China Eastern Airlines Corporation Limited (CHEAF)
China Eastern Airlines Corporation Limited operates in the Airlines, Airports & Air Services industry of the Industrials sector, headquartered in Shanghai, SH, CN. The stock last traded at $0.37, down 7.01% on the session, giving a market capitalisation of $10.64B. On trailing twelve-month figures it carries a trailing P/E of 81.67, a net margin of 0.7%. Its beta of 0.45 implies it has historically moved less than the broad market.
Headquartered in Shanghai, China Eastern Airlines Corporation Limited is a prominent player in the civil aviation sector, serving customers across the People's Republic of China, Hong Kong, Macau, Taiwan, and numerous international destinations. Established in 1988, the company's primary offerings encompass air travel for passengers, freight transport, and mail delivery. Beyond these core operations, its diverse activities extend to ground handling, tour package facilitation, in-flight catering, and various other related services. Furthermore, China Eastern Airlines is involved in specialized areas such as pilot training, aircraft upkeep, import/export trade, strategic investments, aircraft leasing, consultancy, aviation technology research and development, and the provision of e-commerce platforms and ticket booking agents. As of December 31, 2021, its extensive fleet comprised 758 aircraft, consisting of 752 passenger jets and 6 business-class planes.
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