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Air China Limited announced its key operating data for November 2025. The Group recorded a 4.9% year-on-year increase in passenger capacity (ASK) and a 10.1% year-on-year increase in passenger traffic (RPK), with the passenger load factor reaching 83.3%, an increase of 4.0 percentage points. Cargo capacity (AFTK) increased by 1.4% year-on-year, cargo and mail traffic (RFTK) rose by 4.4% year-on-year, and the Group introduced seven new aircraft, operating a total fleet of 956 aircraft by the end of November 2025.
| Date | 16 Dec 2025 |
| Time | 12:26:54 |
| Category | Corporate updates |
| ID | 7958L |
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.
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AIR CHINA LIMITED
(a joint stock limited company incorporated in the People's Republic of China with limited liability)
(Stock Code: 00753)
The enclosed announcement (the "SSE Announcement") was published by Air China Limited ("Air China") on the Shanghai Stock Exchange on 15 December 2025, which contains combined operating data for November 2025 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
Company Secretary
Beijing, the PRC, 15 December 2025
As at the date of this announcement, the directors of the Company are Mr. Liu Tiexiang, Mr. Wang Mingyuan, Mr. Cui Xiaofeng, Mr. Patrick Healy, Mr. Xiao Peng, Mr. Xu Niansha*, Mr. He Yun*, Ms. Winnie Tam Wan-chi* and Mr. Gao Chunlei*.
*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 NOVEMBER 2025
In November 2025, 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 4.9%, and passenger traffic recorded a year-on-year increase of 10.1%. Among which, for domestic routes, passenger capacity increased by 3.9% year on year, and passenger traffic increased by 7.5% year on year. For international routes, passenger capacity increased by 8.1% year on year, and passenger traffic increased by 17.4% year on year. For regional routes, passenger capacity decreased by 3.5% year on year, and passenger traffic recorded an increase of 3.0% year on year. The passenger load factor was 83.3%, representing an increase of 4.0 percentage points as compared to the same period last year. Among which, the passenger load factor for domestic routes increased by 2.9 percentage points year on year, the passenger load factor for international routes increased by 6.4 percentage points year on year, and the passenger load factor for regional routes increased by 4.9 percentage points year on year.
In terms of cargo operations, cargo capacity (measured by available freight tonne kilometers (the "AFTK")) increased by 1.4% year on year. Cargo and mail traffic (measured by revenue freight tonne kilometers (the "RFTK")) increased by 4.4% year on year. The cargo load factor was 39.5%, representing a year-on-year increase of 1.1 percentage points.
In November 2025, the Group introduced five A320 series aircraft and two C919 aircraft. At the end of November 2025, the Group operated a fleet of 956 aircraft, including 419 self-owned aircraft, 243 aircraft under finance lease and 294 aircraft under operating lease.
