The first half of Eastern Airlines net profit 1.94 billion increase 50%

NetEase Financial August 29 News Eastern Airlines today released interim results, the first half of the Eastern Airlines operating income of 33.64 billion yuan, an increase of 92.2%, net profit of 1.94 billion yuan, an increase of 49.7%.　　After the merger of China Eastern Airlines, the total revenue and profit of the company increased, after the internal reasonable "merger similar terms", the first half of the airline industry operating profit rate also significantly increased by 15.5%. In the first half of this year, China Eastern Airlines completed a total turnover of 5.934 billion tons kilometers, an increase of 61.98%. Air transport revenue accounted for 91% of the total income of 33.64 billion yuan, 30.612 billion yuan, an increase of 85.34%. Eastern Airlines reported the first half of the aviation market situation for the "off-season not light, peak season more prosperous, high season ahead", the first half after the market changes in the grasp of the adjustment of capacity, restore and encryption of international long-range routes, the abolition and transformation of negative marginal and marginal contribution of the route, accounting for 91%　　The gross profit margin of air transport business increased by 15.5%, while the gross profit margin of non main industry decreased by 14.9%. Sub-regional, although regional and international routes in the recovery of global demand increased capacity, but the income to see domestic routes growth is still the fastest. In the first half of the year, China Eastern Airlines passenger revenue of 19.249 billion yuan, an increase of 79.21%, accounting for 72.99% of passenger revenue. International airline passenger revenue for 5.689 billion yuan, an increase of 66.34%, accounting for 21.57% of passenger revenue.　　Regional passenger transport revenue for 1.433 billion yuan, an increase of 81.17%, accounting for 5.43% of passenger revenue. The 100% per cent debt rate was one of the pressing issues to be addressed by Shaoyong, chairman of the eastern airline, who had expressed a desire to reduce the debt rate to 80% to 90%.　　Today's earnings show the company's asset-liability ratio of 87.4%, a significant drop of 7.59% from the beginning of the year.　　In the first half of the year, Eastern aviation fuel expenditure rose 95.65%, up to 10.019 billion yuan, accounting for 36.33% of the operating costs, mainly because the first half of the year average oil price growth of about 37%, the company merged with Shanghai Airlines after the scale of expansion of oil consumption increased.　　In the first half of the Shanghai Hongqiao Airport throughput of two airport throughput of 53.15% and 37.61% respectively, the position of the general hub of the firm. First half of the company's aircraft average daily utilization rate of 9.5 hours, an increase of 0.2 hours. East Airlines (excluding the air) flight punctuality rate of 79.64%, Shanghai Air flight punctuality rate of 77.38%, ranked first and fourth respectively.