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AIRC Air China Ld

78.8045
0.00 (0.00%)
Last Updated: 01:00:00
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 JANUARY 2017 (0248X)

16/02/2017 7:00am

UK Regulatory


Air China Ld (LSE:AIRC)
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TIDMAIRC

RNS Number : 0248X

Air China Ld

16 February 2017

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 JANUARY 2017

The enclosed announcement (the "SSE Announcement") was published by Air China Limited ("Air China") on the Shanghai Stock Exchange on 15 February 2017, which contains combined operating data for January 2017 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 February 2017

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 JANUARY   2017 

In January 2017, Air China Limited (the "Company"), and its subsidiaries (the "Group") continued to record 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 7.8%, and passenger traffic increased by 10.9%. For domestic routes, passenger capacity and passenger traffic increased by 10.9% and 13.2%, respectively, as compared to the same period last year. For international routes, passenger capacity and passenger traffic increased 4.4% and 8.6%, respectively, as compared to the same period last year. Passenger capacity on regional routes decreased by 5.1%, and passenger traffic saw a decline of 2.2%, as compared to the same period last year. The overall passenger load factor was 81.7%, an increase of 2.3 percentage points compared to the same period last year. The passenger load factor for domestic, international and regional grew by 1.7, 3.1, 2.3 percentage points, respectively.

In terms of cargo operations, in January 2017, the cargo and mail traffic (measured by revenue freight tonne kilometres ("RFTK")) recorded a slight increase and the freight tonnage carried displayed a slight decline as compared to the same period last year. As compared to the same period last month, both of the cargo and mail traffic and the freight tonnage carried recorded a fall. Cargo capacity (measured by available freight tonne kilometers ("AFTK")) rose by 6.2% year-on-year. Cargo and mail traffic increased by 0.3% and volume of cargo and mail dropped by 2.4% as compared to the same period last year. The cargo load factor was 49.8% in January 2017, representing a year-on-year decline of

2.9 percentage points.

In January 2017, the Group added one A321 and retired two B737-700. As at the end of January 2017, the Group operated a fleet of 624 aircrafts, including 261 self-owned aircrafts, 172 finance leased aircrafts and 191 operating leased aircrafts.

The following table sets forth key operating data for January 2017:

 
                                                     Change vs        Change vs         Cumulative 
                                    January            January         December        January2017           Cumulative 
                                    2017              2016 (%)         2016 (%)                              change (%) 
=======================  ==================  =================  ===============  =================  =================== 
I. Capacity 
=======================  ==================  =================  ===============  =================  =================== 
1. ATKs (in millions)1        2,973.0                      7.2              2.8         2,972.8                     7.2 
=======================  ==================  =================  ===============  =================  =================== 
         Domestic             1,482.1                   15.5                5.0         1,482.1                  15.5 
=======================  ==================  =================  ===============  =================  =================== 
         International        1,391.0                      0.4              0.4         1,390.8                     0.3 
=======================  ==================  =================  ===============  =================  =================== 
         Regional                   99.9                -4.8                4.7               99.9               -4.8 
=======================  ==================  =================  ===============  =================  =================== 
2. ASKs (in millions)2      20,556.7                       7.8              4.1       20,556.7                      7.8 
=======================  ==================  =================  ===============  =================  =================== 
         Domestic           12,370.3                    10.9                4.2       12,370.3                   10.9 
=======================  ==================  =================  ===============  =================  =================== 
         International        7,392.8                      4.4              3.9         7,392.8                     4.4 
=======================  ==================  =================  ===============  =================  =================== 
         Regional                 793.5                 -5.1                4.5             793.5                -5.1 
=======================  ==================  =================  ===============  =================  =================== 
3. AFTKs (in millions)3       1,118.4                      6.2              0.7         1,118.4                     6.2 
=======================  ==================  =================  ===============  =================  =================== 
         Domestic                 369.5                 32.0                7.6            369.5                 32.0 
=======================  ==================  =================  ===============  =================  =================== 
         International            723.6                 -3.1               -2.6             723.6                -3.1 
=======================  ==================  =================  ===============  =================  =================== 
         Regional                   25.3                -4.3                5.9               25.3               -4.3 
=======================  ==================  =================  ===============  =================  =================== 
II. Traffic 
=======================  ==================  =================  ===============  =================  =================== 
1. RTKs (in millions)4        2,031.3                      7.2             -1.2         2,031.3                     7.2 
=======================  ==================  =================  ===============  =================  =================== 
         Domestic             1,029.0                      9.8              1.3         1,029.0                     9.8 
=======================  ==================  =================  ===============  =================  =================== 
         International            938.4                    5.3             -3.7             938.4                   5.3 
=======================  ==================  =================  ===============  =================  =================== 
         Regional                   63.9                -3.8                0.3               63.9               -3.8 
=======================  ==================  =================  ===============  =================  =================== 
2. RPKs (in millions)5      16,803.9                    10.9                7.1       16,803.9                   10.9 
=======================  ==================  =================  ===============  =================  =================== 
         Domestic           10,186.2                    13.2                6.0       10,186.2                   13.2 
=======================  ==================  =================  ===============  =================  =================== 
         International        6,012.7                      8.6              9.2         6,012.7                     8.6 
=======================  ==================  =================  ===============  =================  =================== 
         Regional                 605.0                 -2.2                5.3             605.0                -2.2 
=======================  ==================  =================  ===============  =================  =================== 
3. RFTKs (in millions)6           556.6                    0.3           -15.0             556.6                    0.3 
=======================  ==================  =================  ===============  =================  =================== 
         Domestic                 138.6                 -4.0             -13.3             138.6                 -4.0 
=======================  ==================  =================  ===============  =================  =================== 
         International            409.7                    2.2           -15.5              409.7                   2.2 
=======================  ==================  =================  ===============  =================  =================== 
         Regional                       8.3           -14.4              -19.1                 8.3             -14.4 
=======================  ==================  =================  ===============  =================  =================== 
4. Number of Passengers 
 carried 
 (in thousands)                 8,411.2                   11.8              6.4           8,411.2                  11.8 
=======================  ==================  =================  ===============  =================  =================== 
         Domestic              6,838.5                  13.2                5.7         6,838.5                  13.2 
=======================  ==================  =================  ===============  =================  =================== 
         International         1,191.7                     8.2             10.8         1,191.7                     8.2 
=======================  ==================  =================  ===============  =================  =================== 
         Regional                 381.0                 -0.9                4.4             381.0                -0.9 
=======================  ==================  =================  ===============  =================  =================== 
 
