REG - Air China Ld - ANNOUNCEMENT ON SEPTEMBER 2023 KEY OPERATING DATA
18/10/2023 17:15
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RNS Number : 5803Q Air China Ld 18 October 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.
ANNOUNCEMENT ON SEPTEMBER 2023 KEY OPERATING DATA
The enclosed announcement (the "SSE Announcement") was published by Air China
Limited (the "Air China") on the Shanghai Stock Exchange on 16 October 2023,
which contains combined operating data for September 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, 16 October 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 SEPTEMBER 2023 KEY OPERATING DATA
In September 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 191.9% and a month-on-month
decrease of 11.9%. Passenger traffic recorded a year-on-year increase of
234.2% and a month-on-month decrease of 14.7%. Among which, for domestic
routes, passenger capacity increased by 143.7% year on year and decreased by
14.9% month on month, and passenger traffic increased by 178.9% year on year
and decreased by 16.7% month on month. For international routes, passenger
capacity increased by 936.3% and increased by 2.2% as compared to the same
period last year and the previous month, respectively, and passenger traffic
increased by 1,221.2% and decreased by 3.4% as compared to the same period
last year and the previous month, respectively. For regional routes, passenger
capacity increased by 317.2% and decreased by 15.0% as compared to the same
period last year and the previous month, respectively, and passenger traffic
recorded an increase of 510.7% year on year and a decrease of 27.8% month on
month. The passenger load factor was 74.2%, representing an increase of 9.4
percentage points as compared to the same period last year and a decrease of
2.4 percentage points as compared to the previous month. Among which, the
passenger load factor for domestic routes increased by 9.5 percentage points
year on year and decreased by 1.6 percentage points month on month, the
passenger load factor for international routes increased by 15.4 percentage
points and decreased by 4.1 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 21.1 percentage points year on year and
decreased by 11.8 percentage points month on month.
In terms of cargo operations, cargo capacity (measured by available freight
tonne kilometers (the "AFTK")) increased by 42.1% year on year and decreased
by 1.6% month on month. Cargo and mail traffic (measured by revenue freight
tonne kilometers (the "RFTK")) increased by 16.9% year on year and increased
by 6.0% month on month. The cargo load factor was 34.8%, representing a
year-on-year decrease of 7.5 percentage points and a month-on-month increase
of 2.5 percentage points.
In September 2023, the Group introduced one A350 aircraft and retired two B737
series aircraft and one A330 aircraft. As at the end of September 2023, the
Group operated a fleet of 899 aircraft, including 378 self-owned aircraft, 221
aircraft under finance lease and 300 aircraft under operating lease.
Starting from 10 September 2023, the Company has introduced a new
Hangzhou-Dubai route with three flights per week.
The following table sets forth key operating data of September 2023:
September 2023 Year-on-Year Change (%)(1) Month-on-Month Change (%)(1) Cumulative 2023 Year-on-Year Cumulative Change (%)(1)
I. Capacity
1. ATK (in million)(2) 3,264.1 126.7 -9.3 26,719.9 71.3
Domestic 2,379.9 151.5 -12.8 21,541.8 114.2
International 808.1 72.9 3.3 4,538.5 -15.0
Regional 76.2 194.2 -14.6 639.6 228.0
2. ASK (in million)(3) 26,365.2 191.9 -11.9 220,645.3 137.5
Domestic 20,375.1 143.7 -14.9 185,577.6 108.5
International 5,346.0 936.3 2.2 29,796.0 967.6
Regional 644.2 317.2 -15.0 5,271.7 388.9
3. AFTK (in million)(4) 889.6 42.1 -1.6 6,843.1 -5.4
Domestic 547.7 182.0 -5.0 4,852.3 136.4
International 326.6 -22.4 5.3 1,852.4 -63.6
Regional 15.3 41.8 -13.2 138.4 54.4
II. Traffic
1. RTK (in million)(5) 2,048.4 159.8 -9.3 16,063.0 96.4
Domestic 1,496.8 162.2 -11.8 12,943.7 121.6
International 507.6 143.8 0.8 2,756.1 21.9
Regional 44.0 359.7 -24.8 363.2 360.3
2. RPK (in million)(6) 19,560.6 234.2 -14.7 160,099.2 170.6
Domestic 15,326.4 178.9 -16.7 136,473.9 137.6
International 3,805.5 1,221.2 -3.4 20,047.9 1,533.0
Regional 428.8 510.7 -27.8 3,577.4 616.3
3. RFTK (in million)(7) 309.3 16.9 6.0 2,006.3 -32.3
Domestic 135.2 70.5 10.8 975.4 25.2
International 170.4 -6.7 2.7 1,002.8 -53.4
Regional 3.7 37.6 -5.8 28.1 -6.0
4. Number of Passengers carried (in thousand) 10,982.3 184.1 -17.3 95,620.6 149.1
Domestic 9,931.7 163.1 -17.6 89,255.7 135.7
International 783.3 1,415.9 -6.2 4,127.0 1,730.3
Regional 267.3 592.4 -29.5 2,237.9 677.3
5. Total Cargo and Mail carried 108,449.8 47.5 9.2 749,550.8 -0.2
(in tonnes)
Domestic 81,214.0 66.0 11.5 586,464.6 25.3
International 24,817.9 8.6 4.0 144,503.6 -45.3
Regional 2,417.8 37.3 -6.6 18,582.5 -2.6
III. Load Factor
1. Passenger Load Factor (%)(8) 74.2 9.4 -2.4 72.6 8.9
Domestic 75.2 9.5 -1.6 73.5 9.0
International 71.2 15.4 -4.1 67.3 23.3
Regional 66.6 21.1 -11.8 67.9 21.5
2. Cargo and Mail Load 34.8 -7.5 2.5 29.3 -11.6
Factor (%)(9)
Domestic 24.7 -16.1 3.5 20.1 -17.8
International 52.2 8.8 -1.4 54.1 11.9
Regional 24.4 -0.7 1.9 20.3 -13.0
3. Overall Load Factor (%)(10) 62.8 8.0 -0.0 60.1 7.7
Domestic 62.9 2.6 0.7 60.1 2.0
International 62.8 18.3 -1.6 60.7 18.4
Regional 57.8 20.8 -7.9 56.8 16.3
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, 16 October 2023
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