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Highlights of the balance sheet
Post (difference of 100 million from January to September)
RMB) January-September 2017%
2018
Operating profit 1028.80 917.82 12.09
Total cost of ownership 966.33 808.59 19.51
Shareholders 69.37 82.79 -16.20
attributable
net profit
Earnings per share 0.51 0.62 to 17.74
(RMB)
Air China Limited ("Air China" or the "Company") together
with its subsidiaries the "group") (stock symbol: HKEX:
753) (LSE: AIRC) (SSE: 601111) (ADR OTC: AIRYY) announced today its
Financial results for the first three quarters of 2018[1] (the
"Period").
Business and highlights
In the first three quarters of 2018, China remained
Stable economic growth with continuous improvement.
Particularly favored by the strong demand for a summer vacation
Domestic pbadenger traffic has increased steadily and the number of flights has increased
abroad remained high. Despite rising oil prices and
reduces the devaluation of the renminbi against the US dollar
Net profit, the company has retained its lead in the industry
based on total sales and traffic revenues. During this
Over the period, the group recorded an operating result of more than 102,880
Billions of RMB, which means an increase of 12.09%. the
The total cost of ownership is RMB 96.633 billion
So an increase of 19.51%. The allocation to shareholders
Net profit decreased 16.20% to 6.937 billion RMB from 8.279
Billions of RMB from 2017.
During this period, the pbadenger capacity measured in
Kilometers in Seats (ASK) of 11.32% to 204.073 billion. the
Capacity for national, international and regional routes
increased by 8.75%, 15.80% and 8.55% over the previous year. the
Total pbadenger traffic increased in pbadenger-kilometers (RPK)
10.88% to 165.084 billion compared to 2017. Increase in traffic
national, international and regional routes have increased by 8.41%,
14.91% and 13.43% respectively compared to the previous year. The seat load factor has taken
slightly down 0.32 percentage points to 80.89%.
During the period considered, the available tonne-kilometers have increased
(AFTK) down 8.07% year on year to 10.483 billion while
the actual tonne-kilometers actually converted (RFTK) by 7.11%
increase to 5.877 billion compared to the previous year. the
The use of air cargo and airmail capacity was 56.06%
0.51 percentage points less than the year before.
perspective
The aviation industry continues to see a lot of
Challenges exposed by the climb
Exchange rate evolution in the face of rising oil prices
flight resources. Nevertheless, the general state of
Demand and offer. In this complicated and constantly
The group will continue to change its operating environment
Adhering to philosophy, stability in operational activities also
true and at the same time define new impulses. He will become
Increase in efficiency and innovation
Business models strive to meet the individual needs of travelers
fulfill and his complete skills and his
Strengthen competitiveness for sustainable development
to reach.
[1] All data was according to China
The accounting rules for companies are and are
unverified.
About Air China
Air China Limited (Air China) is the national airline
China and a major supplier of pbadengers, air cargo and
services and products related to airlines in China. the
operational headquarters is located in Beijing, an important center
national and international hub in China. More
the company offers services related to airlines,
including aircraft maintenance services and ground handling services in Beijing,
Chengdu and other places. As of June 30, 2018, the decree
Group on a fleet of 662 aircraft with a
Average age of 6.74 years, while the company has
Fleet of 397 aircraft with an average age of 6.76
Years of operation. Pbadenger traffic routes have increased to reach
434 routes, including 308 domestic, 109 international and 17
regional routes. The company's network of lines was 42
Countries and regions as well as 189 cities around the world, including 69
four regional cities and 116 domestic cities. By the
Affiliation to the Star Alliance, the network was 1,317
Extended destinations in 193 countries. Air China is trading since
December 15, 2004 on the Hong Kong Stock Exchange and London
Code Exchange 00753 and AIRC. June 30, 2006
has become Air China's sponsored level 1 ADR program
placed under the symbol AIRYY. Since August 18, 2006
Air China is listed on the Shanghai Stock Exchange
601111. For more information, visit the Air website
China: www.airchina.com.cn.
Safe Harbor Declaration
This press release contains projections and forward-looking statements.
Statements regarding the current views of society
reflect future events and financial results. this
Opinions are based on current badumptions, different risks
subject to change and over time. He can not
To ensure that future events will occur,
forecasts are reached or that the badumptions of the
The society is correct. Actual results can
differ considerably from the forecast.
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OTS: Air China
press room: http://www.presseportal.de/nr/65657
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Press contact:
Joyce Zhang
Air China Limited
Tel: (8610) 6146-2560
E-mail: [email protected]
Cao Yu
Air China Limited
Tel: (8610) 6146-2788
Email: [email protected]
Zoe Mak
Beautiful Sky Financial Group
Tel .: (852) 3641-1318
Email: [email protected]
Nicole Di
Beautiful Sky Financial Group
Tel: (852) 3970-2282
E-mail: [email protected]
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