TIDMAIRC

RNS Number : 6105K

Air China Ld

17 December 2018

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 OCTOBER 2018

The enclosed announcement (the "SSE Announcement") was published by Air China Limited (the "Air China") on the Shanghai Stock Exchange on 16 November 2018, which contains combined operating data for October 2018 for Air China and its subsidiaries (collectively, the "Group"). This announcement enclosing the SSE Announcement is made by Air China pursuant to Rule 13.10B of the Rules Governing the Listing of Securities on the Stock Exchange of Hong Kong Limited.

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

By Order of the Board

Air China Limited

   Zhou Feng            Tam Shuit Mui 

Joint Company Secretaries

Beijing, the PRC, 16 November 2018

As at the date of this announcement, the directors of the Company are Mr. Cai Jianjiang, Mr. Song Zhiyong, Mr. Xue Yasong, Mr. John Robert Slosar, Mr. Wang Xiaokang*, Mr. Liu Deheng*, 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 OCTOBER 2018

In October 2018, Air China Limited (the "Company"), and its subsidiaries (the "Group") maintained growth in combined passenger traffic (measured by revenue passenger kilometers (the "RPK")) as compared to the same period last year and last month. Passenger capacity (measured by available seat kilometers (the "ASK")) and passenger traffic recorded a year-on-year increase of 7.8%. For domestic routes, passenger capacity and passenger traffic increased by 6.9% and 7.9%, respectively, as compared to the same period last year. For international routes, passenger capacity and passenger traffic increased by 8.8% and 7.5%, respectively, as compared to the same period last year. Passenger capacity on regional routes increased by 11.8%, and passenger traffic on regional routes recorded an increase of 9.9%, as compared to the same period last year. The overall passenger load factor was 81.0%, levelling off as compared to the same period last year. The passenger load factor for domestic routes increased by 0.8 percentage point year-on-year. The passenger load factor for international routes and regional routes decreased by 0.9 and 1.4 percentage points respectively.

In terms of cargo operations, in October 2018, cargo and mail traffic (measured by revenue freight tonne kilometers (the "RFTK")) maintained growth as compared to the same period last year and last month. Freight tonnage carried recorded a slight increase on a year-on-year basis and approximately leveled off on a month-on-month basis. Cargo capacity (measured by available freight tonne kilometers (the "AFTK")) increased by 5.5% year-on-year. Cargo and mail traffic increased by 1.4% and the volume of cargo and mail carried increased by 0.9% as compared to the same period last year. The cargo load factor was 55.7% in October 2018, representing a year-on-year decrease of 2.2 percentage points.

In October 2018, the Group introduced six aircraft, including two B737MAX, one B737-800, one A350, and two A320 series aircraft. As at the end of October 2018, the Group operated a fleet of 679 aircraft, including 288 self-owned aircraft, 185 aircraft under finance lease and 206 aircraft under operating lease.

The following table sets forth key operating data for October 2018:

