China Rising Airlines Shareholders Meeting Brief: Q4 1950

[Jake]

China Rising Airlines has expanded operations to Shanghai Hongqiao Airport, press release to follow.

Financial Performance (Financial Quarter 4, 1950):
Pre-tax Profit: $8 496 945 USD
Total Operating Revenue: $17,819,997 USD
Total Passenger Revenue: $17,885,975 USD
Total Cargo Revenue: $652,052 USD
Profit Margin: 31.82%
The financial results indicate a strong performance, with significant revenue from both passenger and cargo operations, maintaining a healthy profit margin.

Brand and Market Position:
Brand Value: $8,230,810 USD
Brand Rank: 2
Airline Value: Ranked 2nd worldwide
Oldest Aircraft in Fleet: August 1, 1950
China Rising Airlines continues to hold a high brand rank and airline value, demonstrating its competitive position in the market.

Operational Efficiency:
Number of Staff: 2,120 (biggest employer in the market)
Credit Rating: CCC
Fleet Size: 37 aircraft (2nd in the world)
Average Aircraft Age: 4.69 years
Aircraft Condition: 93.3%
Fleet Utilization: 14.7 hrs/day/plane
Operational efficiency remains a key strength with a relatively young fleet, high aircraft condition rating, and significant daily utilization rates.

Passenger and Cargo Metrics:
Transported Passengers (Year-to-Date): 109,676
Transported Cargo (Year-to-Date): 11,2 tn
Passenger Load Factor (Last 30 Days): 72.7%
Cargo Load Factor (Last 30 Days): 4.1%
Available Seat Kilometers (Last 30 Days): 304.2 million km
Revenue Passenger Kilometers (Last 30 Days): 221.1 million km
Available Freight Tonne Kilometers (Last 30 Days): 0.2 million km
Revenue Freight Tonne Kilometers (Last 30 Days): 0.1 million km
Passenger and cargo operations remain robust, with high load factors indicating effective capacity utilization.

Key Operational Metrics:
Average Weekly Fuel Burn: 5680.0 tonnes
Fuel Burn per Revenue Passenger Kilometer (Last 30 Days): 0.1033 kg/RPK
Fuel Burn per Revenue Freight Tonne Kilometer (Last 30 Days): 2.749 kg/FTK
Departure Punctuality: 83.8%
Number of Weekly Flights: 1144
Number of Airports Served: 48
Number of Route Pairs Flown (Last 30 Days): 94
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: High airline value and strong brand recognition.
Operational Excellence: High efficiency in fleet utilization, punctuality, and load factors.
Expansion: Initiation of operations at Shanghai Hongqiao Airport, enhancing market presence and connectivity.
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.