Core Points - China Eastern Airlines is set to upgrade its "pet in cabin" service starting September 1, expanding coverage to 31 airports and 110 popular routes, allowing more travelers to travel with their pets [1][3] Group 1: Service Expansion - The upgrade includes the addition of 93 new routes, featuring popular destinations such as Sanya, Dalian, Changsha, Urumqi, Harbin, and Shenyang, as well as cross-regional routes like Shenyang-Nanjing and Kunming-Shanghai [3] - The application process has been optimized, allowing travelers to submit requests online via the Eastern Airlines app or mini-program 24 hours before flight departure [3] Group 2: Service Features - Successful applicants can travel with their pets in the cabin, with dedicated service counters and professional cabin transport services provided [3] - Each flight can accommodate a maximum of 2 pets, with each traveler allowed to carry only 1 pet, and specific requirements for pet documentation and care are outlined [3] Group 3: Industry Trends - The trend of airlines competing for pet-friendly services is noted, with multiple airlines, including China Southern Airlines and Hainan Airlines, also piloting or upgrading similar services [6]

Investment Rating - The report recommends a "Buy" rating for the aviation sector, highlighting potential long-term benefits from the civil aviation authority's "anti-involution" policy and the expected recovery in airline revenues [90][91]. Core Insights - The global aviation market is experiencing a normalization phase with a year-on-year increase in passenger turnover (RPK) of 5.1% in H1 2025, driven by a higher growth rate in international RPK at 7.0% compared to domestic RPK at 2.0% [3][5]. - The U.S. aviation industry shows signs of stabilization with a profit margin of 3.6% in H1 2025, an increase of 0.9 percentage points year-on-year, despite a 1% increase in revenue and a 1% rise in costs [30][32]. - The European aviation market faces uncertainties but shows potential for profit growth, with ticket prices fluctuating significantly due to seasonal factors [66][72]. - In Asia, key markets like Southeast Asia and Japan are witnessing a recovery in passenger volumes, with some airports exceeding pre-pandemic levels [78][81]. Summary by Sections Global Aviation Market Overview - The global aviation market's growth rate has slowed, with H1 2025 showing a 5.1% increase in RPK and a 4.8% increase in available seat kilometers (ASK) [3][5]. - The market's load factor improved to 82.5%, reflecting a 0.2 percentage point increase year-on-year [3]. U.S. Aviation Market Tracking - The U.S. aviation sector's profit margin reached 3.6% in H1 2025, with a 1% increase in revenue and a 1% rise in costs, including a 13% decrease in fuel costs [30][32]. - Ticket prices in the U.S. have seen a decline, with a 5.1% drop in inflation-adjusted prices from January to July 2025 [34][38]. European Aviation Market Tracking - The European aviation market's ticket prices showed volatility, with significant fluctuations in early 2025, but overall recovery in passenger volumes is noted [66][63]. - Major airlines like Lufthansa and IAG reported profit growth in Q2 2025, driven by increased ticket prices and demand recovery [66][72]. Asian Aviation Market Tracking - Southeast Asia and Japan's airports are experiencing a resurgence in passenger traffic, with notable increases in throughput compared to pre-pandemic levels [78][81]. - Key transit airports in the region, such as Singapore and Doha, also reported growth in passenger numbers [81]. Investment Analysis Opinion - The report suggests that the seasonal increase in passenger volume coupled with a decrease in ticket prices has been adequately reflected in market expectations, indicating a favorable outlook for airline profitability [90]. - The report recommends focusing on airlines such as China Southern Airlines, China Eastern Airlines, and Spring Airlines, as well as global aircraft leasing companies and airport operators [90][91].

