China Eastern Airlines posted a 2018 net profit of CNY2.71 billion ($394 million), down 57.4% compared to CNY6.35 billion achieved in 2017. Total revenue for the year was CNY114 billion, up 13% year-over-year (YOY). Operating expenses for the year were CNY102.4 billion up 13.43% YOY, compared to CNY90.3 billion in 2017. China Eastern’s passenger traffic (RPKs) rose 10% YOY; domestic and international RPKs were up 10.2% and 9.6%, respectively. Capacity (ASKs) grew at a slower ...

Subscribe to Access this Entire Article

"China Eastern’s 2018 net profit down 57% as capacity slows" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions?

Already registered? here.