China Eastern Airlines

The airline was established on June 25, 1988 on the basis of the East China (Huadong) Regional Directorate of the General Directorate of Civil Aviation of China. In 1997, China Eastern Airlines took over control of the unprofitable airline China General Aviation , at the same time the company became the first airline in the country whose shares traded on global stock markets.

In 1998 , China Cargo Airlines , a joint venture with China Ocean Shipping, was founded. In 2001, China Eastern Airlines acquired Air Great Wall , and in 2002 , another two major local carriers were acquired - China Yunnan Airlines and China Northwest Airlines .

The Chinese government owns a 61.64% stake in China Eastern Airlines, the remaining securities are traded on stock markets. In January 2005 , the company employed 16,435 people.

On April 20, 2006, media reported that the Chinese government could sell up to 20% of its own shares to a number of foreign investors, including Singapore Airlines , Emirates Airline and Japan Airlines . Singapore Airlines has confirmed the negotiations [1] .

In fiscal 2008-09, the company received a net loss of 15.3 billion yuan ($ 2.2 billion). The enormous losses are explained by the unfavorably concluded hedging contracts for the supply of aviation kerosene in the face of strong fluctuations in the prices on the fuel market, as well as a decrease in passenger traffic. ^[one]

• On August 15, 1989, due to a failure of the second engine during take-off, the Y-7 plane (registration number B-3417) crashed while flying from Shanghai to Nanchang . Killed 34 people out of 40 on board.
• On October 26, 1993, when landing at Fuzhou Airport, the McDonnell-Douglas MD-82 (registration number B-2103) crashed on flight 5398 from Shenzhen to Fuzhou. Killed 2 people out of 80 passengers and crew.
• September 10, 1998 McDonnell-Douglas MD-11 (reg. Number B-2173), flying 586 from Shanghai to Beijing , crashed at Shanghai Hongqiao Airport due to a bow landing gear failure. No harm done.
• On November 21, 2004, a minute after taking off from Baotou Airport , Erliban crashed a Bombardier CRJ-200 (registration number B-3072), flying 5210 to Shanghai. Killed all 53 people on board.
• On April 7, 2005, an Airbus A340-300 of China Eastern Airlines (reg. Number B-2383), when taking off from Heathrow ( London , UK ), hit the tail of the runway. The crew decided to continue the flight to Shanghai.
• On May 13, 2006 , the Airbus A340-600 (registration number B-6055), which operated flight 5042 from Seoul to Shanghai, burst on the landing gear when landing at Pudong International Airport . None of the passengers were injured. [2] [3]

China Eastern Airlines has a strong presence on routes in Asia , Europe , North America and Australia . In 2004, the airline closed the unprofitable route Shanghai - Brussels - Madrid . Nevertheless, in the same year, a new Shanghai- Melbourne route was opened. In 2007, China Eastern Airlines began serving its first African flight to Johannesburg (via Male ). Also in 2007, a flight to New York from Shanghai began to operate; this flight became the airline's longest non-stop route. On November 22, China Eastern Airlines launched a seasonal Shanghai- Brisbane flight twice a week.

East China Airlines plans to add 2 frequencies on the Shanghai- Los Angeles route from June 2008. ^[2] According to other sources, additional frequencies will be added to London , New York and Vancouver .

China Eastern Airlines plans to order more than 40 Airbus A320 . At the same time, it is not planned to order an Airbus A380 , as international flights are unprofitable, especially the new Shanghai- New York route .

China Eastern Airlines plans to open a flight to Algeria from Shanghai via Paris in August 2008, and the Airbus A340-600 will be used on this route. [four]

As of April 2017, China Eastern Airlines had such a fleet ^[3] :

Cargo Fleet

The cargo division of China Eastern Airlines , China Cargo Airlines , has operated the following aircraft as of November 2007:

As of March 2007, the average age of the China Eastern Airlines fleet was 6.4 years. ^[four]

• Website of the Moscow office of the airline
• Fleet Age of East China Airlines
• Details on the fleet of China Eastern Airlines