20-Apr-2010 9:45 AM

China Eastern Airlines reports revenue up 74% in 1Q2010 after absorption of Shanghai Airlines

China Eastern Airlines reports (19-Apr-2010) the following financial/traffic highlights for the three months ended 31-Mar-2010, including Shanghai Airlines (according to the Chinese accounting standard):
  • Revenue: USD2,280 million, +74% year-on-year;
  • Operating costs: USD1,899 million, +53.9%;
  • Operating profit (loss): USD110.3 million, compared to a loss of USD124.5 million in the corresponding period last year;
  • Net profit (loss): USD112.7 million, compared to a profit of USD5.9 million in the corresponding period last year;
  • Passenger numbers: 14.4 million, +42.9%;
    • Domestic: 12.3 million, +43.1%;
    • International: 1.5 million, +46.9%;
    • Hong Kong, Macau and Taiwan: 639,510, +32.1%;
  • Cargo volume: 344,900 tonnes, +84.6%. [more]

Want More News Like This?

CAPA Membership gives you access to all news and analysis on the site, along with access to many areas of our comprehensive databases and toolsets.
Find Out More