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REG - Air China Ld - ANNOUNCEMENT ON KEY OPERATING DATA OF FEBRUARY2025

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RNS Number : 9394A  Air China Ld  17 March 2025

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 2025

 

The enclosed announcement (the "SSE Announcement") was published by Air China
Limited ("Air China") on the Shanghai Stock Exchange on 14 March 2025, which
contains combined operating data for February 2025 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

Xiao Feng    Huen Ho Yin

Joint Company Secretaries

 

Beijing, the PRC, 14 March 2025

 

As at the date of this announcement, the directors of the Company are Mr. Ma
Chongxian, Mr. Wang Mingyuan, Mr. Cui Xiaofeng, Mr. Patrick Healy, Mr. Xiao
Peng, Mr. Xu Niansha*, Mr. He Yun*, Ms. Winnie Tam Wan-chi* and Mr. Gao
Chunlei*.

 

*    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 2025

 

In February 2025, Air China Limited (the "Company") and its subsidiaries (the
"Group") recorded a year-on-year decrease 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
decrease of 2.4%, passenger traffic recorded a year-on-year decrease of 3.0%.
Among which, for domestic routes, passenger capacity decreased by 8.2% year on
year, and passenger traffic decreased by 7.1% year on year. For international
routes, passenger capacity increased by 17.1% year on year, and passenger
traffic increased by 12.1% year on year. For regional routes, passenger
capacity decreased by 8.2% year on year, and passenger traffic recorded a
decrease of 12.0% year on year. The passenger load factor was 82.1%,
representing a decrease of 0.5 percentage points as compared to the same
period last year. Among which, the passenger load factor for domestic routes
increased by 1.0 percentage point year on year, the passenger load factor for
international routes decreased by

3.5 percentage points year on year, and the passenger load factor for regional
routes decreased by 3.1 percentage points year on year.

 

In terms of cargo operations, cargo capacity (measured by available freight
tonne kilometers (the "AFTK")) increased by 0.9% year on year. Cargo and mail
traffic (measured by revenue freight tonne kilometers (the "RFTK")) increased
by 2.9% year on year. The cargo load factor was 29.8%, representing a
year-on-year increase of 0.6 percentage points.

 

In February 2025, the Group did not introduce any aircraft. As at the end of
February 2025, the Group operated a fleet of 934 aircraft, including 409
self-owned aircraft, 229 aircraft under finance lease and 296 aircraft under
operating lease.

The following table sets forth key operating data of February 2025:

 

                                                                                                               Year-on-Year Cumulative Change (%)1

                                          Year-on-Year Change (%)1   Month-on-Month Change (%)1   Cumulative

                          February 2025                                                           2025
 I. Capacity
 1. ATK (in million)2     3,625.0         -1.4                       -10.2                        7,661.1      4.7
 Domestic                 2,367.4         -8.7                       -7.2                         4,919.1      -3.3
 International            1,166.0         18.6                       -15.1                        2,538.9      25.2
 Regional                 91.6            -9.0                       -17.9                        203.1        0.4
 2. ASK (in million)(3)   28,336.2        -2.4                       -9.7                         59,723.5     3.7
 Domestic                 19,805.9        -8.2                       -7.0                         41,109.1     -2.9
 International            7,781.7         17.1                       -15.1                        16,951.3     24.7
 Regional                 748.5           -8.2                       -18.2                        1,663.1      0.8
 3. AFTK (in million)(4)  1,070.6         0.9                        -11.3                        2,277.2      7.1
 Domestic                 585.3           -10.3                      -7.8                         1,220.1      -4.5
 International            464.3           20.6                       -15.1                        1,010.9      26.1
 Regional                 21.0            -11.2                      -17.1                        46.3         -0.3
 II. Traffic
 1. RTK (in million)(5)   2,348.9         -0.9                       -7.9                         4,898.9      4.9
 Domestic                 1,561.9         -5.7                       -4.1                         3,191.4      -1.3
 International            732.4           12.1                       -14.3                        1,587.1      20.5
 Regional                 54.6            -9.6                       -17.0                        120.4        1.0
 2. RPK (in million)(6)   23,252.3        -3.0                       -6.3                         48,066.7     4.3
 Domestic                 16,768.8        -7.1                       -1.8                         33,843.2     -1.8
 International            5,941.6         12.1                       -16.1                        13,022.4     24.8
 Regional                 542.0           -12.0                      -17.8                        1,201.0      0.2
 3. RFTK (in million)(7)  318.7           2.9                        -19.3                        713.9        5.7
 Domestic                 103.0           -8.4                       -32.7                        256.0        -1.2
 International            211.4           9.4                        -10.9                        448.5        10.2
 Regional                 4.4             9.5                        -12.6                        9.3          3.1

                                                                                                                                     Year-on-Year Cumulative Change (%)1

                                                                Year-on-Year Change (%)1   Month-on-Month Change (%)1   Cumulative

                                                February 2025                                                           2025
 4. Number of Passengers carried (in thousand)

                                                12,567.3        -5.2                       -4.2                         25,685.8     1.3
 Domestic                                       10,855.4        -7.2                       -2.1                         21,942.8     -1.8
 International                                  1,362.8         15.7                       -15.8                        2,981.0      31.4
 Regional                                       349.1           -8.9                       -15.5                        762.0        2.7
 5. Total Cargo and Mail carried (in tonnes)

                                                94,690.2        -2.9                       -27.2                        224,726.8    2.4
 Domestic                                       61,552.8        -8.2                       -33.0                        153,364.1    -0.6
 International                                  30,318.4        8.2                        -13.3                        65,281.1     9.8
 Regional                                       2,819.0         18.2                       -13.6                        6,081.6      5.5
 III. Load Factor
 1. Passenger Load Factor (%)(8)                82.1            -0.5                       3.0                          80.5         0.4
 Domestic                                       84.7            1.0                        4.5                          82.3         0.9
 International                                  76.4            -3.5                       -0.9                         76.8         0.1
 Regional                                       72.4            -3.1                       0.3                          72.2         -0.4
 2. Cargo and Mail Load Factor (%)(9)

                                                29.8            0.6                        -3.0                         31.3         -0.4
 Domestic                                       17.6            0.4                        -6.5                         21.0         0.7
 International                                  45.5            -4.7                       2.1                          44.4         -6.4
 Regional                                       20.8            3.9                        1.1                          20.2         0.7
 3. Overall Load Factor (%)(10)                 64.8            0.3                        1.6                          63.9         0.1
 Domestic                                       66.0            2.1                        2.1                          64.9         1.3
 International                                  62.8            -3.6                       0.6                          62.5         -2.4
 Regional                                       59.6            -0.4                       0.7                          59.3         0.3

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

 

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, 14 March 2025

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