USX:CEA - China Eastern Airlines Corporation Limited China Eastern Airlines Corpora
Sector: Industrials, Industry: Airlines
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USD 19.4    +0.350 (+1.84%)
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28 Sep 2021


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General

CEO: Mr. Shaoyong Liu

IPO: 1997-02-05

Headquarters: US

Employees: 81,157

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Description

As one of China’s three largest state-owned carriers, China Eastern flies to more than 220 destinations and 40 countries. The airline operates a hub-and-spoke system, where it gathers and distributes passengers through key airports in Shanghai. The carrier generates about 13% of revenue from premium-class tickets. As a result of rising competition on the international front, China Eastern currently derives the majority of its profits from flying domestic routes.