China Eastern Airlines Corp Ltd ADR
China Eastern Airlines Corp Ltd ADR
Sector: Industrial
Description
China Eastern Airlines Corp is a public company that is engaged in aircraft.
The company, incorporated in 1995, is domiciled in Shanghai, China.
It claims to be the first Chinese airline company that is listed on the stock exchanges of Shanghai, New York and Hong Kong.
It is considered to be one of the three major Chinese airlines that traces to be the squadron in 1975.
The company provides air freight, air catering, passenger transport and various other related services.
The US-based company is a NYSE-listed firm with ‘CEA’ as ticker.
The firm’s American Depository Shares are traded on the stock exchange. ADRs represents non-US company’s securities that are traded in the stock market of the United States.
China Eastern Airlines claims to be a member of the Sky Team Alliance and has around 1,036 destinations in 170 regions and countries.
It owns two domestic hubs in Shanghai and Beijing along with four airports and various regional hubs in Kunming, Xian, etc. Presently, the airline company operates through 111 overseas and domestic branches across the globe.
The Chinese company aims to provide high quality and best aviation transport services to its customers and claims to have achieved zero accident rates in 10 years.
Furthermore, it claims to actively participate in relief mission and humanitarian relief for freight transport and their passengers.
On its official website, users can book flights and hotels. In addition, the website facilitates online seat selection service, wherein the customers can select the seats according to their choice and preferences.
The company conducts business through various affiliates such as Sichuan Airlines, Eastern Airlines Hotel Co. Ltd, Shanghai Airlines, Joy Air, China United Airlines, OTT Airlines, China Cargo Airlines, Jiangsu Airlines, and Shanghai Airlines Tours International Co Ltd.
The airline company claims to serve over 100 million passengers across the globe.
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