China Rising Airlines Shareholders Meeting Brief Q3 1950

[Jake]

China Rising Airlines, headquartered in Beijing, China, operates a fleet consisting of six Douglas DC-4s and sixteen Boeing 377s. With a current market share of 45.58% at Beijing Airport, the airline aims to surpass 50% by the end of this quarter.

Financial Performance (Previous Financial Quarter)
Pre-tax Profit: $1,280,271 USD
Total Operating Revenue: $3,165,161 USD
Total Passenger Revenue: $3,156,500 USD
Total Cargo Revenue: $361 USD
Profit Margin: 27,17%
The financial performance for the previous quarter shows solid profitability and strong revenue generation.

Airline brand:

Airline Value: Ranked 1st
Oldest Aircraft in Fleet: 01-Aug-1950
China Rising Airlines maintains a robust brand presence and high airline value, reflecting its market leadership and competitive edge.

Operational Efficiency:
Number of Staff: 1,412
Credit Rating: CCC
Fleet Size: 19 aircraft
Average Aircraft Age: 3.99 years
Aircraft Condition: 92.1%
Fleet Utilization: 14.9 hrs/day/plane
The airline demonstrates operational efficiency with a relatively young fleet, high aircraft condition rating, and significant daily utilization rates.

Passenger and Cargo Metrics:
Transported Passengers (Year-to-Date): 253,611
Transported Cargo (Year-to-Date): 4900 kg
Passenger Load Factor (Last 30 Days): 74.8%
Cargo Load Factor (Last 30 Days): 1.4%
Available Seat Kilometers (Last 30 Days): 164.2mil km
Revenue Passenger Kilometers (Last 30 Days): 122.7mil km
Available Freight Tonne Kilometers (Last 30 Days): 16.2mil km
Revenue Freight Tonne Kilometers (Last 30 Days): 12.2mil km
Passenger and cargo operations remain robust, with high load factors indicating effective utilization of capacity.

Key Operational Metrics:
Average Weekly Fuel Burn: 110.0 tonnes
Fuel Burn per Revenue Passenger Kilometer (Last 30 Days): 0.0904 kg/RPK
Fuel Burn per Revenue Freight Tonne Kilometer (Last 30 Days): 865.157 kg/FTK
Departure Punctuality: 88.0%
Number of Weekly Flights: 490
Number of Airports Served: 28
Number of Route Pairs Flown: 25
Operational metrics reflect efficient fuel usage, strong punctuality, and extensive network connectivity, supporting our growth and service quality.

Key Highlights
Financial Strength: Strong profitability and revenue growth.
Brand Leadership: Top-ranked airline value and solid brand recognition.
Operational Excellence: High efficiency in fleet utilization, punctuality, and load factors.
Growth Potential: On track to increase market share at Beijing Airport to over 50%.
China Rising Airlines is well-positioned for continued success and growth. We appreciate the support of our shareholders as we aim to exceed our targets and deliver outstanding value.