1st Half 2019 Operating Results

Financial Risk Management - Fuel Fuel Cost 1st Half 2018 1st Half 2019 YoY% Jet Fuel (MOPS) USD/BBL 83.68 78.05 -6.7% Fuel Consumption 10KBBL 865.13 854.58 -1.2% Fuel Expend TWD/100 Million 225.98 219.65 -2.6% Hedging Loss (Gain) TWD/100 Million. -0.03 0.05 Total Fuel Cost TWD/100Million 225.95 219.70 -2.6% Fuel Hedging Year 1st Half 2019 CHINA AIRLINES Hedging% 2.5% 6

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