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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 2020 (0362Q)

16/06/2020 7:00am

UK Regulatory


Air China Ld (LSE:AIRC)
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From Apr 2019 to Apr 2024

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TIDMAIRC

RNS Number : 0362Q

Air China Ld

16 June 2020

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 2020

The enclosed announcement (the "SSE Announcement") was published by Air China Limited (the "Air China") on the Shanghai Stock Exchange on 15 June 2020, which contains combined operating data for May 2020 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

Zhou Feng Huen Ho Yin

Joint Company Secretaries

Beijing, the PRC, 15 June 2020

As at the date of this announcement, the directors of the Company are Mr. Cai Jianjiang, Mr. Song Zhiyong, Mr. Feng Gang, Mr. Patrick Healy, Mr. Xue Yasong, Mr. Wang Xiaokang*, Mr. Duan Hongyi*, 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 2020

In May 2020, the key operating data of Air China Limited (the "Company") and its subsidiaries (collectively with the Company, the "Group") recorded decreases as compared to the same period last year and recorded increases as compared to the same period last month. Passenger capacity (measured by available seat kilometers (the "ASK")) recorded a year-on-year decrease of 63.3%, and recorded an increase of 45.0% as compared to the same period last month. Passenger traffic (measured by revenue passenger kilometers (the "RPK")) recorded a year-on-year decrease of 69.1%, and recorded an increase of 49.6% as compared to the same period last month. For domestic routes, passenger capacity increased by 45.1% and passenger traffic increased by 49.1%, as compared to the same period last month. For international routes, passenger capacity increased by 46.0% and passenger traffic increased by 70.7%, as compared to the same period last month. Passenger capacity on regional routes increased by 17.8%, and passenger traffic recorded an increase of 29.8%, as compared to the same period last month. The overall passenger load factor was 67.5%, representing a decrease of 12.7 percentage points as compared to the same period last year, and an increase of 2.1 percentage points as compared to the same period last month. The passenger load factor for domestic routes increased by 1.8 percentage points and for international routes increased by 6.7 percentage points as compared to the same period last month and the passenger load factor for regional routes increased by 0.4 percentage points as compared to the same period last month.

In terms of cargo operations, cargo capacity (measured by available freight tonne kilometers (the "AFTK")) increased by 11.0% year-on-year, and increased by 75.5% as compared to the same period last month. Cargo and mail traffic (measured by revenue freight tonne kilometers (the "RFTK")) decreased by 29.4% as compared to the same period last year, and increased by 49.2% as compared to the same period last month. The cargo load factor was 29.3%, representing a year-on-year decrease of 16.8 percentage points.

As at the end of May 2020, the Group operated a fleet of 699 aircraft, including 286 self-owned aircraft, 207 aircraft under finance lease and 206 aircraft under operating lease.

The following table sets forth key operating data for May 2020:

