ANNOUNCEMENT ON KEY OPERATING DATA OF OCTOBER 2024

Source: RNS
RNS Number : 5862M
Air China Ld
18 November 2024
 

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 OCTOBER 2024

 

The enclosed announcement (the "SSE Announcement") was published by Air China Limited ("Air China") on the Shanghai Stock Exchange on 15 November 2024, which contains combined operating data for October 2024 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

Xiao Feng    Huen Ho Yin

Joint Company Secretaries

 

Beijing, the PRC, 15 November 2024

 

As at the date of this announcement, the directors of the Company are Mr. Ma Chongxian, Mr. Wang Mingyuan, Mr. Cui Xiaofeng, Mr. Patrick Healy, Mr. Xiao Peng, 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 OCTOBER 2024

 

In October 2024, Air China Limited (the "Company") and its subsidiaries (the "Group") recorded a year-on-year 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 14.5%, passenger traffic recorded a year-on-year increase of 22.1%. Among which, for domestic routes, passenger capacity increased by 3.0% year on year, and passenger traffic increased by 11.5% year on year. For international routes, passenger capacity increased by 55.5% year on year, and passenger traffic increased by 65.4% year on year. For regional routes, passenger capacity increased by 30.2% year on year, and passenger traffic recorded an increase of 35.8% year on year. The passenger load factor was 81.9%, representing an increase of 5.1 percentage points as compared to the same period last year. Among which, the passenger load factor for domestic routes increased by 6.5 percentage points year on year, the passenger load factor for international routes increased by

4.5 percentage points year on year, and the passenger load factor for regional routes increased by 2.9 percentage points year on year.

 

In terms of cargo operations, cargo capacity (measured by available freight tonne kilometers (the "AFTK")) increased by 20.3% year on year. Cargo and mail traffic (measured by revenue freight tonne kilometers (the "RFTK")) increased by 35.5% year on year. The cargo load factor was 37.3%, representing a year-on-year increase of 4.2 percentage points.

 

Starting from 27 October 2024, the Company added Shanghai Pudong - Hanoi route (seven flights per week).

 

In October 2024, the Group introduced one ARJ21-700 aircraft. As at the end of October 2024, the Group operated a fleet of 925 aircraft, including 406 self-owned aircraft, 223 aircraft under finance lease and 296 aircraft under operating lease.

The following table sets forth key operating data of October 2024:

 


 

 

October 2024

 

Year-on-Year Change (%)1

 

Month-on-Month Change (%)1

 

Cumulative

2024

Year-on-Year Cumulative Change (%)1

I. Capacity






1. ATK (in million)2

3,953.0

16.2

7.3

37,288.0

23.8

Domestic

2,550.2

2.6

8.1

24,649.1

2.6

International

1,293.1

54.9

5.1

11,602.9

116.1

Regional

109.8

34.2

14.3

1,036.1

43.6

2. ASK (in million)3

30,706.1

14.5

4.2

298,855.8

20.8

Domestic

21,260.8

3.0

4.4

211,733.9

2.7

International

8,554.6

55.5

2.9

78,473.2

122.3

Regional

890.8

30.2

10.8

8,648.7

45.2

3. AFTK (in million)4

1,184.7

20.3

15.0

10,354.2

32.3

Domestic

636.9

1.4

20.5

5,601.1

2.2

International

522.0

53.6

8.4

4,532.9

107.1

Regional

25.8

49.3

26.4

220.2

41.5

II. Traffic






1. RTK (in million)5

2,671.3

24.2

7.4

24,880.9

36.6

Domestic

1,755.3

12.2

7.6

16,496.6

13.7

International

850.8

58.0

6.4

7,747.6

135.0

Regional

65.3

39.7

14.3

636.7

55.3

2. RPK (in million)6

25,133.9

22.1

7.1

239,380.7

32.5

Domestic

18,142.8

11.5

9.1

172,980.3

13.2

International

6,358.4

65.4

1.0

60,124.6

151.6

Regional

632.7

35.8

15.0

6,275.8

55.2

3. RFTK (in million)7

442.0

35.5

11.7

3,879.5

66.2

Domestic

150.6

19.4

0.2

1,357.1

23.2

International

285.0

44.8

18.9

2,466.6

105.3

Regional

6.4

92.2

9.5

55.7

77.6


 

 

October 2024

 

Year-on-Year Change (%)1

 

Month-on-Month Change (%)1

 

Cumulative

2024

Year-on-Year Cumulative Change (%)1

4. Number of Passengers carried (in thousand)

 

13,835.6

 

18.1

 

9.7

 

131,171.6

 

22.2

Domestic

12,035.3

13.5

10.3

113,783.7

13.9

International

1,403.4

72.4

3.1

13,452.8

172.3

Regional

396.9

34.3

14.8

3,935.1

55.3

5. Total Cargo and Mail carried (in tonnes)

 

137,558.5

 

27.9

 

7.0

 

1,206,897.1

 

40.8

Domestic

91,486.2

19.6

3.1

805,823.3

21.5

International

42,016.4

46.1

16.3

366,089.8

111.0

Regional

4,055.9

75.4

10.9

34,984.0

67.4

III. Load Factor






1. Passenger Load Factor (%)8

81.9

5.1

2.2

80.1

7.1

Domestic

85.3

6.5

3.6

81.7

7.6

International

74.3

4.5

-1.4

76.6

8.9

Regional

71.0

2.9

2.6

72.6

4.7

2. Cargo and Mail Load Factor (%)9

 

37.3

 

4.2

 

-1.1

 

37.5

 

7.6

Domestic

23.6

3.6

-4.8

24.2

4.1

International

54.6

-3.3

4.8

54.4

-0.5

Regional

24.9

5.6

-3.8

25.3

5.1

3. Overall Load Factor (%)10

67.6

4.4

0.1

66.7

6.2

Domestic

68.8

5.9

-0.3

66.9

6.5

International

65.8

1.3

0.8

66.8

5.4

Regional

59.5

2.3

0.0

61.5

4.6


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 November 2024

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.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
UPDQKFBKNBDKNDD