China Eastern Airlines Corp Ltd
00670
Company Profile
Business description
China Eastern Airlines is based in Shanghai and is one of the three largest state-owned airlines in China. The group operated a fleet of 782 aircraft as of 2023 and carried more than 130 million passengers in prepandemic 2019. It runs a hub-and-spoke model under which it gathers and distributes passengers from air hubs like Shanghai, Beijing, Xi'an, and Kunming.
Contact
36 Hongxiang 3rd Road
5th Floor, Block A2, CEA Building
Northern District, Minhang District
Shanghai201100
CHNT: +86 2162686268
Sector
Industrials
Stock type
Sensitive
Industry
Airlines
Fiscal Year End
31 December 2024
Employees
81,781
China Eastern Airlines Corp Ltd News & Analysis
stocks
China’s travel stocks are benefitting from Covid-19 relaxations
But a V-shaped recovery like the one seen in 2021 is very unlikely in 2023.
Morningstar Investment Ideas
Markets
Index | Last price | Change | % Change |
|---|---|---|---|
| All Ordinaries | 8,633.10 | 66.10 | 0.77% |
| CAC 40 | 7,213.32 | 14.87 | 0.21% |
| DAX 40 | 19,146.17 | 141.39 | 0.74% |
| Dow JONES (US) | 43,870.35 | 461.88 | 1.06% |
| FTSE 100 | 8,149.27 | 64.20 | 0.79% |
| HKSE | 19,254.78 | 346.33 | -1.77% |
| NASDAQ | 18,972.42 | 6.28 | 0.03% |
| Nikkei 225 | 38,315.08 | 288.91 | 0.76% |
| NZX 50 Index | 13,041.90 | 276.66 | 2.17% |
| S&P 500 | 5,948.71 | 31.60 | 0.53% |
| S&P/ASX 200 | 8,393.80 | 70.80 | 0.85% |
| SSE Composite Index | 3,301.47 | 68.93 | -2.05% |