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*[[Qantas]] ([[Oneworld]])
*{{flagicon|Australia}} [[Qantas]] ([[Oneworld]])
*[[Shanghai Airlines]] ([[SkyTeam]] from 2011)
*{{flagicon|China}} [[Shanghai Airlines]] ([[SkyTeam]] from 2011)
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Revision as of 03:57, 12 December 2010

China Eastern Airlines
中国东方航空公司
Zhōngguó Dōngfāng Hángkōng Gōngsī
File:China Eastern Airlines logo.png
IATA ICAO Callsign
MU CES CHINA EASTERN
Founded1988
Hubs
Focus cities
Frequent-flyer programEastern Miles
AllianceSkyTeam (future)
Fleet size263 passenger
14 cargo
Destinations103
HeadquartersShanghai Hongqiao International Airport
Shanghai, China
Key peopleLiu Shaoyong (Chairman)
Websitewww.flychinaeastern.com

China Eastern Airlines Corporation Limited (simplified Chinese: 中国东方航空股份有限公司 or 中国东航; traditional Chinese: 中國東方航空; pinyin: zhōngguó dōngfāng hángkōng gǔfèn yǒuxiàn gōngsī) (SSE: 600115 SEHK: 670 NYSE: CEA) is an airline headquartered on the grounds of Shanghai Hongqiao International Airport in Changning District, Shanghai, China.[1] It is a major Chinese airline operating international, domestic and regional routes. Its main base is Shanghai Pudong International Airport, with a hub at Shanghai Hongqiao International Airport.[2]. China Eastern Airlines is China's second-largest carrier by passenger numbers and the world’s third-biggest carriers by market value. The airline posted a net profit of CNY2.21 billion ($326.7 million) for the first half of 2010. On 16 April 2010, China Eastern Airlines announced an initial agreement to join Skyteam.[3][4]

History and Development

File:China Eastern A333 Hongqiao.jpg
China Eastern Airlines Airbus A330-300

The airline was established on 25 June 1988, under the CAAC Huadong Administration. In 1997, China Eastern took over the unprofitable China General Aviation and also became the country's first airline to offer shares on the international market. It founded China Cargo Airlines in a joint venture with COSCO in 1998. In March 2001, it completed the takeover of Great Wall Airlines.[2] China Yunnan Airlines and China Northwest Airlines merged into China Eastern Airlines in 2003.

The Chinese government has a majority ownership stake in China Eastern Airlines (61.64%), while some shares are publicly held (H shares, 32.19%); A shares, 6.17%). On April 20, 2006, the media broke the news of a possible sale of up to 20% of its stake to foreign investors, including Singapore Airlines, Emirates Airline and Japan Airlines, with Singapore Airlines confirming that negotiations were underway.[5][6]

After receiving approval from the State Council of China, it was announced that on September 2, 2007, Singapore Airlines and Temasek Holdings (holding company which owns 55% of Singapore Airlines) would jointly acquire shares of China Eastern Airlines.[7][8] On November 9, 2007, investors signed a final agreement to buy a combined 24% stake in China Eastern Airlines: Singapore Airlines will own 15.73% and Temasek Holdings - 8.27% stake in the airline.[9] Singapore Airlines' pending entry into the Chinese market prompted the Hong Kong carrier Cathay Pacific to attempt to block the deal by buying a significant stake in China Eastern and voting down the deal together with Air China (which already holds an 11% stake in China Eastern) at the shareholders' meeting in December 2007.[10][11] However on September 24 Cathay Pacific announced that it had abandoned such plans.[12]

File:China Eastern Airlines A320-200.jpg
China Eastern Airlines Airbus A320-200

Air China's parent company, the China National Aviation Corporation, a state-owned company, announced in January 2008 that it would offer 32% more than Singapore Airlines for the 24% stake in China Eastern, potentially complicating the deal that Singapore Airlines and Temasek had proposed.[13] However, minority shareholders declined the offer made by Singapore Airlines. It is thought that this is due to the massive effort made by Air China to buy the 24% stake.[14]

On 11 June 2009, it was announced that China Eastern Airlines would merge with Shanghai Airlines.[15] The merger of China Eastern and Shanghai Airlines was expected to reduce excess-competition between the two Shanghai-based carriers and to consolidate Shanghai's status as an international aviation hub. In February 2010, the merger was completed. Shanghai Airlines became the wholly-owned subsidiary of China Eastern Airlines.However,Shanghai Airlines will retain its brand and livery.The new airlines is expected to have over half of the market share in Shanghai, the financial hub of China.

