China Eastern Airlines : 20200916-INSIDE INFORMATION OVERSEAS REGULATORY ANNOUNCEMENT ANNOUNCEMENT ON OP...
09/16/2020 | 03:45am EST
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.
(A joint stock limited company incorporated in the People's Republic of China with limited liability)
(Stock code: 00670)
INSIDE INFORMATION
OVERSEAS REGULATORY ANNOUNCEMENT
ANNOUNCEMENT ON OPERATING DATA FOR AUGUST 2020
This overseas regulatory announcement is made pursuant to Rule 13.09 and Rule 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 under the Listing Rules) under Part XIVA of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong).
China Eastern Airlines Corporation Limited (the "Company") and all members of the board of directors confirm that the information contained in this announcement is true, accurate and complete, and no misrepresentations, misleading statements or material omissions are contained herein.
OPERATIONS
In August 2020, the Company's passenger transportation capacity (measured by available seat kilometres) decreased by 34.73% year-on-year, among which, the passenger transportation capacity of its domestic, international and regional routes decreased by 0.77%, 95.02% and 94.85% year-on-year, respectively; passenger traffic volume (measured by revenue passenger kilometres) decreased by 43.95% year-on-year, among which, the passenger traffic volume of its domestic, international and regional routes decreased by 15.15%, 96.98% and 97.97% year-on-year, respectively; and passenger load factor decreased by 12.06 percentage points year-on-year to 73.32%, among which, the passenger load factor of its domestic, international and regional routes decreased by 12.55, 32.97 and 45.06 percentage points year-on-year, respectively.
1
Impacted by the novel coronavirus (COVID-19) epidemic since the beginning of 2020, the demand and willingness of passengers to travel have been significantly reduced. The Company timely adjusted its operating strategies, such as suspending or adjusting the operation of certain flights, timely organised special charter flights, enhanced epidemic protection for passengers and employees, and strengthened the transportation of epidemic prevention materials. With the prevention and control of the novel coronavirus (COVID-19) epidemic in China being further stabilised and normalised, following the launch of "Wild Your Weekends" ( 周末隨心飛) and "Wild Mornings and Nights" ( 早晚隨心飛), the Company newly launched products such as "Exploring the Bay Area" ( 灣區隨心飛 ) and "Exploring the Western Region" ( 西域隨心飛 ), revitalised the resources of the Company's current transportation capacity, and facilitated the high-quality development of the Silk Road Economic Belt and the construction of the Guangdong-HongKong-Macao Greater Bay Area.
In relation to freight transportation, the freight transportation business of the Company only consists of freight transportation operated through passenger aircraft, and such business is under contractual operation by a subsidiary of the controlling shareholder of the Company. In August 2020, freight load volume decreased by 27.71% year-on-year.
In August 2020, the Company launched new domestic passenger transportation routes such as Wuhan - Yinchuan, and Dalian - Huangshan - Kunming.
2
II. FLEET STRUCTURE
As of the end of August 2020, the Company terminated the lease of two B737-800 aircraft, and operated a total of 720 aircraft, including 269 self-owned aircraft, 257 aircraft under finance lease and 194 aircraft under operating lease.
As at the end of August 2020, details of the fleet structure of the Company were as follows:
(Units)
Under
Under
finance
operating
No.
Model
Self-owned
lease
lease
Sub-total
Wide-body passenger aircraft
43
45
5
93
1
B777 series
10
10
0
20
2
B787 series
3
7
0
10
3
A350 series
1
6
0
7
4
A330 series
29
22
5
56
Narrow-body passenger aircraft
225
212
189
626
5
A320 series
136
126
68
330
6
B737 series
89
86
121
296
Regional aircraft
1
0
0
1
7
ARJ series
1
0
0
1
Total
269
257
194
720
Note: The 9 business aircraft self-owned by and held under trust of the Company were not included in the fleet.
