Core Viewpoint - The article highlights the dedication and professionalism of ground service staff at China Eastern Airlines, particularly focusing on the exemplary work of a ground service driver, Shen Jian, during the busy summer travel season [1][3][7]. Group 1: Operational Performance - During July, the frequency of passenger stair truck operations at the company's Nanjing main base increased by 11.8% year-on-year, indicating a significant rise in operational demand [1]. - Shen Jian meticulously checks the key components of the passenger stair truck to ensure optimal performance before each flight, demonstrating a commitment to safety and efficiency [3]. Group 2: Employee Dedication and Training - Shen Jian has accumulated 15 years of practical experience in ground operations, adhering to a "Four Precision Service" philosophy to ensure passenger safety and satisfaction [3]. - In preparation for a skills competition, Shen Jian practiced daily after work, focusing on various operational details and documenting any discrepancies to improve his performance [3]. Group 3: Employee Background and Personal Interests - Shen Jian is not only dedicated to his work but also has a vibrant personal life, having been a key player in the company’s basketball team and winning the runner-up position in a company-wide tournament [5]. - He expresses a strong desire to explore the natural beauty of China, showcasing his enthusiasm for life beyond work [5]. Group 4: Company Culture and Values - Shen Jian's story reflects the broader commitment of China Eastern Airlines' grassroots employees, who collectively strive to embody the company's motto of "People's Aviation for the People" [7].

Core Insights - The article highlights the robust growth of passenger traffic during the summer travel season, driven by China Eastern Airlines' active participation and strategic initiatives to enhance travel experiences and support the development of Shanghai as an international aviation hub [1] Group 1: Network Expansion - China Eastern Airlines has expanded its international route network significantly, launching new direct flights from Shanghai to cities such as Milan, Geneva, Copenhagen, and Kumamoto, while also increasing domestic connections to Europe, the Middle East, and Central Asia [2] - As of July this year, the airline's international and regional route network covers over 37 countries and 86 international destinations, with a total of 225 international routes, making it the airline with the most international destinations and the highest international transport turnover in China [2] - The airline has established major transit corridors through its hub in Shanghai, facilitating connections between Asia and Europe, Australia, and Southeast Asia, thereby reinforcing Shanghai's position as the largest passenger transport hub in China [2] Group 2: Hub Efficiency - Enhancements in hub efficiency at Shanghai Pudong International Airport include 24-hour check-in services and the introduction of the "Overnight Transfer" project, allowing passengers to check in and transfer seamlessly between domestic and international flights [5][6] - The "Airport Link" service enables quick transfers between Hongqiao and Pudong airports, allowing passengers to check in and handle luggage at their departure point without needing to retrieve it upon arrival [5] - The airline's international transfer passenger volume at Pudong Airport is projected to account for 78% of the airport's total transfer volume in 2024, with significant year-on-year growth in transfer passenger numbers [6] Group 3: "Aviation+" Ecosystem - China Eastern Airlines is actively exploring the "Aviation+" concept, collaborating with cultural institutions and global brands to enhance travel experiences, such as the "Sky Museum" initiative and partnerships with Starbucks China [8][9] - The airline has launched various promotional activities during the "Shanghai Summer" international consumption season, distributing over 1 million discounted tickets and other travel incentives to attract domestic and international tourists [9] - The ongoing development of the "Aviation+" ecosystem aims to integrate various sectors, including culture, sports, and tourism, to create a more comprehensive travel experience and support the high-quality development of Shanghai's international hub [9]

近期，由东航规划发展部与东航数科公司合作研发的东航碳排放航油监测系统正式上线运行。该系统通 过构建全流程数字化监测体系，实现航班运行碳排放数据的实时动态追踪与全生命周期管理，提升东航 碳资产管理的合规性、透明度和数智化水平。 校对|金杰妮 审核|韩 磊 该系统打通数据壁垒，整合新一代运行控制系统、直接运行成本管理系统、生产统计系统及电子飞行包 等多元数据源，实现东航客机机队全流程航班运行各节点油量数据的动态采集与智能分析。同时，系统 创新构建航油消耗全周期数字化管理体系，不仅实现碳排放内部动态监测，还支持碳排放外部审查及台 账管理等多元化功能模块，使碳排放数据可追溯、可验证、可审计，提高了碳排放管理的规范性和透明 度。 后续，该系统将不断优化升级，增加碳交易、碳结算等新功能，为企业参与碳市场交易提供精准可靠的 数据支撑与智能决策支持。（中国民航报 记者钱擘） 编辑|王亚玲 围绕技术创新，该系统通过构建双碳数据信息化管理体系，实现航班运行全流程数据的自动化采集与多 维度分析，提升了航班碳排放数据计算的准确性，构建起节能减碳精细化管理预测分析体系，实现碳排 放数据的全生命周期标准化管理，有效提升数据质量管控水平。 ...