The following table sets forth key operating data of November 2025:
|
|
āNovember 2025 |
Year-on-Year Change (%)1 | Month-on-Month Change (%)1 | Cumulative 2025 | Year-on-Year Cumulative Change (%)1 |
|
I. Capacity |
|
|
|
|
|
|
1. ATK (in million)2 |
3,799.4 |
3.8 |
-6.5 |
42,263.3 |
3.2 |
|
Domestic |
2,357.5 |
2.6 |
-8.3 |
26,568.2 |
-1.4 |
|
International |
1,341.2 |
6.9 |
-3.1 |
14,556.0 |
13.2 |
|
Regional |
100.6 |
-6.1 |
-5.7 |
1,139.2 |
-0.4 |
|
2. ASK (in million)3 |
29,627.9 |
4.9 |
-7.5 |
338,023.5 |
3.3 |
|
Domestic |
19,877.0 |
3.9 |
-9.4 |
230,314.8 |
-0.2 |
|
International |
8,915.5 |
8.1 |
-3.1 |
98,027.0 |
13.0 |
|
Regional |
835.4 |
-3.5 |
-6.7 |
9,681.8 |
1.8 |
|
3. AFTK (in million)4 |
1,128.7 |
1.4 |
-3.9 |
11,802.6 |
2.9 |
|
Domestic |
569.2 |
-1.3 |
-4.7 |
5,856.4 |
-5.2 |
|
International |
537.5 |
5.2 |
-3.2 |
5,720.6 |
13.4 |
|
Regional |
22.1 |
-13.5 |
-0.8 |
225.7 |
-8.2 |
|
II. Traffic |
|
|
|
|
|
|
1. RTK (in million)5 |
2,647.6 |
8.9 |
-8.0 |
28,954.7 |
6.0 |
|
Domestic |
1,643.8 |
6.5 |
-11.0 |
18,459.1 |
2.3 |
|
International |
937.9 |
14.0 |
-2.6 |
9,765.6 |
13.9 |
|
Regional |
66.0 |
2.6 |
-4.6 |
730.0 |
4.1 |
|
2. RPK (in million)6 |
24,682.2 |
10.1 |
-9.7 |
276,589.0 |
5.6 |
|
Domestic |
16,809.2 |
7.5 |
-12.2 |
192,715.2 |
2.2 |
|
International |
7,228.7 |
17.4 |
-3.5 |
76,650.5 |
15.6 |
|
Regional |
644.2 |
3.0 |
-5.4 |
7,223.3 |
4.7 |
|
3. RFTK (in million)7 |
445.6 |
4.4 |
-2.3 |
4,604.3 |
6.9 |
|
Domestic |
148.3 |
-0.6 |
-4.1 |
1,538.3 |
2.1 |
|
International |
291.3 |
7.2 |
-1.5 |
3,007.0 |
9.8 |
|
Regional |
6.0 |
3.1 |
3.7 |
59.0 |
-4.0 |
|
|
āNovember 2025 |
Year-on-Year Change (%)1 | Month-on-Month Change (%)1 | Cumulative 2025 | Year-on-Year Cumulative Change (%)1 |
|
4. Number of Passengers carried (in thousand) |
13,071.7 |
7.4 |
-10.7 |
147,815.1 |
3.1 |
|
Domestic |
11,020.9 |
5.9 |
-12.1 |
125,905.9 |
1.4 |
|
International |
1,637.4 |
19.7 |
-1.3 |
17,274.3 |
16.6 |
|
Regional |
413.4 |
4.2 |
-4.3 |
4,634.9 |
7.0 |
|
5. Total Cargo and Mail carried (in tonnes) |
138,305.9 |
2.6 |
-2.5 |
1,402,460.8 |
4.5 |
|
Domestic |
90,824.6 |
-0.3 |
-4.5 |
923,575.5 |
3.0 |
|
International |
43,545.0 |
9.1 |
1.3 |
440,037.3 |
8.3 |
|
Regional |
3,936.3 |
4.9 |
4.8 |
38,848.0 |
0.3 |
|
III. Load Factor |
|
|
|
|
|
|
1. Passenger Load Factor (%)8 |
83.3 |
4.0 |
-2.0 |
81.8 |
1.8 |
|
Domestic |
84.6 |
2.9 |
-2.7 |
83.7 |
2.0 |
|
International |
81.1 |
6.4 |
-0.3 |
78.2 |
1.8 |
|
Regional |
77.1 |
4.9 |
1.0 |
74.6 |
2.1 |
|
2. Cargo and Mail Load Factor (%)9 |
39.5 |
1.1 |
0.6 |
39.0 |
1.5 |
|
Domestic |
26.1 |
0.2 |
0.2 |
26.3 |
1.9 |
|
International |
54.2 |
1.0 |
0.9 |
52.6 |
-1.7 |
|
Regional |
27.1 |
4.4 |
1.2 |
26.2 |
1.1 |
|
3. Overall Load Factor (%)10 |
69.7 |
3.3 |
-1.2 |
68.5 |
1.8 |
|
Domestic |
69.7 |
2.6 |
-2.1 |
69.5 |
2.5 |
|
International |
69.9 |
4.4 |
0.4 |
67.1 |
0.4 |
|
Regional |
65.6 |
5.6 |
0.8 |
64.1 |
2.8 |
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 December 2025