Air China Group: operating expenses 2010-2024

In the decade before the COVID-19 pandemic, the operating expenses of the Air China Group have increased almost continuously, peaking at ***** billion yuan in 2018. In 2022, the operating expenses of the Chinese flag carrier were around ** billion yuan, representing a drop of almost ** percent compared to 2019. After the pandemic, the company's operating expenses increased significantly again, to more than *** billion yuan in 2024.

Passenger growth

The pre-pandemic upward trend in Air China’s revenue could be reflected by the growth in the number of air passengers. In 2020, Air China ranked fourth among the world’s largest airline groups in terms of passenger numbers. Within Air China’s subsidiaries and associates, Shenzhen Airlines transported the largest number of people, reaching nearly **** million in 2020.

Fleet growth

As of 2024, Air China Group had a total fleet of *** aircraft in service, including ***passenger aircraft and 4 business jets. In terms of the passenger aircraft type, the Boeing *** and Airbus ***/*** had the largest share of the fleet, representing ***** and ***** percent of all passenger aircraft, respectively. In regard to the passenger aircraft ownership, Air China Group had *** self-owned, *** finance-leased, as well as *** operating-leased passenger aircraft in 2020.