Destinations

File:China Eastern Airlines A340-600.jpg
China Eastern Airlines Airbus A340-600
Main article: China Eastern Airlines destinations

China Eastern Airlines has a strong presence on routes in Asia, North America and Australia. The airline keeps deepening its exploration of domestic market potential as it boosts flight frequencies from Shanghai to other chinese cities. The airline is also accelerating the pace of international expansion by increasing flight frequencies to international destinations. In 2007, it began operations to New York from Shanghai, making it the longest nonstop route for the airline. On November 22, China Eastern Airlines started a seasonal service on a Shanghai - Brisbane route, flying twice per week. In addition, the carrier is planning to launch service to Rome and hopes to open more routes to Europe, US and Australia.

File:China Eastern's Business Class on Airbus A330-300.jpg
China Eastern's Business Class on Airbus A330-300

Codeshare agreements

As of January 2010, China Eastern Airlines had codeshare agreements with the following airlines\:

Passenger fleet

China Eastern Airlines is an important customer of Airbus. It was the first Chinese carrier to have ordered from the manufacturer. The backbone of the fleet is the A320 series, which are primarily used for domestic flights. In 2005, China Eastern Airlines placed an order for 15 Boeing 787s. However, the airline is now considering canceling its order owing to the program's continuous delays.[16]

China Eastern Airlines's fleet includes the following aircraft (as of November 2010):

China Eastern Airlines Fleet[17]
Aircraft Total Orders Passengers
P J Y Total
Airbus A300-600R
7
0
0 24 250
274
Airbus A319-100
15
0
0 8 114
122
Airbus A320-200
94
32
0 8 150
158
Airbus A321-200
18
0
0 20 157
177
Airbus A330-200
5
0
0 24 240
264
Airbus A330-300
15
16
0 38 260
298
Airbus A340-300
5
0
12 28 247
287
Airbus A340-600
5
0
8 42 272
322
Boeing 737-300
16
0
0 8 120
128
Boeing 737-700
43
0
0 8 126
134
Boeing 737-800
19
0
0 8 162
170
Boeing 767-300ER
3
0
0 45 200
245
Boeing 787-8
0
15
TBA
Bombardier CRJ200
5
0
0 0 50
50
BAe 146-300
3
0
0 0 70
70
Comac C919
0
20
TBA
Embraer ERJ 145
10
0
0 0 50
50
Total
263
83

Eastern Miles

File:Eastern Miles logo.jpg
Eastern Miles logo

China Eastern Airlines's frequent-flyer program is called Eastern Miles (simplified Chinese: 东方万里行; traditional Chinese: 東方万里行). Shanghai Airlines, China Eastern's subsidiary, is also part of the program. Enrollment is free of charge. Eastern Miles members can earn miles on flights as well as through consumption with China Eastern's credit card. When enough miles are collected, members can be upgraded to VIP. VIP memberhip of Eastern Miles can be divided into two tiers: Golden Card membership and Silver Card membership. VIP membership can enjoy extra privileged services.[18]

Eastern Miles VIP Membership Tiers
Tier Level Benefits Requirements
Gold
  • Priority seat reservation 48 hours before flight takeoff
  • Priority for waitlisting and class upgrade
  • First Class Lounge Access with a companion
  • Extra Luggage Allowance: 40kg for domestic flights and 20kg for international flights
  • Priority baggage handling with First Class tag
  • Usage of check-in formalities at First Class Counter with a companion

180000 Elite Points

Silver
  • Priority seat reservation 72 hours before flight takeoff
  • Priority for waitlisting and class upgrade
  • Business Class Lounge Access
  • Extra Luggage Allowance: 20kg for domestic flights and 10kg for international flights
  • Priority baggage handling with Business Class tag
  • Usage of check-in formalities at Business Class Counter

