St East Airlines Ming "tipped ladies" to restore "Oriental airlines"

Wearing a year of "St Hat" St East airlines will be formally "tipped Ladies" tomorrow (28th) to return to "Eastern Airlines." Today, St East Airlines issued a notice that the company on April 19 this year to the Shanghai Stock Exchange to withdraw the implementation of the company's stock trading other special treatment.　　At present, the application has been approved by the Shanghai Stock Exchange.　　Under the Shanghai Stock Exchange stock listing rules, the company's A shares in the May 27, 2010 Suspension of a day, the company's A shares referred to as the May 28, 2010 by St East Airlines changed to Eastern Airlines, the company A shares of the daily price limit will be restored from 5% to 10%. As a result of the 2008 record huge loss of 13.828 billion yuan, insolvency 11.59 billion yuan.　　Led to the company December 31, 2008 audited shareholder rights and interests, according to the relevant provisions, China Eastern stock trading on April 17, 2009, the implementation of other special treatment, that is, wearing a St hat. However, after 2009 years of government injection and internal reform, China Eastern Airlines in 2009 and the first quarter of the profit, of which this year's quarterly net profit is a profit of 770 million yuan, the year-on-year growth of about 18 times times. The asset-liability ratio has fallen from more than 115% to around 95%, reversing the insolvency dilemma.　　On December 31, 2009, the company was audited on the ownership of the listed company shareholders equity also by negative positive (for RMB 3.104 billion), therefore, the company's stock transactions have been implemented other special treatment reasons have been eliminated. However, St Shaoyong, chairman of the Eastern Airlines, is still using "out of the valley, but has not come out of the trough" to describe the current state of the company, that the current company faced with a lot of internal and external environment challenges, including the volcanic ash and other unexpected events and global economic uncertainty on the aviation industry, asset-liability ratio is still relatively high,　　The structural contradictions in personnel remain outstanding, operating costs are still relatively high and so on. Shaoyong told our correspondent that this year, China Eastern will continue to seek government support, seeking strategic investors, or internal assets reset, and other ways to further reduce the debt rate, and continue to integrate internal resources, including freight, human resources, market structure, aircraft model structure adjustment. and will adhere to the Shanghai-centric hub network based on the strategy to increase the proportion of international routes, hope that international routes and domestic routes of income ratio gradually from 3:7 to 4:6.