| Business Summary | | China
Eastern
Airlines
Corporation
Limited
is
one
of
the
three
largest
air
carriers
in
China
and
is
the
primary
air
carrier
serving
Shanghai,
China's
eastern
gateway.
The
Company's
primary
focus
is
the
provision
of
domestic,
Hong
Kong
and
international
passenger
airline
services.
The
Company
accounted
for
approximately
17.3%
of
the
total
commercial
air
traffic
(as
measured
in
ton-kilometers)
handled
by
Chinese
airlines
in
1999.
The
Company's
flights
operate
primarily
from
Shanghai's
Hong
Qiao
International
Airport,
the
hub
of
the
Company's
domestic
and
international
route
network.
In
1999,
the
Company
accounted
for
approximately
one-third
of
total
commercial
take-offs
and
landings
in
Shanghai.
China
Eastern
also
provides
mail
and
cargo
services. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | China
Eastern
Airlines
Corporation
Limited
provides
domestic,
Hong
Kong
regional
and
international
passenger,
cargo
and
mail
airline
services
in
China
through
53
Airbus
and
Boeing-MD
jet
aircraft
(as
of
12/98).
For
the
fiscal
year
ended
12/31/00,
total
revenues
rose
10%
to
RMB11.22
billion.
Net
income
according
to
U.S.
GAAP
totaled
RMB734.4
million,
up
from
RMB319.8
million.
Results
reflect
higher
passenger
and
cargo
traffic
volumes,
higher
gross
profit
and
lower
debt
levels. | More
from
Market Guide: Significant
Developments |
| Officers | |
| Position | Zhongming Li, 59 | Chairman | Zhejiang Shen, 47 | Pres | Xiong Zhong, 54 | VP | Yulin Wu, 51 | VP | Zhuping Luo, 47 | Sec. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|