We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Register for real-time alerts, custom portfolio, and market movers
| 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 |
From Apr 2019 to Apr 2024
TIDMAIRC
RNS Number : 3142C
Air China Ld
16 October 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 SEPTEMBER 2020
The enclosed announcement (the "SSE Announcement") was published by Air China Limited (the "Air China") on the Shanghai Stock Exchange on 15 October 2020, which contains combined operating data for September 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
Company Secretary
Beijing, the PRC, 15 October 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 SEPTEMBER 2020
In September 2020, Air China Limited (the "Company"), and its subsidiaries (the "Group") recorded decrease in combined passenger traffic (measured by revenue passenger kilometers (the "RPK")) as compared to the same period last year and recorded increase as compared to last month. Passenger capacity (measured by available seat kilometers (the "ASK")) recorded a year-on-year decrease of 34.9% and a month-on-month increase of 4.7%. Passenger traffic recorded a year-on-year decrease of 38.6% and a month-on-month increase of 8.7%. For domestic routes, passenger capacity recorded a year-on-year increase of 5.6% and a month-on-month increase of 4.6%; passenger traffic increased by 0.1%, as compared to the same period last year, and recorded a month-on-month increase of 9.2%. For international routes, passenger capacity decreased by 0.3% and passenger traffic decreased by 13.4%, as compared to last month. Passenger capacity on regional routes increased by 100%, and passenger traffic recorded an increase of 175.5%, as compared to last month. The overall passenger load factor was 75.7%, representing an increase of 2.8 percentage points as compared to last month. The passenger load factor for domestic routes increased by 3.2 percentage points and for international routes decreased by 6.7 percentage points as compared to last month, and the passenger load factor for regional routes increased by 4.5 percentage points month-on-month.
In terms of cargo operations, cargo capacity (measured by available freight tonne kilometers (the "AFTK")) decreased by 0.2% year-on-year and increased by 13.9% month-on-month. Cargo and mail traffic (measured by revenue freight tonne kilometers (the "RFTK")) decreased by 10.9% year-on-year and increased by 18.8% month-on-month. The cargo load factor was 39.8%, representing a year-on-year decrease of 4.8 percentage points and a month-on-month increase of 1.7 percentage points.
In September 2020, the Group introduced two A320NEO aircraft. As at the end of September 2020, the Group operated a fleet of 702 aircraft, including 293 self-owned aircraft, 206 aircraft under finance lease and 203 aircraft under operating lease.
The following table sets forth key operating data of September 2020:
Hot Features
Premium
Year-on-
Year-on- Month- Year
Year on- Cumulative
September Change Month Cumulative Change
2020 (%) 1 Change 2020 (%) 1
(%) 1
I. Capacity
=========== ====================== ================== ============ =======================
1. ATK (in million)
2 2,273.1 -24.9 8.2 16,206.8 -41.4
=========== ====================== ================== ============ =======================
Domestic 1,697.0 5.7 7.6 10,038.0 -29.7
=========== ====================== ================== ============ =======================
International 560.5 -57.8 9.4 5,969.0 -51.7
=========== ====================== ================== ============ =======================
Regional 15.6 -83.0 32.7 199.8 -80.0
=========== ====================== ================== ============ =======================
2. ASK (in million)
3 15,460.9 -34.9 4.7 107,755.3 -50.1
=========== ====================== ================== ============ =======================
Domestic 14,825.1 5.6 4.6 89,401.1 -28.4
=========== ====================== ================== ============ =======================
International 547.6 -93.8 -0.3 17,028.3 -79.4
=========== ====================== ================== ============ =======================
Regional 88.3 -88.9 100.0 1,325.9 -84.1
=========== ====================== ================== ============ =======================
3. AFTK (in million)
4 882.5 -0.2 13.9 6,506.6 -20.3
=========== ====================== ================== ============ =======================
Domestic 364.6 6.8 19.5 2,001.6 -34.2
=========== ====================== ================== ============ =======================
International 511.1 -3.0 10.5 4,432.3 -9.8
=========== ====================== ================== ============ =======================
Regional 6.9 -56.6 -6.2 72.7 -65.3
=========== ====================== ================== ============ =======================
II. Traffic
=========== ====================== ================== ============ =======================
1. RTK (in million)
5 1,398.1 -33.3 12.8 9,056.9 -52.3
=========== ====================== ================== ============ =======================
Domestic 1,165.2 0.4 13.4 6,451.2 -36.9
=========== ====================== ================== ============ =======================
International 228.8 -74.0 9.6 2,520.1 -68.9
=========== ====================== ================== ============ =======================
Regional 4.1 -92.7 29.4 85.6 -87.4
