The Company continued to strengthen cost controls and maintained its cost leadership
advantage. By constantly monitoring the p
ace of capacity deployment, tracking the changes
in flight arrangements, and deepening overall interaction of the fleet, Air China enabled its
operations to better complement market demand, thus improving its operating efficiency.
By strengthening the cons
truction of direct sales channels, Air China transformed its sales
and marketing and increased the proportion of direct sales, lowering the agency expenses by
22.01% year
-
on
-
year. The Company further optimized its
capital
structure by increasing
controls o
ver the amount and frequency of borrowings. In the first half, the operating cost
per
A
T
K
was RMB
3.00
, representing a decline of
17.21
% from the corresponding period last
year. Excluding the impact of fuel cost changes, operating cost per
A
T
K
fell
4.95
%
ye
ar
-
on
-
year