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REG - Air China Ld - ANNOUNCEMENT ON KEY OPERATING DATA OF MARCH 2025

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RNS Number : 5540F  Air China Ld  18 April 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 MARCH 2025

 

The enclosed announcement (the "SSE Announcement") was published by Air China
Limited ("Air China") on the Shanghai Stock Exchange on 15 April 2025, which
contains combined operating data for March 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, 15 April 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 MARCH 2025

 

In March 2025, Air China Limited (the "Company") and its subsidiaries (the
"Group") recorded a year-on-year 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 0.4%, passenger traffic recorded a year-on-year increase of 2.0%.
Among which, for domestic routes, passenger capacity decreased by 4.9% year on
year, and passenger traffic decreased by 1.3% year on year. For international
routes, passenger capacity increased by 15.7% year on year, and passenger
traffic increased by 11.2% year on year. For regional routes, passenger
capacity increased by 2.3% year on year, and passenger traffic recorded an
increase of 4.8% year on year. The passenger load factor was 79.7%,
representing an increase of 1.2 percentage points as compared to the same
period last year. Among which, the passenger load factor for domestic routes
increased by 3.0 percentage points year on year, the passenger load factor for
international routes decreased by 3.1 percentage points year on year, and the
passenger load factor for regional routes increased by 1.7 percentage points
year on year.

 

In terms of cargo operations, cargo capacity (measured by available freight
tonne kilometers (the "AFTK")) increased by 1.3% year on year. Cargo and mail
traffic (measured by revenue freight tonne kilometers (the "RFTK")) increased
by 10.7% year on year. The cargo load factor was 38.0%, representing a
year-on-year increase of 3.2 percentage points.

 

Starting from 30 March 2025, the Company added Beijing Capital - Altay route
(three flights per week), Wenzhou - Nanchong route (four flights per week),
and Beijing Capital - Dalian - Suifenhe route (three flights per week).
Starting from 31 March 2025, the Company added Beijing Capital - Vladivostok
route (three flights per week).

 

In March 2025, the Group introduced one C909 aircraft and retired one A330
series aircraft. As at the end of March 2025, the Group operated a fleet of
934 aircraft, including 410 self-owned aircraft, 228 aircraft under finance
lease and 296 aircraft under operating lease.

 

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

 

                                       March 2025  Year-on-Year Change (%)(1)  Month-on-Month Change (%)(1)  Cumulative 2025  Year-on-Year Cumulative Change (%)(1)
 I.    Capacity
 1. ATK (in million)(2)                3,672.3     0.7                         1.3                           11,333.4         3.4
 Domestic                              2,324.9     -6.6                        -1.8                          7,244.0          -4.4
 International                         1,251.7     18.2                        7.3                           3,790.5          22.8
 Regional                              95.7        -2.5                        4.5                           298.8            -0.5
 2. ASK (in million)(3)                28,736.2    0.4                         1.4                           88,459.7         2.6
 Domestic                              19,679.2    -4.9                        -0.6                          60,788.3         -3.5
 International                         8,252.5     15.7                        6.1                           25,203.9         21.6
 Regional                              804.5       2.3                         7.5                           2,467.6          1.3
 3. AFTK (in million)(4)               1,082.2     1.3                         1.1                           3,359.4          5.1
 Domestic                              554.3       -11.8                       -5.3                          1,774.3          -6.9
 International                         508.0       22.0                        9.4                           1,518.9          24.7
 Regional                              19.9        -17.4                       -4.9                          66.2             -6.2
 II.   Traffic
 1. RTK (in million)(5)                2,453.1     3.5                         4.4                           7,352.1          4.4
 Domestic                              1,566.1     -1.2                        0.3                           4,757.5          -1.3
 International                         828.2       13.6                        13.1                          2,415.3          18.0
 Regional                              58.9        4.3                         7.8                           179.3            2.1
 2. RPK (in million)(6)                22,904.5    2.0                         -1.5                          70,971.2         3.5
 Domestic                              16,084.5    -1.3                        -4.1                          49,927.7         -1.6
 International                         6,241.3     11.2                        5.0                           19,263.8         20.0
 Regional                              578.7       4.8                         6.8                           1,779.7          1.7
 3. RFTK (in million)(7)               411.1       10.7                        29.0                          1,125.0          7.5
 Domestic                              134.1       -1.0                        30.2                          390.1            -1.1
 International                         272.1       17.9                        28.8                          720.6            13.0
 Regional                              4.9         -4.0                        12.9                          14.3             0.5
 4. Number of Passengers carried       12,429.3    0.5                         -1.1                          38,115.2         1.1

(in thousand)
 Domestic                              10,634.9    -1.2                        -2.0                          32,577.7         -1.6
 International                         1,418.2     12.6                        4.1                           4,399.2          24.7
 Regional                              376.2       9.4                         7.8                           1,138.3          4.8
 5. Total Cargo and Mail carried       123,433.5   3.9                         30.4                          348,160.3        2.9

(in tonnes)
 Domestic                              80,479.1    0.3                         30.7                          233,843.2        -0.3
 International                         39,694.5    12.3                        30.9                          104,975.7        10.7
 Regional                              3,259.9     0.6                         15.6                          9,341.5          3.8
 III. Load Factor
 1. Passenger Load Factor (%)(8)       79.7        1.2                         -2.4                          80.2             0.7
 Domestic                              81.7        3.0                         -2.9                          82.1             1.6
 International                         75.6        -3.1                        -0.7                          76.4             -1.0
 Regional                              71.9        1.7                         -0.5                          72.1             0.3
 2. Cargo and Mail Load Factor (%)(9)  38.0        3.2                         8.2                           33.5             0.7
 Domestic                              24.2        2.6                         6.6                           22.0             1.3
 International                         53.6        -1.9                        8.1                           47.4             -4.9
 Regional                              24.7        3.5                         3.9                           21.5             1.4
 3. Overall Load Factor (%)(10)        66.8        1.8                         2.0                           64.9             0.7
 Domestic                              67.4        3.7                         1.4                           65.7             2.1
 International                         66.2        -2.7                        3.4                           63.7             -2.6
 Regional                              61.6        4.0                         1.9                           60.0             1.5

 

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, 15 April 2025

 

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