CEA [CHINA EASTERN AIRLINES] 6-K: China Eastern Airlines Corporation Limited Date By Wang

Ticker: CEA, Company: CHINA EASTERN AIRLINES CORP LTD, Type: 6-K, Date: 2019-11-18
Original SEC Filing: Click here


Webplus: CEA/20191118/6-K/1/000.htm SEC Original: d824193d6k.htm
China Eastern Airlines Corporation Limited Date By Wang Jian Company Secretary 2



6-K 1 d824193d6k.htm FORM 6-K


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

China Eastern Airlines Corporation Limited

(Registrant)

DateNovember 18, 2019 By

/s/ Wang Jian

Name: Wang Jian
Title: Company Secretary

2


Certain statements contained in this announcement may be regarded as “forward-looking statements” within the meaning of the U.S. Securities Exchange Act of 1934, as amended. Such forward-looking statements involve known and unknown risks, uncertainties and other factors, which may cause the actual performance, financial condition or results of operations of the Company to be materially different from any future performance, financial condition or results of operations implied by such forward-looking statements. Further information regarding these risks, uncertainties and other factors is included in the Company’s filings with the U.S. Securities and Exchange Commission. The forward-looking statements included in this announcement represent the Company’s views as of the date of this announcement. While the Company anticipates that subsequent events and developments may cause the Company’s views to change, the Company specifically disclaims any obligation to update these forward-looking statements, unless required by applicable laws. These forward-looking statements should not be relied upon as representing the Company’s views as of any date subsequent to the date of this announcement.

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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 2019

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 2019, the Company’s passenger transportation capacity (measured by available seat-kilometres) increased by 9.28%year-on-year, among which, the passenger transportation capacity of its domestic and international routes increased by 9.44% and 10.62%year-on- year, respectively, and the passenger transportation capacity of its regional routes decreased by 11.96%year-on-year; passenger traffic volume (measured by revenue passenger-kilometres) increased by 7.91%year-on-year, among which, the passenger traffic volume of its domestic and international routes increased by 8.19% and 9.85%year-on-year, respectively, and the passenger traffic volume of its regional routes decreased by 22.74%year-on-year, mainly attributable to the decrease in passenger demand as affected by the situation in Hong Kong, and the reduction of route capacity in Hong Kong by the Company; and passenger load factor decreased by 1.02 percentage pointsyear-on-year to 80.82%, among which, the passenger load factor of its domestic, international and regional routes decreased by 0.97, 0.54 and 9.87 percentage pointsyear-on-year, respectively.

In relation to freight transportation, the freight transportation business of the Company only consists of bellyhold space freight operated through passenger aircraft, and such business is under contractual operation by a subsidiary of the controlling shareholder of the Company. Freight load volume in October 2019 increased by 10.08%year-on-year.

1


In October 2019, due to the alternation of winter and spring flight season, the Company made dynamic adjustments based on actual conditions and launched new domestic routes such as Hotan — Xi’an —Hefei, Beijing — Bazhong — Kunming and Shanghai — Baoshan — Kunming, increased the frequency of hub flights such as Pudong — Jakarta, Xi’an — Haikou and Kunming — Baoshan, and introduced new international routes such as Zhengzhou — Phuket, Kunming — Osaka and Nanchang — Shizuoka.

II.

FLEET STRUCTURE

As at the end of October 2019, the Company operated a total of 710 aircraft, including 262 self- owned aircraft, 252 aircraft under finance lease and 196 aircraft under operating lease.

As at the end of October 2019, details of the fleet structure of the Company were as follows:

(Units)
No. Model Self-owned Under
finance
lease
Under
operating
lease
Sub-total

Wide-body passenger aircraft

39 48 5 92
1

B777 series

10 10 0 20
2

B787 series

3 7 0 10
3

A350 series

1 5 0 6
4

A330 series

25 26 5 56

Narrow-body passenger aircraft

223 204 191 618
5

A320 series

136 116 68 320
6

B737 series

87 88 123 298

Total

262 252 196 710

Note:The 15 business aircraft self-owned by and held under trust of the Company were not included in the fleet.

2


III.

MAJOR OPERATING DATA

Amount
completed
in

October
2019

Actual
amount
completed
in

October
2018

Year-
on-year
increase

Total
amount
completed

in

October
2019

Total actual

amount
completed

in

October
2018

Year-
on-year
increase

Passenger Transportation Data ASK (available seat-kilometres) (millions)

23,098.47 21,137.58 9.28 % 224,813.62 203,079.20 10.70 %

— Domestic routes

14,625.85 13,364.10 9.44 % 143,009.40 127,317.23 12.33 %

— International routes

7,978.96 7,212.74 10.62 % 76,247.35 70,440.89 8.24 %

— Regional routes

493.66 560.74 -11.96 % 5,556.87 5,321.09 4.43 %

RPK (revenue passenger-kilometres) (millions)

18,667.30 17,298.66 7.91 % 185,230.12 168,132.18 10.17 %

— Domestic routes

12,236.41 11,310.22 8.19 % 119,418.66 107,406.89 11.18 %

— International routes

6,081.35 5,536.05 9.85 % 61,405.05 56,315.41 9.04 %

— Regional routes

349.53 452.39 -22.74 % 4,406.41 4,409.88 -0.08 %

Number of passengers carried (thousands)

