China's - Orient Aviation

FTK Growth by CarrierFreight Load FactorGrowth by CarrierPAX Growth by Carrier50%40%30%20%10%0%-10%-20%-30%BI BR CI CX/KA GA JL KE MH NH OZ PR SQ TG VN1050-5-10-15BI BR CI CX/KA GA JL KE MH NH OZ PR SQ TG VN20%15%10%5%0%-5%-10%BI BR CI CX/KA GA JL KE MH NH OZ PR SQ TG VNINTERNATIONAL PASSENGERTRAFFIC: JANUARY – JULYIn the first seven months, AAPA internationalRPKs grew 4.4%. Capacity rose1.9% year-on-year, boosting the PLF byalmost two percentage points to 77%. Thenumber of international passengers carriedrose 4.5% to reach 82.8 million.INTERNATIONAL FREIGHT:JANUARY – JULYRecent increases in demand boostedyear-to-date FTK growth to 2.8% for theAAPA members, following a poor firstquarter. Capacity growth remained a stepahead of demand at 4.3%, which resulted in aFLF of 65.6%, down 0.9 percentage points.AUGUSTPreliminary reports showed AAPAinternational passenger numbers grew4.9% year- on-year to 12.9 million inAugust. International passenger trafficin RPK terms was up 5.1% year-on-year.Capacity climbed 2.7%, which resultedin a 1.8 percentage point improvement inPLF to 79.6%. FTKs grew 5.3%. Capacityrose 5.2%, which resulted in a fractionalimprovement in FLF to 65.3%.FTK, FATK and Freight Load Factor(Aug 06 vs Jul 07)FTK and FATK (In Billions)806040200FTKFATKFLFA S O N D2006JF M A M2007JJ806040200FLF (In Percentage)FTK and FATK (In Percentage)1210FTK, FATK FLF Growth Rates(Aug 06 vs Jul 07)86420-2-4A S O N D J F M A M J2006 vs. 2005 2007 vs. 2006AUGUST TRAFFIC UPDATE – PRELIMINARYINTERNATIONAL SCHEDULED SERVICES OF AAPA MEMBER AIRLINESInternational Aug 2007 Aug 2006 % Change Jan-Aug 2007 Jan-Aug 2006 % ChangePassengers (000) 12,913 12,306 +4.9% 95,673 91,468 +4.6%RPK (mn.) 53,397 50,789 +5.1% 399,583 382,246 +4.5%ASK (mn.) 67,118 65,340 +2.7% 516,879 506,826 +2.0%PassengerLoad FactorFTKFATKFLF79.6% 77.8% +1.8pp 77.3% 75.4% +1.9ppFTK (mn.) 4,741 4,503 +5.3% 36,392 35,286 +3.1%FATK (mn.) 7,263 6,907 +5.2% 55,520 53,190 +4.4%FreightLoad Factor65.3% 65.2% +0.1pp 65.6% 66.3% -0.8ppJ121086420-2-4FLF (In Percentage Points)NOVEMBER 2007 ORIENT AVIATION 65