=========== ====================== ================== ============ =======================
2. RPK (in million)
6 11,702.5 -38.6 8.7 75,267.5 -57.1
=========== ====================== ================== ============ =======================
Domestic 11,443.7 0.1 9.2 63,516.0 -38.5
=========== ====================== ================== ============ =======================
International 244.3 -96.6 -13.4 11,055.8 -83.2
=========== ====================== ================== ============ =======================
Regional 14.5 -97.3 175.5 695.7 -89.5
=========== ====================== ================== ============ =======================
3. RFTK (in million)
7 351.6 -10.9 18.8 2,415.9 -31.9
=========== ====================== ================== ============ =======================
Domestic 141.8 0.9 29.7 838.6 -26.1
=========== ====================== ================== ============ =======================
International 207.3 -17.2 12.6 1,557.2 -33.8
=========== ====================== ================== ============ =======================
Regional 2.6 -34.6 0.4 20.0 -67.5
=========== ====================== ================== ============ =======================
Year-on-
Year-on- Month- Year
Year on- Cumulative
September Change Month Cumulative Change
2020 (%) 1 Change 2020 (%) 1
(%) 1
4. Number of
Passengers
carried (in
thousand) 7,824.0 -16.6 6.9 45,884.2 -46.9
=========== ====================== ==================== ============ =======================
Domestic 7,775.7 1.3 7.0 43,310.6 -37.4
=========== ====================== ==================== ============ =======================
International 39.0 -97.1 -13.7 2125.5 -83.5
=========== ====================== ==================== ============ =======================
Regional 9.4 -97.3 143.7 448.2 -89.5
=========== ====================== ==================== ============ =======================
5. Total Cargo and
Mail carried (in
tonnes) 120,448.1 -2.6 23.8 761,063.7 -27.6
=========== ====================== ==================== ============ =======================
Domestic 89,291.5 2.8 28.2 530,109.0 -23.9
=========== ====================== ==================== ============ =======================
International 29,280.1 -14.2 13.6 216,960.9 -31.8
=========== ====================== ==================== ============ =======================
Regional 1,876.5 -30.0 1.4 13,993.7 -62.3
=========== ====================== ==================== ============ =======================
III. Load Factor
=========== ====================== ==================== ============ =======================
1. Passenger Load
Factor (%) 8 75.7 -4.6 2.8 69.9 -11.5
=========== ====================== ==================== ============ =======================
Domestic 77.2 -4.2 3.2 71.0 -11.6
=========== ====================== ==================== ============ =======================
International 44.6 -35.1 -6.7 64.9 -14.6
=========== ====================== ==================== ============ =======================
Regional 16.4 -52.2 4.5 52.5 -26.7
=========== ====================== ==================== ============ =======================
2. Cargo and Mail
Load Factor (%) 9 39.8 -4.8 1.7 37.1 -6.3
=========== ====================== ==================== ============ =======================
Domestic 38.9 -2.2 3.1 41.9 4.6
=========== ====================== ==================== ============ =======================
International 40.6 -7.0 0.8 35.1 -12.7
=========== ====================== ==================== ============ =======================
Regional 38.1 12.8 2.5 27.6 -1.8
=========== ====================== ==================== ============ =======================
3. Overall Load
Factor
(%) 10 61.5 -7.8 2.5 55.9 -12.9
=========== ====================== ==================== ============ =======================
Domestic 68.7 -3.6 3.5 64.3 -7.3
=========== ====================== ==================== ============ =======================
International 40.8 -25.4 0.1 42.2 -23.3
=========== ====================== ==================== ============ =======================
Regional 26.0 -34.9 -0.7 42.9 -24.9
=========== ====================== ==================== ============ =======================
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.
Since 2020, the COVID-19 pandemic has been spreading all over the world, causing serious impact on air transport industry and sharply reducing aviation demand. Since the third quarter, the domestic air passenger transport market has accelerated to recover, and the passenger transport scale of international routes is still at a low level. The Group grasps the change of market demand, dynamically optimizes transportation capacity, refines marketing control, actively seeks for space for revenue increase, and strives to minimize the impact of the pandemic through various measures. However, in view of the impact of the pandemic on the air transport industry, investors are hereby reminded that it is expected that the performance of the Group in the third quarter of 2020 may be greatly affected.
Board of Directors of Air China Limited
Beijing, the PRC, 15 October 2020
, 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.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
STREAAEKFLLEFEA
(END) Dow Jones Newswires
October 16, 2020 02:00 ET (06:00 GMT)
1 Year Air China Ld Chart |
1 Month Air China Ld Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
