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AIRC Air China Ld

78.8045
0.00 (0.00%)
26 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 FEBRUARY2017 (4898Z)

15/03/2017 8:00am

UK Regulatory


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TIDMAIRC

RNS Number : 4898Z

Air China Ld

15 March 2017

Click on, or paste the following link into your web browser, to view the associated PDF document.

http://www.rns-pdf.londonstockexchange.com/rns/4898Z_-2017-3-15.pdf

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 FEBRUARY 2017

 
 The enclosed announcement (the "SSE Announcement") 
  was published by Air China Limited (the "Air China") 
  on the Shanghai Stock Exchange on 14 March 2017, 
  which contains combined operating data for February 
  2017 for Air China and its subsidiaries (collectively, 
  the "Group"). 
 
  This announcement enclosing the SSE Announcement 
  is made by Air China pursuant to Rule 13.09 and Rule 
  13.10B of the Listing Rules and the Inside Information 
  Provisions (as defined in the Listing Rules) under 
  Part XIVA of the SFO. 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. 
-------------------------------------------------------- 
 

This announcement enclosing the SSE Announcement is made by Air China pursuant to Rule 13.09 and Rule 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 "SFO").

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, 14 March 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 FEBRUARY 2017

In February 2017, Air China Limited (the "Company"), and its subsidiaries (the "Group") continued to record an increase in combined passenger traffic (measured by revenue passenger kilometres (the "RPK")) as compared to the same period last year, with slight decrease as compared to the same period last month. Compared to the same period last year, passenger capacity (measured by available seat kilometres (the "ASK")) increased by 0.9%, and passenger traffic increased by 3.6%. For domestic routes, passenger capacity and passenger traffic increased by 2.1% and 4.4%, respectively, as compared to the same period last year. For international routes, passenger capacity and passenger traffic increased 1.7% and 5.1%, respectively, as compared to the same period last year. Passenger capacity on regional routes decreased by 19.0%, and passenger traffic saw a decline of 19.3%, as compared to the same period last year. The overall passenger load factor was 83.4%, an increase of 2.1 percentage points compared to the same period last year. The passenger load factor for domestic and international routes grew by 2.0 percentage points and 2.6 percentage points respectively while the passenger load factor for regional routes saw a decrease of 0.3 percentage points.

In terms of cargo operations, in February 2017, both the cargo and mail traffic (measured by revenue freight tonne kilometres (the "RFTK")) and freight tonnage carried displayed growth on a year-on-year basis, but recorded a decrease on a month-on-month basis. Cargo capacity (measured by available freight tonne kilometres (the "AFTK")) declined by 1.7% year-on-year. Cargo and mail traffic increased by 11.7% and the volume of cargo and mail carried rose by 18.3% as compared to the same period last year. The cargo load factor was 46.8% in February 2017, representing a year-on-year growth of 5.6 percentage points.

In February 2017, the Group introduced two A320 series aircraft, one B787-9 aircraft and one B737-800 aircraft. As at the end of February 2017, the Group operated a fleet of 628 aircraft, including 260 self-owned aircraft, 172 aircraft under finance lease and 196 aircraft under operating lease.

The following table sets forth the key operating data for February 2017:

 
                                                                              Year- 
                                          Year-     Month-                  on-Year 
                                        on-Year   on-Month               Cumulative 
                             February    Change     Change  Cumulative       Change 
                                 2017       (%)        (%)        2017          (%) 
--------------------------  ---------  --------  ---------  ----------  ----------- 
I. Capacity 
--------------------------  ---------  --------  ---------  ----------  ----------- 
1. ATK (in millions)(1)       2,675.4      -0.1       -9.9     5,648.5          3.6 
--------------------------  ---------  --------  ---------  ----------  ----------- 
    Domestic                  1,387.6       4.7       -6.1     2,869.6         10.0 
--------------------------  ---------  --------  ---------  ----------  ----------- 
    International             1,197.7      -3.4      -13.9     2,588.5         -1.4 
--------------------------  ---------  --------  ---------  ----------  ----------- 
    Regional                     90.2     -19.7      -10.0       190.3        -12.4 
--------------------------  ---------  --------  ---------  ----------  ----------- 
2. ASK (in millions)(2)      18,700.9       0.9       -8.8    39,257.6          4.4 
--------------------------  ---------  --------  ---------  ----------  ----------- 
    Domestic                 11,490.4       2.1       -6.7    23,860.7          6.5 
--------------------------  ---------  --------  ---------  ----------  ----------- 
    International             6,489.1       1.7      -12.2    13,879.8          3.1 
--------------------------  ---------  --------  ---------  ----------  ----------- 
    Regional                    721.5     -19.0       -9.3     1,517.2        -12.1 
--------------------------  ---------  --------  ---------  ----------  ----------- 
3. AFTK (in millions)(3)        987.9      -1.7      -11.7     2,106.3          2.3 
--------------------------  ---------  --------  ---------  ----------  ----------- 
    Domestic                    353.8      13.1       -4.3       723.3         22.0 
--------------------------  ---------  --------  ---------  ----------  ----------- 
    International               611.9      -7.8      -15.4     1,335.5         -5.3 
--------------------------  ---------  --------  ---------  ----------  ----------- 
    Regional                     22.2     -23.1      -12.3        47.5        -14.1 
--------------------------  ---------  --------  ---------  ----------  ----------- 
II. Traffic 
--------------------------  ---------  --------  ---------  ----------  ----------- 
1. RTK (in millions)(4)       1,836.3       5.9       -9.5     3,867.8          6.6 
--------------------------  ---------  --------  ---------  ----------  ----------- 
    Domestic                    967.3       7.2       -5.8     1,996.3          8.5 
--------------------------  ---------  --------  ---------  ----------  ----------- 
    International               811.1       6.4      -13.6     1,749.5          5.8 
--------------------------  ---------  --------  ---------  ----------  ----------- 
    Regional                     57.9     -16.0       -9.5       122.0         -9.9 
--------------------------  ---------  --------  ---------  ----------  ----------- 
2. RPK (in millions)(5)      15,605.5       3.6       -6.9    32,409.4          7.3 
--------------------------  ---------  --------  ---------  ----------  ----------- 
    Domestic                  9,811.3       4.4       -3.3    19,997.5          8.7 
--------------------------  ---------  --------  ---------  ----------  ----------- 
    International             5,239.2       5.1      -12.8    11,250.6          6.9 
--------------------------  ---------  --------  ---------  ----------  ----------- 
    Regional                    554.9     -19.3       -8.5     1,161.2        -11.1 
--------------------------  ---------  --------  ---------  ----------  ----------- 
3. RFTK (in millions)(6)        462.8      11.7      -16.9     1,019.4          5.2 
--------------------------  ---------  --------  ---------  ----------  ----------- 
    Domestic                    106.7      26.8      -23.0       245.2          7.3 
--------------------------  ---------  --------  ---------  ----------  ----------- 
    International               349.1       7.8      -14.8       758.9          4.7 
--------------------------  ---------  --------  ---------  ----------  ----------- 
    Regional                      6.9      13.6      -16.7        15.3         -3.6 
--------------------------  ---------  --------  ---------  ----------  ----------- 
4. Number of Passengers 
 carried (in thousands)       7,986.6       2.8       -4.7    16,397.8          7.2 
--------------------------  ---------  --------  ---------  ----------  ----------- 
    Domestic                  6,557.8       4.4       -3.7    13,396.4          8.7 
--------------------------  ---------  --------  ---------  ----------  ----------- 
    International             1,078.2       3.1       -9.5     2,269.1          5.7 
--------------------------  ---------  --------  ---------  ----------  ----------- 
    Regional                    350.5     -19.8       -8.2       732.3        -10.9 
--------------------------  ---------  --------  ---------  ----------  ----------- 
5. Total Cargo and 
 Mail carried (in tonnes)   115,991.2      18.3      -20.3   261,404.4          5.8 
--------------------------  ---------  --------  ---------  ----------  ----------- 
    Domestic                 67,617.9      23.6      -24.1   156,647.4          6.1 
--------------------------  ---------  --------  ---------  ----------  ----------- 
    International            43,491.0      10.5      -13.6    93,828.2          5.9 
--------------------------  ---------  --------  ---------  ----------  ----------- 
    Regional                  4,882.2      21.1      -19.3    10,928.8          0.9 
--------------------------  ---------  --------  ---------  ----------  ----------- 
III. Load Factor 
--------------------------  ---------  --------  ---------  ----------  ----------- 
1. Passenger Load Factor 
 (%)(7)                          83.4       2.1        1.6        82.6          2.2 
--------------------------  ---------  --------  ---------  ----------  ----------- 
    Domestic                     85.4       2.0        3.0        83.8          1.8 
--------------------------  ---------  --------  ---------  ----------  ----------- 
    International                80.7       2.6       -0.6        81.1          2.9 
--------------------------  ---------  --------  ---------  ----------  ----------- 
    Regional                     76.9      -0.3        0.7        76.5          0.9 
--------------------------  ---------  --------  ---------  ----------  ----------- 
2. Cargo and Mail Load 
 Factor (%)(8)                   46.8       5.6       -2.9        48.4          1.3 
--------------------------  ---------  --------  ---------  ----------  ----------- 
    Domestic                     30.2       3.3       -7.4        33.9         -4.6 
--------------------------  ---------  --------  ---------  ----------  ----------- 
    International                57.1       8.2        0.4        56.8          5.4 
--------------------------  ---------  --------  ---------  ----------  ----------- 
    Regional                     31.3      10.1       -1.7        32.1          3.5 
--------------------------  ---------  --------  ---------  ----------  ----------- 
3. Overall Load Factor 
 (%)(9)                          68.6       3.9        0.3        68.5          1.9 
--------------------------  ---------  --------  ---------  ----------  ----------- 
    Domestic                     69.7       1.7        0.2        69.6         -0.9 
--------------------------  ---------  --------  ---------  ----------  ----------- 
    International                67.7       6.2        0.2        67.6          4.6 
--------------------------  ---------  --------  ---------  ----------  ----------- 
    Regional                     64.3       2.9        0.4        64.1          1.8 
--------------------------  ---------  --------  ---------  ----------  ----------- 
 

Notes:

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

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

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

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

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

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

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

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

9. "Overall Load Factor" refers to RTK expressed as a percentage of available tonne kilometres

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, 14 March 2017

This information is provided by RNS

The company news service from the London Stock Exchange

END

MSCOKPDNNBKKOND

(END) Dow Jones Newswires

March 15, 2017 04:00 ET (08:00 GMT)

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