Eastern Airlines Group profit of 2.213 billion yuan in the first half
Source: Internet
Author: User
KeywordsFirst half Eastern Airlines
China Eastern is gradually coming out of the shadow of a huge loss. Yesterday, the reporter learned from China Eastern 2010 Mid-term working conference, the first half of this year, the Eastern group profit of 2.213 billion yuan, Eastern Airlines shares successfully removed the "ST" hat. It is reported that the first half, the Eastern Airlines completed flight 546,500 hours, 272,300 sorties, year-on-year growth of 10.27%, 3.92%, the realization of 35.404 billion yuan operating income, the year-on-year increase of 46.5%. By the end of June, the total assets of the Eastern group amounted to 101.756 billion yuan, with 338 transport aircraft, 18 general aircraft, 153 navigation points and a market share of 46.3% in Shanghai. There have always been doubts about the effect of restructuring on the east. In this respect, China Eastern Airlines also said that after the restructuring of the airlines, the new Eastern Airlines scale effect continued to emerge, profitability continued to increase. Shaoyong, general manager of China Eastern Airlines Group Corporation and chairman of Eastern Airlines AG, said at the beginning of his appointment that East Airlines should first "live", "Stand Up" and then "Run". At present, the "Stand up" of the Eastern Airlines also face a lot of difficulties. "The second half, the company operating pressure is still very large, the World Expo Security test is very grim, enterprise reform and development task is very heavy." Eastern Airlines admits. China Eastern Airlines operating conditions in line with industry analysts expected. According to Citigroup's latest report, the growth of the beneficiary tourism industry is expected to increase the domestic aviation industry's two-quarter net profit by 80% over the first quarter, and six months ' profit will exceed the 2007 level of the year. China Eastern Airlines and Air China's operating conditions are the most optimistic. The report also predicts that the growth in tourism will lead to a record peak in third-quarter earnings for the airline industry.
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