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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 MAY 2019 (1859C)

14/06/2019 7:00am

UK Regulatory


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TIDMAIRC

RNS Number : 1859C

Air China Ld

14 June 2019

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 MAY 2019

The enclosed announcement (the "SSE Announcement") was published by Air China Limited (the "Air China") on the Shanghai Stock Exchange on 13 June 2019, which contains combined operating data for May 2019 for Air China and its subsidiaries (collectively, the "Group"). This announcement enclosing the SSE Announcement is made by Air China pursuant to Rule 13.10B of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited.

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 results from inappropriate reliance upon or utilization of the information given above.

By Order of the Board

                   Air  China  Limited                               Zhou Feng  Tam Shuit Mui 

Joint Company Secretaries

Beijing, the PRC, 13 June 2019

As at the date of this announcement, the directors of the Company are Mr. Cai Jianjiang, Mr. Song Zhiyong, Mr. Cao Jianxiong, Mr. Xue Yasong, 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 MAY 2019

In May 2019, 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 and 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 5.5% and 8.3% respectively. For domestic routes, passenger capacity increased by 2.3% and passenger traffic increased by 4.4%, as compared to the same period last year. For international routes, passenger capacity and passenger traffic increased by 9.1% and 13.6% respectively, as compared to the same period last year. Passenger capacity on regional routes increased by 20.3%, and passenger traffic recorded an increase of 20.5%, as compared to the same period last year. The overall passenger load factor was 80.1%, representing an increase of 2.1 percentage points as compared to the same period last year. The passenger load factor for domestic routes increased by 1.7 percentage points year-on-year, the passenger load factor for international routes increased by 3.2 percentage points and for regional routes increased by 0.2 percentage point year-on-year.

In terms of cargo operations, in May 2019, Cargo capacity (measured by available freight tonne kilometers (the "AFTK")) increased by 2.5% year-on-year. Cargo and mail traffic (measured by revenue freight tonne kilometers (the "RFTK")) decreased by 1.6%, the volume of cargo and mail carried decreased by 1.5% as compared to the same period last year. The cargo load factor was 46.1%, representing a year-on-year decrease of 1.9 percentage points.

In May 2019, the Group introduced two A350 and three A320 series aircraft, retired two A320 series aircraft. As at the end of May 2019, the Group operated a fleet of 675 aircraft, including 282 self- owned aircraft, 194 aircraft under finance lease and 199 aircraft under operating lease.

The following table sets forth key operating data for May 2019:

 
                                                                              Month-on-                   Year-on-Year 
                                                        Year-on-                  Month                     Cumulative 
                                          May               Year                 Change    Cumulative           Change 
                                         2019             Change                    (%)          2019              (%) 
                                                             (%) 
 I. Capacity 
                         --------------------  -----------------  ---------------------  ------------  --------------- 
 1. ATK (in million)1                 3,101.9                4.6                    0.9      15,380.2              5.5 
                         --------------------  -----------------  ---------------------  ------------  --------------- 
         Domestic                     1,550.5                0.7                    1.9       7,966.0              2.4 
                         --------------------  -----------------  ---------------------  ------------  --------------- 
         International                1,432.4                7.8                   -0.1       6,845.9              8.5 
                         --------------------  -----------------  ---------------------  ------------  --------------- 
         Regional                       118.9               22.0                    0.3         568.3             15.8 
                         --------------------  -----------------  ---------------------  ------------  --------------- 
 2. ASK (in million)2                24,215.9                5.5                    2.0     118,278.7              6.0 
                         --------------------  -----------------  ---------------------  ------------  --------------- 
         Domestic                    13,723.8                2.3                    3.3      68,368.1              3.6 
                         --------------------  -----------------  ---------------------  ------------  --------------- 
         International                9,506.4                9.1                    0.2      45,219.4              9.0 
                         --------------------  -----------------  ---------------------  ------------  --------------- 
         Regional                       985.6               20.3                    1.2       4,691.1             15.3 
                         --------------------  -----------------  ---------------------  ------------  --------------- 
 3. AFTK (in million)3                  917.5                2.5                   -1.4       4,707.9              4.4 
                         --------------------  -----------------  ---------------------  ------------  --------------- 
         Domestic                       315.8               -4.9                   -3.0       1,812.1             -1.3 
                         --------------------  -----------------  ---------------------  ------------  --------------- 
         International                  575.8                6.2                   -0.5       2,770.7              8.0 
                         --------------------  -----------------  ---------------------  ------------  --------------- 
         Regional                        25.9               26.9                   -2.9         125.1             15.8 
                         --------------------  -----------------  ---------------------  ------------  --------------- 
 II. Traffic 
                         --------------------  -----------------  ---------------------  ------------  --------------- 
 1. RTK (in million)4                 2,151.8                6.0                    1.3      10,404.8              4.8 
                         --------------------  -----------------  ---------------------  ------------  --------------- 
         Domestic                     1,120.1                3.2                    1.7       5,573.2              2.5 
                         --------------------  -----------------  ---------------------  ------------  --------------- 
         International                  950.8                8.3                    1.0       4,442.2              6.9 
                         --------------------  -----------------  ---------------------  ------------  --------------- 
         Regional                        80.9               19.2                   -0.6         389.3             16.1 
                         --------------------  -----------------  ---------------------  ------------  --------------- 
 2. RPK (in million)5                19,399.9                8.3                    0.9      95,894.0              6.7 
                         --------------------  -----------------  ---------------------  ------------  --------------- 
         Domestic                    11,179.4                4.4                    2.0      56,240.7              3.4 
                         --------------------  -----------------  ---------------------  ------------  --------------- 
         International                7,440.2               13.6                   -0.4      35,844.8             11.3 
                         --------------------  -----------------  ---------------------  ------------  --------------- 
         Regional                       780.4               20.5                   -1.3       3,808.4             17.9 
                         --------------------  -----------------  ---------------------  ------------  --------------- 
 3. RFTK (in million)6                  423.3               -1.6                    1.9       1,936.2             -1.4 
                         --------------------  -----------------  ---------------------  ------------  --------------- 
         Domestic                       125.3               -2.9                   -0.6         612.5             -2.3 
                         --------------------  -----------------  ---------------------  ------------  --------------- 
         International                  290.1               -1.2                    3.1       1,288.0             -1.0 
                         --------------------  -----------------  ---------------------  ------------  --------------- 
         Regional                         8.0                5.2                    1.3          35.7             -0.9 
                         --------------------  -----------------  ---------------------  ------------  --------------- 
  4. Number of 
   Passengers 
   carried (in 
   thousand)                          9,494.3                6.7                    1.5      47,290.4              5.6 
                         --------------------  -----------------  ---------------------  ------------  --------------- 
         Domestic                     7,572.6                4.2                    2.7      37,682.6              3.1 
                         --------------------  -----------------  ---------------------  ------------  --------------- 
         International                1,426.5               16.1                   -3.4       7,194.2             16.1 
                         --------------------  -----------------  ---------------------  ------------  --------------- 
         Regional                       495.2               21.3                   -1.2       2,413.6             17.7 
                         --------------------  -----------------  ---------------------  ------------  --------------- 
  5. Total Cargo and 
   Mail 
   carried (in tonnes)              119,981.3               -1.5                   -0.3     573,404.2             -0.9 
                         --------------------  -----------------  ---------------------  ------------  --------------- 
         Domestic                    76,852.1               -2.8                   -0.6     375,753.7             -2.4 
                         --------------------  -----------------  ---------------------  ------------  --------------- 
         International               38,431.9                0.8                    0.0     176,197.7              2.9 
                         --------------------  -----------------  ---------------------  ------------  --------------- 
         Regional                     4,697.3                0.9                    2.3      21,452.8             -3.4 
                         --------------------  -----------------  ---------------------  ------------  --------------- 
 
