-
Air China (00753) passengers carried up 5.4% in October
Air China (00753) said it carried about 8.99  million passengers in October,
an increase of 5.4% year-on-year and 5.8% month-on-month.
For the first ten months of 2017, the accumulated number of passengers amounted to about
84.36 million, up 4.2% year-on-year.
Passenger capacity (measured by available seat kilometers (the ASK)) and passenger 
traffic recorded a year-on-year increase of 8.6% and 8.1% in October. The overall
passenger load factor was 81%, representing a decline of 0.4 percentage points as compared
to the same period last year.
  In terms of cargo operations, cargo capacity (measured by available freight tonne
kilometers (AFTK)) rose 9.9% year-on-year. Cargo and mail traffic grew 14.1% and the 
volume of cargo and mail carried rose 6.1% as compared to the same period last year. The 
cargo load factor was 58% in October, representing a year-on-year growth of 2.2 percentage
points. 

Comments

Post a Comment

Popular posts from this blog

-
CLSA lowers Beijing Ent Water (00371) to HK$6   CLSA cut its target price for Beijing Enterprises Water (BEW)(00371) by 8% to HK$6, and reiterated its "buy" rating.   The research house said BEW's share price has dropped 14% in the last two trading days. First, the 2017 earnings results are below expectations. Second, management is guiding for 20-25% net profit growth for 2018, versus 30% in the past few years. Management now has a cautious approach to water PPP (public-private partnership) projects, which is not  necessarily bad.   CLSA cut its 2018-19 earnings forecasts by 19%. At the current level, it believes many  of the negatives are already priced-in.
Read more
-
HSBC HOLDINGS Appoints Malaysia CEO as Asia-Pacific One-Belt-One-Road Biz Manager  HSBC HOLDINGS(00005.HK)    +1.150 (+1.574%)    Short selling $311.30M; Ratio 15.773%   announced that Malaysia CEO Mukhtar Hussain was appointed to the newly created position of head of Belt and Road initiative in Asia Pacific, effective from 1 July.
Read more
-
Image
WKK INTL (HOLD) (00532.HK)    +0.100 (+15.152%)      announced the results for its subsidiary, Taiwan Kong King, for the nine months ended September 2014. The unaudited combined after-tax net profit decreased 30.26% to $12.239 million, compared with the same period last year. Revenue amounted to $177 million.
Read more