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.

(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 NOVEMBER 2020

The enclosed announcement (the "SSE Announcement") was published by Air China Limited ("Air China") on the Shanghai Stock Exchange on 15 December 2020, which contains combined operating data for November 2020 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

Zhou Feng

Company Secretary

Beijing, the PRC, 15 December 2020

As at the date of this announcement, the directors of the Company are Mr. Cai Jianjiang, Mr. Song Zhiyong, Mr. Feng Gang, Mr. Patrick Healy, Mr. Xue Yasong, Mr. Wang Xiaokang*, Mr. Duan Hongyi*, Mr. Stanley Hui Hon-chung* and Mr. Li Dajin*.

  • Independent non-executive director of the Company

- 1 -

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 NOVEMBER 2020

In November 2020, Air China Limited (the "Company"), and its subsidiaries (the "Group") recorded decrease in combined passenger traffic (measured by revenue passenger kilometers (the "RPK")) as compared to both the same period last year and last month. Passenger capacity (measured by available seat kilometers (the "ASK")) recorded a year-on-year decrease of 32.2% and a month-on-month decrease of 6.8%. Passenger traffic recorded a year-on-year decrease of 38.5% and a month-on-month decrease of 10.0%. For domestic routes, passenger capacity recorded a year-on-year increase of 8.5% and a month-on-month decrease of 6.6%; and passenger traffic recorded a year-on-year decrease of 1.6% and a month-on-month decrease of 9.9%. For international routes, passenger capacity decreased by 11.6% and passenger traffic decreased by 17.0%, as compared to last month. Passenger capacity on regional routes decreased by 3.1% and passenger traffic increased by 8.2%, as compared to last month. The overall passenger load factor was 72.1%, representing a decrease of 2.5 percentage points as compared to last month. The passenger load factor for domestic routes decreased by 2.7 percentage points and for international routes decreased by 2.7 percentage points as compared to last month, and the passenger load factor for regional routes increased by 5.0 percentage points month-on-month.

In terms of cargo operations, cargo capacity (measured by available freight tonne kilometers (the "AFTK")) increased by 24.5% year-on-year and 9.9% month-on-month. Cargo and mail traffic (measured by revenue freight tonne kilometers (the "RFTK")) increased by 3.3% year-on-year and increased by 11.3% month-on-month. The cargo load factor was 36.4%, representing a year-on-year decrease of 7.5 percentage points and a month-on-month increase of 0.5 percentage point.

In November 2020, the Group introduced one ARJ21 aircraft. As at the end of November 2020, the Group operated a fleet of 704 aircraft, including 293 self-owned aircraft, 209 aircraft under finance lease and 202 aircraft under operating lease.

- 2 -

The following table sets forth key operating data for November 2020:

Year-on-

Year-on-

Month-

Year

Year

on-Month

Cumulative

November

Change

Change

Cumulative

Change

2020

(%)1

(%)1

2020

(%)1

I. Capacity

1. ATK (in million)2

2,573.7

-15.2

0.0

21,355.3

-36.8

Domestic

1,828.7

10.8

-6.1

13,814.0

-21.5

International

719.7

-44.4

19.2

7,292.2

-51.3

Regional

25.3

-71.2

5.9

249.1

-79.0

2. ASK (in million)3

15,910.1

-32.2

-6.8

140,732.7

-46.6

Domestic

15,198.7

8.5

-6.6

120,879.8

-21.1

International

538.4

-93.8

-11.6

18,175.6

-81.9

Regional

173.0

-77.5

-3.1

1,677.3

-83.2

3. AFTK (in million)4

1,140.6

24.5

9.9

8,685.2

-13.2

Domestic

461.3

18.1

-4.5

2,945.9

-22.8

International

671.1

31.3

22.3

5,652.2

-5.0

Regional

8.2

-42.7

30.9

87.2

-63.9

II. Traffic

1. RTK (in million)5

1,441.9

-30.4

-4.2

12,004.4

-48.4

Domestic

1,128.3

-2.1

-8.4

8,811.9

-30.0

International

302.4

-64.9

14.8

3,085.8

-68.7

Regional

11.2

-80.1

14.1

106.7

-86.6

2. RPK (in million)6

11,468.6

-38.5

-10.0

99,472.0

-53.5

Domestic

11,160.8

-1.6

-9.9

87,065.1

-31.3

International

225.2

-96.7

-17.0

11,552.3

-85.5

Regional

82.6

-85.2

8.2

854.6

-89.0

3. RFTK (in million)7

415.2

3.3

11.3

3,204.0

-26.8

Domestic

129.7

-6.8

-1.2

1,099.7

-22.0

International

282.5

8.9

18.0

2,079.1

-28.2

Regional

3.0

-6.4

34.5

25.2

-63.3

- 3 -

Year-on-

Year-on-

Month-

Year

Year

on-Month

Cumulative

November

Change

Change

Cumulative

Change

2020

(%)1

(%)1

2020

(%)1

4. Number of Passengers

carried (in thousand)

7,554.2

-18.8

-10.7

61,901.7

-41.3

Domestic

7,465.5

-1.5

-10.8

59,148.3

-30.3

International

37.6

-97.3

-12.3

2,205.9

-85.9

Regional

51.1

-85.6

5.8

547.5

-89.0

5. Total Cargo and Mail

carried (in tonnes)

121,113.5

-4.0

3.8

998,830.0

-23.5

Domestic

81,618.0

-6.2

-1.9

694,895.0

-20.0

International

37,445.5

1.7

17.1

286,373.2

-27.3

Regional

2,050.0

-9.4

35.0

17,561.8

-58.3

III. Load Factor

1. Passenger Load Factor

(%)8

72.1

-7.4

-2.5

70.7

-10.5

Domestic

73.4

-7.6

-2.7

72.0

-10.7

International

41.8

-35.9

-2.7

63.6

-15.7

Regional

47.8

-24.6

5.0

51.0

-26.9

2. Cargo and Mail Load

Factor (%)9

36.4

-7.5

0.5

36.9

-6.8

Domestic

28.1

-7.5

0.9

37.3

0.4

International

42.1

-8.7

-1.5

36.8

-11.9

Regional

36.5

14.2

1.0

29.0

0.5

3. Overall Load Factor

(%)10

56.0

-12.2

-2.5

56.2

-12.6

Domestic

61.7

-8.1

-1.6

63.8

-7.7

International

42.0

-24.5

-1.6

42.3

-23.6

Regional

44.3

-19.7

3.2

42.8

-24.1

- 4 -

This is an excerpt of the original content. To continue reading it, access the original document here.

Attachments

  • Original document
  • Permalink

Disclaimer

Air China Limited published this content on 16 December 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 16 December 2020 01:24:08 UTC