Edgar Filing: CHINA EASTERN AIRLINES CORP LTD

Form 6-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 6-K

Report of Foreign Private Issuer

Pursuant to Rule 13a-16 or 15d-16

under the Securities Exchange Act of 1934

For the month of March 2018

Commission File Number: 001-14550

China Eastern Airlines Corporation Limited

(Translation of Registrant’s name into English)

Board Secretariat’s Office

Kong Gang San Lu, Number 88

Shanghai, China 200335

(Address of principal executive offices)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F: ☒ Form 20-F ☐ Form 40-F

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ☐

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ☐

Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934: ☐ Yes ☒ No

If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): n/a

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.


	China Eastern Airlines Corporation Limited
	(Registrant)

Date March 16, 2018	By	/s/ Wang Jian
	Name:	Wang Jian
	Title:	Company Secretary

Certain statements contained in this announcement may be regarded as “forward-looking statements” within the meaning of the U.S. Securities Exchange Act of 1934, as amended. Such forward-looking statements involve known and unknown risks, uncertainties and other factors, which may cause the actual performance, financial condition or results of operations of the Company to be materially different from any future performance, financial condition or results of operations implied by such forward-looking statements. Further information regarding these risks, uncertainties and other factors is included in the Company’s filings with the U.S. Securities and Exchange Commission. The forward-looking statements included in this announcement represent the Company’s views as of the date of this announcement. While the Company anticipates that subsequent events and developments may cause the Company’s views to change, the Company specifically disclaims any obligation to update these forward-looking statements, unless required by applicable laws. These forward-looking statements should not be relied upon as representing the Company’s views as of any date subsequent to the date of this announcement.

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

LOGO

INSIDE INFORMATION

OVERSEAS REGULATORY ANNOUNCEMENT

ANNOUNCEMENT ON OPERATING DATA FOR FEBRUARY 2018

This overseas regulatory announcement is made pursuant to Rule 13.09 and Rule 13.10B of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (“Listing Rules”) and the Inside Information Provisions (as defined under the Listing Rules) under Part XIVA of the Securities and Futures Ordinance.

The Company and all members of the board of directors confirm that the information contained in this announcement is true, accurate and complete, and no misrepresentations, misleading statements or material omissions are contained herein.

I.	OPERATING DATA


	Estimated amount completed in February 2018		Actual amount completed in February 2017		Year-on-year increase			Total estimated amount completed in January to February 2018		Total actual amount completed in January to February 2017		Year-on-year increase
Passenger Transportation Data
ASK (available seat — kilometres) (millions)		19,665.18		17,137.27		14.8	%		39,132.12		35,841.65		9.2	%
— Domestic routes		12,232.92		10,839.67		12.9	%		24,273.37		22,360.81		8.6	%
— International routes		6,936.53		5,839.43		18.8	%		13,870.24		12,521.12		10.8	%
— Regional routes		495.73		458.17		8.2	%		988.52		959.71		3.0	%


	Estimated amount completed in February 2018		Actual amount completed in February 2017		Year-on-year increase			Total estimated amount completed in January to February 2018		Total actual amount completed in January to February 2017		Year-on-year increase
RPK (revenue passenger — kilometres) (millions)		16,278.89		14,158.78		15.0	%		31,629.22		29,449.22		7.4	%
— Domestic routes		10,140.15		9,111.55		11.3	%		19,768.73		18,490.72		6.9	%
— International routes		5,723.98		4,687.00		22.1	%		11,060.03		10,203.74		8.4	%
— Regional routes		414.76		360.23		15.1	%		800.46		754.77		6.1	%

Number of passengers carried (thousands)		9,513.72		8,597.60		10.7	%		18,620.58		17,528.04		6.2	%
— Domestic routes		7,789.17		7,096.26		9.8	%		15,348.26		14,389.93		6.7	%
— International routes		1,421.24		1,231.98		15.4	%		2,684.08		2,572.74		4.3	%
— Regional routes		303.32		269.36		12.6	%		588.24		565.38		4.0	%

Passenger load factor (%)		82.78		82.62		0.16	pts		80.83		82.16		–1.34	pts
— Domestic routes		82.89		84.06		–1.17	pts		81.44		82.69		–1.25	pts
— International routes		82.52		80.26		2.25	pts		79.74		81.49		–1.75	pts
— Regional routes		83.67		78.62		5.04	pts		80.98		78.65		2.33	pts

Freight Transportation Data AFTK (available freight tonne — kilometres) (millions)		679.30		514.27		32.1	%		1,320.21		1,092.80		20.8	%
— Domestic routes		250.79		189.06		32.6	%		473.79		385.92		22.8	%
— International routes		410.89		310.61		32.3	%		814.22		676.40		20.4	%
— Regional routes		17.62		14.60		20.7	%		32.21		30.48		5.7	%

RFTK (revenue freight tonne — kilometres) (millions)		168.00		150.65		11.5	%		380.11		344.53		10.3	%
— Domestic routes		60.40		58.94		2.5	%		142.28		140.29		1.4	%
— International routes		105.44		89.42		17.9	%		232.70		199.36		16.7	%
— Regional routes		2.16		2.29		–5.7	%		5.13		4.88		5.1	%

Weight of freight carried (million kg)		61.77		57.88		6.7	%		142.31		135.66		4.9	%
— Domestic routes		44.61		42.23		5.6	%		104.75		101.83		2.9	%
— International routes		15.34		13.67		12.2	%		33.20		29.60		12.2	%
— Regional routes		1.82		1.98		–7.7	%		4.36		4.23		3.0	%


