Company Announcements

ANNOUNCEMENT ON KEY OPERATING DATA OF JULY 2021

Source: RNS
RNS Number : 8927I
Air China Ld
17 August 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.

 

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 JULY 2021

 

The enclosed announcement (the "SSE Announcement") was published by Air China Limited ("Air China") on the Shanghai Stock Exchange on 16 August 2021, which contains combined operating data of Air China and its subsidiaries (collectively, the "Group") for July 2021. 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, 16 August 2021

 

As at the date of this announcement, the directors of the Company are Mr. Song Zhiyong, Mr. Ma Chongxian, 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 JULY 2021

 

In July 2021, Air China Limited (the "Company") and its subsidiaries (the "Group") recorded increases in combined passenger traffic (measured by revenue passenger kilometers (the "RPK")) as compared to the same period last year and last month. Passenger capacity (measured by available seat kilometers (the "ASK")) recorded a year-on-year increase of 34.4% and passenger traffic recorded a year-on-year increase of 38.4%. For domestic routes, passenger capacity increased by 33.0% and passenger traffic increased by 37.4%, as compared to the same period last year. For international routes, passenger capacity decreased by 0.3% and passenger traffic decreased by 15.6%, as compared to the same period last year. Passenger capacity and passenger traffic on regional routes recorded large scale of increase, as compared to the same period last year. The overall passenger load factor was 73.8%, representing an increase of 2.1 percentage points as compared to the same period last year. The passenger load factor increased by 2.4 percentage points for domestic routes and decreased by 8.9 percentage points for international routes, as compared to the same period last year, and the passenger load factor for regional routes recorded a year-on-year increase of 55.0 percentage points.

 

In terms of cargo operations, cargo capacity (measured by available freight tonne kilometers (the "AFTK")) increased by 8.2% year on year. Cargo and mail traffic (measured by revenue freight tonne kilometers (the "RFTK")) increased by 12.2%, the volume of cargo and mail carried increased by 7.1% as compared to the same period last year. The cargo load factor was 39.4%, representing a year- on-year increase of 1.4 percentage points.

 

From 8 July 2021, the Company added the Wenzhou - Hailar route (three flights per week). From 14 July 2021, the Company added the Chengdu Tianfu - Beihai route (seven flights per week).

 

In July 2021, the Group introduced two A320NEO aircraft, one A321NEO aircraft. As at the end of July 2021, the Group operated a fleet of 732 aircraft, including 294 self-owned aircraft, 230 aircraft under finance lease and 208 aircraft under operating lease.


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

 


 

 

 

July 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

2,328.0

23.2

15.7

15,256.4

28.9

Domestic

1,768.7

38.1

25.1

11,068.8

63.6

International

517.3

-13.6

-7.8

3,959.4

-19.2

Regional

41.9

363.4

12.0

228.1

32.2

2. ASK (in million)3

16,071.3

34.4

23.2

98,571.2

27.1

Domestic

15,358.7

33.0

23.4

94,449.9

56.4

International

393.9

-0.3

22.0

2,508.9

-84.2

Regional

318.7

1,512.4

12.0

1,612.4

35.1

3. AFTK (in million)4

880.8

8.2

5.3

6,377.4

31.4

Domestic

388.5

59.4

31.7

2,574.9

93.3

International

481.9

-14.4

-9.4

3,733.6

7.9

Regional

10.5

47.9

11.4

68.9

17.5

II. Traffic






1. RTK (in million)5

1,380.2

29.6

17.7

8,644.9

34.6

Domestic

1,102.8

32.4

21.9

6,794.8

59.5

International

253.3

10.6

2.2

1,735.0

-16.8

Regional

24.0

877.4

19.2

115.1

46.8

2. RPK (in million)6

11,861.3

38.4

27.0

70,113.9

32.8

Domestic

11,464.9

37.4

27.2

68,095.7

63.7

International

191.9

-15.6

22.6

1,086.7

-89.7

Regional

204.5

11,145.9

20.6

931.4

37.8

3. RFTK (in million)7

347.2

12.2

2.3

2,423.0

36.8

Domestic

107.0

9.0

4.8

761.9

29.7

International

236.4

13.2

1.0

1,638.7

40.3

Regional

3.7

63.0

11.7

22.4

51.4



 

 

 

July 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)

 

7,761.6

 

33.0

 

23.5

 

46,372.2

 

50.8

Domestic

7,608.6

31.2

23.5

45,632.0

61.4

International

30.2

-18.3

27.7

176.1

-91.4

Regional

122.7

7,238.2

22.4

564.2

29.7

5. Total Cargo and Mail carried (in tonnes)

 

98,269.5

 

7.1

 

3.0

 

698,774.0

 

28.5

Domestic

67,097.9

8.9

4.9

471,588.3

27.1

International

28,944.9

1.3

-0.8

212,919.2

31.3

Regional

2,226.8

41.4

1.6

14,266.5

39.0

III. Load Factor






1. Passenger Load Factor (%)8

73.8

2.1

2.2

71.1

3.0

Domestic

74.6

2.4

2.2

72.1

3.2

International

48.7

-8.9

0.2

43.3

-22.8

Regional

64.2

55.0

4.6

57.8

1.1

2. Cargo and Mail Load Factor (%)9

 

39.4

 

1.4

 

-1.2

 

38.0

 

1.5

Domestic

27.6

-12.7

-7.1

29.6

-14.5

International

49.1

12.0

5.1

43.9

10.1

Regional

35.5

3.3

0.1

32.5

7.3

3. Overall Load Factor (%)10

59.3

2.9

1.0

56.7

2.4

Domestic

62.4

-2.7

-1.6

61.4

-1.6

International

49.0

10.7

4.8

43.8

1.3

Regional

57.4

30.2

3.4

50.5

5.0


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, 16 August 2021

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