Core Points - China Eastern Airlines celebrated the 22nd anniversary of its "Eastern Miles" loyalty program on August 8, 2023, with a special themed flight MU2151 from Xi'an to Hongqiao [1] - The "Eastern Miles" program is designed to create greater value for members, allowing them to earn points when flying with China Eastern and its partner airlines, which can be redeemed for rewards [3] Group 1 - The anniversary celebration included a series of promotional activities under the theme "Traveling Together for 22 Years," such as a Weibo retweet lottery and member benefit upgrades [3] - From August 1 to August 8, over 200,000 members participated in the Weibo retweet lottery, generating more than 2.5 million views on the related topic [3] - The program also introduced a consumption discount for members during the anniversary month, featuring two phases: "Tier Upgrade Discount" and "Double Mileage Points" to help members efficiently elevate their membership status [3] Group 2 - Members flying on the anniversary-themed flight could receive a commemorative gift at Hongqiao Airport [4]

Group 1 - The World Artificial Intelligence Conference 2025 was recently held in Shanghai, where China Eastern Airlines Digital Technology Co., Ltd. participated in the "China Electronic Cloud Artificial Intelligence Innovation Development Forum" [1] - The chairman of Eastern Airlines Digital Technology, Gao Zhidong, shared the company's strategy and practical achievements in digital transformation, emphasizing data as the core driving force for integrating AI with aviation scenarios [2] - China Eastern Airlines operates over 800 modern aircraft and is the global launch customer for the domestically produced C919 aircraft, with an annual passenger transport volume exceeding 140 million [2] Group 2 - The company has established a comprehensive data management system, recognized as a benchmark by the State-owned Assets Supervision and Administration Commission in 2019, and is set to become the first airline in the civil aviation sector to achieve a five-level certification in data management capability by 2024 [2] - Eastern Airlines has listed "Flight Resource Treasure" on the Shanghai Data Exchange and is accelerating the construction of high-quality data sets covering six major areas, while also exploring the establishment of joint industry data sets [2] - The company is advancing AI applications through a structured AI architecture system, planning over 200 AI scenarios, with more than 80% already implemented or in iterative optimization, contributing to a reliable and efficient intelligent aviation ecosystem [3]

Core Viewpoint - Eastern Airlines has developed a carbon emission monitoring system in collaboration with its planning and development department and data science company, enhancing compliance, transparency, and digital management of carbon assets [1][2] Group 1: System Features - The system creates a digital monitoring framework for real-time tracking and lifecycle management of flight carbon emissions, integrating various data sources for dynamic collection and intelligent analysis of fuel consumption [1][2] - It establishes a comprehensive digital management system for fuel consumption, enabling internal monitoring and external auditing of carbon emissions, thus improving management standards and transparency [1][2] Group 2: Efficiency and Accuracy - Prior to the system's implementation, Eastern Airlines relied on manual calculations for carbon emissions, which were inefficient and prone to errors; the new system significantly reduces labor costs and enhances data processing capabilities [2] - The system can process 1 million carbon emission data entries in just 10 minutes, ensuring high accuracy through intelligent verification mechanisms [2] Group 3: Future Developments - The system will continue to be optimized and upgraded, with plans to add functionalities for carbon trading and settlement, providing reliable data support for participation in carbon markets [2]

Investment Rating - The report maintains a positive investment rating for the transportation industry, highlighting potential opportunities in various segments such as shipping, infrastructure, aviation, and express delivery [2][4]. Core Insights - The report emphasizes the improvement in oil shipping market conditions and the potential for price increases in the express delivery sector, driven by a reduction in price competition due to "anti-involution" policies [1][8][24]. Shipping - The oil shipping industry is experiencing improved market conditions, with OPEC+ planning to increase production by 548,000 barrels per day in September, which may lead to better freight rates in the second half of the year [8][16]. - Container shipping rates have declined, necessitating close monitoring of US-China trade negotiations [8][12]. - The report suggests focusing on companies with strong Q2 performance, such as德翔海运, 海丰国际, 中谷物流, and 中远海特 [8][16]. Infrastructure - The report notes that highway passenger traffic decreased by 4.0% year-on-year in June 2025, while cargo traffic showed a slight decline [18][55]. - Port cargo throughput increased by 4.8% year-on-year, indicating stable growth in the infrastructure sector [18][55]. - The report recommends investing in leading highway and port companies, such as 招商公路, 皖通高速, 唐山港, and 青岛港, due to their attractive dividend yields [20][55]. Express Delivery - The express delivery sector is projected to maintain a growth rate of over 20% in 2024, with a 19.3% increase in business volume in the first half of 2025 [24][68]. - The report highlights the initiation of price increases in the express delivery sector in South China, which is expected to alleviate price competition and support valuation recovery [24][68]. - Recommended companies in this sector include 中通快递-W, 圆通速递, 申通快递, and 韵达股份 [24][68]. Aviation - The report indicates a 1.9% week-on-week increase in passenger traffic, with domestic ticket prices experiencing a year-on-year decline of 5.4% [25][26]. - The aviation sector is expected to benefit from "anti-involution" measures aimed at reducing excessive competition, which may enhance valuation recovery [25][26]. - Recommended airlines include 中国国航, 南方航空, 吉祥航空, 春秋航空, and 华夏航空 [26].

