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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 Trading Statement (6378H)

14/03/2018 7:00am

UK Regulatory


Air China Ld (LSE:AIRC)
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TIDMAIRC

RNS Number : 6378H

Air China Ld

14 March 2018

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 2018

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 Zhou Feng Tam Shuit Mui

Joint Company Secretaries

Beijing, the PRC, 13 March 2018

As at the date of this announcement, the directors of the Company are Mr. Cai Jianjiang, Mr. Song Zhiyong, Mr. John Robert Slosar, 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 FEBRUARY 2018

In February 2018, Air China Limited (the "Company"), and its subsidiaries (the "Group") maintained growth in combined passenger traffic (measured by revenue passenger kilometers (the "RPK")) as compared to the same period last year but recorded a decline as compared to the same period last month. Passenger capacity (measured by available seat kilometers (the "ASK")) and passenger traffic recorded a year-on-year increase of 11.8% and 10.7% respectively. For domestic routes, passenger capacity and passenger traffic increased by 10.2% and 9.3%, respectively, as compared to the same period last year. For international routes, passenger capacity and passenger traffic increased by 14.3% and 12.4%, respectively, as compared to the same period last year. Passenger capacity on regional routes increased by 13.9%, and passenger traffic recorded an increase of 18.7%, as compared to the same period last year. The overall passenger load factor was 82.6%, representing an decrease of 0.8 percentage points as compared to the same period last year. The passenger load factor for domestic and international routes decreased by 0.7 and 1.3 percentage points respectively. While the passenger load factor for regional routes increased by 3.3 percentage points.

In terms of cargo operations, in February 2018, cargo and mail traffic (measured by revenue freight tonne kilometers (the "RFTK")) maintained growth as compared to the same period last year but recorded a decrease as compared to the same period last month. Freight tonnage carried recorded decrease on both a year-on-year basis and a month-on-month basis. Cargo capacity (measured by available freight tonne kilometers (the "AFTK")) increased by 10.8% year-on-year. Cargo and mail traffic increased by 5.2% and the volume of cargo and mail carried decreased by 1.0% as compared to the same period last year. The cargo load factor was 44.5% in February 2018, representing a year-on- year decrease of 2.3 percentage points.

In February 2018, the Group introduced one A320NEO and one B787-9 aircraft, and retired one B777-200 and two 737-700 aircraft. As at the end of February 2018, the Group operated a fleet of 654 aircraft, including 276 self-owned aircraft, 176 aircraft under finance lease and 202 aircraft under operating lease.

The following table sets forth key operating data for February 2018:

