Benefit news，Air 188bet Limited (stock code: 601111) today announced its financial results for the third quarter of 2016 (hereinafter referred to as the "period")。

Operating and Performance Summary

The third quarter of 2016，188bet’s economy is operating steadily，International oil prices have risen slightly，But it still continues to hover at a low level，Benefited from the relatively strong market environment during the summer，Domestic passenger transport demand is growing steadily，Outbound tourism continues to be popular，However, the growth of the freight market is still weak。Air 188bet actively increases investment in transportation capacity，Good match to the supply and demand structure of each regional market，Optimize production organization，Improve revenue management，Strengthen channel construction，Reduce marketing expenses，Fine cost control，Reasonable adjustment of debt structure，Effectively mitigate exchange risks，The overall business situation is getting better。

During the reporting period，Air China achieved operating income of 319.2.3 188bet（RMB, the same below），Up 2 year-on-year.22%。Operating cost is 231.0.9 188bet，Up 5 year-on-year.81%。Operating profit 51.4.5 188bet，Up 72% year-on-year.68%。Net profit is 37.6.9 188bet，Net profit compared with the same period in 2015 23.3.1 188bet, an increase of 61.68%。

During the period，Air China passenger capacity (ASK) increased by 7% year-on-year.63%，reached 609.5.5 188bet available seat kilometers。Passenger turnover (RPK) is 505.4.2 188bet toll passenger kilometers，Increased by 9 compared with the same period last year in 2015.19%。Among them，International route is 186.7.1 188bet toll passenger kilometers，18 year-on-year increase.30%；Domestic route is 301.4.7 188bet toll passenger kilometers，Up 4 year-on-year.96%；Regional route is 17.2.4 188bet toll passenger kilometers，Decreased by 3 year-on-year.25%。Passenger load factor 82.92%，1 year-on-year increase.18 percentage points。

freight，Freight transportation capacity (AFTK) during the period is 31.6.5 188bet available freight ton kilometers，Up 3 year-on-year.65%。Freight turnover (RFTK) is 17.6.9 188bet revenue freight ton-kilometers，Up 5 year-on-year.42%。Cargo and mail load factor 55.88%，Up 0 year-on-year.94 percentile。

Looking ahead

Although the aviation industry still faces exchange rates、Oil price、Geopolitical situation and many other tests，But the overall market supply and demand trend is improving。For the complex and ever-changing business environment，Air 188bet stated that it will deepen reform and innovation，Solidly promote strategic initiatives and business model transformation，Strengthen cost control，Consolidate and expand competitive advantages，Strive to achieve better performance and sustainable development。

About Air 188bet

Air 188bet Co., Ltd. is 188bet’s flag carrier and 188bet’s leading air passenger transport、Cargo and aviation related service provider。Air 188bet's main base is located in Beijing, the capital of 188bet - an important hub for 188bet's domestic aviation and international aviation。The company is still in Beijing、Providing aviation related services in Chengdu and other locations，Includes aircraft maintenance、Ground services, etc.。As of June 30, 2016，The group has a total of 603 aircraft，Average aircraft age 6.26 years；The company has a total of 366 aircraft，Average aircraft age 6.41 years；The company operates 377 passenger routes，including 263 domestic routes，98 international routes，16 regional routes，39 navigation countries，173 navigable cities，108 of them are domestic，International 61，4 regions。Through Star Alliance，Air 188bet’s route network covers 193 countries1,330 destinations。Air 188bet was listed in Hong Kong and London on December 15, 2004，Stock codes are 00753 and AIRC respectively。August 18, 2006，Air 188bet is listed on the Shanghai Stock Exchange，Stock code is 601111。

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