China Rising Airlines Shareholders Meeting Brief Q2 1951

[Jake]

China Rising Airlines has recently begun the process of retiring the Boeing 377 from its fleet, which has impacted some operational statistics. Despite these changes, the airline remains committed to maintaining high standards of service and operational efficiency.

Financial Performance (Previous Financial Quarter):
Pre-tax Profit: $14,647,870 USD
Total Operating Revenue: $37,607,485 USD
Total Passenger Revenue: $37,594,073 USD
Total Cargo Revenue: $13,412 USD
Profit Margin: 25.93%
The financial results show a continued strong performance, with significant revenue from passenger operations contributing to a solid profit margin.

Brand and Market Position:
Brand Value: $25,003,791 USD
Brand Rank: 6
Airline Value: Ranked 2nd
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: 3,431
Credit Rating: CCC
Fleet Size: 71 aircraft
Aircrafts on order: 80 aircrafts
Average Aircraft Age: 4.61 years
Aircraft Condition: 95.5%
Fleet Utilization: 11.9 hrs/day/plane
Operational efficiency remains strong with a relatively young fleet, high aircraft condition rating, and substantial daily utilization rates.

Passenger and Cargo Metrics:
Transported Passengers (Year-to-Date): 1,533,862
Transported Cargo (Year-to-Date): 38.5 tn
Passenger Load Factor (Last 30 Days): 76.2%
Cargo Load Factor (Last 30 Days): 4.8%
Available Seat Kilometers (Last 30 Days): 265.0 million km
Revenue Passenger Kilometers (Last 30 Days): 201.8 million km
Available Freight Tonne Kilometers (Last 30 Days): 0.2 million km
Revenue Freight Tonne Kilometers (Last 30 Days): 0.0 million km
Passenger and cargo operations remain robust, with high load factors indicating effective capacity utilization.

Key Operational Metrics:
Average Weekly Fuel Burn: 6,410 tonnes
Fuel Burn per Revenue Passenger Kilometer (Last 30 Days): 0.1355 kg / RPK
Fuel Burn per Revenue Freight Tonne Kilometer (Last 30 Days): 2 417.998 kg / FTK
Departure Punctuality: 92.0%
Number of Weekly Flights: 1,864
Number of Airports Served: 73
Number of Route Pairs Flown (Last 30 Days): 194
Operational metrics reflect efficient fuel usage, strong punctuality, and extensive network connectivity, supporting our growth and service quality.

Key Highlights:
Financial Strength: Sustained profitability and revenue growth.
Brand Leadership: High airline value and strong brand recognition.
Operational Excellence: High efficiency in fleet utilization, punctuality, and load factors.
Fleet Renewal: Initiation of the Boeing 377 retirement to modernize and optimize the fleet.

China Rising Airlines is well-positioned for continued success and growth despite the current fleet transition. We appreciate the support of our shareholders as we aim to exceed our targets and deliver outstanding value.