Source - LSE Regulatory
RNS Number : 2037G
Air China Ld
17 July 2023
 


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 JUNE 2023

 

The enclosed announcement (the "SSE Announcement") was published by Air China Limited (the "Air China") on the Shanghai Stock Exchange on 14 July 2023, which contains combined operating data for June 2023 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, 14 July 2023

 

As at the date of this announcement, the directors of the Company are Mr. Ma Chongxian, Mr. Wang Mingyuan, Mr. Feng Gang, Mr. Patrick Healy, Mr. Xiao Peng, 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 JUNE 2023

 

In June 2023, 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 172.3% and a month-on-month increase of 0.8%. Passenger traffic recorded a year-on-year increase of 210.4% and a month-on-month increase of 7.5%. Among which, for domestic routes, passenger capacity increased by 127.6% year on year and decreased by 2.3% month on month, and passenger traffic increased by 163.2% year on year and increased by 3.3% month on month. For international routes, passenger capacity increased by 1,632.8% year on year and increased by 18.3% month on month, and passenger traffic increased by 2,081.5% year on year and increased by 37.1% month on month. For regional routes, passenger capacity increased by 896.6% year on year and increased by 2.1% month on month, and passenger traffic recorded a year-on-year increase of 1,685.5% and a month-on-month increase of 10.8%. The passenger load factor was 72.7%, representing a year on- year increase of 8.9 percentage points and a month-on-month increase of 4.5 percentage points. Among which, the passenger load factor for domestic routes increased by 10.1 percentage points year on year and increased by 4.0 percentage points month on month, the passenger load factor for international routes increased by 13.5 percentage points year on year and increased by 9.0 percentage points month on month, and the passenger load factor for regional routes increased by 29.2 percentage points year on year and increased by 5.2 percentage points month on month.

 

In terms of cargo operations, cargo capacity (measured by available freight tonne kilometers (the "AFTK")) increased by 5.3% year on year and decreased by 2.6% month on month. Cargo and mail traffic (measured by revenue freight tonne kilometers (the "RFTK")) decreased by 19.6% year on year and increased by 17.3% month on month. The cargo load factor was 35.7%, representing a year- on-year decrease of 11.1 percentage points and a month-on-month increase of 6.1 percentage points.

 

In June 2023, the Group introduced two ARJ21-700 aircraft and one B737 series aircraft. As at the end of June 2023, the Group operated a fleet of 902 aircraft, including 357 self-owned aircraft, 239 aircraft under finance lease and 306 aircraft under operating lease.


The following table sets forth key operating data of June 2023:

 


 

 

June 2023

 

Year-on- Year

Change

(%)1

 

Month-on- Month Change

(%)1

 

 

Cumulative

2023

Year-on- Year Cumulative

Change

(%)1

I. Capacity






1. ATK (in million)2

3,112.7

94.2

-0.2

16,346.9

61.0

Domestic

2,385.3

142.8

-4.1

13,746.6

130.8

International

646.9

7.1

17.9

2,214.8

-45.5

Regional

80.5

396.0

-0.1

385.5

174.4

2. ASK (in million)3

25,780.5

172.3

0.8

134,976.7

150.7

Domestic

20,834.0

127.6

-2.3

117,619.4

128.7

International

4,289.8

1,632.8

18.3

14,231.6

787.5

Regional

656.7

896.6

2.1

3,125.7

282.7

3. AFTK (in million)4

790.8

5.3

-2.6

4,184.4

-21.1

Domestic

512.2

221.3

-10.2

3,165.7

138.3

International

260.0

-55.3

17.3

931.8

-76.2

Regional

18.6

88.8

-6.2

86.9

43.9

II. Traffic






1. RTK (in million)5

1,940.4

118.2

8.4

9,567.7

86.4

Domestic

1,495.5

144.4

3.9

8,096.1

138.3

International

400.6

47.6

29.0

1,266.3

-24.5

Regional

44.4

629.7

9.3

205.3

245.9

2. RPK (in million)6

18,739.6

210.4

7.5

95,469.0

186.5

Domestic

15,486.0

163.2

3.3

84,799.1

162.1

International

2,819.8

2081.5

37.1

8,673.7

1,398.7

Regional

433.8

1,685.5

10.8

1,996.2

414.8

3. RFTK (in million)7

282.4

-19.6

17.3

1,122.4

-48.4

Domestic

125.9

43.7

15.3

606.5

14.7

International

152.6

-41.3

19.5

499.6

-69.3

Regional

4.0

7.1

2.3

16.3

-22.3



 

 

June 2023

 

Year-on- Year

Change

(%)1

 

Month-on- Month Change

(%)1

 

 

Cumulative

2023

Year-on- Year Cumulative

Change

(%)1

4. Number of Passengers carried (in thousand)

 

11,049.4

 

183.1

 

4.2

 

58,568.4

 

170.4

Domestic

10,193.0

163.5

2.7

55,573.7

160.6

International

585.7

2,617.6

35.6

1,754.7

1,608.7

Regional

270.7

1,875.3

10.3

1,240.0

446.6

5. Total Cargo and Mail carried (in tonnes)

 

99,205.1

 

14.6

 

15.1

 

448,193.3

 

-14.9

Domestic

75,715.8

45.4

14.7

365,173.9

15.5

International

20,957.5

-34.8

18.3

72,098.1

-63.4

Regional

2,531.8

8.2

1.5

10,921.3

-17.5

III. Load Factor






1.  Passenger Load Factor (%)8

72.7

8.9

4.5

70.7

8.9

Domestic

74.3

10.1

4.0

72.1

9.2

International

65.7

13.5

9.0

60.9

24.9

Regional

66.1

29.2

5.2

63.9

16.4

2. Cargo and Mail Load Factor (%)9

35.7

-11.1

6.1

26.8

-14.2

Domestic

24.6

-30.3

5.4

19.2

-20.6

International

58.7

14.0

1.1

53.6

12.1

Regional

21.4

-16.3

1.8

18.8

-16.0

3. Overall Load Factor (%)10

62.3

6.8

4.9

58.5

8.0

Domestic

62.7

0.4

4.9

58.9

1.8

International

61.9

17.0

5.3

57.2

15.9

Regional

55.1

17.7

4.8

53.3

11.0

 

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

 

11.    As at March 21, 2023, the Company has gained control over Shandong Aviation Group Co., Ltd (the "Shandong Aviation Group"), and Shandong Aviation Group and its subsidiaries within the scope of consolidation, including Shandong Airlines Co., Ltd., have become companies within the scope of the Company's consolidated financial statements. For more details, please refer to the "Announcement on the Progress of Significant Matters Planned by Air China Limited" published by the Company on the website of the Shanghai Stock Exchange on March 22, 2023. The Company's interim announcements and periodic reports will include relevant fleet information and operational data of Shandong Airlines Co., Ltd., and the historical data in the tables will be adjusted to a comparable basis.

 

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, 14 July 2023

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