ANNOUNCEMENT ON KEY OPERATING DATA OF MAY 2019

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 MAY 2019

In May 2019, 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 to the same period last month. Passenger capacity (measured by available seat kilometers (the "ASK")) and passenger traffic recorded a year-on-year increase of 5.5% and 8.3% respectively. For domestic routes, passenger capacity increased by 2.3% and passenger traffic increased by 4.4%, as compared to the same period last year. For international routes, passenger capacity and passenger traffic increased by 9.1% and 13.6% respectively, as compared to the same period last year. Passenger capacity on regional routes increased by 20.3%, and passenger traffic recorded an increase of 20.5%, as compared to the same period last year. The overall passenger load factor was 80.1%, representing an increase of 2.1 percentage points as compared to the same period last year. The passenger load factor for domestic routes increased by 1.7 percentage points year-on-year, the passenger load factor for international routes increased by 3.2 percentage points and for regional routes increased by 0.2 percentage point year-on-year.

In terms of cargo operations, in May 2019, Cargo capacity (measured by available freight tonne kilometers (the "AFTK")) increased by 2.5% year-on-year. Cargo and mail  traffic  (measured  by  revenue freight tonne kilometers (the "RFTK")) decreased by 1.6%, the volume of cargo and mail  carried decreased by 1.5% as compared to the same period last  year.  The  cargo  load  factor  was  46.1%,  representing  a  year-on-year  decrease  of  1.9  percentage points.

In May 2019, the Group introduced two A350 and three A320 series aircraft, retired two A320 series aircraft. As at the end of May 2019, the Group operated a fleet of 675 aircraft, including 282 self- owned aircraft, 194 aircraft under finance lease and 199 aircraft under operating lease.