REG - Air China Ld - ANNOUNCEMENT ON NOVEMBER 2023 KEY OPERATING DATA

Air ChinaAnnouncement

18/12/2023 07:00

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RNS Number : 1278X  Air China Ld  18 December 2023

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 NOVEMBER 2023

 

The enclosed announcement (the "SSE Announcement") was published by Air China
Limited (the "Air China") on the Shanghai Stock Exchange on 15 December 2023,
which contains combined operating data for November 2023 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 December 2023

 

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 NOVEMBER 2023

 

In November 2023, 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 279.1%, and a month-on-month
decrease of 6.7%. Passenger traffic recorded a year-on-year increase of 348.6%
and a month-on-month decrease of 10.7%. Among which, for domestic routes,
passenger capacity increased by 219.0% year on year and decreased by 10.1%
month on month, and passenger traffic increased by 276.4% year on year and
decreased by 13.2% month on month. For international routes, passenger
capacity increased by 819.6% and increased by 4.3% as compared to the same
period last year and the previous month, respectively, and passenger traffic
increased by 1,316.3% and decreased by 1.9% as compared to the same period
last year and the previous month, respectively. For regional routes, passenger
capacity increased by 355.7% and increased by 6.2% as compared to the same
period last year and the previous month, respectively, and passenger traffic
recorded an increase of 519.0% year on year and an increase of 3.2% month on
month. The passenger load factor was 73.4%, representing an increase of 11.4
percentage points as compared to the same period last year and a decrease of
3.3 percentage points as compared to the previous month. Among which, the
passenger load factor for domestic routes increased by 11.6 percentage points
year on year and decreased by 2.8 percentage points month on month, the
passenger load factor for international routes increased by 23.0 percentage
points and decreased by 4.2 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 17.4 percentage points year on year and
decreased by 1.9 percentage points month on month.

 

In terms of cargo operations, cargo capacity (measured by available freight
tonne kilometers (the "AFTK")) increased by 135.1% year on year and decreased
by 4.5% month on month. Cargo and mail traffic (measured by revenue freight
tonne kilometers (the "RFTK")) increased by 98.6% year on year and increased
by 8.3% month on month. The cargo load factor was 37.5%, representing a
year-on-year decrease of 6.9 percentage points and a month-on-month increase
of 4.4 percentage points.

 

In November 2023, the Group introduced one ARJ21-700 aircraft. As at the end
of November 2023, the Group operated a fleet of 900 aircraft, including 386
self-owned aircraft, 215 aircraft under finance lease and 299 aircraft under
operating lease.

 

The following table sets forth key operating data of November 2023:

 

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

2023
2023
 I.   Capacity
 1. ATK (in million)(2)                3,196.9    221.1                       -6.0                          33,318.7    86.6
 Domestic                              2,235.9    233.6                       -10.0                         26,263.0    127.8
 International                         873.4      189.6                       4.6                           6,246.8     2.8
 Regional                              87.5       265.8                       7.0                           808.8       228.7
 2. ASK (in million)(3)                25,029.3   279.1                       -6.7                          272,502.4   154.2
 Domestic                              18,563.2   219.0                       -10.1                         224,781.7   120.7
 International                         5,739.2    819.6                       4.3                           41,037.8    940.0
 Regional                              726.9      355.7                       6.2                           6,682.8     377.7
 3. AFTK (in million)(4)               941.0      135.1                       -4.5                          8,769.3     6.9
 Domestic                              565.6      286.1                       -9.9                          6,045.9     155.0
 International                         356.7      45.3                        4.9                           2,549.0     -55.4
 Regional                              18.8       126.0                       8.7                           174.4       59.7
 II.  Traffic
 1. RTK (in million)(5)                1,995.7    266.0                       -7.2                          20,209.0    114.6
 Domestic                              1,392.3    252.9                       -11.0                         15,901.1    136.6
 International                         554.0      293.0                       2.9                           3,848.5     48.1
 Regional                              49.4       405.2                       5.6                           459.3       366.0
 2. RPK (in million)(6)                18,374.2   348.6                       -10.7                         199,057.3   191.8
 Domestic                              14,123.3   276.4                       -13.2                         166,870.6   153.4
 International                         3,770.1    1,316.3                     -1.9                          27,662.5    1,501.3
 Regional                              480.9      519.0                       3.2                           4,524.2     597.1
 3. RFTK (in million)(7)               353.3      98.6                        8.3                           2,685.9     -20.7
 Domestic                              131.9      125.9                       4.6                           1,233.4     36.0
 International                         217.2      85.2                        10.4                          1,416.9     -42.0
 Regional                              4.2        94.6                        25.7                          35.6        2.2
 4. Number of Passengers carried       10,361.4   303.9                       -11.6                         117,697.9   166.2

 (in thousand)
 Domestic                              9,258.4    275.0                       -12.7                         109,120.5   150.7
 International                         803.3      1,545.6                     -1.3                          5,744.2     1,720.0
 Regional                              299.7      526.5                       1.4                           2,833.2     651.2
 5. Total Cargo and Mail carried       114,850.9  115.0                       6.8                           971,967.2   11.5

 (in tonnes)
 Domestic                              80,319.4   120.8                       5.0                           743,281.0   35.6
 International                         31,724.6   103.3                       10.3                          204,983.9   -32.1
 Regional                              2,806.9    96.3                        21.4                          23,702.3    6.2
 III. Load Factor
 1. Passenger Load Factor (%)(8)       73.4       11.4                        -3.3                          73.0        9.4
 Domestic                              76.1       11.6                        -2.8                          74.2        9.6
 International                         65.7       23.0                        -4.2                          67.4        23.6
 Regional                              66.2       17.4                        -1.9                          67.7        21.3
 2. Cargo and Mail Load Factor (%)(9)  37.5       -6.9                        4.4                           30.6        -10.7
 Domestic                              23.3       -16.5                       3.2                           20.4        -17.9
 International                         60.9       13.1                        3.0                           55.6        12.8
 Regional                              22.3       -3.6                        3.0                           20.4        -11.5
 3. Overall Load Factor (%)(10)        62.4       7.7                         -0.8                          60.7        7.9
 Domestic                              62.3       3.4                         -0.7                          60.5        2.3
 International                         63.4       16.7                        -1.1                          61.6        18.8
 Regional                              56.4       15.6                        -0.8                          56.8        16.7

 

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 December 2023

 

 

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