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REG - Air China Ld - ANNOUNCEMENT ON SEPTEMBER 2024 KEY OPERATING DATA

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RNS Number : 4368I  Air China Ld  16 October 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 SEPTEMBER 2024

 

The enclosed announcement (the "SSE Announcement") was published by Air China
Limited (the "Air China") on the Shanghai Stock Exchange on 15 October 2024,
which contains combined operating data for September 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 October 2024

 

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. 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 SEPTEMBER 2024

 

In September 2024, 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 11.8%, passenger traffic recorded a year-on-year increase of
20.0%. Among which, for domestic routes, passenger capacity decreased by 0.1%
year on year, and passenger traffic increased by 8.5% year on year. For
international routes, passenger capacity increased by 55.4% as compared to the
same period last year, and passenger traffic increased by 65.4% as compared to
the same period last year. For regional routes, passenger capacity increased
by 24.8% as compared to the same period last year, and passenger traffic
recorded an increase of 28.3% year on year. The passenger load factor was
79.7% representing an increase of 5.5 percentage points as compared to the
same period last year. Among which, the passenger load factor for domestic
routes increased by 6.5 percentage points year on year, the passenger load
factor for international routes increased by 4.5 percentage points as compared
to the same period last year, and the passenger load factor for regional
routes increased by 1.9 percentage points year on year.

 

In terms of cargo operations, cargo capacity (measured by available freight
tonne kilometers (the "AFTK")) increased by 15.8% year on year. Cargo and mail
traffic (measured by revenue freight tonne kilometers (the "RFTK")) increased
by 27.6% year on year. The cargo load factor was 38.4%, representing a
year-on-year increase of 3.6 percentage points.

 

Starting from 5 September 2024, the Company added Urumqi - Moscow route (three
flights per week). Starting from 15 September 2024, the Company added Hangzhou
- Hong Kong route (seven flights per week).

 

In September 2024, the Group introduced one ARJ21-700 aircraft and two B737
series aircraft. As at the end of September 2024, the Group operated a fleet
of 924 aircraft, including 401 self-owned aircraft, 227 aircraft under finance
lease and 296 aircraft under operating lease.

 

 

The following table sets forth key operating data of September 2024:

 

                                      September 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)             3,685.7         12.9                        -9.0                          33,334.9         24.8
 Domestic                             2,359.9         -0.9                        -11.3                         22,098.9         2.6
 International                        1,229.8         52.2                        -3.8                          10,309.7         127.3
 Regional                             96.0            26.1                        -13.7                         926.3            44.8
 2.   ASK (in million)(3)             29,470.0        11.8                        -12.4                         268,149.7        21.5
 Domestic                             20,356.3        -0.1                        -14.5                         190,473.1        2.6
 International                        8,309.6         55.4                        -6.3                          69,918.7         134.7
 Regional                             804.1           24.8                        -17.0                         7,757.9          47.2
 3.   AFTK (in million)(4)            1,030.6         15.8                        1.1                           9,169.4          34.1
 Domestic                             528.6           -3.6                        1.6                           4,964.1          2.3
 International                        481.7           47.5                        0.4                           4,010.9          117.0
 Regional                             20.4            33.4                        3.8                           194.4            40.5
 II.  Traffic
 1.   RTK (in million)(5)             2,487.4         21.4                        -10.7                         22,209.6         38.2
 Domestic                             1,630.8         9.0                         -11.5                         14,741.4         13.9
 International                        799.4           57.2                        -7.9                          6,896.9          150.0
 Regional                             57.1            29.8                        -24.6                         571.4            57.3
 2.   RPK (in million)(6)             23,476.1        20.0                        -15.9                         214,246.8        33.8
 Domestic                             16,633.1        8.5                         -17.1                         154,837.5        13.5
 International                        6,292.9         65.4                        -11.1                         53,766.2         168.2
 Regional                             550.1           28.3                        -27.3                         5,643.1          57.7
 3.   RFTK (in million)(7)            395.8           27.6                        0.2                           3,437.5          71.2
 Domestic                             150.3           11.2                        15.6                          1,206.5          23.7
 International                        239.6           40.0                        -7.4                          2,181.7          117.1
 Regional                             5.9             56.8                        -2.4                          49.3             75.8
 4.   Number of Passengers carried    12,616.1        14.9                        -17.3                         117,336.0        22.7

 (in thousand)
 Domestic                             10,909.2        9.8                         -17.0                         101,748.4        14.0
 International                        1,361.0         73.8                        -16.2                         12,049.4         192.0
 Regional                             345.9           29.4                        -27.8                         3,538.2          58.1
 5.   Total Cargo and Mail carried    128,527.3       18.4                        8.5                           1,069,338.6      42.6

 (in tonnes)
 Domestic                             88,729.4        9.2                         16.5                          714,337.1        21.8
 International                        36,141.1        45.1                        -6.0                          324,073.4        123.9
 Regional                             3,656.8         51.2                        -3.7                          30,928.1         66.4
 III. Load Factor
 1.   Passenger Load Factor (%)(8)    79.7            5.5                         -3.3                          79.9             7.3
 Domestic                             81.7            6.5                         -2.6                          81.3             7.8
 International                        75.7            4.5                         -4.1                          76.9             9.6
 Regional                             68.4            1.9                         -9.7                          72.7             4.9
 2.   Cargo and Mail Load             38.4            3.6                         -0.3                          37.5             8.1

 Factor (%)(9)
 Domestic                             28.4            3.8                         3.4                           24.3             4.2
 International                        49.8            -2.7                        -4.2                          54.4             0.0
 Regional                             28.7            4.3                         -1.8                          25.4             5.1
 3.   Overall Load Factor (%)(10)     67.5            4.7                         -1.3                          66.6             6.5
 Domestic                             69.1            6.2                         -0.1                          66.7             6.6
 International                        65.0            2.1                         -2.9                          66.9             6.1
 Regional                             59.5            1.7                         -8.6                          61.7             4.9

 

 

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 October 2024

 

 

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