AIR CHINA's
year-to-date, January-September, net profit decreased 16.2 per cent to CNY6.93
billion (US$1 billion) drawn on revenues of CNY102.8 million, an increase of
19.5 per cent year on year.
The Chinese flag carrier's passenger
capacity, measured by available seat kilometres (ASK), increased
11.32 per cent to 204.073 billion. Capacity for domestic, international
and regional routes rose by 8.75 per cent
During the period, the available
freight tonne kilometres (AFTK) increased by 8.07 per cent year-on-year to
10.483 billion, while the revenue freight tonne kilometres (RFTK) increased by
7.11 per cent year-on-year to 5.877 billion. The cargo and mail load factor
decreased by 0.51 percentage points to 56.06 per cent.
Going forward, Air China still faces challenges
from the increasing exchange rate, rising oil prices to lack of aviation
resources.
"Nevertheless, the overall
demand-supply condition is improving. Under this complicated and ever-changing
operational environment, the group will continue to uphold its philosophies of
maintaining stability in operations while identifying new impetus," said
the company statement.
The company operates 662 aircraft with an average age of
6.74 years. The company's network covers 42 countries and regions and 189
cities, including 69 international, four regional and 116 domestic cities.
Source : HKSG.
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