CHINA EAST AIR (00670) announced its full-year results for the period ending December 31, 2025. The group recorded revenue of RMB 139.941 billion, an increase of 5.92% year-on-year. The loss attributable to shareholders was RMB 1.633 billion, narrowing by 61.36% compared to the previous year. The loss per share was RMB 0.11.
Throughout 2025, the company made concerted efforts across safety operations, market management, cost control, and brand services, driving new progress and achievements in various tasks. For the full year, the company safely flew 2.7462 million hours and 1.0504 million flight segments, representing year-on-year increases of 5.12% and 2.05%, respectively. Total traffic turnover reached 27.981 billion ton-kilometers, and passenger traffic reached 150 million人次, increasing by 10.82% and 6.67% year-on-year, respectively. Operating revenue amounted to RMB 1,399.41 billion, a 5.92% increase, and pre-tax profit was RMB 274 million, achieving a turnaround to profitability.
The company remained focused on its core responsibilities and main business, prioritizing market expansion and efficiency improvements. Traffic turnover, passenger volume, and cargo and mail volume all reached record highs, leading to a significant improvement in operating performance.
Adhering to its "Three Flights" strategy, the company strengthened the construction of its hub network. It maintained a focus on long-haul, international, and emerging market flights, continuously enhancing its hubs and optimizing its domestic and international route networks. Internationally, it launched 24 new international routes, bringing the total number of international (and regional) routes to 249, covering 40 countries and 93 overseas destinations, making it the domestic airline with the most international points served. It established long-haul international routes such as Shanghai Pudong to London, Sydney, Moscow, and Paris, as well as international express and semi-express routes to destinations like Japan, South Korea, Singapore, Malaysia, and Thailand. The launch of the "Shanghai-Auckland-Buenos Aires" route strategically opened a "Southern Corridor," establishing an efficient "Air Silk Road" connecting China and South America.
Domestically, the company continued to strengthen the construction of hub flight banks. In 2025, the number of passengers transiting through Shanghai increased by 17.5% year-on-year, and Shanghai's market share rose to 43%. Market shares at hubs such as Beijing, Xi'an, and Kunming further increased. The number of domestic "air express" routes expanded to 47, enhancing the competitive advantage of its hubs. The establishment of branch companies in Northeast China and Xinjiang, along with bases in Chongqing and Fuzhou, contributed to the gradual formation of a route network characterized by "smooth North-South connections and seamless East-West links."
The company maintained refined control over yields, steadily improving operational quality. It established a coordinated yield enhancement mechanism, strengthening collaboration between headquarters and sales units to form a closed-loop yield management system. It accelerated the development and application of digital tools, advancing fare automation and capacity coordination systems. Smart cabin control covered 60% of domestic flights, significantly enhancing the effectiveness of digital yield management. By strengthening analysis of international passenger flows, managing cabin classes, tapping into the high-value potential of transit passengers, and innovating international business and first-class products, the company achieved both volume and price increases in the international market, leading to a notable enhancement in profitability.
The company persisted in expanding the "Aviation+" model and broadening product marketing channels. It conducted themed activities for the "Civil Aviation Service Boosts Consumption Year" and launched innovative products such as "China PASS" and "Shanghai PASS." It expanded into new channels and increased revenue through in-flight connectivity. Its "Museum Premium" product served over 100,000 passengers. The company continued to deepen intermodal transport, with air-rail, air-bus, and air-water services serving over 2.65 million passengers annually, maintaining an industry-leading position.
The company maintained passenger-cargo synergy to enhance belly-hold revenue from passenger aircraft. Seizing opportunities in cargo demand, it deepened its presence in Europe, expanded into Southeast Asia, and vigorously developed markets along the "Belt and Road" initiative. By introducing a seasonal pre-sale model and optimizing belly-hold cargo loading efficiency, it achieved annual belly-hold revenue of RMB 5.457 billion, an increase of 2.36% year-on-year.
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