China Eastern Airlines Co., Ltd. (00670) announced results for the first quarter of 2024, with revenue of 33.189 billion...
According to the Zhitong Finance App, China Eastern Airlines Co., Ltd. (00670) announced results for the first quarter of 2024, with operating income of 33.189 billion yuan, up 48.96% year on year; net loss attributable to shareholders of listed companies was about 803 million yuan, narrowing by 79.09% year on year; basic loss per share was 0.04 yuan.
According to the announcement, the narrowing of losses was mainly due to the company's efforts to seize recovery opportunities in the aviation market, increase capacity investment, continuously optimize routes and resource allocation, strengthen cost control, increase air transport revenue, and improve business performance significantly over the same period.