China Eastern Airlines
China Eastern Airlines the total assets of Eastern Airlines have surpassed CNY
Based in Shanghai, China Eastern Airlines is one of the three state-owned air transport enterprises, and its predecessor could be traced back to Shanghai's first squadrons in January 1957. By the end of 2019, the total assets of Eastern Airlines have surpassed CNY 350 billion, keep promoting its industrial restructuring and upgrading. Moreover, it aims to build a three-pillar industry for full service, low cost and logistics, a '3+5' industrial structure layout about aircraft maintenance, aircraft meal, innovative technology platform, financial platform and industrial investment platform. With SKYTEAM's support, it has built a route network based in Shanghai, connecting 175 global firms and 1150 destinations, and its annual volume of passenger has surpassed 0.13 billion, the world's top ten.
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During the epidemic, massive airlines went broke worldwide, and some tourism-focused economies such as Cambodia lost a major income source. There is a well-known relationship between tourism and the aviation industry. Normally, once tourism recovers, so do airlines.
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