Gelonghui November 8th | Everbright research reports pointed out that China Eastern Airlines Corporation (600115.SH) Q3 net income attributable to shareholders decreased by 28% year-on-year, focusing on supply and demand and the pace of cost improvement. Influenced by the sluggish demand for crude oil products, the central price of oil is expected to decline in 2025, thereby improving the cost pressure of airlines. At the same time, airlines are expected to reduce unit non-oil costs through lean cost control, closely monitoring the pace of cost improvement for airlines. Still bullish on the pace of recovery in airline market demand, as well as the profit improvement of airlines under the rigid constraints of medium-term supply, thus maintaining a "shareholding" rating on the company.