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AIRC Air China Ld

78.8045
0.00 (0.00%)
25 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 MARCH 2021 (7963V)

16/04/2021 5:29pm

UK Regulatory


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TIDMAIRC

RNS Number : 7963V

Air China Ld

16 April 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 MARCH 2021

The enclosed announcement (the "SSE Announcement") was published by Air China Limited ("Air China") on the Shanghai Stock Exchange on 15 April 2021, which contains combined operating data for March 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, 15 April 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 MARCH 2021

In March 2021, Air China Limited (the "Company"), and its subsidiaries (the "Group") recorded a year-on-year and a month-on-month increase 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 79.2% and passenger traffic recorded a year-on-year increase of 128.5%. For domestic routes, passenger capacity increased by 127.6% and passenger traffic increased by 174.5%, as compared to the same period last year. For international routes, passenger capacity decreased by 82.1% and passenger traffic decreased by 83.7%, as compared to the same period last year. Passenger capacity on regional routes increased by 122.7%, and passenger traffic recorded an increase of 524.2%, as compared to the same period last year. The overall passenger load factor was 72.4%, representing an increase of 15.6 percentage points as compared to the same period last year. The passenger load factor for domestic routes increased by 12.5 percentage points and for international routes decreased by 4.0 percentage points as compared to the same period last year, and the passenger load factor for regional routes increased by 32.0 percentage points year-on-year.

In terms of cargo operations, cargo capacity (measured by available freight tonne kilometers (the "AFTK")) increased by 247.1% year-on-year. Cargo and mail traffic (measured by revenue freight tonne kilometers (the "RFTK")) increased by 108.8% and the volume of cargo and mail carried increased by 64.2%, as compared to the same period last year. The cargo load factor was 36.8%, representing a year-on-year decrease of 24.4 percentage points.

In March 2021, the Group introduced three A320NEO aircraft. As at the end of March 2021, the Group operated a fleet of 719 aircraft, including 293 self-owned aircraft, 219 aircraft under finance lease and 207 aircraft under operating lease.

The new routes starting in March 2021 are set out as follows:

 
             Route                           Schedule                  Start Date 
   Beijing - Aksu - Tumushuk     Three flights a week                 28 March 2021 
                              =======================  ============================ 
       Beijing - Dazhou          Seven flights a week                 28 March 2021 
                              =======================  ============================ 
       Beijing - Huai'an         Seven flights a week                 28 March 2021 
                              =======================  ============================ 
       Tianjin - Nanning          Four flights a week                 28 March 2021 
                              =======================  ============================ 
     Shanghai - Zhengzhou        Seven flights a week                 28 March 2021 
                              =======================  ============================ 
        Shantou - Wuhan          Seven flights a week                 28 March 2021 
                              =======================  ============================ 
        Ningbo - Wuhan           Seven flights a week                 28 March 2021 
                              =======================  ============================ 
       Chengdu - Mangshi          Four flights a week                 28 March 2021 
                              =======================  ============================ 
       Chengdu - Fuyang           Four flights a week                 28 March 2021 
                              =======================  ============================ 
      Chengdu - Huangyan         Three flights a week                 30 March 2021 
                              =======================  ============================ 
      Hangzhou - Zhongwei        Three flights a week                 30 March 2021 
                              =======================  ============================ 
 

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

 
                                                                                                                    Year-on- 
                                                         Year-on-              Month-                                   Year 
                                                             Year            on-Month                             Cumulative 
                                   March                   Change              Change   Cumulative                    Change 
                                   2021                     (%) 1               (%) 1         2021                     (%) 1 
I. Capacity 
                      ==================  =======================  ==================  ===========  ======================== 
1. ATK (in million) 
 2                               2,479.3                    124.9                66.6      5,720.1                       8.6 
                      ==================  =======================  ==================  ===========  ======================== 
      Domestic                   1,816.2                    144.9                87.3      4,009.3                      38.8 
                      ==================  =======================  ==================  ===========  ======================== 
      International                632.3                     82.1                26.2      1,638.5                     -27.1 
                      ==================  =======================  ==================  ===========  ======================== 
      Regional                      30.8                    129.1                76.5         72.3                     -44.9 
                      ==================  =======================  ==================  ===========  ======================== 
2. ASK (in million) 
 3                              15,969.6                     79.2                86.1     35,613.5                     -12.4 
                      ==================  =======================  ==================  ===========  ======================== 
      Domestic                  15,385.7                    127.6                87.3     34,082.5                      36.0 
                      ==================  =======================  ==================  ===========  ======================== 
      International                367.2                    -82.1                36.4      1,069.7                     -92.6 
                      ==================  =======================  ==================  ===========  ======================== 
      Regional                     216.7                    122.7               121.1        461.3                     -58.0 
                      ==================  =======================  ==================  ===========  ======================== 
3. AFTK (in million) 
 4                               1,040.7                    247.1                45.5      2,512.1                      56.9 
                      ==================  =======================  ==================  ===========  ======================== 
      Domestic                     432.0                    223.6                87.3        943.1                      48.6 
                      ==================  =======================  ==================  ===========  ======================== 
      International                599.2                    269.7                25.7      1,542.2                      64.1 
                      ==================  =======================  ==================  ===========  ======================== 
      Regional                       9.5                    124.5                22.3         26.8                       1.1 
                      ==================  =======================  ==================  ===========  ======================== 
II. Traffic 
                      ==================  =======================  ==================  ===========  ======================== 
1. RTK (in million) 
 5                               1,417.7                    124.8                91.3      3,069.7                       0.0 
                      ==================  =======================  ==================  ===========  ======================== 
      Domestic                   1,131.5                    155.6               112.2      2,348.4                      35.3 
                      ==================  =======================  ==================  ===========  ======================== 
      International                272.2                     48.0                35.0        691.4                     -45.3 
                      ==================  =======================  ==================  ===========  ======================== 
      Regional                      13.9                    249.9               119.4         29.9                     -57.0 
                      ==================  =======================  ==================  ===========  ======================== 
2. RPK (in million) 
 6                              11,564.8                    128.5               118.6     23,533.7                     -14.7 
                      ==================  =======================  ==================  ===========  ======================== 
      Domestic                  11,306.5                    174.5               120.1     22,889.7                      33.6 
                      ==================  =======================  ==================  ===========  ======================== 
      International                150.6                    -83.7                34.2        430.3                     -95.6 
                      ==================  =======================  ==================  ===========  ======================== 
      Regional                     107.7                    524.2               160.7        213.7                     -68.2 
                      ==================  =======================  ==================  ===========  ======================== 
3. RFTK (in million) 
 7                                 382.7                    108.8                40.1        972.2                      48.1 
                      ==================  =======================  ==================  ===========  ======================== 
      Domestic                     120.6                     54.8                52.1        310.3                      31.2 
                      ==================  =======================  ==================  ===========  ======================== 
      International                258.8                    151.4                35.0        653.2                      58.0 
                      ==================  =======================  ==================  ===========  ======================== 
      Regional                       3.2                     34.3                42.8          8.6                      37.3 
                      ==================  =======================  ==================  ===========  ======================== 
 
