Form 6-K

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM 6-K

 

 

Report of Foreign Private Issuer

Pursuant to Rule 13a-16 or 15d-16

under the Securities Exchange Act of 1934

For the month of January 2018

Commission File Number: 001-14550

 

 

China Eastern Airlines Corporation Limited

(Translation of Registrant’s name into English)

 

 

Board Secretariat’s Office

Kong Gang San Lu, Number 88

Shanghai, China 200335

(Address of principal executive offices)

 

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:  ☒ Form 20-F  ☐ Form 40-F

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):  ☐

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):  ☐

Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934:    ☐  Yes     ☒  No

If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b):    n/a

 

 

 


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)
Date     January 16, 2018     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.

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

  LOGO      
   

 

(A joint stock limited company incorporated in the People’s Republic of China with limited liability)

(Stock code: 00670)

INSIDE INFORMATION

OVERSEAS REGULATORY ANNOUNCEMENT ANNOUNCEMENT ON OPERATING DATA FOR DECEMBER 2017

 

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 (“Listing Rules”) and the Inside Information Provisions (as defined under the Listing Rules) under Part XIVA of the Securities and Futures Ordinance.

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.

 

3


I. OPERATING DATA

 

     Estimated
amount
completed in
December
2017
     Actual
amount
completed in
December
2016
     Year-on-year
increase
    Total
estimated
amount
completed in
January to
December
2017
    

Total

actual
amount
completed in
January to
December
2016

    

Year-on-year

increase

 

Passenger Transportation Data

                

ASK (available seat – kilometres) (millions)

     19,389.99        17,839.96        8.7     225,967.49        206,249.27        9.6

– Domestic routes

     12,082.06        10,949.53        10.3     141,061.31        129,459.68        9.0

– International routes

     6,791.88        6,415.57        5.9     78,957.90        71,177.37        10.9

– Regional routes

     516.05        474.86        8.7     5,948.29        5,612.22        6.0

RPK (revenue passenger – kilometres) (millions)

     15,401.63        14,069.42        9.5     183,151.51        167,529.20        9.3

– Domestic routes

     9,741.41        8,675.56        12.3     117,024.30        106,361.13        10.0

– International routes

     5,250.78        5,021.33        4.6     61,368.94        56,821.42        8.0

– Regional routes

     409.44        372.53        9.9     4,758.28        4,346.64        9.5

Number of passengers carried (thousands)

     9,212.87        8,293.03        11.1     110,802.62        101,741.64        8.9

– Domestic routes

     7,660.59        6,821.06        12.3     92,617.00        84,201.92        10.0

– International routes

     1,248.65        1,195.74        4.4     14,671.67        14,323.71        2.4

– Regional routes

     303.63        276.23        9.9     3,513.95        3,216.02        9.3

 

4


     Estimated
amount
completed in
December
2017
     Actual
amount
completed in
December
2016
     Year-on-year
increase
    Total
estimated
amount
completed in
January to
December
2017
    

Total

actual
amount
completed in
January to
December
2016

    

Year-on-year

increase

 

Passenger load factor (%)

     79.43        78.86        0.57 pts      81.05        81.23        –0.17 pts 

– Domestic routes

     80.63        79.23        1.39 pts      82.96        82.16        0.80 pts 

– International routes

     77.31        78.27        –0.96 pts      77.72        79.83        –2.11 pts 

– Regional routes

     79.34        78.45        0.89 pts      79.99        77.45        2.54 pts 

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

     641.44        553.03        16.0     7,057.64        6,535.18        8.0

– Domestic routes

     222.52        188.84        17.8     2,277.95        2,163.17        5.3

– International routes

     402.36        350.99        14.6     4,592.06        4,224.47        8.7

– Regional routes

     16.56        13.21        25.3     187.63        147.54        27.2

RFTK (revenue freight tonne kilometres) (millions)

     233.85        218.29        7.1     2,662.81        2,495.43        6.7

– Domestic routes

     84.89        89.03        –4.6     895.56        927.40        –3.4

– International routes

     145.41        126.14        15.3     1,722.52        1,530.17        12.6

– Regional routes

     3.54        3.12        13.4     44.73        37.86        18.2

Weight of freight carried (million kg)

     86.42        86.21        0.2     933.33        929.26        0.4

– Domestic routes

     62.98        65.22        –3.4     647.92        668.64        –3.1

– International routes

     20.42        18.35        11.3     247.85        228.59        8.4

– Regional routes

     3.02        2.64        14.3     37.56        32.03        17.3

Freight load factor (%)

     36.46        39.47        –3.01 pts      37.73        38.18        –0.46 pts 

– Domestic routes

     38.15        47.14        –8.99 pts      39.31        42.87        –3.56 pts 

– International routes

     36.14        35.94        0.20 pts      37.51        36.22        1.29 pts 

– Regional routes

     21.39        23.64        –2.25 pts      23.84        25.66        –1.82 pts 

Consolidated Data ATK (available tonne kilometres) (millions)

