Service and Sale Hotline:95583/4008-100-999  China |
Login | Sign Up
Home > Investor Relations
Management Discussion of May 2011 Operating Data

Passenger traffic continued to display steady year-over-year growth across the board in May 2011. As for month-over-month performance, while international traffic increased, domestic and regional traffic decreased slightly. In cargo, international and regional Revenue Freighter Tonne Kilometres (RFTK) and freighter tonnage carried showed various levels of year-over-year and month-over-month declines. Domestic cargo routes were the exception to this trend.

Passenger traffic for May achieved a year-over-year growth exceeding the rise in capacity. Passenger capacity, measured in Available Seat Kilometres (ASK), was up 5.1% year-over-year while passenger traffic, measured by Revenue Passenger Kilometres (RPK), rose by 9.9%. Capacity on domestic routes increased by 3.4%, while RPK climbed 10.2% year-over-year. Capacity on international routes rose by 7.8%, with RPK internationally increasing by 9.2%. Capacity on regional routes expanded 6.8%, with RPK regionally growing by 14.5%. The passenger load factor was 81.8%, up 3.6 percentage points year-over-year. The passenger load factor for international, domestic and regional routes increased by 1.0, 5.0 and 5.3 percentage points respectively year-over-year.

Cargo capacity, measured in Available Freighter Tonne Kilometres (AFTK), rose 1.6% year-over-year in May. Revenue Freighter Tonne Kilometres (RFTK) declined by 0.7%, and freighter tonnage carried increased by 1.3%, compared with May 2010. The cargo load factor was 60.4%, an increase of 1.4 percentage points year-over-year.

Starting from 11 May, the company launched a new international flight between Beijing-Munich-Athens two times a week.

During the month, Air China purchased a total of 273,000 tonnes of jet fuel at an average price of RMB7,478 per tonne, a year-over-year surge of 31%. The average jet fuel purchase price at international airports was RMB7,223 per tonne, and the average purchase price of jet fuel for international flights at the top six Chinese airports was RMB7,752 per tonne, representing steep 37% and 36% year-over-year increases, respectively. The average jet fuel purchase price for domestic flights was RMB7,467 per tonne, a rise of 27% compared with May last year.

Starting from 25 May, domestic jet fuel price had a further increase of RMB 800 per tonne.


 

In May, the company made the following adjustments to jet fuel surcharges:
 

 

Effective Date
(Based on
Ticket Issue Date)

Route

Previous Rate

(Per Head Per

Sector)

New Rate

(Per Head Per

Sector)

1 May

Korea to Mainland China (Except Shandong)

USD 42

USD 62

Korea to Shandong

USD 22

USD 32

Mainland China to Macau

USD 35

USD 40

5 May

Mainland China to Hong Kong

  RMB164

  RMB187

Hong Kong to Mainland China

  HKD194

  HKD222

Mainland China to

Thailand/ Singapore/ Malaysia

RMB400

RMB450

Indonesia

RMB350

Vietnam/ Philippines

RMB 310

RMB 400

Myanmar

RMB 350

Mongolia

RMB 250

RMB 300

UAE

RMB 400

RMB 450

Australia

RMB 600

RMB 700

New Zealand

RMB 300

RMB 600

Canada

RMB 800

RMB 900

Brazil

RMB 1600

RMB 1700

Europe(Excluding Russia/ Turkey)

RMB 1000

RMB 1050

Turkey

RMB 640

RMB700

20 May

Mainland China to Korea

RMB 260

RMB 360

23 May

UK to Mainland China

GBP 75

GBP 98

26 May

Domestic routes shorter than 800 km (incl.)

RMB 60

RMB 80

Domestic routes longer than 800 km

RMB 110

RMB 140

* Please note that Shenzhen Airlines and Air Macau are excluded from the above figures

 

During the month, the company added one A321 aircraft and one business jet, while retiring one A320 and one TU-204 aircraft. As of end-May, Air China operated a fleet of 290 aircraft.

 
京ICP证 030872号-1 Copyright 2012 Air China, All Rights Reserved