ANNOUNCEMENT ON KEY OPERATING DATA OF MARCH 2021
Updated : 17:30
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中國國際航空股份有限公司
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:
March 2021 |
Year-on- Year Change (%)1 |
Month- on-Month Change (%)1 |
Cumulative 2021 | Year-on- Year Cumulative Change (%)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 |
March 2021 |
Year-on- Year Change (%)1 |
Month- on-Month Change (%)1 |
Cumulative 2021 | Year-on- Year Cumulative Change (%)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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