Core Viewpoint - The collaboration between Shanghai Bank, Eastern Airlines, and China UnionPay aims to enhance travel consumption through a co-branded card that offers users travel value accumulation, payment discounts, and additional retail service benefits [1][5]. Group 1: Financial and Travel Integration - The partnership represents an innovative practice of deep integration between finance and travel, empowering the upgrade of cultural and tourism consumption [3]. - The essence of travel consumption is "experience economy," with the combination of "transportation + finance" serving as a key link connecting the entire chain of "travel, stay, food, shopping, and entertainment" [4]. Group 2: Targeting the Silver Economy - The aging population is shifting the consumption needs of the elderly from basic living security to quality and diversified services, with "silver travel" becoming a significant growth point [4][6]. - The collaboration aims to activate travel consumption by providing financial services that lower travel costs and enhance consumer experience, thus guiding consumption towards diversification and quality [5]. Group 3: User Benefits and Services - The co-branded credit and debit cards allow users to accumulate travel value through daily spending, enjoy payment discounts in travel scenarios, and gain more rights and benefits in retail services [5]. - New users of the co-branded credit card can earn up to 7,000 Eastern Airlines points upon meeting certain criteria, with an annual maximum of 36,000 points redeemable through spending [5]. Group 4: Enhancing Elderly Services - The collaboration focuses on optimizing payment and service experiences for the elderly, ensuring they have a more secure and enjoyable travel experience [6]. - The integration of online and offline services, including mobile payments and personalized travel assistance, aims to bridge the digital divide for older adults [8].

Group 1 - China Eastern Airlines officially launches a direct flight route from Yangzhou Taizhou to Ordos starting August 10, operated by the domestic C909 aircraft model, with flights scheduled every Monday, Wednesday, Friday, and Sunday [1][2] - The new route is a key initiative for China Eastern Airlines to implement its strategic cooperation with the Jiangsu Provincial Government and to enhance the regional flight network, which will promote economic development and cultural tourism integration in the Yangtai region [2] - During the summer travel season, China Eastern Airlines' Jiangsu Company operates six round-trip routes to Inner Mongolia, with a high passenger load factor of around 90% due to strong market demand driven by Inner Mongolia's unique cultural and tourism resources [2]

Core Viewpoint - The recent annual reports from China's three major airlines—China Southern Airlines, Air China, and China Eastern Airlines—highlight the growing significance of domestically produced aircraft, particularly the C919, with China Eastern Airlines becoming the first operator of the C919 fleet [1] Group 1: C919 Fleet and Operations - China Eastern Airlines has expanded its C919 fleet to 10 aircraft, having executed over 6,500 flights [1] - Among the 10 C919 aircraft operated by China Eastern, 4 are owned outright while 6 are held through financing leases [1] - In total, 16 C919 aircraft have been delivered in China over the past two years, with China Southern Airlines and Air China each operating 3 aircraft, all acquired through different leasing arrangements [1] Group 2: Financing and Leasing Institutions - Of the delivered C919 aircraft, 9 have been provided by financing leasing institutions, with China Southern's 3 aircraft delivered by China Everbright Leasing, ICBC Financial Leasing, and China Southern Leasing, while China Eastern's 6 aircraft were delivered by China Eastern Leasing, Zhuhai Financial Leasing, and ICBC Financial Leasing [2] - Numerous financial leasing companies have engaged in C919 aircraft leasing, with significant orders placed as early as 2010, including a 50-aircraft purchase intention agreement by Guoyin Financial Leasing [2] - Other notable financial leasing companies involved include Agricultural Bank of China Financial Leasing, CCB Financial Leasing, and Ping An Leasing, among others, with various orders totaling up to 50 aircraft [2] Group 3: Market and Policy Support - Approximately 600 out of 1,500 C919 orders received by COMAC are from financial leasing companies, indicating strong market interest [3] - The Chinese government has emphasized the importance of nurturing emerging industries, including commercial aerospace, which aligns with the growth of aircraft leasing as a financial strategy [3] - Financial leasing companies provide crucial support to the domestic aviation industry, helping alleviate financial pressures on airlines and facilitating technological advancements [3]