     2,386.54        2,158.63        10.6     27,394.72        25,097.62        9.2

– Domestic routes

     1,309.91        1,174.29        11.5     14,973.47        13,814.54        8.4

– International routes

     1,013.63        928.39        9.2     11,698.27        10,630.43        10.0

– Regional routes

     63.00        55.94        12.6     722.97        652.64        10.8

RTK (revenue tonne kilometres) (millions)

     1,603.88        1,472.47        8.9     18,853.19        17,333.11        8.8

– Domestic routes

     953.22        864.01        10.3     11,251.08        10,362.29        8.6

– International routes

     610.83        572.28        6.7     7,137.45        6,548.92        9.0

– Regional routes

     39.84        36.19        10.1     464.65        421.89        10.1

 

5


     Estimated
amount
completed in
December
2017
     Actual
amount
completed in
December
2016
     Year-on-year
increase
    Total
estimated
amount
completed in
January to
December
2017
    

Total

actual
amount
completed in
January to
December
2016

    

Year-on-year

increase

 

Overall load factor (%)

     67.21        68.21        –1.01 pts      68.82        69.06        –0.24 pts 

– Domestic routes

     72.77        73.58        –0.81 pts      75.14        75.01        0.13 pts 

– International routes

     60.26        61.64        –1.38 pts      61.01        61.61        –0.59 pts 

– Regional routes

     63.23        64.70        –1.47 pts      64.27        64.64        –0.37 pts 

Notes:

 

1. As China Eastern Airlines Corporation Limited (the “Company”) completed the disposal of the entire equity interest in Eastern Air Logistics Co., Ltd.* ( LOGO ) (“Eastern Logistics”) to Eastern Airlines Industry Investment Company Limited* ( LOGO ) (“Eastern Investment”, a wholly-owned subsidiary of China Eastern Air Holding Company Limited* ( LOGO ), the controlling shareholder of the Company) in early February 2017, the freight data and consolidated monthly data of the Company since February 2017 and subsequent months shall not include the freight data of all freighters, but only freight data of bellyhold space in passenger aircraft. The data for the corresponding period of last year shall no longer include the freight data of all freighters and shall be adjusted to comparable basis.

 

2. Please refer to the latest annual report or interim report of the Company for the definitions of the indicators.

 

II. FLEET STRUCTURE

In December 2017, the Company introduced 10 aircraft (two B737-800 aircraft, four B737- 8MAX aircraft, two A321 aircraft, one A320 aircraft and one A330-300 aircraft), and retired one aircraft (one B737-700 aircraft).

As the Company completed the disposal of the entire equity interest in Eastern Logistics to Eastern Investment in early February 2017, the fleet data of the Company shall no longer include the data of the freighters operated by China Cargo Airlines Co., Limited* ( LOGO ), a controlled subsidiary of Eastern Logistics. As at the end of December 2017, details of the fleet structure of aircraft of the Company are as follows:

(Units)

 

No.    Model    Self-owned      Under
finance
lease
     Under
operating
lease
     Sub-total  
   Wide-body passenger aircraft      29        43        10        82  
1   

B777-300ER

     9        11        0        20  
2   

B767

     4        0        0        4  
3   

A330-200

     15        15        3        33  
4   

A330-300

     1        17        7        25  
   Narrow-body passenger aircraft      218        192        135        545  
5   

B737-700

     42        13        1        56  
6   

B737-800

     46        62        84        192  
7   

A319

     13        20        2        35  
8   

A320

     79        52        48        179  
9   

A321

     38        39        0        77  
10   

B737-8MAX

     0        6        0        6  
  

Total

     247        235        145        627  

Note: The ten business aircraft held under trust of the Company were not included in the fleet.

 

6


III. BRIEF EXPLANATION ON OPERATING DATA

In relation to passenger transportation, passenger transportation capacity (measured by available seat-kilometres) of the Company in December 2017 increased by 8.7% year-on-year, passenger traffic volume (measured by revenue passenger-kilometres) increased by 9.5% year- on-year, and passenger load factor increased by 0.57 percentage points to 79.43% year-on- year.

In relation to freight transportation, freight transportation capacity (measured by available freight tonne-kilometres) of the Company in December 2017 increased by 16% year-on-year. Freight traffic volume (measured by revenue freight tonne-kilometres) increased by 7.1% year-on-year, while freight load factor decreased by 3.01 percentage points to 36.46% year-on- year.

 

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” 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 January 2018

 

* for identification purpose only

As at the date of this announcement, the directors of the Company include Liu Shaoyong (Chairman), Ma Xulun (Vice Chairman, President), Li Yangmin (Director, Vice President), Xu Zhao (Director), Gu Jiadan (Director), Tang Bing (Director, Vice President), Tian Liuwen (Director, Vice President), Li Ruoshan (Independent non-executive Director), Ma Weihua (Independent non-executive Director), Shao Ruiqing (Independent non-executive Director) and Cai Hongping (Independent non-executive Director).

 

7