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    753   CNE1000001S0

AIR CHINA LIMITED

(753)
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Air China : ANNOUNCEMENT ON KEY OPERATING DATA OF OCTOBER 2021

11/15/2021 | 08:56pm EST

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 OCTOBER 2021

The enclosed announcement (the "SSE Announcement") was published by Air China Limited ("Air China") on the Shanghai Stock Exchange on 15 November 2021, which contains combined operating data of Air China and its subsidiaries (collectively, the "Group") for October 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

Huang Bin  Huen Ho Yin

Joint Company Secretaries

Beijing, the PRC, 15 November 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

- 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 OCTOBER 2021

In October 2021, Air China Limited (the "Company") and its subsidiaries (the "Group") recorded

  1. year-on-yeardecrease 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 decrease of 17.2% and a month-on-month increase of 9.2% while passenger traffic recorded a year-on-year decrease of 23.6% and a month-on-month increase of 13.0%, respectively. Among which, for domestic routes, passenger capacity decreased by 16.1% as compared to the same period last year and increased by 9.6% as compared to the previous month, and passenger traffic decreased by 23.0% as compared to the same period last year and increased by 14.2% as compared to the previous month. For international routes, passenger capacity decreased by 37.4% as compared to the same period last year and increased by 34.0% as compared to the previous month, and passenger traffic decreased by 40.7% and 4.9% as compared to the same period last year and the previous month, respectively. For regional routes, passenger capacity decreased by 49.0% and 51.6% as compared to the same period last year and the previous month, respectively, and passenger traffic recorded a year-on-year decrease of 56.2% and a month-on-month decrease of 63.2%. The overall passenger load factor was 68.9%, representing a decrease of 5.8 percentage points as compared to the same period last year but an increase of 2.3 percentage points as compared to the previous month. Among which, the passenger load factor for domestic routes decreased by 6.3 percentage points as compared to the same period last year but increased by 2.8 percentage points as compared to the previous month. The passenger load factor for international routes decreased by 2.3 percentage points as compared to the same period last year and decreased by 17.2 percentage points as compared to the previous month. The passenger load factor for regional routes decreased by 6.1 percentage points year on year and decreased by 11.6 percentage points month on month.

In terms of cargo operations, cargo capacity (measured by available freight tonne kilometers (the "AFTK")) decreased by 3.5% year on year and increased by 26.4% month on month. Cargo and mail traffic (measured by revenue freight tonne kilometers (the "RFTK")) increased by 4.6% year on year and increased by 6.2% month on month. The volume of cargo and mail carried decreased by 10.0% as compared to the same period last year but increased by 1.9% as compared to the previous month. The cargo load factor was 38.9%, representing a year-on-year increase of 3.0 percentage points but a month-on-month decrease of 7.4 percentage points.

In October 2021, the Group introduced two A321NEO aircraft and two A320NEO aircraft. As at the end of October 2021, the Group operated a fleet of 738 aircraft, including 299 self-owned aircraft, 232 aircraft under finance lease and 207 aircraft under operating lease.

- 2 -

The new routes opened in October 2021 are as follows:

Route

Flight Frequency

Start Date

Beijing Daxing International

seven flights per week

31 October 2021

Airport (PKX) - Quzhou

Beijing Daxing International

seven flights per week

31 October 2021

Airport (PKX) - Shangrao

Beijing Capital International

four flights per week

31

October 2021

Airport (PEK) - Shangrao

Beijing Capital International

seven flights per week

31 October 2021

Airport (PEK) - Lvliang

Hohhot - Yinchuan (ARJ)

seven flights per week

31 October 2021

Hohhot - Ulanhot (ARJ)

