EX-99.1 2 d422058dex991.htm EX-99.1 EX-99.1

Exhibit 99.1

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.

 

LOGO

INSIDE INFORMATION

OVERSEAS REGULATORY ANNOUNCEMENT

ANNOUNCEMENT ON

OPERATING DATA FOR OCTOBER 2022

 

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.

 

I.

OPERATIONS

In October 2022, the Company’s passenger transportation capacity (measured by available seat-kilometres) decreased by 56.16% year-on-year, among which, the passenger transportation capacity of its international routes increased by 34.57% year-on-year, while the passenger transportation capacity of its domestic and regional routes decreased by 58% and 25.31% year- on-year, respectively; passenger traffic volume (measured by revenue passenger-kilometres) decreased by 55.42% year-on-year, among which, the passenger traffic volume of its international routes increased by 51.42% year-on-year, while the passenger traffic volume of its domestic and regional routes decreased by 57.21% and 23.35% year-on-year, respectively; and passenger load factor increased by 1.09 percentage points year-on-year to 65.82%, among which, the passenger load factor of its domestic, international and regional routes increased by 1.22 percentage points, 6.84 percentage points and 1.23 percentage points year-on-year, respectively.

 

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In relation to freight transportation, the freight transportation business of the Company includes passenger aircraft cargo business under conventional circumstances (mainly passenger aircraft bellyhold space business) and passenger aircraft cargo business under unconventional circumstances (mainly “Passenger-to-Cargo Conversion” business), and such business is under exclusive operation by China Cargo Airlines Co., Ltd. In October 2022, freight traffic volume (measured by revenue freight tonne-kilometres) decreased by 20.61% year-on-year.

In October 2022, the Company launched new routes, such as Hangzhou — Shenzhen, Dalian — Xuzhou — Zhuhai, Shanghai — Nanchang — Jieyang, Wenzhou — Rome, and Hangzhou — Tokyo.

 

II.

FLEET STRUCTURE

In October 2022, the Company introduced three A320 series aircraft, one A350 series aircraft, two ARJ series aircraft and retired one A320 series aircraft. As of the end of October 2022, the Company operated a total of 763 aircraft, including 267 self-owned aircraft, 274 aircraft under finance lease and 222 aircraft under operating lease.

Details of the fleet structure were as follows:

 

 

                               (Units)  

No.

    Model    Self-owned     

Under
finance

lease

     

Under
operating

lease

      Sub-total  
   Wide-body passenger aircraft      44        51        5        100  

1

    B777 series      10        10        0        20  

2

    B787 series      3        7        0        10  

3

    A350 series      1        13        0        14  

4

    A330 series      30        21        5        56  
   Narrow-body passenger aircraft      221        214        217        652  

5

    A320 series      119        142        104        365  

6

    B737 series      102        72        113        287  
   Regional aircraft      2        9        0        11  

7

    ARJ series      2        9        0        11  
   Total      267        274        222        763  

Note: The three business aircraft of the Company were not included in the above fleet structure.

 

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III.

MAJOR OPERATING DATA

 

    

Amount
completed in

October

     

Amount
completed in

October

     

Year-on-

year

    

Total
amount
completed in

October

     

Total
amount
completed in

October

     

Year-on-

year

  
   2022      2021      increase     2022      2021      increase  

Passenger Transportation Data

ASK (available-seat- kilometres) (millions)

      6,570.93        14,987.77        —56.16 %      82,896.14        139,237.71        —40.46 % 

— Domestic routes

      6,154.30        14,653.49        —58.00 %      79,997.44        135,329.67        —40.89 % 

— International routes

      375.19        278.80        34.57 %      2,598.97        3,312.75        —21.55 % 

— Regional routes

      41.44        55.48        —25.31 %      299.72        595.29        —49.65 % 

RPK (revenue passenger- kilometres) (millions)

      4,325.28        9,701.30        —55.42 %      52,763.52        96,209.61        —45.16 % 

— Domestic routes

      4,074.33        9,522.54        —57.21 %      51,191.26        94,403.74        —45.77 % 

— International routes

      230.73        152.38        51.42 %      1,408.53        1,475.05        —4.51 % 

— Regional routes

      20.22        26.38        —23.35 %      163.73        330.81        —50.51 % 

Number of passengers carried (thousands)

      3,036.47        7,133.69        —57.43 %      36,837.83        69,984.46        —47.36 % 

— Domestic routes

      2,987.26        7,094.55        —57.89 %      36,511.29        69,540.90        —47.50 % 