 
                                                                                                                                         Year-on- 
                                                                  Year-on-             Month-                                                Year 
                                                                      Year                on-                                          Cumulative 
                                                                    Change              Month                                              Change 
                                          February                     (%)             Change                 Cumulative                      (%) 
                                          2018                                            (%)                 2018 
-------------------------  -----------------------  ----------------------  -----------------  -------------------------  ----------------------- 
 I. Capacity 
-------------------------  -----------------------  ----------------------  -----------------  -------------------------  ----------------------- 
 1. ATK (in million)1                      2,980.8                    11.4               -6.7                    6,177.5                      9.4 
-------------------------  -----------------------  ----------------------  -----------------  -------------------------  ----------------------- 
           Domestic                        1,540.5                    11.0               -0.9                    3,095.7                      7.9 
-------------------------  -----------------------  ----------------------  -----------------  -------------------------  ----------------------- 
           International                   1,337.7                    11.7              -13.4                    2,881.8                     11.3 
-------------------------  -----------------------  ----------------------  -----------------  -------------------------  ----------------------- 
           Regional                          102.6                    13.8                5.2                      200.1                      5.1 
-------------------------  -----------------------  ----------------------  -----------------  -------------------------  ----------------------- 
 2. ASK (in million)2                     20,901.3                    11.8               -5.5                   43,025.0                      9.6 
-------------------------  -----------------------  ----------------------  -----------------  -------------------------  ----------------------- 
           Domestic                       12,660.0                    10.2               -2.8                   25,684.0                      7.7 
-------------------------  -----------------------  ----------------------  -----------------  -------------------------  ----------------------- 
           International                   7,419.4                    14.3              -10.8                   15,736.9                     13.4 
-------------------------  -----------------------  ----------------------  -----------------  -------------------------  ----------------------- 
           Regional                          821.9                    13.9                5.1                    1,604.2                      5.7 
-------------------------  -----------------------  ----------------------  -----------------  -------------------------  ----------------------- 
 3. AFTK (in million)3                     1,095.1                    10.8               -8.8                    2,295.7                      8.9 
-------------------------  -----------------------  ----------------------  -----------------  -------------------------  ----------------------- 
           Domestic                          401.5                    13.3                4.7                      784.9                      8.3 
-------------------------  -----------------------  ----------------------  -----------------  -------------------------  ----------------------- 
           International                     668.2                     9.2              -15.8                    1,461.6                      9.4 
-------------------------  -----------------------  ----------------------  -----------------  -------------------------  ----------------------- 
           Regional                           25.4                    14.6                7.1                       49.1                      3.3 
-------------------------  -----------------------  ----------------------  -----------------  -------------------------  ----------------------- 
 II. Traffic 
-------------------------  -----------------------  ----------------------  -----------------  -------------------------  ----------------------- 
 1. RTK (in million)4                      1,984.5                     8.1              -10.1                    4,192.9                      8.4 
-------------------------  -----------------------  ----------------------  -----------------  -------------------------  ----------------------- 
           Domestic                        1,023.3                     5.8               -5.0                    2,100.8                      5.2 
-------------------------  -----------------------  ----------------------  -----------------  -------------------------  ----------------------- 
           International                     894.2                    10.3              -16.0                    1,958.5                     12.0 
-------------------------  -----------------------  ----------------------  -----------------  -------------------------  ----------------------- 
           Regional                           67.0                    15.4                0.5                      133.6                      9.5 
-------------------------  -----------------------  ----------------------  -----------------  -------------------------  ----------------------- 
 2. RPK (in million)5                     17,268.5                    10.7               -1.1                   34,736.7                      7.2 
-------------------------  -----------------------  ----------------------  -----------------  -------------------------  ----------------------- 
           Domestic                       10,721.3                     9.3                2.5                   21,177.8                      5.9 
-------------------------  -----------------------  ----------------------  -----------------  -------------------------  ----------------------- 
           International                   5,888.6                    12.4               -7.9                   12,283.5                      9.2 
-------------------------  -----------------------  ----------------------  -----------------  -------------------------  ----------------------- 
           Regional                          658.6                    18.7                6.8                    1,275.4                      9.8 
-------------------------  -----------------------  ----------------------  -----------------  -------------------------  ----------------------- 
 3. RFTK (in million)6                       487.0                     5.2              -26.5                    1,149.7                     12.8 
-------------------------  -----------------------  ----------------------  -----------------  -------------------------  ----------------------- 
           Domestic                           99.6                    -6.7              -35.4                      253.6                      3.4 
-------------------------  -----------------------  ----------------------  -----------------  -------------------------  ----------------------- 
           International                     380.9                     9.1              -23.7                      879.9                     16.0 
-------------------------  -----------------------  ----------------------  -----------------  -------------------------  ----------------------- 
           Regional                            6.6                    -6.6              -30.7                       16.2                      5.4 
-------------------------  -----------------------  ----------------------  -----------------  -------------------------  ----------------------- 
 
