ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for discussion Register to chat with like-minded investors on our interactive forums.

AIRC Air China Ld

78.8045
0.00 (0.00%)
24 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 AUGUST 2016 (7999J)

14/09/2016 9:00am

UK Regulatory


Air China Ld (LSE:AIRC)
Historical Stock Chart


From Apr 2019 to Apr 2024

Click Here for more Air China Ld Charts.

TIDMAIRC

RNS Number : 7999J

Air China Ld

14 September 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 AUGUST 2016

The enclosed announcement (the "SSE Announcement") was published by Air China Limited ("Air China") on the Shanghai Stock Exchange on 13 September 2016, which contains combined operating data for August 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, 13 September 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 AUGUST 2016

In August 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 7.0%, while passenger traffic, increased by 7.4%. For domestic routes, passenger capacity and passenger traffic increased by 1.4% and 3.1%, respectively, as compared to the same period last year. For international routes, passenger capacity and passenger traffic increased by 19.2% and 16.8%, respectively, as compared to the same period last year. For regional routes, passenger capacity and passenger traffic decreased by 8.6% and 8.1%, respectively, as compared to the same period last year. The overall passenger load factor was 84.6%, an increase of 0.3 percentage point compared to the same period last year. The passenger load factor for domestic and regional grew by 1.4 percentage points and 0.4 percentage point respectively while the passenger load factor of international routes saw a decrease of 1.7 percentage points.

The Company launched a Beijing-Shiyan route (four times a week) on 7 August 2016, a Xining- Chengdu-Tokyo route (four times a week) on 12 August 2016, and a Chongqing-Korla route (four times a week) on 29 August 2016.

In terms of cargo operations, in August 2016, both Revenue Freight Tonne Kilometres ("RFTK")) and freight tonnage carried recorded an increase on a year-on-year basis and a monthly basis. Cargo capacity (measured by available freight tonne kilometers ("AFTK")) rose by 5.7% year-on-year. Cargo and mail traffic increased by 8.8% and volume of cargo and mail uplifted grew by 6.5% as compared to the same period last year. The cargo load factor was 54.7% in August 2016, representing a year-on-year increase of 1.5 percentage points.

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

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

 
                                          Change    Change  Cumulative 
                                       vs August   vs July 
                                            2015      2016 
                              August         (%)       (%)      August   Cumulative 
                                                                             change 
                                                                                (%) 
                                2016                              2016 
I. Capacity 
                            --------  ----------  --------  ----------  ----------- 
1. ATKs (in millions)(1)      2964.2         6.5       3.0     22363.3          8.6 
                            --------  ----------  --------  ----------  ----------- 
            Domestic          1365.9         3.0       1.9     10626.6          4.5 
                            --------  ----------  --------  ----------  ----------- 
            International     1505.2        11.4       4.1     10946.7         14.0 
                            --------  ----------  --------  ----------  ----------- 
            Regional            93.1       -11.1       0.5       790.0         -3.7 
                            --------  ----------  --------  ----------  ----------- 
2. ASKs (in millions)(2)     20825.7         7.0       1.9    154651.3          9.4 
                            --------  ----------  --------  ----------  ----------- 
            Domestic         12124.9         1.4       0.6     92508.8          4.2 
                            --------  ----------  --------  ----------  ----------- 
            International     7934.4        19.2       4.2     55754.9         21.1 
                            --------  ----------  --------  ----------  ----------- 
            Regional           766.5        -8.6      -0.5      6387.6         -1.6 
                            --------  ----------  --------  ----------  ----------- 
3. AFTKs (in millions)(3)     1086.4         5.7       4.8      8411.4          7.2 
                            --------  ----------  --------  ----------  ----------- 
            Domestic           276.8        10.2       7.2      2310.6          5.6 
                            --------  ----------  --------  ----------  ----------- 
            International      788.7         5.1       4.1      5911.4          8.5 
                            --------  ----------  --------  ----------  ----------- 
            Regional            20.8       -19.6       4.1       189.4        -10.6 
                            --------  ----------  --------  ----------  ----------- 
II. Traffic 
                            --------  ----------  --------  ----------  ----------- 
1. RTKs (in millions)(4)      2131.8         7.8       2.7     15578.3          8.3 
                            --------  ----------  --------  ----------  ----------- 
            Domestic          1031.4         3.8       3.0      7776.5          5.0 
                            --------  ----------  --------  ----------  ----------- 
            International     1036.9        13.2       2.5      7289.1         12.5 
                            --------  ----------  --------  ----------  ----------- 
            Regional            63.6        -8.1       0.3       512.7          3.2 
                            --------  ----------  --------  ----------  ----------- 
2. RPKs (in millions)(5)     17624.6         7.4       4.0    125077.7          9.7 
                            --------  ----------  --------  ----------  ----------- 
            Domestic         10334.2         3.1       3.2     76453.9          4.8 
                            --------  ----------  --------  ----------  ----------- 
            International     6686.4        16.8       5.6     43828.2         20.1 
                            --------  ----------  --------  ----------  ----------- 
            Regional           604.0        -8.1       0.9      4795.6          4.4 
                            --------  ----------  --------  ----------  ----------- 
3. RFTKs (in millions)(6)      594.1         8.8       0.0      4512.8          5.1 
                            --------  ----------  --------  ----------  ----------- 
            Domestic           133.6         7.9       4.9      1029.3          6.0 
                            --------  ----------  --------  ----------  ----------- 
            International      452.5         9.5      -1.3      3412.9          5.1 
                            --------  ----------  --------  ----------  ----------- 
            Regional             8.1       -10.8      -3.1        70.6         -5.8 
                            --------  ----------  --------  ----------  ----------- 
4. Number of Passengers 
 carried (in thousands)       8845.7         5.2       3.6     64244.1          6.9 
                            --------  ----------  --------  ----------  ----------- 
            Domestic          7111.8         2.8       3.7     52162.5          4.4 
                            --------  ----------  --------  ----------  ----------- 
            International     1343.7        25.8       3.9      9005.7         25.4 
                            --------  ----------  --------  ----------  ----------- 
            Regional           390.3        -7.9       0.8      3075.9          4.7 
                            --------  ----------  --------  ----------  ----------- 
5. Total Cargo 
 tonnes carried             144997.1         6.5       1.7   1122230.0          4.6 
                            --------  ----------  --------  ----------  ----------- 
            Domestic         84765.3         6.1       4.6    658665.4          4.7 
                            --------  ----------  --------  ----------  ----------- 
            International    54374.6         8.5      -2.2    414759.2          5.4 
                            --------  ----------  --------  ----------  ----------- 
            Regional          5857.1        -4.0      -0.4     48805.4         -2.2 
                            --------  ----------  --------  ----------  ----------- 
 
