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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 JULY 2017 (1026O)

16/08/2017 7:52am

UK Regulatory


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TIDMAIRC

RNS Number : 1026O

Air China Ld

16 August 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 JULY 2017

 
 The enclosed announcement (the "SSE Announcement") was published by Air China 
  Limited (the "Air China") on the Shanghai Stock Exchange on 15 August 2017, 
  which contains combined operating data for July 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, 15 August 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. Wang Xiaokang*, Mr. Liu Deheng*, 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 2017

In July 2017, Air China Limited (the "Company"), and its subsidiaries (the "Group") recorded an increase in combined passenger traffic (measured by revenue passenger kilometers (the "RPK")) as compared to the same period last year and same period last month. Passenger capacity (measured by available seat kilometers (the "ASK")) and passenger traffic recorded a year-on-year increase of 4.1% and 2.9% respectively. For domestic routes, passenger capacity and passenger traffic increased by 2.4% and 3.0%, respectively, as compared to the same period last year. For international routes, passenger capacity and passenger traffic increased by 7.0% and 2.3%, respectively, as compared to the same period last year. Passenger capacity on regional routes increased by 1.3%, and passenger traffic saw an increase of 8.3%, as compared to the same period last year. The overall passenger load factor was 81.9%, representing a decline of 0.9 percentage point as compared to the same period last year. The passenger load factors for domestic routes and regional routes grew by 0.5 and 5.4 percentage points, respectively, as compared to the same period last year, and the passenger load factor for international routes saw a year-on-year decrease of 3.7 percentage points.

The Company launched a Wuhan-Hohhot-Xilinhot route (seven times a week) on 1 July 2017, and a Hohhot-Yinchuan-Haikou route (seven times a week) on 20 July 2017.

In terms of cargo operations, in July 2017, the cargo and mail traffic (measured by revenue freight tonne kilometres (the "RFTK")) recorded an increase on a year-on-year basis and on a month-on- month basis. Freight tonnage carried displayed a growth on a year-on-year basis, but recorded a slight decrease on a month-on-month basis. Cargo capacity (measured by available freight tonne kilometers (the "AFTK")) increased by 2.1% year-on-year. Cargo and mail traffic increased by 9.4% and the volume of cargo and mail carried rose by 5.3% as compared to the same period last year. The cargo load factor was 61.6% in July 2017, representing a year-on-year growth of 4.1 percentage points.

In July 2017, the Group introduced eight aircraft in total, including one B737-700 aircraft, three B737- 800 aircraft, two B777-300ER aircraft, one A321 aircraft and one A330 aircraft. As at the end of July 2017, the Group operated a fleet of 636 aircraft, including 251 self-owned aircraft, 180 aircraft under finance lease and 205 aircraft under operating lease.

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

 
                                                                                                                          Year- 
                                                   Year-               Month-                                           on-Year 
                                                   on-Year           on-Month                                        Cumulative 
                                                   Change              Change                                            Change 
                                                   (%)                    (%)                 Cumulative                    (%) 
                             July                                                             2017 
                             2017 
=======================  ========  =======================  =================  =========================  ===================== 
 I. Capacity 
=======================  ========  =======================  =================  =========================  ===================== 
 1. ATK (in millions)1    2,974.5                      3.3                6.3                   20,117.0                    3.7 
=======================  ========  =======================  =================  =========================  ===================== 
         Domestic         1,393.7                      3.9                8.1                    9,901.6                    6.9 
=======================  ========  =======================  =================  =========================  ===================== 
         International    1,485.6                      2.8                4.7                    9,560.7                    1.3 
=======================  ========  =======================  =================  =========================  ===================== 
         Regional            95.2                      2.8                7.1                      654.7                   -6.1 
=======================  ========  =======================  =================  =========================  ===================== 
 2. ASK (in millions)2   21,281.2                      4.1                7.8                  140,272.8                    4.7 
=======================  ========  =======================  =================  =========================  ===================== 
         Domestic        12,344.7                      2.4                8.5                   84,060.4                    4.5 
=======================  ========  =======================  =================  =========================  ===================== 
         International    8,156.2                      7.0                6.8                   50,940.3                    6.3 
=======================  ========  =======================  =================  =========================  ===================== 
         Regional           780.4                      1.3                6.8                    5,272.1                   -6.2 
=======================  ========  =======================  =================  =========================  ===================== 
 3. AFTK (in millions)3   1,056.4                      2.1                4.1                    7,464.5                    2.0 
=======================  ========  =======================  =================  =========================  ===================== 
         Domestic           285.1                     10.5                7.6                    2,342.9                   15.3 
=======================  ========  =======================  =================  =========================  ===================== 
         International      749.6                     -1.0                2.7                    4,962.8                   -3.0 
=======================  ========  =======================  =================  =========================  ===================== 
         Regional            21.7                      8.4                7.3                      158.9                   -5.7 
=======================  ========  =======================  =================  =========================  ===================== 
 II. Traffic 
=======================  ========  =======================  =================  =========================  ===================== 
 1. RTK (in millions)4    2,173.8                      4.7                5.5                   14,265.9                    6.1 
=======================  ========  =======================  =================  =========================  ===================== 
         Domestic         1,025.0                      2.4                4.0                    7,102.1                    5.3 
=======================  ========  =======================  =================  =========================  ===================== 
         International    1,079.6                      6.8                6.5                    6,732.2                    7.7 
=======================  ========  =======================  =================  =========================  ===================== 
         Regional            69.2                      9.2               13.2                      431.7                   -3.9 
=======================  ========  =======================  =================  =========================  ===================== 
 2. RPK (in millions)5   17,437.6                      2.9                9.5                  113,852.6                    5.9 
=======================  ========  =======================  =================  =========================  ===================== 
         Domestic        10,310.3                      3.0                7.7                   69,956.1                    5.8 
=======================  ========  =======================  =================  =========================  ===================== 
         International    6,478.7                      2.3               11.9                   39,893.9                    7.4 
=======================  ========  =======================  =================  =========================  ===================== 
         Regional           648.6                      8.3               16.0                    4,002.6                   -4.5 
=======================  ========  =======================  =================  =========================  ===================== 
 3. RFTK (in millions)6     650.2                      9.4                1.9                    4,181.0                    6.7 
=======================  ========  =======================  =================  =========================  ===================== 
         Domestic           126.0                     -1.1               -3.3                      917.8                    2.5 
=======================  ========  =======================  =================  =========================  ===================== 
         International      514.5                     12.2                3.2                    3,200.4                    8.1 
=======================  ========  =======================  =================  =========================  ===================== 
         Regional             9.7                     16.2                3.5                       62.8                    0.3 
=======================  ========  =======================  =================  =========================  ===================== 
 