3
III. MAJOR OPERATING DATA
Total
Total
amount
amount
completed
completed
Amount
Amount
from
from
completed
completed
January
January
in August
in August
Year-on-
to August
to August
Year-on-
2020
2019
year increase
in 2020
in 2019
year increase
Passenger Transportation Data
ASK (available seat-
kilometres) (millions)
15,502.46
23,751.86
-34.73%
90,655.91
179,266.64
-49.43%
- Domestic routes
15,075.12
15,191.75
-0.77%
75,072.49
114,180.63
-34.25%
- International routes
398.42
7,998.56
-95.02%
14,859.78
60,488.10
-75.43%
- Regional routes
28.91
561.55
-94.85%
723.65
4,597.92
-84.26%
RPK (revenue passenger-
kilometres) (millions)
11,367.06
20,280.24
-43.95%
62,355.17
148,758.34
-58.08%
- Domestic routes
11,155.46
13,148.03
-15.15%
52,034.18
95,665.87
-45.61%
- International routes
203.09
6,713.97
-96.98%
9,932.47
49,358.59
-79.88%
- Regional routes
8.51
418.24
-97.97%
388.51
3,733.88
-89.59%
Number of passengers carried
(thousands)
8,548.12
11,901.91
-28.18%
41,523.36
87,494.31
-52.54%
- Domestic routes
8,509.42
9,994.49
-14.86%
39,086.01
72,896.10
-46.38%
- International routes
30.92
1,600.71
-98.07%
2,137.85
11,852.76
-81.96%
- Regional routes
7.78
306.71
-97.46%
299.51
2,745.46
-89.09%
Passenger load factor (%)
73.32
85.38
-12.06pts
68.78
82.98
-14.20pts
- Domestic routes
74.00
86.55
-12.55pts
69.31
83.78
-14.47pts
- International routes
50.97
83.94
-32.97pts
66.84
81.60
-14.76pts
- Regional routes
29.41
74.48
-45.06pts
53.69
81.21
-27.52pts
Freight Transportation Data
AFTK (available freight tonne-
kilometres) (millions)
601.48
750.25
-19.83%
4,123.81
5,960.61
-30.82%
- Domestic routes
298.29
254.61
17.16%
1,353.94
2,114.36
-35.96%
- International routes
301.40
480.42
-37.26%
2,738.26
3,701.59
-26.02%
- Regional routes
1.79
15.22
-88.24%
31.61
144.66
-78.15%
4
Total
Total
amount
amount
completed
completed
Amount
Amount
from
from
completed
completed
January
January
in August
in August
Year-on-
to August
to August
Year-on-
2020
2019
year increase
in 2020
in 2019
year increase
RFTK (revenue freight tonne-
kilometres) (millions)
162.34
245.38
-33.84%
1,273.48
1,827.44
-30.31%
- Domestic routes
65.81
78.19
-15.83%
430.66
595.34
-27.66%
- International routes
95.86
164.47
-41.72%
835.89
1,211.47
-31.00%
- Regional routes
0.66
2.72
-75.74%
6.93
20.63
-66.42%
Weight of freight carried
(million kg)
58.00
80.22
-27.71%
406.44
607.96
-33.15%
- Domestic routes
46.67
54.65
-14.60%
301.83
420.44
-28.21%
- International routes
10.69
23.26
-54.04%
98.15
170.04
-42.28%
- Regional routes
0.64
2.31
-72.55%
6.46
17.47
-63.05%
Freight load factor (%)
26.99
32.71
-5.72pts
30.88
30.66
0.22pts
- Domestic routes
22.06
30.71
-8.65pts
31.81
28.16
3.65pts
- International routes
31.81
34.24
-2.43pts
30.53
32.73
-2.20pts
- Regional routes
36.87
17.87
19pts
21.92
14.26
7.65pts
Consolidated Data
ATK (available tonne-
kilometres) (millions)
1,996.70
2,887.92
-30.86%
12,282.85
22,094.61
-44.41%
- Domestic routes
1,655.05
1,621.87
2.05%
8,110.46
12,390.62
-34.54%
- International routes
337.26
1,200.29
-71.90%
4,075.64
9,145.52
-55.44%
- Regional routes
4.39
65.76
-93.32%
96.74
558.47
-82.68%
RTK (revenue tonne-
kilometres) (millions)
1,158.41
1,991.46
-41.83%
6,759.50
14,877.17
-54.56%
- Domestic routes
1,043.21
1,208.84
-13.70%
5,016.96
8,995.30
-44.23%
- International routes
113.79
743.61
-84.70%
1,701.62
5,533.64
-69.25%
- Regional routes
1.41
39.01
-96.39%
40.92
348.23
-88.25%
Overall load factor (%)
58.02
68.96
-10.94pts
55.03
67.33
-12.30pts
- Domestic routes
63.03
74.53
-11.5pts
61.86
72.60
-10.74pts
- International routes
33.74
61.95
-28.21pts
41.75
60.51
-18.76pts
- Regional routes
32.08
59.32
-27.24pts
42.30
62.35
-20.06pts
Note: Freight transportation data only contained data of bellyhold space in passenger aircraft and Passenger-to-Freighter Conversion. The table does not contain data of cargo services.
5
IV. RISK ALERT
The board of directors of the Company hereby reminds investors that the operating data set forth above was compiled in accordance with the Company's internal information which has not been audited and may be subject to adjustment. The operating data set forth above may differ from the data disclosed in any regular report for the relevant period. The Company reserves its rights to adjust the operating data based on audit findings and the actual situation. The monthly operating data disclosed by the Company only serves as preliminary and periodical data for investors' reference. Investors are hereby reminded of the investment risks which may result from inappropriate reliance upon or utilisation of the information above.
The strike and impact of the novel coronavirus (COVID-19) epidemic on the international and domestic businesses of the Company have great uncertainty in terms of their time span and severity. Investors are reminded of the risks thereof.
The data set forth above is published on the website of the Shanghai Stock Exchange (www.sse.com.cn), the website of The Stock Exchange of Hong Kong (www.hkex.com.hk) and the column "Investor Relations" under "About China Eastern Airlines - Get to know China Eastern Airlines" on the website of the Company (www.ceair.com).
By order of the Board
CHINA EASTERN AIRLINES CORPORATION LIMITED
Wang Jian
Company Secretary
Shanghai, the People's Republic of China
15 September 2020
As at the date of this announcement, the directors of the Company include Liu Shaoyong (Chairman), Li Yangmin (Vice Chairman, President), Tang Bing (Director), Wang Junjin (Director), Lin Wanli (Independent non-executive Director), Shao Ruiqing (Independent non-executive Director), Cai Hongping (Independent non-executive Director), Dong Xuebo (Independent non-executive Director) and Yuan Jun (Employee Representative Director).
China Eastern Airlines Corporation Ltd. published this content on 16 September 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 16 September 2020 07:44:07 UTC
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