seven flights per week

31 October 2021

Chengdu Tianfu International

seven flights per week

31 October 2021

Airport (TFU) - Nantong

Chengdu Tianfu International

seven flights per week

31 October 2021

Airport (TFU) - Quzhou

Chengdu Tianfu International

seven flights per week

31 October 2021

Airport (TFU) - Quanzhou

Chengdu Shuangliu International

three flights per week

31 October 2021

Airport (CTU) - Dongying - Harbin

Shanghai Pudong International

seven flights per week

31 October 2021

Airport (PVG) - Zhanjiang

Shanghai Pudong International

seven flights per week

31 October 2021

Airport (PVG) - Jiamusi

Dalian - Hefei - Nanning

seven flights per week

31 October 2021

- 3 -

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

Year-

Year-

Month-

on-Year

on-Year

on-Month

Cumulative

October

Change

Change

Cumulative

Change

2021

(%)1

(%)1

2021

(%)1

I. Capacity

1. ATK (in million)2

2,273.6

-11.7

16.1

20,971.4

11.6

Domestic

1,609.5

-17.4

13.0

15,025.8

25.4

International

649.1

7.6

27.9

5,659.0

-13.9

Regional

15.0

-37.4

-41.9

286.6

28.0

2. ASK (in million)3

14,128.4

-17.2

9.2

134,409.0

7.7

Domestic

13,656.8

-16.1

9.6

128,865.7

21.9

International

380.6

-37.4

34.0

3,529.9

-80.0

Regional

91.1

-49.0

-51.6

2,013.5

33.8

3. AFTK (in million)4

1,002.0

-3.5

26.4

8,867.1

17.5

Domestic

381.0

-21.2

25.6

3,437.2

38.3

International

614.8

12.1

27.6

5,341.4

7.2

Regional

6.2

-1.0

-16.6

88.5

11.9

II. Traffic

1. RTK (in million)5

1,256.3

-16.6

10.3

11,824.3

11.9

Domestic

964.3

-21.7

11.5

9,133.7

18.9

International

285.5

8.5

9.3

2,548.3

-8.5

Regional

6.4

-34.5

-49.1

142.3

49.1

2. RPK (in million)6

9,729.2

-23.6

13.0

93,507.0

6.3

Domestic

9,535.3

-23.0

14.2

90,782.0

19.6

International

160.4

-40.7

-4.9

1,620.1

-85.7

Regional

33.4

-56.2

-63.2

1,104.9

43.1

3. RFTK (in million)7

390.2

4.6

6.2

3,524.8

26.3

Domestic

115.7

-11.9

-1.3

1,087.6

12.1

International

271.3

13.3

10.1

2,404.6

33.6

Regional

3.2

41.7

-15.1

32.6

46.5

4. Number of Passengers

carried (in thousand)

6,488.0

-23.3

15.2

61,710.9

13.6

Domestic

6,443.7

-23.0

16.0

60,789.1

17.6

International

24.3

-43.2

-7.1

259.5

-88.0

Regional

20.1

-58.4

-60.7

662.3

33.4

- 4 -

Year-

Year-

Month-

on-Year

on-Year

on-Month

Cumulative

October

Change

Change

Cumulative

Change

2021

(%)1

(%)1

2021

(%)1

5. Total Cargo and Mail

carried (in tonnes)

104,945.1

-10.0

1.9

994,699.2

13.3

Domestic

71,621.0

-13.9

-0.2

670,802.3

9.4

International

31,530.7

-1.4

8.7

303,702.9

21.8

Regional

1,793.5

18.1

-16.9

20,194.0

30.2

III. Load Factor

1. Passenger Load Factor

(%)8

68.9

-5.8

2.3

69.6

-0.9

Domestic

69.8

-6.3

2.8

70.4

-1.4

International

42.2

-2.3

-17.2

45.9

-18.3

Regional

36.7

-6.1

-11.6

54.9

3.6

2. Cargo and Mail Load

Factor (%)9

38.9

3.0

-7.4

39.8

2.8

Domestic

30.4

3.2

-8.3

31.6

-7.4

International

44.1

0.5

-7.0

45.0

8.9

Regional

50.8

15.3

0.9

36.8

8.7

3. Overall Load Factor

(%)10

55.3

-3.2

-2.9

56.4

0.1

Domestic

59.9

-3.4

-0.8

60.8

-3.3

International

44.0

0.4

-7.5

45.0

2.7

Regional

43.0

1.9

-6.1

49.7

7.0

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

- 5 -

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

Disclaimer

Air China Limited published this content on 16 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 16 November 2021 01:55:02 UTC.


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