 
                                                                                                                             Year- 
                                                      Year-               Month-                                           on-Year 
                                                      on-Year           on-Month                                        Cumulative 
                                                      Change              Change                                            Change 
                                                      (%)                    (%)                 Cumulative                    (%) 
                           July 2017                                                             2017 
=======================  ===========  =======================  =================  =========================  ===================== 
  4. Number of 
   Passengers 
   carried (in 
   thousands)                8,638.2                      1.1                8.2                   57,839.3                    4.4 
=======================  ===========  =======================  =================  =========================  ===================== 
         Domestic            7,031.9                      2.5                6.9                   47,636.5                    5.7 
=======================  ===========  =======================  =================  =========================  ===================== 
         International       1,190.6                     -8.0               13.3                    7,656.5                   -0.1 
=======================  ===========  =======================  =================  =========================  ===================== 
         Regional              415.7                      7.3               16.5                    2,546.3                   -5.2 
=======================  ===========  =======================  =================  =========================  ===================== 
  5. Total Cargo and 
   Mail 
   carried (in tonnes)     150,119.4                      5.3               -0.4                1,023,852.6                    4.7 
=======================  ===========  =======================  =================  =========================  ===================== 
         Domestic           79,637.2                     -1.7               -3.4                  581,768.3                    1.3 
=======================  ===========  =======================  =================  =========================  ===================== 
         International      63,551.0                     14.3                3.2                  396,860.9                   10.1 
=======================  ===========  =======================  =================  =========================  ===================== 
         Regional            6,931.2                     17.9                4.0                   45,223.3                    5.3 
=======================  ===========  =======================  =================  =========================  ===================== 
 III. Load Factor 
=======================  ===========  =======================  =================  =========================  ===================== 
 1. Passenger Load 
  Factor 
  (%)7                          81.9                     -0.9                1.3                       81.2                    0.9 
=======================  ===========  =======================  =================  =========================  ===================== 
         Domestic               83.5                      0.5               -0.6                       83.2                    1.0 
=======================  ===========  =======================  =================  =========================  ===================== 
         International          79.4                     -3.7                3.6                       78.3                    0.8 
=======================  ===========  =======================  =================  =========================  ===================== 
         Regional               83.1                      5.4                6.6                       75.9                    1.4 
=======================  ===========  =======================  =================  =========================  ===================== 
  2. Cargo and Mail 
   Load 
   Factor (%)8                  61.6                      4.1               -1.3                       56.0                    2.4 
=======================  ===========  =======================  =================  =========================  ===================== 
         Domestic               44.2                     -5.2               -5.0                       39.2                   -4.9 
=======================  ===========  =======================  =================  =========================  ===================== 
         International          68.6                      8.1                0.4                       64.5                    6.6 
=======================  ===========  =======================  =================  =========================  ===================== 
         Regional               44.5                      3.0               -1.6                       39.5                    2.4 
=======================  ===========  =======================  =================  =========================  ===================== 
 3. Overall Load Factor 
  (%)9                          73.1                      1.0               -0.6                       70.9                    1.6 
=======================  ===========  =======================  =================  =========================  ===================== 
         Domestic               73.5                     -1.1               -2.9                       71.7                   -1.1 
=======================  ===========  =======================  =================  =========================  ===================== 
         International          72.7                      2.7                1.3                       70.4                    4.2 
=======================  ===========  =======================  =================  =========================  ===================== 
         Regional               72.7                      4.3                3.9                       65.9                    1.5 
=======================  ===========  =======================  =================  =========================  ===================== 
 

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 freight tonne 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 August 2017

This information is provided by RNS

The company news service from the London Stock Exchange

END

MSCEAAPKFDPXEEF

(END) Dow Jones Newswires

August 16, 2017 02:52 ET (06:52 GMT)

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