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China Eastern’s meltdown - Singapore Airlines’ lucky Shanghai escape


Shanghai’s loss-making machine, China Eastern Airlines, racked up close to USD1.9 billion in losses in the three months ended 31-Dec-08 alone – or more than USD20 million per day (close to USD1 million per hour), according to The Centre's calculations. Full-year net losses reached USD2.2 billion. [870 words]

Unlock the following content in this report:


  • Nightmare averted for Singapore Airlines
  • Outlook: Crash through or crash

Graphs and data:

  • China Eastern operating profit margin and net profit margin: 2005 to 2008
  • China Eastern revenue growth and operating costs growth: 2005 to 2008
  • China Eastern financial/traffic highlights for 12 months ended 31-Dec-08
  • China Eastern Airlines passenger number growth and cargo volume growth: Apr-08 to Mar-08
  • China Eastern international passenger number growth and domestic passenger number growth: Apr-08 to Mar-09
  • China Eastern Airlines international vs domestic passenger capacity growth: Apr-08 to Mar-09
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