Investor Presentaiton
Overall business environment
ā Pax market following by the border restriction ease, international RPK has recovered to 50% compared with
pre-covid level.
ā Cargo market: cargo capacity is still below 2019 level due to the Omicron outbreak leading to lockdown in
China and the Ukraine-Russia conflict threat further weaken global supply chains, making, growth trend turned
negative in March for the first time for the past year.
% ch vs the same
month in 2019
20%
International Pax market trend change% with 2019
100%
20%
10%
0%
Load
80%
-20%
factor (RHS
0%
60%
-10%
-40%
ASK (LHS)
40%
-20%
Load factor
% ch vs the same
month in 2019
International Cargo market trend change% with 2019
100%
FTK (LHS)
80%
Load
factortR
60%
CTK (LHS)
40%
-60%
-30%
20%
20%
-80%
RPK(LHS)
-40%
-100%
0%
-50%
2020
2021
2022
2020
2021
0%
2022
CHINA AIRLINES
IATA Economics 14View entire presentation