Eastern Airlines profit 1.944 billion yuan in the first half

Oriental Airlines 30th released 2010.5 Annual report, the first half of the company's operating income of 33.636 billion yuan, attributable to the parent company's owner net profit of 1.944 billion yuan, an increase of 49.73%.　　Basic income of 0.1764 yuan per share.　　The increase in operating income is mainly due to the merger of Shanghai Airlines and the company's implementation of the Connotative development model during the reporting period to increase the level of unit income. The company considered the proposal to acquire the shareholding of Shanghai Oriental Flight Training Company Limited by China Eastern Airlines Group. Agreed that the company in cash to acquire the Eastern Group held by the Shanghai Oriental Flight Training Co., Ltd. 5% stake, the acquisition price of about 28.26 million yuan.　　After the transfer of equity, Shanghai Oriental Flight Training Co., Ltd. will become a wholly owned subsidiary of Oriental Airlines. At the same time, the adoption of a motion on the acquisition of the shares of China Eastern Airlines Holdings Limited, agreed to the company to acquire a cash acquisition of the Eastern Group holding the Eastern Airlines Hotel Limited 14.14% stake. The purchase price is about RMB 14.94 million yuan. After the transfer of equity, Eastern Airlines Hotel Co., Ltd. will become a wholly owned subsidiary of Eastern Airlines.