 
                                                                                                              Year-on- 
                                                 Year-on-              Month-on-                                  Year 
                            October                  Year                  Month     Cumulative             Cumulative 
                               2018                Change                 Change           2018                 Change 
                                                      (%)                    (%)                                   (%) 
I. Capacity 
                        -----------  --------------------  ---------------------  -------------  --------------------- 
1. ATK (in million)1        3,394.9                   6.9                    5.7       32,285.4                    9.8 
                        -----------  --------------------  ---------------------  -------------  --------------------- 
       Domestic             1,653.3                   6.9                    9.6       15,541.0                    7.9 
                        -----------  --------------------  ---------------------  -------------  --------------------- 
       International        1,633.1                   6.7                    1.8       15,732.8                   11.8 
                        -----------  --------------------  ---------------------  -------------  --------------------- 
       Regional               108.5                  10.4                    9.1        1,011.6                    7.5 
                        -----------  --------------------  ---------------------  -------------  --------------------- 
2. ASK (in million)2       23,619.7                   7.8                    4.5      227,692.4                   11.0 
                        -----------  --------------------  ---------------------  -------------  --------------------- 
       Domestic            13,920.0                   6.9                    6.6      133,072.2                    8.6 
                        -----------  --------------------  ---------------------  -------------  --------------------- 
       International        8,818.4                   8.8                    1.1       86,361.6                   15.1 
                        -----------  --------------------  ---------------------  -------------  --------------------- 
       Regional               881.3                  11.8                    7.6        8,258.6                    8.9 
                        -----------  --------------------  ---------------------  -------------  --------------------- 
3. AFTK (in million)3       1,263.6                   5.5                    7.7       11,738.8                    7.7 
                        -----------  --------------------  ---------------------  -------------  --------------------- 
       Domestic               400.7                   7.1                   20.3        3,564.1                    5.8 
                        -----------  --------------------  ---------------------  -------------  --------------------- 
       International          837.5                   4.7                    2.4        7,941.2                    8.8 
                        -----------  --------------------  ---------------------  -------------  --------------------- 
       Regional                25.4                   4.9                   14.1          233.6                    2.5 
                        -----------  --------------------  ---------------------  -------------  --------------------- 
II. Traffic 
                        -----------  --------------------  ---------------------  -------------  --------------------- 
1. RTK (in million)4        2,407.5                   5.9                    4.4       22,868.8                    9.2 
                        -----------  --------------------  ---------------------  -------------  --------------------- 
       Domestic             1,183.1                   6.8                    6.6       11,113.7                    7.4 
                        -----------  --------------------  ---------------------  -------------  --------------------- 
       International        1,150.4                   4.9                    2.1       11,046.3                   11.0 
                        -----------  --------------------  ---------------------  -------------  --------------------- 
       Regional                74.0                   9.0                    5.8          708.8                   11.8 
                        -----------  --------------------  ---------------------  -------------  --------------------- 
2. RPK (in million)5       19,129.2                   7.8                    5.5      184,212.7                   10.6 
                        -----------  --------------------  ---------------------  -------------  --------------------- 
       Domestic            11,742.0                   7.9                    9.5      110,439.3                    8.4 
                        -----------  --------------------  ---------------------  -------------  --------------------- 
       International        6,700.6                   7.5                   -1.0       67,135.1                   14.1 
                        -----------  --------------------  ---------------------  -------------  --------------------- 
       Regional               686.6                   9.9                    6.2        6,638.3                   13.1 
                        -----------  --------------------  ---------------------  -------------  --------------------- 
3. RFTK (in million)6         704.4                   1.4                    2.8        6,581.3                    6.5 
                        -----------  --------------------  ---------------------  -------------  --------------------- 
       Domestic               141.2                  -1.6                   -7.4        1,371.8                    1.8 
                        -----------  --------------------  ---------------------  -------------  --------------------- 
       International          553.2                   2.2                    5.8        5,116.1                    7.9 
                        -----------  --------------------  ---------------------  -------------  --------------------- 
       Regional                10.0                   0.6                    4.4           93.4                    1.0 
                        -----------  --------------------  ---------------------  -------------  --------------------- 
4. Number of 
 Passengers 
 carried (in thousand)      9,695.7                   7.9                    8.8       91,670.9                    8.7 
                        -----------  --------------------  ---------------------  -------------  --------------------- 
       Domestic             7,979.4                   7.4                    9.7       74,666.1                    7.5 
                        -----------  --------------------  ---------------------  -------------  --------------------- 
       International        1,287.5                  11.3                    4.3       12,774.5                   14.4 
                        -----------  --------------------  ---------------------  -------------  --------------------- 
       Regional               428.8                   8.0                    6.4        4,230.3                   13.1 
                        -----------  --------------------  ---------------------  -------------  --------------------- 
5. Total Cargo and 
 Mail 
 carried (in tonnes)      166,806.5                   0.9                   -0.3    1,569,807.8                    4.1 
                        -----------  --------------------  ---------------------  -------------  --------------------- 
       Domestic            89,848.2                  -2.4                   -7.9      865,077.3                    1.1 
                        -----------  --------------------  ---------------------  -------------  --------------------- 
       International       70,063.6                   5.7                   11.0      638,464.6                    8.8 
                        -----------  --------------------  ---------------------  -------------  --------------------- 
       Regional             6,894.8                  -0.4                    2.3       66,265.9                   -0.2 
                        -----------  --------------------  ---------------------  -------------  --------------------- 
 
 
                                                                                                              Year-on- 
                                                 Year-on-               Month-on-                                 Year 
                          October                    Year            Month Change    Cumulative             Cumulative 
                             2018                  Change                     (%)          2018                 Change 
                                                      (%)                                                          (%) 
III. Load Factor 
                        ---------  ----------------------  ----------------------  ------------  --------------------- 
1. Passenger Load 
 Factor 
 (%)7                        81.0                     0.0                     0.7          80.9                   -0.3 
                        ---------  ----------------------  ----------------------  ------------  --------------------- 
       Domestic              84.4                     0.8                     2.2          83.0                   -0.2 
                        ---------  ----------------------  ----------------------  ------------  --------------------- 
       International         76.0                    -0.9                    -1.6          77.7                   -0.6 
                        ---------  ----------------------  ----------------------  ------------  --------------------- 
       Regional              77.9                    -1.4                    -1.0          80.4                    3.0 
                        ---------  ----------------------  ----------------------  ------------  --------------------- 
2. Cargo and Mail Load 
 Factor (%)8                 55.7                    -2.2                    -2.6          56.1                   -0.7 
                        ---------  ----------------------  ----------------------  ------------  --------------------- 
       Domestic              35.2                    -3.1                   -10.5          38.5                   -1.5 
                        ---------  ----------------------  ----------------------  ------------  --------------------- 
       International         66.1                    -1.6                     2.1          64.4                   -0.5 
                        ---------  ----------------------  ----------------------  ------------  --------------------- 
       Regional              39.4                    -1.7                    -3.7          40.0                   -0.6 
                        ---------  ----------------------  ----------------------  ------------  --------------------- 
3. Overall Load Factor 
 (%)9                        70.9                    -0.7                    -0.9          70.8                   -0.3 
                        ---------  ----------------------  ----------------------  ------------  --------------------- 
       Domestic              71.6                    -0.1                    -2.0          71.5                   -0.4 
                        ---------  ----------------------  ----------------------  ------------  --------------------- 
       International         70.4                    -1.2                     0.3          70.2                   -0.5 
                        ---------  ----------------------  ----------------------  ------------  --------------------- 
       Regional              68.1                    -0.9                    -2.1          70.1                    2.7 
                        ---------  ----------------------  ----------------------  ------------  --------------------- 
 

Notes:

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 freight tonne 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.

Board of Directors of Air China Limited Beijing, the PRC, 16 November, 2018

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

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December 17, 2018 02:00 ET (07:00 GMT)

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