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AIRC Air China Ld

78.8045
0.00 (0.00%)
25 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Air China Ld LSE:AIRC London Ordinary Share CNE1000001S0 H SHS CNY1
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 78.8045 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Air Transport, Scheduled 140.73B -1.05B -0.2112 -3.73 3.91B

Air China Ld ANNOUNCEMENT ON KEY OPERATING DATA OF JULY 2016 (3733H)

17/08/2016 7:01am

UK Regulatory


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TIDMAIRC

RNS Number : 3733H

Air China Ld

17 August 2016

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.

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 JULY 2016

The enclosed announcement (the "SSE Announcement") was published by Air China Limited ("Air China") on the Shanghai Stock Exchange on 15 August 2016, which contains combined operating data for July 2016 for Air China and its subsidiaries (collectively, the "Group"). The information contained in the SSE Announcement may be price sensitive. This announcement enclosing the SSE Announcement is being issued pursuant to Part XIVA of the Securities and Futures Ordinance. The data in the SSE Announcement was calculated based on the internal statistics of the Group, which may differ from the data disclosed in the relative periodic reports.

This announcement is issued by Air China pursuant to Part XIVA of the Securities and Futures Ordinance.

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 advised to exercise caution in dealing in shares of Air China.

By Order of the Board

Air China Limited

Rao Xinyu Tam Shuit Mui

Joint Company Secretaries

Beijing, the PRC, 15 August 2016

As at the date of this announcement, the directors of the Company are Mr. Cai Jianjiang, Mr. Song Zhiyong, Mr. Cao Jianxiong, Mr. Feng Gang, Mr. John Robert Slosar, Mr. Ian Sai Cheung Shiu, Mr. Pan Xiaojiang*, Mr. Simon To Chi Keung*, Mr. Stanley Hui Hon-chung* and Mr. Li Dajin*.

* 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 JULY 2016

In July 2016, Air China Limited (the "Company"), and its subsidiaries (the "Group") recorded an increase in combined passenger traffic (measured by revenue passenger kilometers ("RPK")) as compared to the same period last year and to last month, respectively. Compared to the same period last year, passenger capacity (measured by available seat kilometers ("ASK")) increased by 7.7%, while passenger traffic, increased by 9.7%. For domestic routes, passenger capacity and passenger traffic increased by 2.3% and 4.0%, respectively, as compared to the same period last year. For international routes, passenger capacity and passenger traffic increased by 19.3% and 21.0%, respectively, as compared to the same period last year. Passenger capacity on regional routes decreased by 3.9%, while passenger traffic saw a growth of 4.0%, as compared to the same period last year. The overall passenger load factor was 82.9%, representing an increase of 1.5 percentage point compared to the same period last year. The passenger load factor for domestic, international and regional grew by 1.4, 1.2 and 5.9 percentage points, respectively.

The Group launched a Hangzhou - Surat Thani route (three times a week) on 5 July 2016, a Yinchuan - Chongqing - Nha Trang route (seven times a week) on 15 July 2016, a Beijing - Hami - Shihezi route (three times a week) and a Beijing - Korla route (four times a week) on 21 July 2016.

In terms of cargo operations, in July 2016, both Revenue Freight Tonne Kilometres ("RFTK")) and freight tonnage carried recorded an increase on a year-on-year basis, but a slight decline as compared to last month. Cargo capacity (measured by available freight tonne kilometers ("AFTK")) rose by 2.7% year-on-year. Cargo and mail traffic increased by 2.3% and volume of cargo and mail uplifted grew by 3.2% as compared to the same period last year. The cargo load factor was 57.3% in July 2016, representing a year-on-year decrease of 0.2 percentage point.

In July 2016, the Group introduced one B787-9, one B737-800, one B737-700 and three A320, and retired one B777-200. As at the end of July 2016, the Group operated a fleet of 607 aircraft.

The following table sets forth key operating data for July 2016:

 
                                                                Change vs                 Change vs 
                                                                July 2015                 June 2016 
                                                                 (%)                       (%)           Cumulative         Cumulative 
                                                                                                          July 2016          change (%) 
                                  July 2016 
--------------------------  -------------------  ------------------------  ------------------------  ------------------  ------------------ 
I. Capacity 
--------------------------  -------------------  ------------------------  ------------------------  ------------------  ------------------ 
1. ATKs (in millions)1                 2879.1                         5.9                       8.0           19399.1                   8.9 
--------------------------  -------------------  ------------------------  ------------------------  ------------------  ------------------ 
            Domestic                   1341.1                         3.0                       7.5             9260.7                  4.7 
--------------------------  -------------------  ------------------------  ------------------------  ------------------  ------------------ 
            International              1445.4                         9.7                       9.0             9441.5                 14.4 
--------------------------  -------------------  ------------------------  ------------------------  ------------------  ------------------ 
            Regional                      92.6                  -6.7                            0.5              696.9                 -2.6 
--------------------------  -------------------  ------------------------  ------------------------  ------------------  ------------------ 
2. ASKs (in millions)2               20438.6                          7.7                       9.0         133825.6                    9.8 
--------------------------  -------------------  ------------------------  ------------------------  ------------------  ------------------ 
            Domestic                 12055.9                          2.3                       7.8           80383.9                   4.6 
--------------------------  -------------------  ------------------------  ------------------------  ------------------  ------------------ 
            International              7612.3                  19.3                      11.9                 47820.5                  21.4 
--------------------------  -------------------  ------------------------  ------------------------  ------------------  ------------------ 
            Regional                    770.4                   -3.9                            1.4             5621.2                 -0.5 
--------------------------  -------------------  ------------------------  ------------------------  ------------------  ------------------ 
3. AFTKs (in millions)3                1036.2                         2.7                       6.2             7325.0                  7.4 
--------------------------  -------------------  ------------------------  ------------------------  ------------------  ------------------ 
            Domestic                    258.2                         6.0                       6.2             2033.8                  5.0 
--------------------------  -------------------  ------------------------  ------------------------  ------------------  ------------------ 
            International               758.0                         2.3                       6.5             5122.7                  9.1 
--------------------------  -------------------  ------------------------  ------------------------  ------------------  ------------------ 
            Regional                      20.0                -16.0                       -3.5                   168.5                 -9.4 
--------------------------  -------------------  ------------------------  ------------------------  ------------------  ------------------ 
II. Traffic 
--------------------------  -------------------  ------------------------  ------------------------  ------------------  ------------------ 
1. RTKs (in millions)4                 2075.9                         7.4                       6.2           13446.5                   8.4 
--------------------------  -------------------  ------------------------  ------------------------  ------------------  ------------------ 
            Domestic                   1001.3                         4.5                       4.1             6745.2                  5.2 
--------------------------  -------------------  ------------------------  ------------------------  ------------------  ------------------ 
            International              1011.3                  10.9                             8.6             6252.2                 12.3 
--------------------------  -------------------  ------------------------  ------------------------  ------------------  ------------------ 
            Regional                      63.4                        1.3                       2.3              449.1                  5.0 
--------------------------  -------------------  ------------------------  ------------------------  ------------------  ------------------ 
2. RPKs (in millions)5               16944.3                          9.7                11.0               107453.1                   10.1 
--------------------------  -------------------  ------------------------  ------------------------  ------------------  ------------------ 
            Domestic                 10010.8                          4.0                       7.4           66119.7                   5.1 
--------------------------  -------------------  ------------------------  ------------------------  ------------------  ------------------ 
            International              6334.7                  21.0                      17.8                 37141.8                  20.7 
--------------------------  -------------------  ------------------------  ------------------------  ------------------  ------------------ 
            Regional                    598.8                         4.0                       6.0             4191.6                  6.5 
--------------------------  -------------------  ------------------------  ------------------------  ------------------  ------------------ 
3. RFTKs (in millions)6                 594.1                         2.3                 -0.3                  3918.7                  4.6 
--------------------------  -------------------  ------------------------  ------------------------  ------------------  ------------------ 
            Domestic                    127.4                         8.1                 -4.0                   895.7                  5.7 
--------------------------  -------------------  ------------------------  ------------------------  ------------------  ------------------ 
            International               458.4                         1.2                       1.1             2960.4                  4.5 
--------------------------  -------------------  ------------------------  ------------------------  ------------------  ------------------ 
            Regional                        8.3               -14.2                     -14.6                      62.6                -5.1 
--------------------------  -------------------  ------------------------  ------------------------  ------------------  ------------------ 
 4. Number of Passengers 
  carried (in thousands)                 8541.6                       6.7                       8.9             55398.3                 7.2 
--------------------------  -------------------  ------------------------  ------------------------  ------------------  ------------------ 
            Domestic                   6860.8                         2.6                       7.5           45050.7                   4.6 
--------------------------  -------------------  ------------------------  ------------------------  ------------------  ------------------ 
            International              1293.4                  36.8                      17.6                   7662.0                 25.4 
--------------------------  -------------------  ------------------------  ------------------------  ------------------  ------------------ 
            Regional                    387.3                         3.3                       6.4             2685.6                  6.8 
--------------------------  -------------------  ------------------------  ------------------------  ------------------  ------------------ 
5. Total Cargo tonnes 
 carried                           142532.6                           3.2                 -2.8              977232.9                    4.4 
--------------------------  -------------------  ------------------------  ------------------------  ------------------  ------------------ 
            Domestic                 81042.7                          5.5                 -4.8              573900.1                    4.5 
--------------------------  -------------------  ------------------------  ------------------------  ------------------  ------------------ 
            International            55608.6                          1.7                       1.2         360384.6                    4.9 
--------------------------  -------------------  ------------------------  ------------------------  ------------------  ------------------ 
            Regional                   5881.2                 -10.8                     -10.2                 42948.2                  -2.0 
--------------------------  -------------------  ------------------------  ------------------------  ------------------  ------------------ 
 
