Source - RNS
RNS Number : 7999J
Air China Ld
14 September 2016
 

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.

 

 

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 AUGUST 2016

 

The enclosed announcement (the "SSE Announcement") was published by Air China Limited ("Air China") on the Shanghai Stock Exchange on 13 September 2016, which contains combined operating data for August 2016 for Air China and its subsidiaries (collectively, the "Group").

 

The information contained in the SSE Announcement may be price sensitive. This announcement enclosing the SSE Announcement is being issued pursuant to Part XIVA of the Securities and Futures Ordinance. The data in the SSE Announcement was calculated based on the internal statistics of the Group, which may differ from the data disclosed in the relative periodic reports.

 

This announcement is issued by Air China pursuant to Part XIVA of the Securities and Futures Ordinance.

 

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 advised to exercise caution in dealing in shares of Air China.

 

By Order of the Board

Air China Limited

Rao Xinyu    Tam Shuit Mui

Joint Company Secretaries

 

Beijing, the PRC, 13 September 2016

 

As at the date of this announcement, the directors of the Company are Mr. Cai Jianjiang, Mr. Song Zhiyong, Mr. Cao Jianxiong, Mr. Feng Gang, Mr. John Robert Slosar, Mr. Ian Sai Cheung Shiu, Mr. Pan Xiaojiang*, Mr. Simon To Chi Keung*, Mr. Stanley Hui Hon-chung* and Mr. Li Dajin*.

 

* 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 AUGUST 2016

 

In August 2016, Air China Limited (the "Company"), and its subsidiaries (the "Group") recorded an increase in combined passenger traffic (measured by revenue passenger kilometers ("RPK")) as compared to the same period last year and to last month, respectively. Compared to the same period last year, passenger capacity (measured by available seat kilometers ("ASK")) increased by 7.0%, while passenger traffic, increased by 7.4%. For domestic routes, passenger capacity and passenger traffic increased by 1.4% and 3.1%, respectively, as compared to the same period last year. For international routes, passenger capacity and passenger traffic increased by 19.2% and 16.8%, respectively, as compared to the same period last year. For regional routes, passenger capacity and passenger traffic decreased by 8.6% and 8.1%, respectively, as compared to the same period last year. The overall passenger load factor was 84.6%, an increase of 0.3 percentage point compared to the same period last year. The passenger load factor for domestic and regional grew by 1.4 percentage points and 0.4 percentage point respectively while the passenger load factor of international routes saw a decrease of 1.7 percentage points.

 

The Company launched a Beijing-Shiyan route (four times a week) on 7 August 2016, a Xining- Chengdu-Tokyo route (four times a week) on 12 August 2016, and a Chongqing-Korla route (four times a week) on 29 August   2016.

 

In terms of cargo operations, in August 2016, both Revenue Freight Tonne Kilometres ("RFTK")) and freight tonnage carried recorded an increase on a year-on-year basis and a monthly basis. Cargo capacity (measured by available freight tonne kilometers ("AFTK")) rose by 5.7% year-on-year. Cargo and mail traffic increased by 8.8% and volume of cargo and mail uplifted grew by 6.5% as compared to the same period last year. The cargo load factor was 54.7% in August 2016, representing a year-on-year increase of 1.5 percentage points.

 

In August 2016, the Group added one B787-9, one A320, and retired one B777-200 and one B737- 800. As at the end of August 2016, the Group operated a fleet of 607 aircraft.


The following table sets forth key operating data for August 2016:

 


 

August

2016

Change vs August 2015

(%)

Change vs July 2016

(%)

Cumulative

August

2016

 

Cumulative change (%)

