30-Dec-2011 11:05 AM

China Eastern forecasts 6% rise in 2011 pax, 2012 profits may decline

China Eastern Airlines stated it has maintained an average load factor of 80% for the year as at the end of 30-Nov-2011. The carrier, according to reports from China Civil Aviation Online and Yicai, also reported the following forecast for full year 2011:

  • Passenger numbers: 68.8 million, +5.7% year-on-year;
  • Passenger load factor: 78.8%, +0.8 ppt;
  • Cargo volume: 1.5 million tonnes, stable;
  • Aircraft utilisation: 9.8 hours/day, +0.1 hours/day;
  • Safe flight hours: 1.3 million hours, +7.2%;
  • Number of flights: 623,300, +4.4%.

China Eastern general manager Luo Shaoyong stated revenue growth in 2012 will be difficult with a decline in profitability a possibility while international sales and freight markets remain sluggish.

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