REG - Air China Ld - ANNOUNCEMENT ON FEBRUARY 2024 KEY OPERATING DATA
18/03/2024 07:00
For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20240318:nRSR1395Ha&default-theme=true
RNS Number : 1395H Air China Ld 18 March 2024
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 FEBRUARY 2024
The enclosed announcement (the "SSE Announcement") was published by Air China
Limited (the "Air China") on the Shanghai Stock Exchange on 15 March 2024,
which contains combined operating data for February 2024 for Air China and its
subsidiaries (collectively, the "Group"). 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 March 2024
As at the date of this announcement, the directors of the Company are Mr. Ma
Chongxian, Mr. Wang Mingyuan, Mr. Feng Gang, Mr. Patrick Healy, Mr. Xiao Peng,
Mr. Li Fushen*, Mr. He Yun*, Mr. Xu Junxin* and Ms. Winnie Tam Wan-chi*.
* 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 FEBRUARY 2024
In February 2024, 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 51.4%, and a month-on-month increase of
1.8%. Passenger traffic recorded a year-on-year increase of 70.0% and a
month-on-month increase of 8.2%. Among which, for domestic routes, passenger
capacity increased by 21.3% year on year and increased by 4.0% month on month,
and passenger traffic increased by 36.3% year on year and increased by 9.9%
month on month. For international routes, passenger capacity increased by
565.1% and decreased by 4.5% as compared to the same period last year and the
previous month, respectively, and passenger traffic increased by 775.0% and
increased by 3.3% as compared to the same period last year and the previous
month, respectively. For regional routes, passenger capacity increased by
106.2% and decreased by 2.3% as compared to the same period last year and the
previous month, respectively, and passenger traffic recorded an increase of
151.3% year on year and an increase of 5.9% month on month. The passenger load
factor was 82.5%, representing an increase of 9.0 percentage points as
compared to the same period last year and an increase of 4.9 percentage points
as compared to the previous month. Among which, the passenger load factor for
domestic routes increased by 9.2 percentage points year on year and increased
by 4.4 percentage points month on month, the passenger load factor for
international routes increased by 19.1 percentage points and increased by 6.0
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 13.6 percentage points year on year and increased by 5.8
percentage points month on month.
In terms of cargo operations, cargo capacity (measured by available freight
tonne kilometers (the "AFTK")) increased by 87.9% year on year and decreased
by 0.4% month on month. Cargo and mail traffic (measured by revenue freight
tonne kilometers (the "RFTK")) increased by 165.1% year on year and decreased
by 15.2% month on month. The cargo load factor was 29.2%, representing a
year-on-year increase of 8.5 percentage points and a month-on-month decrease
of 5.1 percentage points.
In February 2024, the Group introduced two B737 series aircraft, and retired
one B737 series aircraft and one A330 aircraft. As at the end of February
2024, the Group operated a fleet of 908 aircraft, including 396 self-owned
aircraft, 216 aircraft under finance lease and 296 aircraft under operating
lease.