	Estimated amount completed in February 2018		Actual amount completed in February 2017		Year-on-year increase			Total estimated amount completed in January to February 2018		Total actual amount completed in January to February 2017		Year-on-year increase
Freight load factor (%)		24.73		29.29		–4.56	pts		28.79		31.53		–2.74	pts
— Domestic routes		24.08		31.18		–7.09	pts		30.03		36.35		–6.32	pts
— International routes		25.66		28.79		–3.13	pts		28.58		29.47		–0.89	pts
— Regional routes		12.25		15.68		–3.43	pts		15.94		16.03		–0.09	pts

Consolidated Data ATK (available tonne — kilometres) (millions)		2,449.16		2,056.63		19.1	%		4,842.10		4,318.55		12.1	%
— Domestic routes		1,351.75		1,164.63		16.1	%		2,658.39		2,398.40		10.8	%
— International routes		1,035.18		836.16		23.8	%		2,062.54		1,803.30		14.4	%
— Regional routes		62.23		55.83		11.5	%		121.17		116.85		3.7	%

RTK (revenue tonne — kilometres) (millions)		1,572.32		1,395.83		12.6	%		3,140.00		2,932.66		7.1	%
— Domestic routes		935.31		861.42		8.6	%		1,868.28		1,767.14		5.7	%
— International routes		599.19		500.55		19.7	%		1,196.94		1,094.51		9.4	%
— Regional routes		37.82		33.86		11.7	%		74.78		71.01		5.3	%

Overall load factor (%)		64.20		67.87		–3.67	pts		64.85		67.91		–3.06	pts
— Domestic routes		69.19		73.96		–4.77	pts		70.28		73.68		–3.40	pts
— International routes		57.88		59.86		–1.98	pts		58.03		60.69		–2.66	pts
— Regional routes		60.77		60.65		0.11	pts		61.71		60.77		0.94	pts

Note: Please

refer to the latest annual report or interim report of the Company for the definitions of indicators.

II.

FLEET STRUCTURE

In February 2018, China Eastern Airlines Corporation Limited (the “Company”) did not introduce or retire any aircraft. As at the end of February 2018, details of the fleet structure of aircraft of the Company are as follows:

(Units)


No.	Model	Self-owned		Under finance lease		Under operating lease		Sub-total
	Wide-body passenger aircraft		30		43		10		83
1	B777-300ER		9		11		0		20
2	B767		4		0		0		4
3	A330-200		15		15		3		33
4	A330-300		2		17		7		26

	Narrow-body passenger aircraft		218		192		134		544
5	B737-700		42		13		0		55
6	B737-800		46		62		84		192
7	A319		13		20		2		35
8	A320		79		52		48		179
9	A321		38		39		0		77
10	B737-8MAX		0		6		0		6
	Total		248		235		144		627

Note:

The ten business aircraft held under trust of the Company were not included in the fleet.

III.

BRIEF EXPLANATION ON OPERATING DATA

In relation to passenger traffic, passenger transportation capacity (measured by available seat- kilometres) of the Company in February 2018 increased by 14.8% year-on-year, passenger traffic volume (measured by revenue passenger-kilometres) increased by 15.0% year-on-year, and passenger load factor increased by 0.16 percentage points to 82.78% year-on-year.

In relation to freight traffic, as the Company completed the disposal of the entire equity interest in Eastern Air Logistics Co., Ltd.* ( 東方航空物流有限公司 ) to Eastern Airlines Industry Investment Company Limited* ( 東方航空產業投資有限公司 ) (a wholly-owned subsidiary of China Eastern Air Holding Company Limited* ( 中國東方航空集團有限公司 ), the controlling shareholder of the Company) in early February 2017, the freight data and consolidated monthly data of the Company since February 2017 and subsequent months shall not include the freight data of all freighters, but only freight data of bellyhold space in passenger aircraft. Freight transportation capacity (measured by available freight tonne-kilometres) of the Company in February 2018 increased by 32.1% year-on-year. Freight traffic volume (measured by revenue freight tonne-kilometres) increased by 11.5% year-on-year, while freight load factor decreased by 4.56 percentage points to 24.73% year-on-year.

In February 2018, the Company introduced domestic routes such as Nanjing-Yibin and Nanjing-Lianyungang-Hohhot.

IV.

RISK ALERT

The board of directors of the Company hereby reminds investors that the operating data set forth above was compiled in accordance with the Company’s internal information which has not been audited and may be subject to adjustment. The operating data set forth above may differ from the data disclosed in any regular report for the relevant period. The Company reserves its rights to adjust the operating data based on audit findings and the actual situation. The monthly operating data disclosed by the Company only serves as preliminary and periodical data for investors’ reference. Investors are hereby reminded of the investment risks which may result from inappropriate reliance upon or utilization of the information above.

The data set forth above is published on the website of the Shanghai Stock Exchange (www.sse.com.cn), the website of The Stock Exchange of Hong Kong (www.hkex.com.hk) and the column “Investor Relations” on the website of the Company (www.ceair.com).

By order of the Board

CHINA EASTERN AIRLINES CORPORATION LIMITED

Wang Jian

Company Secretary

Shanghai, the People’s Republic of China

15 March 2018

*	for identification purpose only

As at the date of this announcement, the directors of the Company include Liu Shaoyong (Chairman), Ma Xulun (Vice Chairman, President), Li Yangmin (Director, Vice President), Gu Jiadan (Director), Tang Bing (Director, Vice President), Tian Liuwen (Director, Vice President), Yuan Jun (Employee Representative Director), Li Ruoshan (Independent non-executive Director), Ma Weihua (Independent non-executive Director), Shao Ruiqing (Independent non-executive Director) and Cai Hongping (Independent non-executive Director).