 
                                                                              Month-on-                   Year-on-Year 
                                                        Year-on-                  Month                     Cumulative 
                                          May               Year                 Change    Cumulative           Change 
                                         2019             Change                    (%)          2019              (%) 
                                                             (%) 
 III.Load Factor 
                         --------------------  -----------------  ---------------------  ------------  --------------- 
 1. Passenger Load 
  Factor 
  (%)7                                   80.1                2.1                   -0.9          81.1              0.5 
                         --------------------  -----------------  ---------------------  ------------  --------------- 
         Domestic                        81.5                1.7                   -1.1          82.3             -0.2 
                         --------------------  -----------------  ---------------------  ------------  --------------- 
         International                   78.3                3.2                   -0.5          79.3              1.6 
                         --------------------  -----------------  ---------------------  ------------  --------------- 
         Regional                        79.2                0.2                   -2.0          81.2              1.8 
                         --------------------  -----------------  ---------------------  ------------  --------------- 
 2. Cargo and Mail Load 
  Factor (%)8                            46.1               -1.9                    1.5          41.1             -2.4 
                         --------------------  -----------------  ---------------------  ------------  --------------- 
         Domestic                        39.7                0.8                    1.0          33.8             -0.3 
                         --------------------  -----------------  ---------------------  ------------  --------------- 
         International                   50.4               -3.7                    1.7          46.5             -4.2 
                         --------------------  -----------------  ---------------------  ------------  --------------- 
         Regional                        30.8               -6.4                    1.3          28.5             -4.8 
                         --------------------  -----------------  ---------------------  ------------  --------------- 
 3. Overall Load Factor 
  (%)9                                   69.4                0.9                    0.3          67.7             -0.5 
                         --------------------  -----------------  ---------------------  ------------  --------------- 
         Domestic                        72.2                1.8                   -0.1          70.0              0.1 
                         --------------------  -----------------  ---------------------  ------------  --------------- 
         International                   66.4                0.3                    0.7          64.9             -1.0 
                         --------------------  -----------------  ---------------------  ------------  --------------- 
         Regional                        68.0               -1.6                   -0.6          68.5              0.2 
                         --------------------  -----------------  ---------------------  ------------  --------------- 
 

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

Board of Directors of Air China Limited

Beijing, the PRC, 13 June 2019

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 rns@lseg.com or visit www.rns.com.

END

MSCGGUGGQUPBUWC

(END) Dow Jones Newswires

June 14, 2019 02:00 ET (06:00 GMT)

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