The following table sets forth key operating data of February 2024:
February 2024 Year-on-Year Change (%)(1) Month-on- Cumulative 2024 Year-on-Year
Month Change
Cumulative
(%)(1)
Change (%)(1)
I. Capacity
1. ATK (in million)(2) 3,678.2 60.4 1.1 7,315.9 60.8
Domestic 2,594.1 24.7 4.1 5,086.4 22.8
International 983.5 496.9 -5.8 2,027.2 537.5
Regional 100.6 110.6 -1.0 202.3 128.7
2. ASK (in million)(3) 29,035.8 51.4 1.8 57,568.3 52.2
Domestic 21,577.6 21.3 4.0 42,319.7 19.7
International 6,642.7 565.1 -4.5 13,598.3 683.8
Regional 815.5 106.2 -2.3 1,650.2 126.3
3. AFTK (in million)(4) 1,061.0 87.9 -0.4 2,126.4 86.3
Domestic 652.4 35.8 4.3 1,278.0 32.8
International 385.0 415.1 -7.7 802.0 396.1
Regional 23.6 151.3 3.6 46.4 166.3
II. Traffic
1. RTK (in million)(5) 2,370.6 73.8 3.2 4,668.5 77.1
Domestic 1,656.8 32.6 5.1 3,233.0 33.6
International 653.3 632.8 -1.5 1,316.3 679.5
Regional 60.4 138.0 2.7 119.2 151.3
2. RPK (in million)(6) 23,961.7 70.0 8.2 46,100.2 69.6
Domestic 18,043.6 36.3 9.9 34,465.6 34.1
International 5,302.0 775.0 3.3 10,436.4 907.1
Regional 616.1 151.3 5.9 1,198.2 162.5
3. RFTK (in million)(7) 309.5 165.1 -15.2 674.7 164.5
Domestic 112.4 41.3 -23.3 259.0 48.4
International 193.2 444.1 -9.5 406.6 425.5
Regional 4.0 135.3 -21.7 9.1 181.9
4. Number of Passengers carried (in thousand) 13,254.1 49.9 9.6 25,349.4 48.9
Domestic 11,693.2 36.3 9.8 22,338.8 34.9
International 1,177.5 973.3 7.9 2,268.7 1,093.6
Regional 383.4 155.4 7.0 741.9 166.2
5. Total Cargo and Mail carried (in tonnes) 97,489.0 77.2 -20.0 219,331.4 83.5
Domestic 67,085.3 39.7 -23.1 154,310.7 46.9
International 28,018.9 386.1 -10.3 59,257.7 386.6
Regional 2,384.8 96.6 -29.4 5,763.0 151.9
III. Load Factor
1. Passenger Load Factor (%)(8) 82.5 9.0 4.9 80.1 8.2
Domestic 83.6 9.2 4.4 81.4 8.8
International 79.8 19.1 6.0 76.7 17.0
Regional 75.5 13.6 5.8 72.6 10.0
2. Cargo and Mail Load 29.2 8.5 -5.1 31.7 9.4
Factor (%)(9)
Domestic 17.2 0.7 -6.2 20.3 2.1
International 50.2 2.7 -1.0 50.7 2.8
Regional 16.8 -1.1 -5.5 19.5 1.1
3. Overall Load Factor (%)(10) 64.4 5.0 1.3 63.8 5.9
Domestic 63.9 3.8 0.6 63.6 5.1
International 66.4 12.3 2.9 64.9 11.8
Regional 60.0 6.9 2.2 58.9 5.3
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
11. As at 21 March 2023, the Company has gained control over Shandong
Aviation Group Company Limited (the "Shandong Aviation Group"), and the
subsidiaries within the consolidation scope of Shandong Aviation Group,
including Shandong Airlines Co., Ltd., have become companies within the scope
of the Company's consolidated financial statements. For more details, please
refer to the "Announcement on the Progress of Significant Matters Planned by
Air China Limited" published by the Company on the website of the Shanghai
Stock Exchange on 22 March 2023. The Company's interim announcements and
periodic reports will include relevant fleet information and operational data
of Shandong Airlines Co., Ltd., and the historical data in the tables will be
adjusted to a comparable basis.
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 March 2024
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
rns@lseg.com (mailto:rns@lseg.com)
or visit
www.rns.com (http://www.rns.com/)
.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
. END STRJRMITMTTBMAIRecent news on Air China
See all newsREG - Air China Ld - ANNOUNCEMENT ON KEY OPERATING DATA OF MAY 2025
AnnouncementREG - Air China Ld - JOINT ANNOUNCEMENT
AnnouncementREG - Air China Ld - CIRCULAR FOR THE 2024 ANNUAL GENERAL MEETING
AnnouncementREG - Air China Ld - NOTICE OF ANNUAL GENERAL MEETING
AnnouncementREG - Air China Ld - FORM OF PROXY FOR ANNUAL GENERAL MEETING
Announcement