China Eastern Airlines 2012 - A snapshot

2012 in review:

OPERATIONAL REVENUES

• 10 branches and 50 overseas operation units and offices
• 24 wholly or partly owned subsidiaries
• total traffic volume of the Group: 14,406.48 million tonne-kilometres representing an increase of 7.49% on the previous year
• Revenue of RMB85253 million 
• Total Profit of RMB2,808 million
•  50.20% Market share at  Hongqiao International Airport and 38.40% at Pudong International Airport
• Revenue of RMB85,253 million - an increase of 3.46% on the previous year.
• Passenger traffic volume up 8.14% on the previous year
• Decrease in revenue from cargo and mail traffic by 0.67%
• Cargo and mail traffic volume increased by 6.34% from the previous year.

OPERATIONAL EXPENSES

•  Total operating costs of RMB82,745 million up 4.35% on previous year
• Total Fuel consumption up 7.22% on previous year (4,177,700 tonnes) (Note: price of jet fuel increased by 2.14% on previous year).
• Take off and landing charges increased by 8.57% (Due to increase in flight frequencies and rising in average unit price of charges).
• Depreciation and amortisation up 8.49%
• Wages, salaries and benefits amounted to RMB10,059 million - up 16.09%
• Aircraft operating lease rentals increased by 7.5%
• 23.83% increase in other operating lease rentals for warehouses and VIP lounges at airports.
• 0.33% decrease in sales and marketing expenses.

PROFIT

• Profit attributable to the equity shareholders of the Company was RMB2,954 million representing a decrease of 35.45% on the previous year (RMB4,576 million in 2011)

Looking at the above figures it can be seen that there has been an increase in both revenue and a rather significant decrease in profits, Revenue and Volume of passenger traffic have increased  while cargo carrying volume increased but the revenue created decreased slightly.

Sourced from the 2012 Annual Report