11,039.84 10,585.42 4.29 % 108,959.95 101,204.32 7.66 %

— Domestic routes

9,365.09 8,949.61 4.64 % 91,053.42 84,520.12 7.73 %

— International routes

1,421.67 1,304.97 8.94 % 14,674.21 13,466.52 8.97 %

— Regional routes

253.09 330.84 -23.50 % 3,232.32 3,217.68 0.45 %

Passenger load factor (%)

80.82 81.84 -1.02pts 82.39 82.79 -0.40pts

— Domestic routes

83.66 84.63 -0.97pts 83.50 84.36 -0.86pts

— International routes

76.22 76.75 -0.54pts 80.53 79.95 0.59pts

— Regional routes

70.80 80.68 -9.87pts 79.30 82.88 -3.58pts

Freight Transportation Data AFTK (available freight tonne-kilometres) (millions)

801.11 687.16 16.58 % 7,534.58 6,534.49 15.30 %

— Domestic routes

285.89 240.06 19.09 % 2,649.39 2,243.04 18.12 %

— International routes

502.84 429.14 17.17 % 4,717.97 4,129.26 14.26 %

— Regional routes

12.38 17.95 -31.04 % 167.21 162.20 3.09 %

RFTK (revenue freight tonne-kilometres) (millions)

284.63 234.98 21.13 % 2,380.09 2,130.72 11.70 %

— Domestic routes

83.44 76.06 9.70 % 766.80 716.32 7.05 %

— International routes

198.99 155.41 28.04 % 1,588.58 1,384.57 14.73 %

— Regional routes

2.21 3.51 -37.09 % 24.71 29.83 -17.19 %

Weight of freight carried (million kg)

89.03 80.88 10.08 % 786.44 745.97 5.43 %

— Domestic routes

58.96 55.58 6.07 % 541.98 521.33 3.96 %

— International routes

28.19 22.26 26.65 % 223.55 199.02 12.33 %

— Regional routes

1.89 3.04 -37.81 % 20.91 25.62 -18.37 %

3


Amount
completed
in
October
2019
Actual
amount
completed
in
October
2018
Year-
on-year
increase

Total
amount
completed
in

October
2019

Total actual

amount
completed
in

October
2018

Year-
on-year
increase

Freight load factor (%)

35.53 34.20 1.33pts 31.59 32.61 -1.02pts

— Domestic routes

29.18 31.68 -2.50pts 28.94 31.94 -2.99pts

— International routes

39.57 36.22 3.36pts 33.67 33.53 0.14pts

— Regional routes

17.85 19.57 -1.72pts 14.77 18.39 -3.62pts

Consolidated Data ATK (available tonne-kilometres) (millions)

2,879.97 2,589.54 11.22 % 27,767.80 24,811.62 11.91 %

— Domestic routes

1,602.21 1,442.83 11.05 % 15,520.24 13,701.59 13.27 %

— International routes

1,220.95 1,078.29 13.23 % 11,580.23 10,468.94 10.62 %

— Regional routes

56.81 68.42 -16.97 % 667.33 641.10 4.09 %

RTK (revenue tonne-kilometres) (millions)

1,940.63 1,769.81 9.65 % 18,670.99 16,930.51 10.28 %

— Domestic routes

1,168.47 1,079.01 8.29 % 11,279.07 10,180.47 10.79 %

— International routes

738.90 647.25 14.16 % 6,979.71 6,332.76 10.22 %

— Regional routes

33.26 43.55 -23.64 % 412.21 417.29 -1.22 %

Overall load factor (%)

67.38 68.34 -0.96pts 67.24 68.24 -1.00pts

— Domestic routes

72.93 74.78 -1.86pts 72.67 74.30 -1.63pts

— International routes

60.52 60.03 0.49pts 60.27 60.49 -0.22pts

— Regional routes

58.54 63.66 -5.11pts 61.77 65.09 -3.32pts

Note:

Freight transportation data only contained data of bellyhold space in passenger aircraft. The table does not contain data of cargo services.

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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 utilization of the information above.

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 November 2019

As at the date of this announcement, the directors of the Company include Liu Shaoyong (Chairman), Li Yangmin (Vice Chairman), Tang Bing (Director), Lin Wanli (Independentnon-executive Director), Li Ruoshan (Independentnon-executive Director), Ma Weihua (Independentnon-executive Director), Shao Ruiqing (Independentnon-executive Director), Cai Hongping (Independentnon-executive Director) and Yuan Jun (Employee Representative Director).

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Company Info:

Ticker: CEA, Company: CHINA EASTERN AIRLINES CORP LTD, Type: 6-K, Date: 2019-11-18CIK: 0001030475, Location: F4, SIC: 4512, SIC Desc: AIR TRANSPORTATION, SCHEDULED
Business Phone & Address:
BOARD SECRETARIAT’S OFFICE, KONG GANG SAN LU, NUMBER 88,
SHANGHAI, 200335

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