 
                                                                                                                                         Year-on- 
                                                                  Year-on-             Month-                                                Year 
                                                                      Year                on-                                          Cumulative 
                                                                    Change              Month                                              Change 
                                          February                     (%)             Change                 Cumulative                      (%) 
                                          2018                                            (%)                 2018 
-------------------------  -----------------------  ----------------------  -----------------  -------------------------  ----------------------- 
  4. Number of Passengers 
   carried (in thousand)                   8,768.9                     9.8                2.1                   17,359.3                      5.9 
-------------------------  -----------------------  ----------------------  -----------------  -------------------------  ----------------------- 
           Domestic                        7,158.6                     9.2                2.5                   14,139.4                      5.5 
-------------------------  -----------------------  ----------------------  -----------------  -------------------------  ----------------------- 
           International                   1,180.4                     9.5               -3.1                    2,399.3                      5.7 
-------------------------  -----------------------  ----------------------  -----------------  -------------------------  ----------------------- 
           Regional                          429.9                    22.6               10.0                      820.6                     12.1 
-------------------------  -----------------------  ----------------------  -----------------  -------------------------  ----------------------- 
  5. Total Cargo and Mail 
   carried (in tonnes)                   114,859.8                    -1.0              -30.4                  279,991.0                      7.1 
-------------------------  -----------------------  ----------------------  -----------------  -------------------------  ----------------------- 
           Domestic                       62,830.6                    -7.1              -34.5                  158,745.7                      1.3 
-------------------------  -----------------------  ----------------------  -----------------  -------------------------  ----------------------- 
           International                  47,390.7                     9.4              -23.9                  109,666.3                     17.1 
-------------------------  -----------------------  ----------------------  -----------------  -------------------------  ----------------------- 
           Regional                        4,638.6                    -8.0              -33.2                   11,579.0                      4.4 
-------------------------  -----------------------  ----------------------  -----------------  -------------------------  ----------------------- 
 III. Load Factor 
-------------------------  -----------------------  ----------------------  -----------------  -------------------------  ----------------------- 
  1. Passenger Load 
   Factor 
   (%)7                                       82.6                    -0.8                3.7                       80.7                     -1.8 
-------------------------  -----------------------  ----------------------  -----------------  -------------------------  ----------------------- 
           Domestic                           84.7                    -0.7                4.4                       82.5                     -1.4 
-------------------------  -----------------------  ----------------------  -----------------  -------------------------  ----------------------- 
           International                      79.4                    -1.3                2.5                       78.1                     -3.0 
-------------------------  -----------------------  ----------------------  -----------------  -------------------------  ----------------------- 
           Regional                           80.1                     3.3                1.3                       79.5                      3.0 
-------------------------  -----------------------  ----------------------  -----------------  -------------------------  ----------------------- 
  2. Cargo and Mail Load 
   Factor (%)8                                44.5                    -2.3              -10.7                       50.1                      1.7 
-------------------------  -----------------------  ----------------------  -----------------  -------------------------  ----------------------- 
           Domestic                           24.8                    -5.3              -15.4                       32.3                     -1.5 
-------------------------  -----------------------  ----------------------  -----------------  -------------------------  ----------------------- 
           International                      57.0                    -0.1               -5.9                       60.2                      3.4 
-------------------------  -----------------------  ----------------------  -----------------  -------------------------  ----------------------- 
           Regional                           25.8                    -5.8              -14.1                       33.0                      0.7 
-------------------------  -----------------------  ----------------------  -----------------  -------------------------  ----------------------- 
 3. Overall Load Factor 
  (%)9                                        66.6                    -2.1               -2.5                       67.9                     -0.6 
-------------------------  -----------------------  ----------------------  -----------------  -------------------------  ----------------------- 
           Domestic                           66.4                    -3.3               -2.9                       67.9                     -1.7 
-------------------------  -----------------------  ----------------------  -----------------  -------------------------  ----------------------- 
           International                      66.8                    -0.9               -2.1                       68.0                      0.4 
-------------------------  -----------------------  ----------------------  -----------------  -------------------------  ----------------------- 
           Regional                           65.3                     0.9               -3.1                       66.8                      2.7 
-------------------------  -----------------------  ----------------------  -----------------  -------------------------  ----------------------- 
 

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 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.

Board of Directors of Air China Limited

Beijing, the PRC, 13 March, 2018

This information is provided by RNS

The company news service from the London Stock Exchange

END

TSTEAKDLFEDPEEF

(END) Dow Jones Newswires

March 14, 2018 03:00 ET (07:00 GMT)

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