 
                                                               Change vs                 Change vs 
                                                               July 2015                 June 2016 
                                                                (%)                       (%)           Cumulative         Cumulative 
                                                                                                         July 2016         change (%) 
                                  July 2016 
--------------------------  ------------------  ------------------------  ------------------------  ------------------  ------------- 
III. Load Factor 
--------------------------  ------------------  ------------------------  ------------------------  ------------------  ------------- 
1. Passenger Load Factor 
 (%)7                                     82.9                       1.5                       1.5                80.3            0.2 
--------------------------  ------------------  ------------------------  ------------------------  ------------------  ------------- 
            Domestic                      83.0                       1.4                 -0.3                     82.3            0.4 
--------------------------  ------------------  ------------------------  ------------------------  ------------------  ------------- 
            International                 83.2                       1.2                       4.2                77.7           -0.5 
--------------------------  ------------------  ------------------------  ------------------------  ------------------  ------------- 
            Regional                      77.7                       5.9                       3.4                74.6            4.9 
--------------------------  ------------------  ------------------------  ------------------------  ------------------  ------------- 
2. Cargo Load Factor 
 (%)8                                     57.3                 -0.2                      -3.8                     53.5           -1.4 
--------------------------  ------------------  ------------------------  ------------------------  ------------------  ------------- 
            Domestic                      49.3                       1.0                 -5.3                     44.0            0.3 
--------------------------  ------------------  ------------------------  ------------------------  ------------------  ------------- 
            International                 60.5                 -0.6                      -3.3                     57.8           -2.5 
--------------------------  ------------------  ------------------------  ------------------------  ------------------  ------------- 
            Regional                      41.5                       0.9                 -5.4                     37.1            1.7 
--------------------------  ------------------  ------------------------  ------------------------  ------------------  ------------- 
3. Overall Load Factor 
 (%)9                                     72.1                       1.0                 -1.2                     69.3           -0.3 
--------------------------  ------------------  ------------------------  ------------------------  ------------------  ------------- 
            Domestic                      74.7                       1.1                 -2.4                     72.8            0.3 
--------------------------  ------------------  ------------------------  ------------------------  ------------------  ------------- 
            International                 70.0                       0.8                 -0.3                     66.2           -1.2 
--------------------------  ------------------  ------------------------  ------------------------  ------------------  ------------- 
            Regional                      68.5                       5.4                       1.2                64.4            4.7 
--------------------------  ------------------  ------------------------  ------------------------  ------------------  ------------- 
 

Note:

1. "ATK(s)" refers to the number of tonnes of capacity available for transportation multiplied by the kilometers flown

2. "ASK(s)" refers to the number of seats available for sale multiplied by the kilometers flown

3. "AFTK(s)" refers to the number of tonnes of capacity available for the carriage of cargo and mail multiplied by the kilometers flown

4. "RTK(s)" refers to the revenue load (passenger and cargo) in tonnes multiplied by the kilometers flown

5. "RPK(s)" refers to the number of revenue passengers carried multiplied by the kilometers flown

6. "RFTK(s)" refers to the revenue cargo and mail load in tonnes multiplied by the kilometers flown

7. "Passenger Load Factor" refers to revenue passenger kilometers expressed as a percentage of available seat kilometers

8. "Cargo and Mail Load Factor" refers to revenue freight tonne kilometers expressed as a percentage of available seat kilometers

9. "Overall Load Factor" refers to RTKs expressed as a percentage of available tonne kilometers

1.

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 results from inappropriate reliance upon or utilization of the information given above.

By Order of the Board

Rao Xinyu

Board Secretary

Beijing, the PRC, 15 August 2016

This information is provided by RNS

The company news service from the London Stock Exchange

END

MSCEALPXFFPKEEF

(END) Dow Jones Newswires

August 17, 2016 02:01 ET (06:01 GMT)

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