 
                                         Change    Change  Cumulative 
                                      vs August   vs July 
                                           2015      2016 
                             August         (%)       (%)      August   Cumulative 
                                                                            change 
                                                                               (%) 
                               2016                              2016 
III. Load Factor 
                            -------  ----------  --------  ----------  ----------- 
1. Passenger Load 
 Factor (%)(7)                 84.6         0.3       1.7        80.9          0.2 
                            -------  ----------  --------  ----------  ----------- 
            Domestic           85.2         1.4       2.2        82.6          0.5 
                            -------  ----------  --------  ----------  ----------- 
            International      84.3        -1.7       1.1        78.6         -0.7 
                            -------  ----------  --------  ----------  ----------- 
            Regional           78.8         0.4       1.1        75.1          4.3 
                            -------  ----------  --------  ----------  ----------- 
2. Cargo Load Factor 
 (%)(8)                        54.7         1.5      -2.6        53.7         -1.1 
                            -------  ----------  --------  ----------  ----------- 
            Domestic           48.3        -1.0      -1.1        44.5          0.2 
                            -------  ----------  --------  ----------  ----------- 
            International      57.4         2.3      -3.1        57.7         -1.9 
                            -------  ----------  --------  ----------  ----------- 
            Regional           38.7         3.8      -2.9        37.3          1.9 
                            -------  ----------  --------  ----------  ----------- 
3. Overall Load 
 Factor (%)(9)                 71.9         0.8      -0.2        69.7         -0.2 
                            -------  ----------  --------  ----------  ----------- 
            Domestic           75.5         0.6       0.8        73.2          0.4 
                            -------  ----------  --------  ----------  ----------- 
            International      68.9         1.1      -1.1        66.6         -0.9 
                            -------  ----------  --------  ----------  ----------- 
            Regional           68.3         2.2      -0.2        64.9          4.3 
                            -------  ----------  --------  ----------  ----------- 
 

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 

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, 13 September 2016

This information is provided by RNS

The company news service from the London Stock Exchange

END

MSCUSUBRNUAKARR

(END) Dow Jones Newswires

September 14, 2016 04:00 ET (08:00 GMT)

1 Year Air China Ld Chart

1 Year Air China Ld Chart

1 Month Air China Ld Chart

1 Month Air China Ld Chart

Your Recent History

Delayed Upgrade Clock