Air China Limited Announces 2017 Annual Results
Summary
The Group has also made efforts to accelerate the consolidation of layout of the global route network covering six continents, which is connected by the nodes of Beijing, Chengdu, Shanghai and Shenzhen.Luggage checking through service is now provided to all flights from Europe, North America and Australia transferring to domestic routes via Beijing and the competitiveness of its hubs were strengthened.As at the end of the reporting period, the number of frequent flyer members exceeded 50 million, contributing 43.7% of the Groups total revenue, representing a year-on-year increase of 3.8%.As the exclusive official partner of air passenger transport for the Beijing 2022 Winter Olympic and Paralympic Winter Games and the International Horticultural Exhibition 2019 Beijing China, the Group took such opportunity to promote its brand in a more innovative way and to build its brand image characterized by "the leader of civil aviation industry in China" and "international network coverage".Guided by Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era, adhering to the development principles of "Innovation, Coordination, Green, Openness and Sharing", Air China will focus on the reform on quality, efficiency and growth driver, carry out work in a down-to-earth manner, prevent and mitigate risks and strengthen Party building, and will take a solid step towards to strategic goal of building a world-class aviation group by achieving further spectacular performance in safety, results, service and reform.