Air China Ld ANNOUNCEMENT ON KEY OPERATING DATA OF APRIL 2024

RNS Number : 8797O

Air China Ld

17 May 2024

 

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.

 

 

中國國際航空股份有限公司

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 APRIL 2024

 

The enclosed announcement (the "SSE Announcement") was published by Air China Limited (the "Air China") on the Shanghai Stock Exchange on 16 May 2024, which contains combined operating data for April 2024 for Air China and its subsidiaries (collectively, the "Group"). This announcement enclosing the SSE Announcement is made by Air China pursuant to Rules 13.09 and 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 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 hereby reminded of the risks which may result from inappropriate reliance upon or utilization of the information given above.

 

By Order of the Board

Air China Limited 

Xiao Feng    Huen Ho Yin

 Joint Company Secretaries

                             

 

Beijing, the PRC, 16 May 2024

 

As at the date of this announcement, the directors of the Company are Mr. Ma Chongxian, Mr. Wang Mingyuan, Mr. Feng Gang, Mr. Patrick Healy, Mr. Xiao Peng, Mr. Li Fushen*, Mr. He Yun*, Mr. Xu Junxin* and Ms. Winnie Tam Wan-chi*.

 

*        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 APRIL 2024

 

In April 2024, Air China Limited (the "Company") and its subsidiaries (the "Group") recorded a year- on-year increase and a month-on-month decrease in combined passenger traffic (measured by revenue passenger kilometers (the "RPK")). Passenger capacity (measured by available seat kilometers (the "ASK")) recorded a year-on-year increase of 14.2%, and a month-on-month decrease of 3.1%. Passenger traffic recorded a year-on-year increase of 27.4% and a month-on-month decrease of 2.7%. Among which, for domestic routes, passenger capacity decreased by 6.3% year on year and decreased by 6.1% month on month, and passenger traffic increased by 3.0% year on year and decreased by 5.0% month on month. For international routes, passenger capacity increased by 151.1% and increased by 4.2% as compared to the same period last year and the previous month, respectively, and passenger traffic increased by 228.9% and increased by 2.5% as compared to the same period last year and the previous month, respectively. For regional routes, passenger capacity increased by 45.7% and increased by 9.8% as compared to the same period last year and the previous month, respectively, and passenger traffic recorded an increase of 65.3% year on year and an increase of 15.6% month on month. The passenger load factor was 78.8%, representing an increase of 8.2 percentage points as compared to the same period last year and an increase of 0.3 percentage points as compared to the previous month. Among which, the passenger load factor for domestic routes increased by 7.2 percentage points year on year and increased by 0.9 percentage points month on month, the passenger load factor for international routes increased by 18.3 percentage points and decreased by 1.3 percentage points as compared to the same period last year and the previous month, respectively, and the passenger load factor for regional routes increased by 8.8 percentage points year on year and increased by 3.7 percentage points month on month.

 

In terms of cargo operations, cargo capacity (measured by available freight tonne kilometers (the "AFTK")) increased by 25.8% year on year and decreased by 9.3% month on month. Cargo and mail traffic (measured by revenue freight tonne kilometers (the "RFTK")) increased by 95.8% year on year and decreased by 0.2% month on month. The cargo load factor was 38.1%, representing a year-on-year increase of 13.6 percentage points and a month-on-month increase of 3.5 percentage points.

 

In April 2024, the Group introduced one ARJ21-700 aircraft and two B737 series aircraft. As at the end of April 2024, the Group operated a fleet of 914 aircraft, including 406 self-owned aircraft, 212 aircraft under finance lease and 296 aircraft under operating lease.