Core Viewpoint - The successful test flight of the East China Airlines A321NEO at Jiaxing Nanhu Airport marks a significant milestone in the airport's construction, validating its operational capabilities and laying a solid foundation for future operations [1][3][10]. Group 1: Test Flight Details - The test flight lasted 1 hour and 30 minutes, verifying the airport's flight procedures and minimum operational standards, as well as checking communication, navigation, and visual aids [3]. - The results indicated that the flight procedures were well-designed and the facilities were functioning normally, achieving the expected goals [3]. Group 2: Airport Construction and Future Plans - Jiaxing Nanhu Airport, as the first professional international cargo hub in the Yangtze River Delta, has a total investment of 30.6 billion and covers an area of 7,781 acres, with plans for a 4E-level flight area and 56 parking positions [10]. - The airport is part of Zhejiang Province's "Top Ten Landmark Projects" for 2025, with a target to be completed by June and operational by the end of the year [10]. Group 3: Coordination and Support - The successful test flight was supported by military and civil aviation collaboration, enhancing operational coordination and ensuring the smooth progress of the airport construction [9]. - The East China Bureau will continue to supervise and guide relevant units to ensure safe flight operations and deepen military-civil aviation coordination [9].

Group 1 - Eastern Airlines announced an upgrade to its "pet in cabin" service, adding 93 new routes starting September 1, covering popular destinations such as Sanya, Dalian, Changsha, Urumqi, Harbin, and Shenyang, with a total of 110 popular routes across 31 airports [1][3] - The service application process has been optimized, allowing passengers to submit requests online through the Eastern Airlines App or mini-program 24 hours before flight departure [3] - The "pet in cabin" service is available only in designated areas of the economy class, with a maximum of 2 pets per flight and 1 pet per passenger, requiring passengers to prepare necessary documentation and ensure pets are managed properly during the flight [3]

Core Points - Eastern Airlines successfully completed a verification test flight at Jiaxing Nanhu Airport, marking the airport's transition from construction to operational phase [1][4] - The test flight involved a well-prepared team of experienced flight instructors and focused on validating the airport's core operational capabilities [4] Group 1 - The first passenger aircraft, an Airbus A321, landed at Jiaxing Nanhu Airport on August 26, indicating the successful completion of the verification test flight [1] - Eastern Airlines implemented two test flight plans based on weather conditions to ensure safety and efficiency during the operation [4] - The test flight lasted 90 minutes and verified the scientific design of the airport's flight procedures and the operational minimum standards [4] Group 2 - Key equipment such as communication, navigation, and visual aids were tested to ensure reliable technical support and compliance with safety standards [4] - The flight crew reported a positive experience during the test flight, highlighting effective communication and well-maintained facilities [4] - The successful verification test flight provides a crucial basis for future industry acceptance and lays a solid foundation for the official operation of Jiaxing Nanhu Airport [4]

Core Viewpoint - The article emphasizes the growth journey of children through travel, highlighting the experiences and adventures that come with flying, and how Eastern Airlines (东航) facilitates these journeys through its expanding network and services [1][4][12]. Group 1: Children's Experiences - The short film "Every World is Wonderful" by Eastern Airlines showcases the growth journeys of three young travelers, illustrating their adventures and the dreams they pursue [4]. - Each child's story reflects the curiosity and exploration that travel brings, with one child being a loyal traveler, another being a tech enthusiast, and the third being an art lover who connects culture with travel [5][6]. Group 2: Airline's Expansion and Services - Eastern Airlines has launched multiple domestic routes this summer, covering popular destinations such as Xinjiang, Inner Mongolia, Qinghai, and Ningxia, as well as new international routes including Xi'an to Istanbul, Shanghai to Milan, and Shanghai to Copenhagen [7]. - The airline focuses on providing a high-quality travel experience through its "Four Precision Services" (精心、精准、精致、精细), enhancing customer engagement with features like a mobile app for boarding privileges, comprehensive in-flight Wi-Fi, and intelligent service throughout the journey [9]. Group 3: Future Aspirations - The article concludes with a vision for the future, where Eastern Airlines aims to continue expanding its reach and nurturing the curiosity and adventurous spirit of young travelers, encouraging them to explore and create their own stories [12].

