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AIRC Air China Ld

78.8045
0.00 (0.00%)
Last Updated: 01:00:00
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 JANUARY 2021 (8591P)

22/02/2021 7:00am

UK Regulatory


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

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TIDMAIRC

RNS Number : 8591P

Air China Ld

22 February 2021

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 JANUARY 2021

The enclosed announcement (the "SSE Announcement") was published by Air China Limited (the "Air China") on the Shanghai Stock Exchange on 19 February 2021, which contains combined operating data for January 2021 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, 19 February 2021

As at the date of this announcement, the directors of the Company are Mr. Song Zhiyong, Mr. Feng Gang,

Mr. Patrick Healy, Mr. Xue Yasong, 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 JANUARY 2021

In January 2021, Air China Limited (the "Company"), and its subsidiaries (the "Group") recorded a month-on-month decrease of 27.8% in passenger capacity (measured by available seat kilometers (the "ASK")) and recorded a month-on-month decrease of 35.5% in passenger traffic (measured by revenue passenger kilometers (the "RPK")). For domestic routes, passenger capacity decreased by 28.6% and passenger traffic decreased by 35.9%, as compared to last month. For international routes, passenger capacity decreased by 7.4% and passenger traffic decreased by 16.7%, as compared to last month. Passenger capacity on regional routes decreased by 22.7%, and passenger traffic recorded a decrease of 37.9%, as compared to last month. The overall passenger load factor was 60.4%, representing a decrease of 7.2 percentage points as compared to last month. The passenger load factor for domestic routes decreased by 7.0 percentage points and for international routes decreased by 4.3 percentage points as compared to last month, and the passenger load factor for regional routes decreased by 10.8 percentage points month on month.

In terms of cargo operations, cargo capacity (measured by available freight tonne kilometers (the "AFTK")) decreased by 20.1% month on month. Cargo and mail traffic (measured by revenue freight tonne kilometers (the "RFTK")) decreased by 10.0% as compared to last month. The cargo load factor was 41.8%, representing a year-on-year increase of 6.6 percentage points.

In January 2021, the Group introduced 5 A320NEO aircraft. As at the end of January 2021, the Group operated a fleet of 712 aircraft, including 293 self-owned aircraft, 214 aircraft under finance lease and 205 aircraft under operating lease.

The following table sets forth key operating data of January 2021:

 
                                                                                                                 Year- 
                                                   Year-                 Month-                                on-Year 
                                                   on-Year             on-Month                             Cumulative 
                          January                  Change                Change    Cumulative                   Change 
                             2021                  (%) 1                  (%) 1          2021                    (%) 1 
I. Capacity 
                        =========  =======================  ===================  ============  ======================= 
1. ATK (in million) 
 2                        1,752.5                    -45.6                -24.7       1,752.5                    -45.6 
                        =========  =======================  ===================  ============  ======================= 
        Domestic          1,223.4                    -29.4                -30.0       1,223.4                    -29.4 
                        =========  =======================  ===================  ============  ======================= 
        International       505.1                    -63.6                 -8.4         505.1                    -63.6 
                        =========  =======================  ===================  ============  ======================= 
        Regional             24.1                    -75.8                -13.1          24.1                    -75.8 
                        =========  =======================  ===================  ============  ======================= 
2. ASK (in million) 
 3                       11,061.7                    -55.1                -27.8      11,061.7                    -55.1 
                        =========  =======================  ===================  ============  ======================= 
        Domestic         10,481.9                    -28.4                -28.6      10,481.9                    -28.4 
                        =========  =======================  ===================  ============  ======================= 
        International       433.2                    -95.3                 -7.4         433.2                    -95.3 
                        =========  =======================  ===================  ============  ======================= 
        Regional            146.6                    -82.7                -22.7         146.6                    -82.7 
                        =========  =======================  ===================  ============  ======================= 
3. AFTK (in million) 
 4                          756.1                    -24.0                -20.1         756.1                    -24.0 
                        =========  =======================  ===================  ============  ======================= 
        Domestic            280.4                    -32.7                -34.5         280.4                    -32.7 
                        =========  =======================  ===================  ============  ======================= 
        International       466.1                    -16.9                 -8.4         466.1                    -16.9 
                        =========  =======================  ===================  ============  ======================= 
        Regional              9.6                    -47.9                  7.4           9.6                    -47.9 
                        =========  =======================  ===================  ============  ======================= 
II. Traffic 
                        =========  =======================  ===================  ============  ======================= 
1. RTK (in million) 
 5                          910.9                    -54.4                -28.7         910.9                    -54.4 
                        =========  =======================  ===================  ============  ======================= 
        Domestic            683.8                    -37.7                -33.5         683.8                    -37.7 
                        =========  =======================  ===================  ============  ======================= 
        International       217.6                    -74.1                 -8.1         217.6                    -74.1 
                        =========  =======================  ===================  ============  ======================= 
        Regional              9.6                    -83.9                -27.7           9.6                    -83.9 
                        =========  =======================  ===================  ============  ======================= 
2. RPK (in million) 
 6                        6,679.5                    -64.6                -35.5       6,679.5                    -64.6 
                        =========  =======================  ===================  ============  ======================= 
        Domestic          6,447.4                    -42.3                -35.9       6,447.4                    -42.3 
                        =========  =======================  ===================  ============  ======================= 
        International       167.5                    -97.6                -16.7         167.5                    -97.6 
                        =========  =======================  ===================  ============  ======================= 
        Regional             64.6                    -89.2                -37.9          64.6                    -89.2 
                        =========  =======================  ===================  ============  ======================= 
3. RFTK (in million) 
 7                          316.3                     -9.9                -10.0         316.3                     -9.9 
                        =========  =======================  ===================  ============  ======================= 
        Domestic            110.4                    -10.8                -14.9         110.4                    -10.8 
                        =========  =======================  ===================  ============  ======================= 
        International       202.7                     -9.6                 -7.4         202.7                     -9.6 
                        =========  =======================  ===================  ============  ======================= 
        Regional              3.2                      6.6                  9.6           3.2                      6.6 
                        =========  =======================  ===================  ============  ======================= 
 
