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Air China Limited and its subsidiaries announced key operating data for December 2024, with passenger capacity (ASK) up 10.7% and passenger traffic (RPK) up 14.1% year-on-year, achieving a 77.7% passenger load factor. Cargo capacity (AFTK) increased by 19.1% and cargo traffic (RFTK) by 17.6% year-on-year. During December 2024, the Group added two new international routes, introduced four aircraft and retired one, operating a total fleet of 930 aircraft by the end of the month.
| Date | 16 Jan 2025 |
| Time | 07:00:01 |
| Category | Miscellaneous |
| ID | 5762T |
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 DECEMBER 2024
The enclosed announcement (the "SSE Announcement") was published by Air China Limited (the "Air China") on the Shanghai Stock Exchange on 15 January 2025, which contains combined operating data for December 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 January 2025
As at the date of this announcement, the directors of the Company are Mr. Ma Chongxian, Mr. Wang Mingyuan, Mr. Cui Xiaofeng, Mr. Patrick Healy, Mr. Xiao Peng, Mr. He Yun*, Mr. Xu Junxin* and Ms. Winnie Tam Wan-chi*.
* Independent non-executive director of the Company
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:
ANNOUNCEMENT ON KEY OPERATING DATA OF DECEMBER 2024
In December 2024, Air China Limited (the "Company") and its subsidiaries (the "Group") recorded a year-on-year 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 10.7%, passenger traffic recorded a year-on-year increase of 14.1%. Among which, for domestic routes, passenger capacity increased by 2.7% year on year, and passenger traffic increased by 5.0% year on year. For international routes, passenger capacity increased by 33.0% year on year, and passenger traffic increased by 41.9% year on year. For regional routes, passenger capacity increased by 11.5% year on year, and passenger traffic recorded an increase of 16.3% year on year. The passenger load factor was 77.7%, representing an increase of 2.3 percentage points as compared to the same period last year. Among which, the passenger load factor for domestic routes increased by 1.8 percentage points year on year, the passenger load factor for international routes increased by
4.6 percentage points year on year, and the passenger load factor for regional routes increased by 3.0 percentage points year on year.
In terms of cargo operations, cargo capacity (measured by available freight tonne kilometers (the "AFTK")) increased by 19.1% year on year. Cargo and mail traffic (measured by revenue freight tonne kilometers (the "RFTK")) increased by 17.6% year on year. The cargo load factor was 36.5%, representing a year-on-year decrease of 0.5 percentage point.
Starting from 13 December 2024, the Company added Urumqi - Tbilisi route (three flights per week). Starting from 28 December 2024, the Company added Beijing Capital - Xi'an - Minsk route (one flight per week).
In December 2024, the Group introduced one ARJ21-700 aircraft, one C919 aircraft and two 737 series aircraft and retired one A330 series aircraft. As at the end of December 2024, the Group operated a fleet of 930 aircraft, including 406 self-owned aircraft, 228 aircraft under finance lease and 296 aircraft under operating lease.
