China Eastern Airlines released its performance forecast for the first half of 2024, expecting a net loss of approximately RMB 2.4 billion to 2.9 billion, with a net loss of about RMB 2.7 billion to 3.2 billion after deducting non-recurring gains and losses. This forecast covers the period from January 1, 2024 to June 30, 2024. Compared with the same period last year, the company's losses have decreased. The net loss for the first half of 2023 was RMB 6.249 billion. The company said that the improvement in performance mainly benefited from the global economic recovery and domestic economic growth, the increase in demand for air travel, and the active optimization of the airline network layout and service quality by the company. However, due to factors such as the...Show More

China Eastern Airlines released its performance forecast for the first half of 2024, expecting a net loss of approximately RMB 2.4 billion to 2.9 billion, with a net loss of about RMB 2.7 billion to 3.2 billion after deducting non-recurring gains and losses. This forecast covers the period from January 1, 2024 to June 30, 2024. Compared with the same period last year, the company's losses have decreased. The net loss for the first half of 2023 was RMB 6.249 billion. The company said that the improvement in performance mainly benefited from the global economic recovery and domestic economic growth, the increase in demand for air travel, and the active optimization of the airline network layout and service quality by the company. However, due to factors such as the incomplete recovery of some international market capacity and the intensification of domestic market competition, the company's performance in the first half of the year still suffered losses. The company emphasized that the financial data involved in this performance forecast has not been audited, and the final data will be disclosed in the official semi-annual report.