100000 Elite Points

Cargo

File:China Cargo Airlines B777F.jpg
China Cargo Airlines Boeing B777F

After the merger with Shanghai Airlines, China Eastern Airlines signaled that it would combine the two carriers' cargo subsidiaries as well. The airline's new subsidiary cargo carrier, consisting of the assets of China Cargo Airlines, Great Wall Airlines and Shanghai Airlines Cargo, will commence operations in 2011 from its base in Shanghai, China's largest air cargo market.[19] China Eastern Airlines signed a strategic co-operation framework agreement with Shanghai Airport Group, which controls both Shanghai Hongqiao International Airport and Shanghai Pudong International Airport. The airline will allocate more capacity to Pudong Airport to open more international routes and boost flight frequencies on existing international and domestic trunk routes.

China Cargo Airlines

Main article: China Cargo Airlines

China Eastern Airlines's cargo subsidiary, China Cargo Airlines, is China's first all-cargo airline operating dedicated freight services using China Eastern Airlines' route structure. The cargo airline carries the same logo of China Eastern Airlines.

China Cargo Airlines Fleet
Aircraft Total Orders
Airbus A300-600RF 4 —
Boeing 747-400ERF 2 —
McDonnell Douglas MD-11F 4 —
Boeing 777-200F 4 —
Total 14 0

Incidents and accidents

See also

References

  1. ^ "China Eastern Airlines Corp. Ltd. (CEA)." Yahoo! Finance. Retrieved on October 3, 2009.
  2. ^ a b "Directory: World Airlines". Flight International. 2007-04-03. p. 64.
  3. ^ China Eastern to join SkyTeam, SkyTeam press release, 16 April 2010
  4. ^ China Eastern backs SkyTeam partnership, China Daily, 17 April 2010
  5. ^ Shanghai Daily
  6. ^ Channel News Asia
  7. ^ SIA approved to buy into China Eastern Flight Global, 31/08/07
  8. ^ "SIA, China Eastern Airlines announce strategic tie-up". Channel NewsAsia. September 2, 2007. Retrieved 2007-09-02. {{cite news}}: Cite has empty unknown parameter: |coauthors= (help)
  9. ^ "Singapore Airlines, Temasek sign China Eastern deal". Channel NewsAsia. November 9, 2007. Retrieved 2007-11-09. {{cite news}}: Unknown parameter |coauthors= ignored (|author= suggested) (help)
  10. ^ "Cathay Pacific to try and block Singapore Airlines: report". Agence France-Presse. Channel NewsAsia. September 22, 2007. Retrieved 2007-09-22. {{cite news}}: Cite has empty unknown parameter: |coauthors= (help)
  11. ^ http://news.bbc.co.uk/chinese/trad/low/newsid_7000000/newsid_7009900/7009931.stm Chinese
  12. ^ Cathay Pacific abandons China Eastern plan
  13. ^ FT.com / Companies / Transport - Air China pursues China Eastern stake
  14. ^ Anderlini, Jamil (2008-01-08). "Shareholders reject Singapore Air offer". FT.com. Retrieved 2008-01-08.
  15. ^ http://news.xinhuanet.com/english/2009-07/12/content_11697906.htm
  16. ^ http://atwonline.com/aircraft-engines-components/news/china-eastern-considers-canceling-15-787s-1129 29.11.2010
  17. ^ http://www.planespotters.net/Airline/China-Eastern-Airlines
  18. ^ http://www.easternmiles.com/uk/index.jsp
  19. ^ http://atwonline.com/airline-finance-data/news/new-china-eastern-cargo-carrier-launch-jan-1-shanghai-0929 September 30, 2010
  20. ^ ASN Aircraft accident McDonnell Douglas MD-11 B-2173 Shanghai-Hongqiao Airport (SHA)
  21. ^ Aviation Week & Space Technology Vol. 169 No. 16, 27 Oct. 2008, "Rerouted", p. 18
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