AIRC.L

Air China Ltd.
Air China Ld - ANNOUNCEMENT ON KEY OPERATING DATA OF JUNE 2024
16th July 2024, 06:00
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RNS Number : 5580W
Air China Ld
16 July 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 JUNE 2024

 

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

 

As at the date of this announcement, the directors of the Company are Mr. Ma Chongxian, Mr. Wang Mingyuan, 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 2024

 

In June 2024, 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 11.4%, and a month-on-month decrease of 1.4%. Passenger traffic recorded a year-on-year increase of 22.6% and a month-on-month increase of 0.7%. Among which, for domestic routes, passenger capacity decreased by 4.3% year on year and decreased by 1.8% month on month, and passenger traffic increased by 5.3% year on year and decreased by 0.8% month on month. For international routes, passenger capacity increased by 85.1% and decreased by 0.5% as compared to the same period last year and the previous month, respectively, and passenger traffic increased by 114.7% and increased by 4.7% as compared to the same period last year and the previous month, respectively. For regional routes, passenger capacity increased by 30.7% and decreased by 1.9% as compared to the same period last year and the previous month, respectively, and passenger traffic recorded an increase of 44.1% year on year and an increase of 2.8% month on month. The passenger load factor was 80.0%, representing an increase of 7.3 percentage points as compared to the same period last year and an increase of 1.7 percentage points as compared to the previous month. Among which, the passenger load factor for domestic routes increased by 7.5 percentage points year on year and increased by 0.8 percentage points month on month, the passenger load factor for international routes increased by 10.5 percentage points and increased by 3.8 percentage points as compared to the same period last year and the previous month, respectively, and the passenger load factor for regional routes increased by 6.8 percentage points year on year and increased by 3.3 percentage points month on month.

 

In terms of cargo operations, cargo capacity (measured by available freight tonne kilometers (the "AFTK")) increased by 17.5% year on year and decreased by 9.7% month on month. Cargo and mail traffic (measured by revenue freight tonne kilometers (the "RFTK")) increased by 45.4% year on year and increased by 0.1% month on month. The cargo load factor was 44.3%, representing a year-on-year increase of 8.5 percentage points and a month-on-month increase of 4.4 percentage points.

 

In June 2024, the Group has not introduced or retired aircraft. As at the end of June 2024, the Group operated a fleet of 915 aircraft, including 407 self-owned aircraft, 212 aircraft under finance lease and 296 aircraft under operating lease.

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

 


 

 

June 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

3,517.5

13.0

-3.8

21,606.7

32.2

Domestic

2,251.1

-5.6

-4.7

14,447.8

5.1

International

1,166.9

80.4

-1.8

6,549.4

196.2

Regional

99.5

23.6

-6.0

609.5

58.1

2. ASK (in million)3

28,729.5

11.4

-1.4

171,790.9

27.3

Domestic

19,931.1

-4.3

-1.8

122,675.4

4.3

International

7,940.3

85.1

-0.5

44,082.6

209.8

Regional

858.0

30.7

-1.9

5,032.9

61.0

3. AFTK (in million)4

928.6

17.5

-9.7

6,122.0

46.4

Domestic

458.4

-10.5

-14.6

3,409.8

7.7

International

451.6

73.7

-3.7

2,577.3

177.7

Regional

18.7

0.5

-20.1

135.0

55.3

II. Traffic






1. RTK (in million)5

2,442.8

25.9

0.2

14,229.3

48.7

Domestic

1,578.3

5.5

-1.0

9,487.9

17.2

International

800.4

99.6

2.3

4,374.5

245.3

Regional

64.1

44.6

2.7

366.9

78.7

2. RPK (in million)6

22,978.7

22.6

0.7

136,213.6

42.7

Domestic

16,300.1

5.3

-0.8

98,966.2

16.7

International

6,053.6

114.7

4.7

33,625.0

287.7

Regional

625.0

44.1

2.8

3,622.3

81.5

3. RFTK (in million)7

411.4

45.4

0.1

2,237.1

99.2

Domestic

138.2

9.8

1.0

795.5

31.2

International

266.9

74.4

-0.5

1,409.9

182.0

Regional

6.2

58.2

6.5

31.7

94.6


 

 

June 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)

 

12,541.4

 

13.5

 

-1.2

 

74,959.5

 

28.0

Domestic

10,790.0

5.9

-1.8

65,161.1

17.3

International

1,358.4

131.9

2.9

7,536.0

329.5

Regional

393.1

45.2

2.9

2,262.4

82.4

5. Total Cargo and Mail carried (in tonnes)

 

124,276.0

 

25.2

 

-0.7

 

701,598.3

 

56.5

Domestic

81,497.3

7.6

-0.5

472,737.7

29.5

International

38,936.8

85.4

-1.8

208,953.9

189.6

Regional

3,841.9

51.7

6.0

19,906.8

82.3

III. Load Factor






1. Passenger Load Factor (%)8

80.0

7.3

1.7

79.3

8.6

Domestic

81.8

7.5

0.8

80.7

8.6

International

76.2

10.5

3.8

76.3

15.3

Regional

72.8

6.8

3.3

72.0

8.1

2. Cargo and Mail Load Factor (%)9

 

44.3

 

8.5

 

4.4

 

36.5

 

9.7

Domestic

30.2

5.6

4.7

23.3

4.2

International

59.1

0.2

1.9

54.7

0.8

Regional

33.3

12.2

8.3

23.5

4.7

3. Overall Load Factor (%)10

69.4

7.1

2.8

65.9

7.3

Domestic

70.1

7.4

2.7

65.7

6.8

International

68.6

6.6

2.7

66.8

9.5

Regional

64.4

9.4

5.5

60.2

6.9

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 July 2024

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