ANNOUNCEMENT ON KEY OPERATING DATA OF AUGUST 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 AUGUST 2019

In August 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 5.6% and 6.1% respectively. For domestic routes, passenger capacity and passenger traffic increased by 7.3% and 6.9% respectively, as compared to the same period last year. For international routes, passenger capacity and passenger traffic increased by 2.9% and 5.9% respectively, as compared to the same period last year. Passenger capacity on regional routes increased by 7.1%, and passenger traffic recorded a decrease of 4.5%, as compared to the same period last year. The overall passenger load factor was 84.6%, representing an increase of 0.4 percentage point as compared to the same period last year. The passenger load factor for domestic routes decreased by 0.4 percentage point and international routes increased by 2.4 percentage points as compared to the same period last year, and the passenger load factor for regional routes decreased by 9.4 percentage points year-on-year.

In terms of cargo operations, in August 2019, cargo capacity (measured by available freight tonne kilometers (the "AFTK")) increased by 1.7% year-on-year. Cargo and mail traffic (measured by revenue freight tonne kilometers (the "RFTK")) decreased by 6.2%, the volume of cargo and mail carried decreased by 2.5% as compared to the same period last year. The cargo and mail load factor was 46.1%, representing a year-on-year decrease of 3.9 percentage points.

The Company launched a Beijing - Nice route (three shifts per week) on 2 August 2019.

In August 2019, the Group introduced one A320 series aircraft, and retired one A320 series aircraft and one A319 aircraft. As at the end of August 2019, the Group operated a fleet of 678 aircraft, including 286 self-owned aircraft, 193 aircraft under finance lease and 199 aircraft under operating lease.