China Eastern's international passenger traffic demand slashed by a quarter
China Eastern Airlines appears to have been hardest hit by the Sichuan earthquake, with domestic and international passenger demand slumping 9.7% and 24.6%, respectively, in Jun-08. [617 words]
Unlock the following content in this report:
- Expects to be profitable in first half, but outlook not promising
- More debt, more asset sales
- Taiwan charters help
Graphs and data:
- China Eastern Airlines passenger numbers and freight (tonnes) growth: % change year-on-year: Jan-07 to Jun-08
- China Eastern Airlines domestic and international passenger load factors: Jan-07 to Jun-08
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