 
                                                                                                                 Year- 
                                                  Year-                  Month-                                on-Year 
                                                  on-Year              on-Month                             Cumulative 
                         January                  Change                 Change    Cumulative                   Change 
                            2021                  (%) 1                   (%) 1          2021                    (%) 1 
 4. Number of 
  Passengers 
  carried (in 
  thousand)              4,429.5                    -51.8                 -34.8       4,429.5                    -51.8 
                      ==========  =======================  ====================  ============  ======================= 
        Domestic         4,358.4                    -40.6                 -34.9       4,358.4                    -40.6 
                      ==========  =======================  ====================  ============  ======================= 
       International        30.0                    -98.0                 -16.0          30.0                    -98.0 
                      ==========  =======================  ====================  ============  ======================= 
        Regional            41.1                    -89.3                 -35.4          41.1                    -89.3 
                      ==========  =======================  ====================  ============  ======================= 
 5. Total Cargo and 
  Mail carried (in 
  tonnes)               99,359.3                    -10.4                 -13.3      99,359.3                    -10.4 
                      ==========  =======================  ====================  ============  ======================= 
        Domestic        69,031.4                     -9.9                 -15.5      69,031.4                     -9.9 
                      ==========  =======================  ====================  ============  ======================= 
       International    28,243.5                    -11.8                  -8.5      28,243.5                    -11.8 
                      ==========  =======================  ====================  ============  ======================= 
        Regional         2,084.5                     -3.9                   7.7       2,084.5                     -3.9 
                      ==========  =======================  ====================  ============  ======================= 
    III. Load Factor 
                      ==========  =======================  ====================  ============  ======================= 
 1. Passenger Load 
  Factor (%) 8              60.4                    -16.2                  -7.2          60.4                    -16.2 
                      ==========  =======================  ====================  ============  ======================= 
        Domestic            61.5                    -14.8                  -7.0          61.5                    -14.8 
                      ==========  =======================  ====================  ============  ======================= 
       International        38.7                    -38.8                  -4.3          38.7                    -38.8 
                      ==========  =======================  ====================  ============  ======================= 
        Regional            44.1                    -26.4                 -10.8          44.1                    -26.4 
                      ==========  =======================  ====================  ============  ======================= 
 2. Cargo and Mail 
  Load Factor (%) 9         41.8                      6.6                   4.7          41.8                      6.6 
                      ==========  =======================  ====================  ============  ======================= 
        Domestic            39.4                      9.7                   9.1          39.4                      9.7 
                      ==========  =======================  ====================  ============  ======================= 
       International        43.5                      3.5                   0.5          43.5                      3.5 
                      ==========  =======================  ====================  ============  ======================= 
        Regional            33.2                     17.0                   0.7          33.2                     17.0 
                      ==========  =======================  ====================  ============  ======================= 
 3. Overall Load 
  Factor 
  (%) 10                    52.0                    -10.1                  -3.0          52.0                    -10.1 
                      ==========  =======================  ====================  ============  ======================= 
        Domestic            55.9                     -7.4                  -2.9          55.9                     -7.4 
                      ==========  =======================  ====================  ============  ======================= 
       International        43.1                    -17.5                   0.1          43.1                    -17.5 
                      ==========  =======================  ====================  ============  ======================= 
        Regional            39.9                    -20.0                  -8.0          39.9                    -20.0 
                      ==========  =======================  ====================  ============  ======================= 
 

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, 19 February 2021

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END

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February 22, 2021 02:00 ET (07:00 GMT)

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