MarketLine Company Profile: China Eastern Airlines Corp Ltd.

China Eastern Airlines Corporation Limited (China Eastern Airlines or ‘the company’) is engaged in providing domestic and international passenger and cargo airline, mail delivery and other extended transportation services. The company primarily operates in China, Hong Kong, Macau and Taiwan. It is headquartered in Shanghai, China, and employs 68,874 people as on December 31, 2013. The company recorded revenues of CNY88,245 million ($14,242.7 million) during the financial year ended December 2013 (FY2013), an increase of 3.5% over FY2012. The operating profit of the company was CNY1,576.4 million ($254.4 million) in FY2013, a decrease of 63.8% as compared to FY2012. Its net profit was CNY2,092.8 million ($337.8 million) in FY2013, a decrease of 28.6% as compared to FY2012.