Air Cargo and Passenger Recovery Strategy

2020-2021 Air Passenger / Freight Demand International Air Passenger(RPK) / Freight(CTK) ( % YoY, vs 2019 ) 2020 RPK 20% 75.6% CTK | 11.8% 2021 RPK 80.2% CTK 1 8.7% (til Sep) 1.2% Freight 0% -29.5% -20% -40% -60% -80% APR 2020 low point -100% Jan-20 Feb-20 Mar-20 Apr-20 May-20 -98.4% Jun-20 CHINA AIRLINES Jul-20 Aug-20 Sep-20 Oct-20 2021/1 1st positive growth vs. pre-pandemic level Nov-20 Dec-20 Jan-21 Feb-21 Mar-21 Apr-21 May-21 Jun-21 Jul-21 Aug-21 Sep-21 Passenger Source IATA 17

View entire presentation