Aviation Performance Presentation

Air Cargo Growth Slows Down . Global and Asia-Pacific FTKs have grown by 3.4% and 1.7% respectively in 2018. • IATA expects the growth rate of global FTKs in 2019 will be flat and the Asia-Pacific is expected to be negative growth. FTK, % YOY -Global-Asia Pacific 15 9.7 10 5.8 9.8 5 3.6 3.4 2.3 5.3 0 0 1.9 2.1 1.7 2014 2015 2016 2017 2018 2019F -5 -10 CHINA AIRLINES Source: IATA Air Freight Forecast 13

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