ANNOUNCEMENT ON KEY OPERATING DATA OF APRIL 2019

By

Regulatory News | 16 May, 2019

Updated : 07:01

RNS Number : 2309Z
Air China Ld
16 May 2019
 

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.

 

 

 

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 APRIL 2019

 

The enclosed announcement(the "SSE Announcement") was published by Air China Limited (the "Air China") on the Shanghai Stock Exchange on 15 May 2019, which contains combined operating data for April 2019 for Air China and its subsidiaries (collectively, the "Group"). This announcement enclosing the SSE Announcement is made by Air China pursuant to Rule 13.10B of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited.

 

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 results from inappropriate reliance upon or utilization of the information given above.

 

                   By Order of the Board

                  Air China Limited

                        Zhou Feng 

                     Tam Shuit Mui

Joint Company Secretaries

 

Beijing, the PRC, 15 May 2019

 

As at the date of this announcement, the directors of the Company are Mr. Cai Jianjiang, Mr. Song Zhiyong, Mr. Xue Yasong, Mr. John Robert Slosar, Mr. Wang Xiaokang*, Mr. Liu Deheng*, 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 APRIL 2019

 

In April 2019, Air China Limited (the "Company"), and its subsidiaries (the "Group") maintained growth in combined passenger traffic (measured by revenue passenger kilometers (the "RPK")) as compared to the same period last year and to the same period last month. Passenger capacity (measured by available seat kilometers (the "ASK")) and passenger traffic recorded a year-on-year increase of 4.9% and 4.2% respectively. For domestic routes, passenger capacity increased by 0.8% and passenger traffic decreased by 0.1%, as compared to the same period last year. For international routes, passenger capacity and passenger traffic increased by 9.5% and 9.8% respectively, as compared to the same period last year. Passenger capacity on regional routes increased by 21.3%, and passenger traffic recorded an increase of 20.4%, as compared to the same period last year. The overall passenger load factor was 81.0%, representing a decrease of 0.5 percentage point as compared to the same period last year. The passenger load factor for domestic routes decreased by 0.8 percentage point year-on-year, the passenger load factor for international routes increased by 0.2 percentage point and for regional routes decreased by 0.6 percentage point year-on-year.

 

In terms of cargo operations, in April 2019, cargo and mail traffic (measured by revenue freight tonne kilometers (the "RFTK")) recorded a slight decrease as compared to the same period last year and recorded an increase as compared to the same period last month. Freight tonnage carried recorded a slight decrease on both a year-on-year basis and on a month-on-month basis. Cargo capacity (measured by available freight tonne kilometers (the "AFTK")) increased by 2.8% year-on-year. Cargo and mail traffic decreased by 1.6%, the volume of cargo and mail carried decreased by 0.5% as compared to the same period last year. The cargo load factor was 44.6%, representing a year-on-year decrease of 2.0 percentage points.

 

The Company launched a Xi'an-Ningbo route (three times a week), a Hailar-Wuhan route (three times a week) and a Hohhot-Guiyang route (three times a week) on 2 April 2019, launched a Chongqing- Changchun route (three times a week) on 23 April 2019 and a Chongqing-Hohhot-Hailar route (four times a week) on 24 April 2019.

 

In April 2019, the Group introduced two A320 series aircraft, and retired six B737-800 aircraft. As at the end of April 2019, the Group operated a fleet of  672  aircraft, including 281  self-owned aircraft, 192 aircraft under finance lease and 199 aircraft under operating lease.

 

The following table sets forth key operating data for April 2019:

 

 

 

 

April 2019

 

Year-on-Year

Change

(%)

 

Month-on-

Month Change (%)

 

 

Cumulative

2019

Year-on-

Year Cumulative Change (%)

I. Capacity

 

 

 

 

 

1. ATK (in million)1

3,073.5

4.2

-0.6

12,278.3

5.8

Domestic

1,521.2

-0.7

-5.5

6,415.4

2.9

International

1,433.7

8.5

4.5

5,413.5

8.7

Regional

118.6

23.4

9.0

449.4

14.3

2. ASK (in million)2

23,743.8

4.9

0.2

94,062.8

6.2

Domestic

13,280.5

0.8

-3.2

54,644.3

3.9

International

9,489.4

9.5

4.6

35,713.0

9.0

Regional

973.9

21.3

7.2

3,705.5

14.0

3. AFTK (in million)3

931.7

2.8

-2.2

3,791.1

4.9

Domestic

326.5

-5.8

-13.0

1,496.9

-0.5

International

578.6

7.3

4.3

2,194.9

8.5

Regional

26.6

29.6

16.2

99.3

13.3

II. Traffic

 

