China Airlines pax stable at 15.6m in 2019, cargo traffic down 9%

China Airlines reported (16-Jan-2020) the following highlights for Dec-2019 and for the 12 months ended Dec-2019:

• Dec-2019:
  • Operating revenue: TWD12,636 million (USD418.3 million), -6.8% year-on-year;
    • Passenger: TWD8118 million (USD268.7 million), -0.4%;
    • Cargo: TWD3903 million (USD129.2 million), -18.9%;
  • Passengers: 1.3 million, -2.3%;
  • Passenger load factor: 80.9%, +1.3ppts;
  • Passenger yield: TWD2.18 (USD 7.2 cents), -3.5%;
  • Cargo traffic (FTKs): -7.7%;
  • Cargo load factor: 68.5%, -2.0ppts;
  • Cargo yield: TWD7.96 (USD 26.3 cents), -12.1%;
• 12 months ended Dec-2019:
  • Operating revenue: TWD146,372 million (USD4742 million), -2.6% year-on-year;
    • Passenger: TWD96,177 million (USD3116 million), +2.0%;
    • Cargo: TWD43,406 million (USD1406 million), -12.2%;
  • Passengers: 15.6 million, +0.1%;
  • Passenger load factor: 80.8%, +1.3ppts;
  • Passenger yield: TWD2.26 (USD 7.3 cents), stable;
  • Cargo traffic (FTKs): -9.2%;
  • Cargo load factor: 67.0%, -4.3ppts;
  • Cargo yield: TWD8.09 (USD 26.2 cents), -3.3%. [more - original PR]

*Based on the average conversion rate at TWD1 = USD0.0331 for Dec-2019
*Based on the average conversion rate at TWD1 = USD0.0324 for the 12 months ended Dec-2019