REG - Air China Ld - ANNOUNCEMENT ON KEY OPERATING DATA OF MARCH 2024
16/04/2024 07:00
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RNS Number : 7292K Air China Ld 16 April 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 MARCH 2024
The enclosed announcement (the "SSE Announcement") was published by Air China
Limited (the "Air China") on the Shanghai Stock Exchange on 15 April 2024,
which contains combined operating data for March 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
Xiao Feng Huen Ho Yin
Joint Company Secretaries
Beijing, the PRC, 15 April 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 MARCH 2024
In March 2024, Air China Limited (the "Company") and its subsidiaries (the
"Group") recorded a year-on-year increase and a month-on-month 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 increase of 33.1%, and a month-on-month
decrease of 1.5%. Passenger traffic recorded a year-on-year increase of 50.1%
and a month-on-month decrease of 6.3%. Among which, for domestic routes,
passenger capacity increased by 6.8% year on year and decreased by 4.1% month
on month, and passenger traffic increased by 19.7% year on year and decreased
by 9.7% month on month. For international routes, passenger capacity increased
by 340.2% and increased by 7.4% as compared to the same period last year and
the previous month, respectively, and passenger traffic increased by 452.8%
and increased by 5.8% as compared to the same period last year and the
previous month, respectively. For regional routes, passenger capacity
increased by 56.0% and decreased by 3.6% as compared to the same period last
year and the previous month, respectively, and passenger traffic recorded an
increase of 68.2% year on year and an decrease of 10.3% month on month. The
passenger load factor was 78.5%, representing an increase of 8.9 percentage
points as compared to the same period last year and an decrease of 4.1
percentage points as compared to the previous month. Among which, the
passenger load factor for domestic routes increased by 8.5 percentage points
year on year and decreased by 4.9 percentage points month on month, the
passenger load factor for international routes increased by 16.0 percentage
points and decreased by 1.2 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 5.1 percentage points year on year and
decreased by 5.3 percentage points month on month.
In terms of cargo operations, cargo capacity (measured by available freight
tonne kilometers (the "AFTK")) increased by 60.4% year on year and increased
by 0.7% month on month. Cargo and mail traffic (measured by revenue freight
tonne kilometers (the "RFTK")) increased by 138.7% year on year and increased
by 19.7% month on month. The cargo load factor was 34.7%, representing a
year-on-year increase of 11.4 percentage points and a month-on-month increase
of 5.5 percentage points.
In March 2024, the Group introduced three B737 series aircraft. As at the end
of March 2024, the Group operated a fleet of 911 aircraft, including 398
self-owned aircraft, 217 aircraft under finance lease and 296 aircraft under
operating lease.
The following table sets forth key operating data of March 2024:
March 2024 Year-on-Year Change (%)(1) Month-on-Month Change (%)(1) Cumulative 2024 Year-on-Year Cumulative Change (%)(1)
I. Capacity
1. ATK (in million)(2) 3,647.4 40.1 -0.8 10,963.3 53.3
Domestic 2,490.5 8.8 -4.0 7,576.9 17.8
International 1,058.8 316.0 7.7 3,086.0 439.0
Regional 98.1 60.1 -2.5 300.4 100.6
2. ASK (in million)(3) 28,612.7 33.1 -1.5 86,181.0 45.3
Domestic 20,693.9 6.8 -4.1 63,013.6 15.1
International 7,132.5 340.2 7.4 20,730.9 517.9
Regional 786.3 56.0 -3.6 2,436.5 97.6
3. AFTK (in million)(4) 1,068.8 60.4 0.7 3,195.2 76.7
Domestic 628.3 15.3 -3.7 1,906.3 26.5
International 416.4 283.9 8.1 1,218.3 351.0
Regional 24.1 87.6 2.2 70.5 132.9
II. Traffic
1. RTK (in million)(5) 2,369.3 59.0 -0.1 7,037.8 70.5
Domestic 1,585.1 20.9 -4.3 4,818.0 29.1
International 727.8 398.7 11.4 2,044.1 549.3
Regional 56.4 67.5 -6.6 175.7 116.5
2. RPK (in million)(6) 22,451.0 50.1 -6.3 68,551.2 62.7
Domestic 16,291.3 19.7 -9.7 50,757.0 29.1
International 5,607.3 452.8 5.8 16,043.7 682.4
Regional 552.4 68.2 -10.3 1,750.5 123.0
3. RFTK (in million)(7) 370.6 138.7 19.7 1,045.3 154.7
Domestic 135.5 39.6 20.5 394.5 45.3
International 230.0 311.5 19.1 636.6 377.7
Regional 5.1 114.9 28.9 14.2 153.4
4. Number of Passengers carried (in thousand) 12,368.5 32.0 -6.7 37,717.9 42.9
Domestic 10,766.4 20.0 -7.9 33,105.2 29.7
International 1,258.1 541.7 6.8 3,526.8 813.4
Regional 344.0 70.3 -10.3 1,085.9 125.9
5. Total Cargo and Mail carried (in tonnes) 118,629.8 73.9 21.7 337,961.2 80.0
Domestic 80,207.2 38.6 19.6 234,517.9 43.9
International 35,181.9 302.3 25.6 94,439.6 351.4
Regional 3,240.7 99.0 35.9 9,003.7 129.9
III. Load Factor
1. Passenger Load Factor (%)(8) 78.5 8.9 -4.1 79.5 8.5
Domestic 78.7 8.5 -4.9 80.5 8.7
International 78.6 16.0 -1.2 77.4 16.3
Regional 70.3 5.1 -5.3 71.8 8.2
2. Cargo and Mail Load Factor (%)(9) 34.7 11.4 5.5 32.7 10.0
Domestic 21.6 3.8 4.3 20.7 2.7
International 55.2 3.7 5.1 52.3 2.9
Regional 21.2 2.7 4.4 20.1 1.6
3. Overall Load Factor (%)(10) 65.0 7.7 0.5 64.2 6.5
Domestic 63.6 6.4 -0.2 63.6 5.6
International 68.7 11.4 2.3 66.2 11.3
Regional 57.5 2.6 -2.5 58.5 4.3
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 April 2024
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