The following table sets forth key operating data of December 2024:
|
|
December 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 |
3,776.7 |
13.2 |
3.1 |
44,727.3 |
22.0 |
|
Domestic |
2,313.4 |
3.5 |
0.5 |
29,263.4 |
2.7 |
|
International |
1,351.1 |
34.8 |
7.7 |
14,208.5 |
96.1 |
|
Regional |
112.2 |
11.8 |
4.8 |
1,255.4 |
38.1 |
|
2. ASK (in million)3 |
28,991.1 |
10.7 |
2.6 |
356,112.8 |
19.2 |
|
Domestic |
19,185.1 |
2.7 |
0.2 |
250,071.8 |
2.7 |
|
International |
8,894.2 |
33.0 |
7.8 |
95,615.5 |
100.4 |
|
Regional |
911.8 |
11.5 |
5.4 |
10,425.4 |
39.0 |
|
3. AFTK (in million)4 |
1,162.2 |
19.1 |
4.3 |
12,630.1 |
29.6 |
|
Domestic |
586.9 |
6.2 |
1.7 |
6,765.3 |
2.5 |
|
International |
549.2 |
37.2 |
7.5 |
5,593.1 |
89.9 |
|
Regional |
26.1 |
13.0 |
2.2 |
271.7 |
37.6 |
|
II. Traffic |
|
|
|
|
|
|
1. RTK (in million)5 |
2,427.1 |
14.7 |
-0.2 |
29,740.4 |
33.2 |
|
Domestic |
1,514.5 |
6.3 |
-2.0 |
19,557.1 |
12.9 |
|
International |
846.6 |
33.8 |
3.0 |
9,416.3 |
110.0 |
|
Regional |
66.0 |
15.7 |
2.7 |
767.0 |
48.5 |
|
2. RPK (in million)6 |
22,526.9 |
14.1 |
0.5 |
284,332.4 |
29.9 |
|
Domestic |
15,257.2 |
5.0 |
-2.5 |
203,884.0 |
12.4 |
|
International |
6,620.5 |
41.9 |
7.6 |
72,898.2 |
125.5 |
|
Regional |
649.2 |
16.3 |
3.9 |
7,550.1 |
48.6 |
|
3. RFTK (in million)7 |
424.3 |
17.6 |
-0.6 |
4,730.7 |
55.2 |
|
Domestic |
157.3 |
16.8 |
5.3 |
1,663.9 |
21.6 |
|
International |
261.4 |
18.2 |
-3.8 |
2,999.9 |
82.9 |
|
Regional |
5.5 |
10.2 |
-4.7 |
67.0 |
65.2 |
|
|
December 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) |
11,967.2 |
11.0 |
-1.7 |
155,311.4 |
20.9 |
|
Domestic |
10,063.2 |
6.7 |
-3.3 |
134,256.8 |
13.2 |
|
International |
1,494.2 |
49.3 |
9.4 |
16,313.0 |
141.9 |
|
Regional |
409.8 |
18.4 |
3.3 |
4,741.6 |
49.1 |
|
5. Total Cargo and Mail carried (in tonnes) |
137,853.0 |
17.9 |
2.2 |
1,479,585.2 |
35.9 |
|
Domestic |
95,568.3 |
17.2 |
4.8 |
992,552.8 |
20.3 |
|
International |
38,636.5 |
20.0 |
-3.2 |
444,649.8 |
87.3 |
|
Regional |
3,648.1 |
13.5 |
-2.7 |
42,382.6 |
57.5 |
|
III. Load Factor |
|
|
|
|
|
|
1. Passenger Load Factor (%)8 |
77.7 |
2.3 |
-1.6 |
79.8 |
6.6 |
|
Domestic |
79.5 |
1.8 |
-2.2 |
81.5 |
7.0 |
|
International |
74.4 |
4.6 |
-0.2 |
76.2 |
8.5 |
|
Regional |
71.2 |
3.0 |
-1.1 |
72.4 |
4.7 |
|
2. Cargo and Mail Load Factor (%)9 |
36.5 |
-0.5 |
-1.8 |
37.5 |
6.2 |
|
Domestic |
26.8 |
2.4 |
0.9 |
24.6 |
3.9 |
|
International |
47.6 |
-7.7 |
-5.6 |
53.6 |
-2.0 |
|
Regional |
21.1 |
-0.5 |
-1.5 |
24.6 |
4.1 |
|
3. Overall Load Factor (%)10 |
64.3 |
0.9 |
-2.1 |
66.5 |
5.6 |
|
Domestic |
65.5 |
1.7 |
-1.7 |
66.8 |
6.0 |
|
International |
62.7 |
-0.5 |
-2.9 |
66.3 |
4.4 |
|
Regional |
58.8 |
2.0 |
-1.2 |
61.1 |
4.3 |
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 January 2025