China Eastern Airlines*** is a major state-owned airline in China and one of the largest airlines in the world. Judging from its 2023 performance forecast, although China Eastern Airlines is still facing losses in 2023, its overall performance is improving. Specifically, China Eastern Airlines' production in 2023 will increase significantly, its performance will be significantly reduced, and its passenger traffic will reach 11.6 billion person-times, a year-on-year increase of 17203%, and the load factor reached 7441%, an increase of 10 year-on-year71 percentage points. In addition, China Eastern has also achieved significant growth in international passenger traffic.
It is worth mentioning that in 2023, China Eastern Airlines, as the world's first user of C919, has safely flown more than 1,900 hours on the first flight of the C919. However, China Eastern Airlines also faces some challenges, such as its geographical location in the middle, short flight range, and the impact of high-speed rail; The international market has a great impact and is adversely affected by the international environment; Logistics has been stripped away, and a piece of profit is missing**; The market is highly competitive, etc.
Despite this, China Eastern Airlines still has the advantages of industrial layout, fine management and market recovery.
Advantage. In the future, China Eastern will continue to strengthen refined management and improve efficiency, especially in terms of market recovery. The Spring Festival in 2024 will be the busiest in history, and China Eastern Airlines has made full arrangements. To sum up, China Eastern Airlines has achieved good results in 2023, and its future performance is worth looking forward to.