 
                                          Year-on-      Month-on-                      Year-on- 
                                 May   Year Change   Month Change  Cumulative   Year Cumulative 
                                2020        (%)(1)         (%)(1)        2020     Change (%)(1) 
I. Capacity 
                            --------  ------------  -------------  ----------  ---------------- 
1. ATK (in million)(2)       1,817.7         -41.4           60.7     8,217.9             -46.6 
                            --------  ------------  -------------  ----------  ---------------- 
       Domestic                935.2         -39.7           46.5     4,462.9             -44.0 
                            --------  ------------  -------------  ----------  ---------------- 
       International           873.0         -39.1           80.7     3,604.5             -47.3 
                            --------  ------------  -------------  ----------  ---------------- 
       Regional                  9.5         -92.0           -3.2       150.5             -73.5 
                            --------  ------------  -------------  ----------  ---------------- 
2. ASK (in million)(3)       8,889.2         -63.3           45.0    55,686.4             -52.9 
                            --------  ------------  -------------  ----------  ---------------- 
       Domestic              8,487.5         -38.2           45.1    39,397.2             -42.4 
                            --------  ------------  -------------  ----------  ---------------- 
       International           376.5         -96.0           46.0    15,143.4             -66.5 
                            --------  ------------  -------------  ----------  ---------------- 
       Regional                 25.1         -97.5           17.8     1,145.9             -75.6 
                            --------  ------------  -------------  ----------  ---------------- 
3. AFTK (in million)(4)      1,018.0          11.0           75.5     3,198.3             -32.1 
                            --------  ------------  -------------  ----------  ---------------- 
       Domestic                172.0         -45.5           52.9       919.1             -49.3 
                            --------  ------------  -------------  ----------  ---------------- 
       International           839.0          45.7           82.5     2,238.0             -19.2 
                            --------  ------------  -------------  ----------  ---------------- 
       Regional                  7.0         -72.9           -9.5        41.2             -67.0 
                            --------  ------------  -------------  ----------  ---------------- 
II. Traffic 
                            --------  ------------  -------------  ----------  ---------------- 
1. RTK (in million)(5)         833.5         -61.3           49.6     4,459.8             -57.1 
                            --------  ------------  -------------  ----------  ---------------- 
       Domestic                605.1         -46.0           44.2     2,760.7             -50.5 
                            --------  ------------  -------------  ----------  ---------------- 
       International           226.4         -76.2           67.2     1,625.7             -63.4 
                            --------  ------------  -------------  ----------  ---------------- 
       Regional                  2.0         -97.5            2.2        73.4             -81.1 
                            --------  ------------  -------------  ----------  ---------------- 
2. RPK (in million)(6)       5,996.2         -69.1           49.6    37,597.1             -60.8 
                            --------  ------------  -------------  ----------  ---------------- 
       Domestic              5,821.6         -47.9           49.1    26,863.2             -52.2 
                            --------  ------------  -------------  ----------  ---------------- 
       International           173.6         -97.7           70.7    10,060.5             -71.9 
                            --------  ------------  -------------  ----------  ---------------- 
       Regional                  1.1         -99.9           29.8       673.4             -82.3 
                            --------  ------------  -------------  ----------  ---------------- 
3. RFTK (in million)(7)        298.7         -29.4           49.2     1,155.1             -40.3 
                            --------  ------------  -------------  ----------  ---------------- 
       Domestic                 85.8         -31.5           19.4       394.3             -35.6 
                            --------  ------------  -------------  ----------  ---------------- 
       International           211.0         -27.3           66.9       750.8             -41.7 
                            --------  ------------  -------------  ----------  ---------------- 
       Regional                  1.9         -76.3            1.0        10.0             -71.9 
                            --------  ------------  -------------  ----------  ---------------- 
4. Number of Passengers 
 carried (in thousand)       4,070.2         -57.1           52.7    20,448.8             -56.8 
                            --------  ------------  -------------  ----------  ---------------- 
       Domestic              4,044.1         -46.6           52.7    18,048.2             -52.1 
                            --------  ------------  -------------  ----------  ---------------- 
       International            25.5         -98.2           66.5     1,968.0             -72.6 
                            --------  ------------  -------------  ----------  ---------------- 
       Regional                  0.6         -99.9            2.9       432.6             -82.1 
                            --------  ------------  -------------  ----------  ---------------- 
5. Total Cargo and 
 Mail carried (in tonnes)   83,575.4         -30.3           27.8   362,389.0             -36.8 
                            --------  ------------  -------------  ----------  ---------------- 
       Domestic             54,802.1         -28.7           19.8   249,575.7             -33.6 
                            --------  ------------  -------------  ----------  ---------------- 
       International        27,449.9         -28.6           49.6   105,760.4             -40.0 
                            --------  ------------  -------------  ----------  ---------------- 
       Regional              1,323.5       4,697.3           -1.0     7,052.9             -67.1 
                            --------  ------------  -------------  ----------  ---------------- 
III. Load Factor 
                            --------  ------------  -------------  ----------  ---------------- 
1. Passenger Load 
 Factor (%)(8)                  67.5         -12.7            2.1        67.5             -13.6 
                            --------  ------------  -------------  ----------  ---------------- 
       Domestic                 68.6         -12.9            1.8        68.2             -14.1 
                            --------  ------------  -------------  ----------  ---------------- 
       International            46.1         -32.2            6.7        66.4             -12.8 
                            --------  ------------  -------------  ----------  ---------------- 
       Regional                  4.2         -75.0            0.4        58.8             -22.4 
                            --------  ------------  -------------  ----------  ---------------- 
2. Cargo and Mail 
 Load Factor (%)(9)             29.3         -16.8           -5.2        36.1              -5.0 
                            --------  ------------  -------------  ----------  ---------------- 
       Domestic                 49.9          10.2          -14.0        42.9               9.1 
                            --------  ------------  -------------  ----------  ---------------- 
       International            25.1         -25.2           -2.3        33.5             -12.9 
                            --------  ------------  -------------  ----------  ---------------- 
       Regional                 26.9          -3.9            2.8        24.3              -4.2 
                            --------  ------------  -------------  ----------  ---------------- 
3. Overall Load Factor 
 (%)(10)                        45.9         -23.5           -3.4        54.3             -13.4 
                            --------  ------------  -------------  ----------  ---------------- 
       Domestic                 64.7          -7.5           -1.0        61.9              -8.1 
                            --------  ------------  -------------  ----------  ---------------- 
       International            25.9         -40.4           -2.1        45.1             -19.8 
                            --------  ------------  -------------  ----------  ---------------- 
       Regional                 21.0         -47.1            1.1        48.8             -19.7 
                            --------  ------------  -------------  ----------  ---------------- 
 

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, 15 June 
           2020 
 

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

STRGPUWPQUPUUUQ

(END) Dow Jones Newswires

June 16, 2020 02:00 ET (06:00 GMT)

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