044,702.2

-0.9

  International

65,769.2

9.5

-1.0

719,049.4

12.4

  Regional

7,774.1

4.1

-1.5

82,084.4

9.3

III. Load Factor






1. Passenger Load Factor (%)7

80.3

0.9

-1.1

81.1

0.4

  Domestic

81.5

0.5

-2.0

83.0

0.2

  International

78.3

0.9

0.6

78.3

0.5

  Regional

83.0

7.4

0.8

78.3

3.7

2. Cargo and Mail Load Factor (%)8

56.4

-2.6

-0.8

56.7

1.8

  Domestic

38.7

-7.8

1.8

39.5

-6.1

  International

65.4

0.2

-2.7

65.3

6.1

  Regional

42.3

-1.2

-2.4

41.1

2.7

3. Overall Load Factor (%)9

70.6

-0.5

-1.0

71.2

1.0

  Domestic

70.0

-2.0

-1.0

71.7

-1.9

  International

71.0

0.7

-1.2

70.9

3.7

  Regional

71.7

4.9

-0.3

68.2

3.3

 



 

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 January, 2018

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
MSCMMGMMZVMGRZG
UK 100

Latest directors dealings