China Eastern Airlines Corporation Limited · Shanghai China ·(NYSE: CEA)
Company Description
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This link will open in a new window One of China's three largest airline companies (along with Air China and China Southern Airlines ), China Eastern Airlines (CEA) transports passengers and cargo to about 135 destinations in China and another 40-plus locations in more than 15 other countries. The carrier operates a fleet of more than 220 aircraft, including Airbus and Boeing models. CEA's primary hub is in Shanghai; the company also maintains bases in northwestern and southwestern China. CEA Holding, a company owned by the Chinese government, owns a controlling stake in the airline. In mid-2009, the company announced it was acquiring smaller rival Shanghai Airlines in a deal worth $1.3 billion. To read the full description, subscribe now.
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Key China Eastern Airlines Corporation Limited Financials
| Company Type | Public - NYSE: CEA Headquarters |
| Fiscal Year-End | December |
| 2008 Sales (mil.) | $6,090.6 |
| 2008 Employees | 44,153 |
Competition
Competitive Landscape for China Eastern Airlines Corporation Limited
Demand is driven by domestic manufacturing output and levels of international trade. The profitability of individual companies depends on efficient operations, extensive relationships in shipper and carrier networks, and industry expertise. Large companies have advantages in account relationships and access to advanced logistics technologies. Small operations can compete effectively by serving a local market, specializing in cargo transfer with specific countries, and facilitating the transport of unusual goods. Average annual revenue per employee is $170,000. To read the full description, subscribe now.Top China Eastern Airlines Corporation Limited Competitors
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