The following table sets forth key operating data of April 2024:

 

	April 2024	Year-on-Year Change (%)1	Month-on-Month Change (%)1	Cumulative 2024	Year-on-Year Cumulative Change (%)1
I. Capacity
1. ATK (in million)2	3,469.4	17.2	-4.9	14,432.7	42.7
Domestic	2,257.1	-7.6	-9.4	9,834.0	10.8
International	1,108.5	150.1	4.7	4,194.6	312.9
Regional	103.8	39.0	5.8	404.2	80.1
2. ASK (in million)3	27,734.3	14.2	-3.1	113,915.3	36.2
Domestic	19,436.2	-6.3	-6.1	82,449.8	9.3
International	7,434.8	151.1	4.2	28,165.6	345.9
Regional	863.4	45.7	9.8	3,299.9	80.7
3. AFTK (in million)4	969.4	25.8	-9.3	4,164.5	61.5
Domestic	508.5	-11.7	-19.1	2,414.7	15.9
International	438.6	148.4	5.3	1,656.9	271.0
Regional	22.4	22.3	-7.4	92.9	91.3
II. Traffic
1. RTK (in million)5	2,310.2	35.1	-2.5	9,348.0	60.1
Domestic	1,498.0	4.7	-5.5	6,316.0	22.4
International	747.5	210.9	2.7	2,791.6	402.8
Regional	64.7	64.8	14.6	240.4	99.7
2. RPK (in million)6	21,854.9	27.4	-2.7	90,406.1	52.5
Domestic	15,470.5	3.0	-5.0	66,227.4	21.9
International	5,745.9	228.9	2.5	21,789.6	473.8
Regional	638.5	65.3	15.6	2,389.1	104.0
3. RFTK (in million)7	369.7	95.8	-0.2	1,414.9	136.2
Domestic	125.9	26.0	-7.1	520.4	40.1
International	238.3	177.3	3.6	874.9	299.1
Regional	5.5	87.7	7.3	19.7	130.8

	April 2024	Year-on-Year Change (%)1	Month-on-Month Change (%)1	Cumulative 2024	Year-on-Year Cumulative Change (%)1
4. Number of Passengers carried (in thousand)	12,009.6	14.2	-2.9	49,727.5	34.7
Domestic	10,277.7	3.6	-4.5	43,382.9	22.4
International	1,330.6	279.1	5.8	4,857.4	559.0
Regional	401.3	64.8	16.7	1,487.2	105.4
5. Total Cargo and Mail carried (in tonnes)	114,166.3	52.2	-3.8	452,127.5	72.1
Domestic	74,798.4	23.6	-6.7	309,316.3	38.4
International	35,931.8	187.4	2.1	130,371.4	290.1
Regional	3,436.1	73.8	6.0	12,439.8	111.1
III. Load Factor
1.  Passenger Load Factor (%)8	78.8	8.2	0.3	79.4	8.4
Domestic	79.6	7.2	0.9	80.3	8.3
International	77.3	18.3	-1.3	77.4	17.2
Regional	74.0	8.8	3.7	72.4	8.3
2. Cargo and Mail Load Factor (%)9	38.1	13.6	3.5	34.0	10.7
Domestic	24.8	7.4	3.2	21.6	3.7
International	54.3	5.7	-0.9	52.8	3.7
Regional	24.6	8.6	3.4	21.2	3.6
3. Overall Load Factor (%)10	66.6	8.8	1.6	64.8	7.0
Domestic	66.4	7.8	2.7	64.2	6.1
International	67.4	13.2	-1.3	66.6	11.9
Regional	62.3	9.8	4.8	59.5	5.8

Notes:

 

1.       Change is expressed in percentage in terms of "Capacity" and "Traffic", and is expressed in percentage points in terms of "Load Factor"

 

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

 

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

 

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

 

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

 

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

 

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

 

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

 

9.       "Cargo and Mail Load Factor" refers to revenue freight tonne kilometers expressed as a percentage of available freight tonne kilometers

 

10.     "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 result from inappropriate reliance upon or utilization of the information given above.

 

Board of Directors of Air China Limited

Beijing, the PRC, 16 May 2024

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [e-mail] or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

 

END

 

 

STRARMTTMTABMPI