 

 

 

 

1. RTK (in million)4

2,123.7

2.8

0.3

8,252.8

4.5

Domestic

1,101.0

-0.3

-2.8

4,453.1

2.4

International

941.3

5.4

3.7

3,491.3

6.5

Regional

81.4

18.8

5.7

308.4

15.3

2. RPK (in million)5

19,224.8

4.2

0.6

76,492.9

6.3

Domestic

10,961.3

-0.1

-2.5

45,061.4

3.1

International

7,473.0

9.8

4.7

28,403.4

10.7

Regional

790.5

20.4

6.9

3,028.0

17.2

3. RFTK (in million)6

415.4

-1.6

0.8

1,512.8

-1.4

Domestic

126.0

-1.1

-3.6

487.3

-2.1

International

281.5

-2.0

2.9

997.9

-1.0

Regional

7.9

4.9

0.6

27.7

-2.5

 

 

 

 

April 2019

 

Year-on-Year

Change

(%)

 

Month-on-

Month Change (%)

 

 

Cumulative

2019

Year-on-

Year Cumulative Change (%)

4. Number of Passengers carried (in thousand)

 

9,350.1

 

2.1

 

-1.4

 

37,795.4

 

5.3

Domestic

7,371.7

-1.0

-2.2

30,110.0

2.8

International

1,477.0

14.5

0.1

5,767.1

16.1

Regional

501.4

19.6

6.9

1,918.4

16.9

5. Total Cargo and Mail carried (in tonnes)

 

120,295.1

 

-0.5

 

-2.4

 

453,422.8

 

-0.7

Domestic

77,280.3

-1.7

-3.9

298,901.6

-2.3

International

38,421.7

2.0

1.1

137,765.7

3.5

Regional

4,593.0

0.1

-4.2

16,755.5

-4.6

III. Load Factor

 

 

 

 

 

1. Passenger Load Factor (%)7

 

81.0

 

-0.5

 

0.3

 

81.3

 

0.1

Domestic

82.5

-0.8

0.6

82.5

-0.6

International

78.8

0.2

0.0

79.5

1.2

Regional

81.2

-0.6

-0.2

81.7

2.2

2. Cargo and Mail Load Factor (%)8

 

44.6

 

-2.0

 

1.3

 

39.9

 

-2.5

Domestic

38.6

1.8

3.8

32.6

-0.5

International

48.7

-4.6

-0.7

45.5

-4.4

Regional

29.5

-7.0

-4.6

27.9

-4.5

3. Overall Load Factor (%)9

69.1

-1.0

0.6

67.2

-0.8

Domestic

72.4

0.3

2.0

69.4

-0.3

International

65.7

-2.0

-0.5

64.5

-1.3

Regional

68.6

-2.7

-2.1

68.6

0.6

 

Notes:

 

1.          "ATK(s)" refers to the number of tonnes of capacity available for transportation multiplied by the kilometers flown

 

2.          "ASK(s)" refers to the number of seats available for sale multiplied by the kilometers flown

 

3.          "AFTK(s)" refers to the number of tonnes of capacity available for the carriage of cargo and mail multiplied by the kilometers flown

 

4.          "RTK(s)" refers to the revenue load (passenger and cargo) in tonnes multiplied by the kilometers flown

 

5.          "RPK(s)"referstothenumberofrevenuepassengerscarriedmultipliedbythekilometersflown

 

6.          "RFTK(s)"referstotherevenuecargoandmailloadintonnesmultipliedbythekilometersflown

 

7.          "Passenger Load Factor" refers to revenue passenger kilometers expressed as a percentage of available seat kilometers

 

8.          "Cargo and Mail Load Factor" refers to revenue freight tonne kilometers expressed as a percentage of available freight tonne kilometers

 

9.          "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 results from inappropriate reliance upon or utilization of the information given above.

 

Board of Directors of Air China Limited Beijing, the PRC, 15 May 2019


This information is provided by RNS, 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.
 
END
 
 
TSTAFMTTMBMBMLL

Last news