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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 NOVEMBER (0822K)

19/12/2022 7:00am

UK Regulatory


Air China Ld (LSE:AIRC)
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TIDMAIRC

RNS Number : 0822K

Air China Ld

19 December 2022

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 NOVEMBER 2022

The enclosed announcement (the "SSE Announcement") was published by Air China Limited (the "Air China") on the Shanghai Stock Exchange on 15 December 2022, which contains combined operating data for November 2022 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

Huang Bin Huen Ho Yin

Joint Company Secretaries

Beijing, the PRC, 15 December 2022

As at the date of this announcement, the directors of the Company are Mr. Ma Chongxian, Mr. Feng Gang, Mr. Patrick Healy, Mr. Li Fushen*, Mr. He Yun*, Mr. Xu Junxin* and Ms. Winnie Tam Wan-chi*.

   *        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 NOVEMBER 2022

In November 2022, Air China Limited (the "Company") and its subsidiaries (the "Group") recorded a year-on-year decrease and a month-on-month decrease 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 decrease of 26.2% and a month-on-month decrease of 11.3%. Passenger traffic recorded a year-on-year decrease of 22.7% and a month-on-month decrease of 14.2%. Among which, for domestic routes, passenger capacity decreased by 32.1% year on year and decreased by 14.1% month on month, and passenger traffic decreased by 27.3% year on year and decreased by 16.2% month on month. For international routes, passenger capacity increased by 79.8% and increased by 16.8% as compared to the same period last year and the previous month, respectively, and passenger traffic increased by 95.4% and increased by 12.5% as compared to the same period last year and the previous month, respectively. For regional routes, passenger capacity increased by 36.0% and decreased by 2.6% as compared to the same period last year and the previous month, respectively, and passenger traffic recorded an increase of 81.2% year on year and an increase of 6.5% month on month. The overall passenger load factor was 62.1%, representing an increase of 2.8 percentage points as compared to the same period last year and a decrease of 2.1 percentage points as compared to the previous month. Among which, the passenger load factor for domestic routes increased by 4.3 percentage points year on year and decreased by 1.6 percentage points month on month, the passenger load factor for international routes increased by 3.4 percentage points and decreased by 1.6 percentage points as compared to the same period last year and the previous month, respectively, and the passenger load factor for regional routes increased by 12.2 percentage points year on year and increased by 4.2 percentage points month on month.

In terms of cargo operations, cargo capacity (measured by available freight tonne kilometers (the "AFTK")) decreased by 57.5% year on year and decreased by 29.7% month on month. Cargo and mail traffic (measured by revenue freight tonne kilometers (the "RFTK")) decreased by 56.9% year on year and decreased by 28.4% month on month. The cargo load factor was 44.1%, representing a year-on-year increase of 0.6 percentage point and a month-on-month increase of 0.8 percentage point.

In November 2022, the Group introduced three A321NEO aircraft and one ARJ21-700 aircraft. As at the end of November 2022, the Group operated a fleet of 757 aircraft, including 306 self-owned aircraft, 247 aircraft under finance lease and 204 aircraft under operating lease.

The following table sets forth key operating data of November 2022:

 
                                        Year-on-Year                                Year-on-Year 
                              November        Change  Month-on-Month  Cumulative      Cumulative 
                                  2022        (%)(1)   Change (%)(1)        2022   Change (%)(1) 
I. Capacity 
                              --------  ------------  --------------  ----------  -------------- 
   1. ATK (in million)(2)        904.8         -43.8           -20.2    15,896.1           -29.6 
                              --------  ------------  --------------  ----------  -------------- 
       Domestic                  584.3         -33.4           -13.6     9,582.6           -39.7 
                              --------  ------------  --------------  ----------  -------------- 
       International             296.8         -58.4           -31.0     6,067.6            -4.8 
                              --------  ------------  --------------  ----------  -------------- 
       Regional                   23.7          22.5           -12.6       245.8           -19.6 
                              --------  ------------  --------------  ----------  -------------- 
   2. ASK (in million)(3)      5,765.6         -26.2           -11.3    88,235.6           -38.0 
                              --------  ------------  --------------  ----------  -------------- 
       Domestic                4,996.0         -32.1           -14.1    82,930.3           -39.1 
                              --------  ------------  --------------  ----------  -------------- 
       International             612.6          79.8            16.8     3,908.9             1.3 
                              --------  ------------  --------------  ----------  -------------- 
       Regional                  157.0          36.0            -2.6     1,396.4           -34.4 
                              --------  ------------  --------------  ----------  -------------- 
   3. AFTK (in million)(4)       384.7         -57.5           -29.7     7,951.2           -18.6 
                              --------  ------------  --------------  ----------  -------------- 
       Domestic                  134.8         -37.4           -11.8     2,126.2           -41.8 
                              --------  ------------  --------------  ----------  -------------- 
       International             241.6         -64.6           -36.9     5,715.8            -5.1 
                              --------  ------------  --------------  ----------  -------------- 
       Regional                    8.3           2.2           -26.5       109.2            13.1 
                              --------  ------------  --------------  ----------  -------------- 
II. Traffic 
                              --------  ------------  --------------  ----------  -------------- 
   1. RTK (in million)(5)        490.7         -39.4           -19.5     8,159.9           -35.4 
                              --------  ------------  --------------  ----------  -------------- 
       Domestic                  342.0         -30.7           -15.5     5,467.0           -43.2 
                              --------  ------------  --------------  ----------  -------------- 
       International             139.0         -54.8           -28.7     2,594.5            -9.2 
                              --------  ------------  --------------  ----------  -------------- 
       Regional                    9.7          26.5            -2.1        98.4           -34.3 
                              --------  ------------  --------------  ----------  -------------- 
   2. RPK (in million)(6)      3,578.3         -22.7           -14.2    55,429.6           -43.5 
                              --------  ------------  --------------  ----------  -------------- 
       Domestic                3,241.8         -27.3           -16.2    53,075.8           -44.3 
                              --------  ------------  --------------  ----------  -------------- 
       International             259.9          95.4            12.5     1,705.9            -2.7 
                              --------  ------------  --------------  ----------  -------------- 
       Regional                   76.6          81.2             6.5       647.9           -43.5 
                              --------  ------------  --------------  ----------  -------------- 
   3. RFTK (in million)(7)       169.6         -56.9           -28.4     3,259.8           -16.8 
                              --------  ------------  --------------  ----------  -------------- 
       Domestic                   51.6         -45.4           -13.6       781.8           -33.9 
                              --------  ------------  --------------  ----------  -------------- 
       International             115.9         -60.8           -33.6     2,443.2            -9.5 
                              --------  ------------  --------------  ----------  -------------- 
       Regional                    2.2         -37.7           -23.3        34.8            -3.5 
                              --------  ------------  --------------  ----------  -------------- 
    4. Number of Passengers 
     carried 
     (in thousand)             2,194.6         -28.6           -18.2    35,636.8           -45.0 
                              --------  ------------  --------------  ----------  -------------- 
       Domestic                2,102.0         -30.6           -19.3    34,964.5           -45.2 
                              --------  ------------  --------------  ----------  -------------- 
       International              45.4         123.6            16.0       295.7             5.7 
                              --------  ------------  --------------  ----------  -------------- 
       Regional                   47.2          77.7            14.0       376.6           -45.3 
                              --------  ------------  --------------  ----------  -------------- 
    5. Total Cargo and 
     Mail carried 
     (in tonnes)              48,258.6         -49.1           -21.1   798,195.7           -26.7 
                              --------  ------------  --------------  ----------  -------------- 
       Domestic               32,026.6         -44.6           -14.0   474,978.5           -34.8 
                              --------  ------------  --------------  ----------  -------------- 
       International          14,803.0         -57.5           -32.9   300,915.1           -11.1 
                              --------  ------------  --------------  ----------  -------------- 
       Regional                1,428.9         -31.2           -21.5    22,302.1             0.1 
                              --------  ------------  --------------  ----------  -------------- 
III. Load Factor 
                              --------  ------------  --------------  ----------  -------------- 
    1. Passenger Load 
     Factor (%)(8)                62.1           2.8            -2.1        62.8            -6.2 
                              --------  ------------  --------------  ----------  -------------- 
       Domestic                   64.9           4.3            -1.6        64.0            -5.9 
                              --------  ------------  --------------  ----------  -------------- 
       International              42.4           3.4            -1.6        43.6            -1.8 
                              --------  ------------  --------------  ----------  -------------- 
       Regional                   48.8          12.2             4.2        46.4            -7.5 
                              --------  ------------  --------------  ----------  -------------- 
    2. Cargo and Mail 
     Load 
     Factor (%)(9)                44.1           0.6             0.8        41.0             0.9 
                              --------  ------------  --------------  ----------  -------------- 
       Domestic                   38.3          -5.6            -0.8        36.8             4.4 
                              --------  ------------  --------------  ----------  -------------- 
       International              48.0           4.6             2.4        42.7            -2.1 
                              --------  ------------  --------------  ----------  -------------- 
       Regional                   25.9         -16.6             1.1        31.8            -5.5 
                              --------  ------------  --------------  ----------  -------------- 
    3. Overall Load Factor 
     (%)(10)                      54.2           4.0             0.4        51.3            -4.6 
                              --------  ------------  --------------  ----------  -------------- 
       Domestic                   58.5           2.3            -1.4        57.1            -3.5 
                              --------  ------------  --------------  ----------  -------------- 
       International              46.8           3.7             1.5        42.8            -2.1 
                              --------  ------------  --------------  ----------  -------------- 
       Regional                   40.8           1.3             4.4        40.0            -9.0 
                              --------  ------------  --------------  ----------  -------------- 
 

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, 15 December 2022

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END

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December 19, 2022 02:00 ET (07:00 GMT)

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