（在中華人民共和國註冊成立的股份有限公司） （股份代號：00670） 董事名單與其角色和職能 中國東方航空股份有限公司董事會（「董事會」）成員列載如下： 王志清 （董事長） 成國偉 （董事） 董事會設立四個委員會。下表提供各董事會成員在這些委員會中擔任的職位。 | | | | | | | | | 委員會 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | | 委員 | 委員 | 主席 | | | 管理委員會 | 審計和風險 | | | 委員 | | 委員 | | | 主席 | （附註） 委員會 | 提名與薪酬 | | 委員 | 委員 | | | | 主席 | | 數字化委員會 | 規劃發展與 | | 鄭洪峰 | 馮詠儀 | 羅群 委員 | 陸雄文 | 孫錚 委員 | 成國偉 | 王志清 | 董事 環境委員會 | 航空安全與 | 陸雄文 （獨立非執行董事） 羅群 （獨立非執行董事） 馮詠儀 （獨立非執行董事） 鄭洪峰 （獨立非執行董事） 揭小清 （職工董事） 孫錚 （獨立非執行董事） 附註：凡審議通過有關提名事宜，提名與薪酬委員會將由王志清 ...

Group 1 - The core viewpoint of the article highlights the collaboration between Eastern Airlines Technology and Eastern Airlines Digital Science to develop a comprehensive aircraft maintenance manual management platform, addressing issues of data standardization and lack of systematic support across different aircraft models [1] - The platform focuses on three main dimensions: intelligence, scenario-based application, and collaboration, utilizing Eastern Airlines' extensive maintenance work card translation database and AI model fine-tuning technology to ensure accurate Chinese translations of maintenance manuals [1] - The platform supports nine major aircraft models, including C919, A320, A330, and B737NG, enabling cross-terminal access to 22 types of manuals, thereby enhancing the efficiency of technical documentation retrieval [1] Group 2 - The platform establishes a data link between maintenance work cards and manuals, creating an intelligent association mechanism that streamlines maintenance operation processes [1]

Core Points - Eastern Airlines has launched an upgraded self-service CUSS check-in system at Shanghai Hongqiao Airport, enhancing the visibility of key information on printed boarding passes and introducing personalized "city scenery" designs [1][3] Group 1 - The upgraded boarding passes feature optimized key information such as boarding time, gate, and seat number, with enlarged key fields and high-contrast bold text to improve recognition efficiency and reduce the risk of missing flights [3] - The new boarding passes also include an innovative "city impression" theme design, utilizing intelligent recognition technology to automatically associate the airport code with local city landmarks, transforming the boarding pass into a collectible travel memento [3]

Core Viewpoint - China Eastern Airlines has launched a short video titled "Every World is Wonderful," showcasing the unique travel experiences of three young travelers, emphasizing the airline's innovative services and cultural integration in its operations [1]. Group 1: International Strategy - The short film follows the travel stories of three young travelers, highlighting China Eastern Airlines' expansion into international markets by launching new routes to Milan, Geneva, Copenhagen, and Kumamoto, among others [2]. - By July 2025, the airline aims to operate 225 international and regional routes, covering over 37 countries and 86 international and regional destinations [2]. - In September, new direct flights will be launched from Shanghai Pudong to Barcelona, Vancouver, and Casablanca, with plans for a direct route from Shanghai to Buenos Aires to fill the gap in direct flights from China to South America [2]. Group 2: Technological Innovation - The short film features a young tech enthusiast interacting with the airline's smart robot, showcasing China Eastern Airlines' commitment to enhancing travel experiences through technology [3]. - Passengers can use the "Air-Ground Connectivity" system to access in-flight Wi-Fi, ensuring continuous internet access during flights [3]. - The "Airport Connection" service revolutionizes transit experiences, allowing passengers to transfer seamlessly without retrieving luggage or re-checking in, supported by the airline's new intelligent transfer decision system [3]. Group 3: Cultural and Tourism Integration - China Eastern Airlines is actively creating a cultural dissemination ecosystem through various initiatives, including the "Eastern Little Traveler Passport" and partnerships with cultural institutions like the Shanghai Museum [4]. - The airline has launched themed flights and events, such as the "Air Museum" and collaborations with cultural brands, to enhance the travel experience and promote cultural exchange [4]. - During the "Shanghai Summer" international consumption season, the airline distributed over 1 million discounted tickets and various travel passes to attract domestic and international tourists [4]. Group 4: Ecological Layout - China Eastern Airlines is deepening its "Aviation+" ecosystem by integrating various sectors, including sports, finance, and tourism, to enhance multi-modal transport products [5]. - The airline aims to connect cities and cultures, fostering a sense of community and shared experiences through its innovative and warm approach to air travel [5].