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China Eastern Airlines

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China Eastern Airlines

China Eastern Airlines President and CEO, Xulun Ma
China Eastern Airlines President and CEO, Xulun Ma
IATA Code
MU
ICAO Code
CES
Corporate Address
2550 Hongqiao Road, Hongqiao International Airport
Shanghai
China (People's Republic of)
200335
Website
http://www.flychinaeastern.com
Main hub
Shanghai Pudong Airport
Country
China
Business model
Full Service Carrier
Global Alliance
SkyTeam
Codeshare Partners
Air France
Alitalia
China Airlines
China Southern Airlines
China United Airlines
Delta Air Lines
Japan Airlines
Joy Air
KLM Royal Dutch Airlines
Korean Air
Mandarin Airlines
Qantas Airways
Shanghai Airlines
Vietnam Airlines
Xiamen Airlines

Shanghai-based China Eastern is one of China's largest airlines, operating two hubs at Shanghai's Pudong and Hongqiao airports. With the Chinese government holding majority ownership via holding company China Eastern Air, the airline operates a fleet of Airbus, Boeing, Embraer and Bombardier aircraft to support an extensive network, serving over 350 domestic routes and 41 international destinations, including cities in Australia, Europe, Korea, Japan, North America and Southeast Asia. China Eastern merged with Shanghai Airlines in 2010 and has announced plans to join the SkyTeam Alliance in 2011.

Location of China Eastern Airlines main hub (Shanghai Pudong Airport)

China Eastern Airlines share price


 
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1,211 total articles

6,129 total articles

Chinese carrier pax traffic to exceed 300 million in FY2012 as double-digit pax growth returns

6-Feb-12 11:46 AM

China’s aviation market is poised for a memorable year in 2012, as Beijing likely eclipses Atlanta as the world’s busiest airport (expected in 2H2012) and double-digit traffic growth rates return. Chinese carriers are expected to report a 10% increase in passenger traffic this year to 320 million passengers, according to industry regulator, the CAAC, following growth of 9.2% in 2011.

Some 21 airports in China handled more than 10 million passengers in 2011, five more than 2010 – and more are expected to join the ‘10 million+ club’ in 2012. Eight Chinese airports handled more than 20 million passengers last year. 10 years ago, Beijing was the only Mainland Chinese airport handling over 20 million passengers (with 24.2 million passengers in 2001), while Guangzhou Baiyun and Shanghai Hongqiao (both with 13.8 million passengers) were the only two other airports in China with over 15 million annual passengers.

Chinese airlines' sixth freedom roles could challenge Middle East, Asian, European hubs this decade

26-Jan-12 6:52 PM

Signs are now emerging of the enormous – and largely unanticipated – impact that China’s airline industry will have on the international network as this decade rolls out. It will significantly tilt the world airline system.

China’s airlines have expanded remarkably since 2000, but most of that growth has been in the domestic arena, responding to the country’s rapid economic rise. It is only more recently that the airlines, with Central Government encouragement, have begun to focus more on international routes.

There are obstacles to be overcome. Service quality is typically not at the standards expected of the Asia Pacific region carriers; marketing and distribution remains a problem; yield management systems have been inadequate; and limited networks still make achievement of critical mass a challenge.

Yet Chinese airlines have two great advantages when it comes to operating sixth freedom network roles: they have a massive and growing third and fourth freedom market; and they are geographically strategically placed to service traffic flows from all countries to the south, connecting with North America and Western Europe using the effective north Polar routing. Additionally, they have relatively low cost bases.

China Eastern to shift some international capacity back to the domestic market amid bleak outlook

20-Oct-11 12:04 PM

China Eastern Airlines’ decision to cancel its orders for 24 B787s, replacing them with 45 smaller B737NGs, reflects a shift in strategy by the carrier and its intention to focus more on short-haul (domestic and regional) operations. The cancellation of the B787 order, one of the largest to date, also reflects its frustration with extended development delays to the B787 programme.

The move came as no surprise. Prior to the order switch announcement, China Eastern executive director Luo Zhuping said the carrier was considering changing its order book to acquire smaller aircraft in light of the outlook for international passenger and cargo demand. It also signals that China Eastern, newly installed in the SkyTeam Alliance, will look to partners to extend its long-haul international network while bulking up its short-haul network. This is a lower risk strategy. Fellow SkyTeam member, China Southern, meanwhile appears to have a bigger risk appetite with its ambitious international expansion plans. China Southern is more exposed to the developing high speed rail network than China Eastern.

US-China traffic increases by around 200% over past decade; United has 30% capacity share

15-Sep-11 11:40 AM

Passenger levels between the US and China, the world’s two largest aviation markets, has increased by almost 200% over the past decade, to a record 2.7 million annual passengers in 2010 (+30.5% year-on-year). Comparatively, passenger numbers between Japan and the US reached 10.8 million in 2010, 2.3 million on Hong Kong-US and 3.9 million on South Korea-US routes. All these countries however have considerably fewer airports and population levels than China.

China Eastern Airlines reports fall in operating profits, outlook cautious

31-Aug-11 12:03 PM

China Eastern Airlines, China’s third largest carrier by market value, has reported a fall in operating profits as costs outpaced revenue growth. Chairman Liu Shaoyong also cautioned the carrier’s full year performance would reflect the uncertain global economic conditions. Concerns also centre around the widely expected interest rate rise in China, which would increase the company's financial burden, in addition to continued high fuel costs.

China Southern Airlines’ first half profit jumps 33%; fleet and international expansion ahead

30-Aug-11 12:38 PM

China Southern Airlines reported a 33% year-on-year increase in net profit to CNY2.76 billion (USD431.6 million) in 1H2011 (six months ended 30-Jun-2011) supported by one-off gains and “robust growth of domestic market demand stimulated by a fast growing Chinese economy.” Operating profit increased by a faster pace, by 43% to USD396.1 million, for an operating profit margin of 6.1%.

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