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.