— International routes

      35.67        20.30        75.71 %      216.34        221.71        —2.42 % 

— Regional routes

      13.53        18.84        —28.18 %      110.20        221.85        —50.33 % 

Passenger load factor (%)

      65.82        64.73        1.09 pts      63.65        69.10        —5.45 pts 

— Domestic routes

      66.20        64.98        1.22 pts      63.99        69.76        —5.77 pts 

— International routes

      61.50        54.66        6.84 pts      54.20        44.53        9.67 pts 

— Regional routes

      48.78        47.55        1.23 pts      54.63        55.57        —0.94 pts 

Freight Transportation Data

AFTK (available freight tonne- kilometres) (millions)

      564.65        784.78        —28.05 %      5,407.81        7,579.16        —28.65 % 

— Domestic routes

      105.05        284.39        —63.06 %      1,162.23        2,686.69        —56.74 % 

— International routes

      454.83        495.63        —8.23 %      4,211.88        4,850.89        —13.17 % 

— Regional routes

      4.77        4.76        0.21 %      33.71        41.58        —18.93 % 

 

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Amount
completed in

October

     

Amount
completed in

October

     

Year-on-

year

    

Total
amount
completed in

October

     

Total
amount
completed in

October

     

Year-on-

year

  
     2022      2021      increase     2022      2021      increase  

RFTK (Revenue freight tonne- kilometres) (millions)

      235.84        297.07        —20.61 %      2,176.04        2,803.20        —22.37 % 

— Domestic routes

      42.39        76.20        —44.37 %      446.93        708.94        —36.96 % 

— International routes

      192.68        219.62        —12.27 %      1,721.36        2,085.43        —17.46 % 

— Regional routes

      0.77        1.24        —37.90 %      7.75        8.84        —12.33 % 

Weight of freight carried (million kg)

      59.47        83.35        —28.65 %      547.25        750.30        —27.06 % 

— Domestic routes

      29.66        53.24        —44.29 %      298.79        486.45        —38.58 % 

— International routes

      29.02        28.85        0.59 %      240.62        254.93        —5.61 % 

— Regional routes

      0.78        1.26        —38.10 %      7.84        8.92        —12.11 % 

Freight load factor (%)

      41.77        37.85        3.92 pts      40.24        36.99        3.25 pts 

— Domestic routes

      40.35        26.79        13.56 pts      38.45        26.39        12.06 pts 

— International routes

      42.36        44.31        —1.95 pts      40.87        42.99        —2.12 pts 

— Regional routes

      16.05        26.05        —10.00 pts      23.00        21.26        1.74 pts 

Consolidated Data

ATK (available tonne- kilometres) (millions)

      1,156.03        2,133.68        —45.82 %      12,868.47        20,110.55        —36.01 % 

— Domestic routes

      658.94        1,603.21        —58.90 %      8,362.00        14,866.36        —43.75 % 

— International routes

      488.59        520.72        —6.17 %      4,445.79        5,149.04        —13.66 % 

— Regional routes

      8.50        9.76        —12.91 %      60.68        95.15        —36.23 % 

RTK (revenue tonne- kilometres) (millions)

      621.17        1,161.21        —46.51 %      6,833.07        11,329.01        —39.69 % 

— Domestic routes

      405.69        924.50        —56.12 %      4,966.32        9,074.77        —45.27 % 

— International routes

      212.92        233.13        —8.67 %      1,844.56        2,216.34        —16.77 % 

— Regional routes

      2.56        3.59        —28.69 %      22.19        37.90        —41.45 % 

Overall load factor (%)

      53.73        54.42        —0.69 pts      53.10        56.33        —3.23 pts 

— Domestic routes

      61.57        57.67        3.90 pts      59.39        61.04        —1.65 pts 

— International routes

      43.58        44.77        —1.19 pts      41.49        43.04        —1.55 pts 

— Regional routes

      30.10        36.78        —6.68 pts      36.57        39.83        —3.26 pts 

Note: Freight transportation data only contained data of passenger aircraft bellyhold space and Passenger-to-Cargo Conversion. The table does not contain data of the fleet of cargo aircraft.

 

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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 COVID-19 pandemic still has a significant impact on the business of the Company, while the time span and severity of which has great uncertainty. 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” 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 November 2022

As at the date of this announcement, the directors of the Company include Li Yangmin (Vice Chairman, President), Tang Bing (Director), Lin Wanli (Director), Cai Hongping (Independent non-executive Director), Dong Xuebo (Independent non-executive Director), Sun Zheng (Independent non-executive Director), Lu Xiongwen (Independent non-executive Director) and Jiang Jiang (Employee Representative Director).

 

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