 
                                                     Change vs          Change vs           Cumulative 
                                    January            January           December          January2017           Cumulative 
                                    2017              2016 (%)           2016 (%)                                change (%) 
=======================  ==================  =================  =================  ===================  =================== 
         5. Total Cargo 
          and 
          Mail tonnes 
          carried           145,413.2                     -2.4             -14.1        145,413.2                      -2.4 
=======================  ==================  =================  =================  ===================  =================== 
         Domestic           89,029.4                    -4.2             -12.6          89,029.4                     -4.2 
=======================  ==================  =================  =================  ===================  =================== 
         International      50,337.1                       2.2           -16.2          50,337.1                        2.2 
=======================  ==================  =================  =================  ===================  =================== 
         Regional             6,046.6                 -11.1              -19.1            6,046.6                  -11.1 
=======================  ==================  =================  =================  ===================  =================== 
III. Load Factor 
=======================  ==================  =================  =================  ===================  =================== 
1. Passenger Load 
 Factor 
 (%)7                               81.7                   2.3                2.3               81.7                    2.3 
=======================  ==================  =================  =================  ===================  =================== 
         Domestic                   82.3                   1.7                1.4               82.3                    1.7 
=======================  ==================  =================  =================  ===================  =================== 
         International              81.3                   3.1                3.9               81.3                    3.1 
=======================  ==================  =================  =================  ===================  =================== 
         Regional                   76.2                   2.3                0.6               76.2                    2.3 
=======================  ==================  =================  =================  ===================  =================== 
2. Cargo and Mail Load 
 Factor 
 (%)8                                 49.8                -2.9               -9.2                 49.8                 -2.9 
=======================  ==================  =================  =================  ===================  =================== 
         Domestic                   37.5              -14.1                -9.0                 37.5               -14.1 
=======================  ==================  =================  =================  ===================  =================== 
         International              56.6                   2.9             -8.6                 56.6                    2.9 
=======================  ==================  =================  =================  ===================  =================== 
         Regional                   33.0                -3.9             -10.1                  33.0                 -3.9 
=======================  ==================  =================  =================  ===================  =================== 
3. Overall Load Factor 
 (%)9                               68.3                   0.0             -2.7                 68.3                    0.0 
=======================  ==================  =================  =================  ===================  =================== 
         Domestic                   69.4                -3.6               -2.6                 69.4                 -3.6 
=======================  ==================  =================  =================  ===================  =================== 
         International              67.5                   3.2             -2.9                 67.5                    3.2 
=======================  ==================  =================  =================  ===================  =================== 
         Regional                   63.9                   0.7             -2.8                 63.9                    0.7 
=======================  ==================  =================  =================  ===================  =================== 
 

Notes:

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, 15 February 2017

This information is provided by RNS

The company news service from the London Stock Exchange

END

MSCOKADDQBKKCBD

(END) Dow Jones Newswires

February 16, 2017 02:00 ET (07:00 GMT)

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