I.     Capacity






1.     ATKs (in millions)1

2964.2

6.5

3.0

22363.3

8.6

             Domestic

1365.9

3.0

1.9

10626.6

4.5

             International

1505.2

11.4

4.1

10946.7

14.0

             Regional

93.1

-11.1

0.5

790.0

-3.7

2.     ASKs (in millions)2

20825.7

7.0

1.9

154651.3

9.4

             Domestic

12124.9

1.4

0.6

92508.8

4.2

             International

7934.4

19.2

4.2

55754.9

21.1

             Regional

766.5

-8.6

-0.5

6387.6

-1.6

3.     AFTKs (in millions)3

1086.4

5.7

4.8

8411.4

7.2

             Domestic

276.8

10.2

7.2

2310.6

5.6

             International

788.7

5.1

4.1

5911.4

8.5

             Regional

20.8

-19.6

4.1

189.4

-10.6

II.     Traffic






1.     RTKs (in millions)4

2131.8

7.8

2.7

15578.3

8.3

             Domestic

1031.4

3.8

3.0

7776.5

5.0

             International

1036.9

13.2

2.5

7289.1

12.5

             Regional

63.6

-8.1

0.3

512.7

3.2

2.     RPKs (in millions)5

17624.6

7.4

4.0

125077.7

9.7

             Domestic

10334.2

3.1

3.2

76453.9

4.8

             International

6686.4

16.8

5.6

43828.2

20.1

             Regional

604.0

-8.1

0.9

4795.6

4.4

3.     RFTKs (in millions)6

594.1

8.8

0.0

4512.8

5.1

             Domestic

133.6

7.9

4.9

1029.3

6.0

             International

452.5

9.5

-1.3

3412.9

5.1

             Regional

8.1

-10.8

-3.1

70.6

-5.8

4.     Number of Passengers

             carried (in thousands)

 

8845.7

 

5.2

 

3.6

 

64244.1

 

6.9

             Domestic

7111.8

2.8

3.7

52162.5

4.4

             International

1343.7

25.8

3.9

9005.7

25.4

             Regional

390.3

-7.9

0.8

3075.9

4.7

5.     Total Cargo tonnes carried

144997.1

6.5

1.7

1122230.0

4.6

             Domestic

84765.3

6.1

4.6

658665.4

4.7

             International

54374.6

8.5

-2.2

414759.2

5.4

             Regional

5857.1

-4.0

-0.4

48805.4

-2.2


 


 

August

2016

Change vs August 2015

(%)

Change vs July 2016

(%)

Cumulative

August

2016

 

Cumulative change (%)

III.     Load Factor






1.     Passenger Load Factor (%)7

84.6

0.3

1.7

80.9

0.2

             Domestic

85.2

1.4

2.2

82.6

0.5

             International

84.3

-1.7

1.1

78.6

-0.7

             Regional

78.8

0.4

1.1

75.1

4.3

2.     Cargo Load Factor (%)8

54.7

1.5

-2.6

53.7

-1.1

             Domestic

48.3

-1.0

-1.1

44.5

0.2

             International

57.4

2.3

-3.1

57.7

-1.9

             Regional

38.7

3.8

-2.9

37.3

1.9

3.     Overall Load Factor (%)9

71.9

0.8

-0.2

69.7

-0.2

             Domestic

75.5

0.6

0.8

73.2

0.4

             International

68.9

1.1

-1.1

66.6

-0.9

             Regional

68.3

2.2

-0.2

64.9

4.3

 

Note:

 

1.     "ATK(s)" refers to the number of tonnes of capacity available for transportation multiplied by the kilometers flown

 

2.     "ASK(s)" refers to the number of seats available for sale multiplied by the kilometers flown

 

3.     "AFTK(s)" refers to the number of tonnes of capacity available for the carriage of cargo and mail multiplied by the kilometers flown

 

4.     "RTK(s)" refers to the revenue load (passenger and cargo) in tonnes multiplied by the kilometers flown

 

5.     "RPK(s)" refers to the number of revenue passengers carried multiplied by the kilometers flown

 

6.     "RFTK(s)" refers to the revenue cargo and mail load in tonnes multiplied by the kilometers flown

 

7.     "Passenger Load Factor" refers to revenue passenger kilometers expressed as a percentage of available seat kilometers

 

8.     "Cargo and Mail Load Factor" refers to revenue freight tonne kilometers expressed as a percentage of available seat kilometers

 

9.     "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 results from inappropriate reliance upon or utilization of the information given above.

 

By Order of the Board

Rao Xinyu

Board Secretary

 

Beijing, the PRC, 13 September 2016


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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