 
                                                                                                                   Year-on- 
                                                        Year-on-              Month-                                   Year 
                                                            Year            on-Month                             Cumulative 
                                  March                   Change              Change   Cumulative                    Change 
                                  2021                     (%) 1               (%) 1         2021                     (%) 1 
 4. Number of 
  Passengers 
  carried (in 
  thousand)                     7,603.7                    160.1               116.4     15,547.5                      13.4 
                     ==================  =======================  ==================  ===========  ======================== 
     Domestic                   7,509.7                    171.6               116.4     15,338.5                      35.1 
                     ==================  =======================  ==================  ===========  ======================== 
     International                 26.2                    -82.1                44.7         74.2                     -96.1 
                     ==================  =======================  ==================  ===========  ======================== 
     Regional                      67.7                    475.0               160.9        134.8                     -68.7 
                     ==================  =======================  ==================  ===========  ======================== 
 5. Total Cargo and 
  Mail 
  carried (in 
  tonnes)                     110,725.0                     64.2                47.6    285,113.0                      33.6 
                     ==================  =======================  ==================  ===========  ======================== 
     Domestic                  73,357.6                     46.2                51.7    190,738.6                      28.0 
                     ==================  =======================  ==================  ===========  ======================== 
     International             35,311.4                    125.6                39.9     88,788.6                      48.0 
                     ==================  =======================  ==================  ===========  ======================== 
     Regional                   2,056.0                     26.8                42.2      5,585.9                      27.2 
                     ==================  =======================  ==================  ===========  ======================== 
III. Load Factor 
                     ==================  =======================  ==================  ===========  ======================== 
1. Passenger Load 
 Factor 
 (%) 8                             72.4                     15.6                10.8         66.1                      -1.8 
                     ==================  =======================  ==================  ===========  ======================== 
     Domestic                      73.5                     12.5                11.0         67.2                      -1.2 
                     ==================  =======================  ==================  ===========  ======================== 
     International                 41.0                     -4.0                -0.7         40.2                     -27.3 
                     ==================  =======================  ==================  ===========  ======================== 
     Regional                      49.7                     32.0                 7.6         46.3                     -14.8 
                     ==================  =======================  ==================  ===========  ======================== 
 2. Cargo and Mail 
  Load 
  Factor (%) 9                     36.8                    -24.4                -1.4         38.7                      -2.3 
                     ==================  =======================  ==================  ===========  ======================== 
     Domestic                      27.9                    -30.4                -6.5         32.9                      -4.4 
                     ==================  =======================  ==================  ===========  ======================== 
     International                 43.2                    -20.3                 3.0         42.4                      -1.6 
                     ==================  =======================  ==================  ===========  ======================== 
     Regional                      33.7                    -22.6                 4.8         32.1                       8.5 
                     ==================  =======================  ==================  ===========  ======================== 
3. Overall Load 
 Factor 
 (%) 10                            57.2                      0.0                 7.4         53.7                      -4.6 
                     ==================  =======================  ==================  ===========  ======================== 
     Domestic                      62.3                      2.6                 7.3         58.6                      -1.5 
                     ==================  =======================  ==================  ===========  ======================== 
     International                 43.1                     -9.9                 2.8         42.2                     -14.0 
                     ==================  =======================  ==================  ===========  ======================== 
     Regional                      45.2                     15.6                 8.8         41.3                     -11.7 
                     ==================  =======================  ==================  ===========  ======================== 
 

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 April 2021

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END

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April 16, 2021 12:29 ET (16:29 GMT)

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