Content |
Assets
Aktivs
2022: In operation for May - 598 aircraft
in
Performance indicators
2022: Losses of $2.7 billion for the first half of the year
China Eastern, China's largest airline, suffered losses of $2.7 billion in January-June 2022. The company's revenue fell 44.24% on an annualized basis.
History
2023: Delisting statement from NYSE exchange
In January 2023, China's two largest state-owned airlines said they would drop their listing on the New York Stock Exchange, joining a raft of state-controlled companies that announced their retirement from U.S. exchanges last year.
China Eastern Airlines Corp. and China Southern Airlines said in separate documents Jan. 13 that they intended to apply for voluntary delisting of their American depositary shares listed on the New York Stock Exchange. The companies attributed their decision to commercial factors, including the cost of maintaining a U.S. listing despite fewer shares and trading volumes in the U.S. compared to Hong Kong.
2022: Boeing 737 crash in China
On March 21, 2022, a passenger Boeing 737 of China Eastern, local media, crashed in southern China.
| The site content is translated by machine translation software powered by PROMT. The machine-translated articles are not always perfect and may contain errors in vocabulary, syntax or grammar. Read original article If you find inaccuracies or errors in the results of machine translation, please write to editor@tadviser.ru. We will make every effort to correct them as soon as possible. |