ANNOUNCEMENT ON KEY OPERATING DATA OF AUGUST 2024

Source: RNS
RNS Number : 2975E
Air China Ld
16 September 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 AUGUST 2024

 

The enclosed announcement (the "SSE Announcement") was published by Air China Limited (the "Air China") on the Shanghai Stock Exchange on 13 September 2024, which contains combined operating data for August 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, 13 September 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 AUGUST 2024

 

In August 2024, Air China Limited (the "Company") and its subsidiaries (the "Group") recorded a year-on-year and a month-on-month 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 12.4% and a month-on-month increase of 1.2%. Passenger traffic recorded a year-on-year increase of 21.7% and a month-on-month increase of 4.7%. Among which, for domestic routes, passenger capacity decreased by 0.5% year on year and increased by 0.8% month on month, and passenger traffic increased by 9.1% year on year and increased by 4.7% month on month. For international routes, passenger capacity increased by 69.5% and increased by 2.4% as compared to the same period last year and the previous month, respectively, and passenger traffic increased by 79.7% and increased by 4.6% as compared to the same period last year and the previous month, respectively. For regional routes, passenger capacity increased by 27.8% and increased by 1.7% as compared to the same period last year and the previous month, respectively, and passenger traffic recorded an increase of 27.3% year on year and an increase of 5.9% month on month. The passenger load factor was 82.9% representing an increase of 6.3 percentage points as compared to the same period last year and an increase of 2.7 percentage points as compared to the previous month. Among which, the passenger load factor for domestic routes increased by 7.4 percentage points year on year and increased by 3.1 percentage points month on month, the passenger load factor for international routes increased by 4.6 percentage points and increased by 1.7 percentage points as compared to the same period last year and the previous month, respectively, and the passenger load factor for regional routes decreased by 0.3 percentage points year on year and increased by 3.1 percentage points month on month.

 

In terms of cargo operations, cargo capacity (measured by available freight tonne kilometers (the "AFTK")) increased by 12.7% year on year and increased by 2.2% month on month. Cargo and mail traffic (measured by revenue freight tonne kilometers (the "RFTK")) increased by 35.2% year on year and decreased by 3.6% month on month. The cargo load factor was 38.7%, representing a year-on-year increase of 6.4 percentage points and a month-on-month decrease of 2.3 percentage points.

 

Starting from 27 August 2024, the Company resumed Shanghai Pudong - Barcelona route (three flights per week).

 

In August 2024, the Group introduced one ARJ21-700 aircraft, one C919 aircraft and five B737 series aircraft and retired two A320 series aircraft and one A330 aircraft. As at the end of August 2024, the Group operated a fleet of 921 aircraft, including 411 self-owned aircraft, 214 aircraft under finance lease and 296 aircraft under operating lease.

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

 


 

 

August 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

4,051.2

12.5

1.5

29,649.2

26.4

Domestic

2,661.3

-2.5

1.2

19,739.1

3.0

International

1,278.6

63.5

2.1

9,079.9

143.6

Regional

111.3

24.8

1.6

830.3

47.4

2. ASK (in million)3

33,650.8

12.4

1.2

238,679.6

22.9

Domestic

23,813.6

-0.5

0.8

170,116.7

3.0

International

8,868.4

69.5

2.4

61,609.1

152.0

Regional

968.8

27.8

1.7

6,953.8

50.3

3. AFTK (in million)4

1,019.4

12.7

2.2

8,138.8

36.8

Domestic

520.0

-9.8

2.8

4,435.6

3.0

International

479.8

54.7

1.6

3,529.2

131.9

Regional

19.7

11.5

1.2

174.0

41.4

II. Traffic






1. RTK (in million)5

2,786.4

23.3

3.0

19,722.2

40.7

Domestic

1,842.7

8.6

3.5

13,110.5

14.5

International

868.0

72.3

1.5

6,097.4

171.0

Regional

75.7

29.3

5.8

514.2

61.1

2. RPK (in million)6

27,904.1

21.7

4.7

190,770.8

35.7

Domestic

20,067.2

9.1

4.7

138,204.5

14.1

International

7,080.4

79.7

4.6

47,473.3

192.3

Regional

756.4

27.3

5.9

5,093.0

61.8

3. RFTK (in million)7

395.0

35.2

-3.6

3,041.7

79.1

Domestic

130.0

6.6

-0.5

1,056.2

25.7

International

258.9

55.8

-5.2

1,942.0

132.9

Regional

6.0

51.3

4.6

43.5

78.7


 

 

August 2024

 

Year-on-Year Change (%)1

Month-on- Month Change

(%)1

 

Cumulative

2024

Year-on-Year Cumulative Change (%)1

4. Number of Passengers carried (in thousand)

 

15,252.0

 

14.9

 

5.1

 

104,720.0

 

23.7

Domestic

13,148.6

9.0

4.9

90,839.2

14.5

International

1,624.1

94.6

6.3

10,688.4

219.7

Regional

479.3

26.3

6.4

3,192.3

62.0

5. Total Cargo and Mail carried (in tonnes)

 

118,414.4

 

19.3

 

-2.0

 

940,811.4

 

46.7

Domestic

76,176.4

4.6

-0.7

625,607.8

23.8

International

38,440.6

61.0

-5.2

287,932.3

140.3

Regional

3,797.4

46.7

6.5

27,271.3

68.7

III. Load Factor






1.  Passenger Load Factor (%)8

82.9

6.3

2.7

79.9

7.6

Domestic

84.3

7.4

3.1

81.2

7.9

International

79.8

4.6

1.7

77.1

10.6

Regional

78.1

-0.3

3.1

73.2

5.2

2. Cargo and Mail Load Factor (%)9

 

38.7

 

6.4

 

-2.3

 

37.4

 

8.8

Domestic

25.0

3.9

-0.8

23.8

4.3

International

54.0

0.4

-3.9

55.0

0.3

Regional

30.5

8.0

1.0

25.0

5.2

3. Overall Load Factor (%)10

68.8

6.0

1.0

66.5

6.8

Domestic

69.2

7.0

1.6

66.4

6.7

International

67.9

3.5

-0.4

67.2

6.8

Regional

68.1

2.4

2.7

61.9

5.3

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

 

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, 13 September 2024

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