Core Insights - China Eastern Airlines (600115.SH) reported a 6.76% year-on-year increase in passenger capacity input (measured in available seat kilometers) for August 2025 [1] - The passenger turnover (measured in revenue passenger kilometers) rose by 8.72% year-on-year [1] - The passenger load factor reached 88.34%, an increase of 1.59 percentage points year-on-year [1] - Cargo and mail turnover (measured in cargo mail ton kilometers) increased by 16.39% year-on-year for August 2025 [1] Domestic Market Developments - New domestic routes launched include Ordos-Yangzhou, Hefei-Lvliang, Wenzhou-Beihai, and Wuhan-Tangshan [1] - Resumed flights on routes such as Ningbo-Nanchang and Beijing Daxing-Yueyang, along with increased frequency on Shanghai Hongqiao-Xining, Shanghai Hongqiao-Changsha, Shanghai Pudong-Changsha, Shanghai Pudong-Yibin, and Beijing Daxing-Ulanhot [1] International Market Developments - Resumed international flights include Nanchang-Singapore and increased frequency on Guangzhou-Bangkok [1] Fleet Expansion - In August 2025, the company introduced four new aircraft, including one B787 series, one B737 series, one A320 series, and one C909 aircraft [1] - As of the end of August 2025, the company operated a total of 818 aircraft [1]

Core Insights - China Eastern Airlines (600115.SH) announced a 6.76% year-on-year increase in passenger capacity input (measured in available seat kilometers) for August 2025 [1] - The passenger turnover (measured in revenue passenger kilometers) increased by 8.72% year-on-year, with a seat load factor of 88.34%, up by 1.59 percentage points [1] - The cargo and mail turnover (measured in cargo mail ton kilometers) saw a significant increase of 16.39% year-on-year for August 2025 [1] Domestic Market Developments - New domestic routes launched include Ordos-Yangzhou, Hefei-Lvliang, Wenzhou-Beihai, and Wuhan-Tangshan [1] - Resumed flights include Ningbo-Nanchang and Beijing Daxing-Yueyang, with increased frequency on routes such as Shanghai Hongqiao-Xining, Shanghai Hongqiao-Changsha, Shanghai Pudong-Changsha, Shanghai Pudong-Yibin, and Beijing Daxing-Ulanhot [1] International Market Developments - Resumed international flights include Nanchang-Singapore, with increased frequency on the Guangzhou-Bangkok route [1]

Core Insights - China Eastern Airlines (600115.SH) reported a 6.76% year-on-year increase in passenger capacity input (measured in available seat kilometers) for August 2025 [1] - The passenger turnover (measured in revenue passenger kilometers) rose by 8.72% year-on-year [1] - The passenger load factor reached 88.34%, an increase of 1.59 percentage points year-on-year [1] - Cargo and mail turnover (measured in cargo and mail ton kilometers) increased by 16.39% year-on-year for August 2025 [1] Domestic Market Developments - New domestic routes launched include Ordos-Yangzhou, Hefei-Lvliang, Wenzhou-Beihai, and Wuhan-Tangshan [1] - Resumed flights on routes such as Ningbo-Nanchang and Beijing Daxing-Yueyang [1] - Increased frequency on routes including Shanghai Hongqiao-Xining, Shanghai Hongqiao-Changsha, Shanghai Pudong-Changsha, Shanghai Pudong-Yibin, and Beijing Daxing-Ulanhot [1] International Market Developments - Resumed international flights on the Nanchang-Singapore route [1] - Increased frequency on the Guangzhou-Bangkok route [1] Fleet Expansion - In August 2025, the company introduced four new aircraft, including one B787 series, one B737 series, one A320 series, and one C909 aircraft [1] - As of the end of August 2025, the company operated a total of 818 aircraft [1]

Market Overview - On September 15, the aviation and airport sector declined by 0.43%, with Huaxia Airlines leading the drop [1] - The Shanghai Composite Index closed at 3860.5, down 0.26%, while the Shenzhen Component Index closed at 13005.77, up 0.63% [1] Stock Performance - Key stocks in the aviation and airport sector showed varied performance, with Hainan Airlines closing at 1.62, up 0.62%, and Huaxia Airlines closing at 9.43, down 1.46% [1][2] - The trading volume and turnover for major stocks included Hainan Airlines with 6.048 million shares traded and a turnover of 983 million yuan, while Huaxia Airlines had 171,800 shares traded with a turnover of 163 million yuan [1][2] Capital Flow - The aviation and airport sector experienced a net outflow of 281 million yuan from institutional investors, while retail investors saw a net inflow of 236 million yuan [2] - The capital flow data indicated that major stocks like China Eastern Airlines and Huaxia Airlines faced significant net outflows from institutional investors, amounting to 4665.96 million yuan and 4426.03 million yuan respectively [3] Individual Stock Analysis - Baiyun Airport had a net inflow of 8.754 million yuan from institutional investors, while Shenzhen Airport saw a net inflow of 7.5584 million yuan [3] - In contrast, stocks like Spring Airlines and Hainan Airlines faced substantial net outflows, with Spring Airlines experiencing a net outflow of 33.8408 million yuan [3]

Core Viewpoint - China Eastern Airlines (600115.SH) reported an increase in passenger capacity and turnover for August 2025, indicating growth in both domestic and international markets [1] Group 1: Capacity and Performance Metrics - The passenger capacity input (measured in available seat kilometers) for August 2025 increased by 6.76% year-on-year [1] - The passenger turnover (measured in revenue passenger kilometers) for August 2025 rose by 8.72% year-on-year [1] - The passenger load factor reached 88.34%, an increase of 1.59 percentage points year-on-year [1] Group 2: Cargo Performance - The cargo and mail turnover (measured in cargo mail ton kilometers) for August 2025 increased by 16.39% year-on-year [1] Group 3: Route Developments - In the domestic market, new routes were launched including Ordos-Yangzhou, Hefei-Lvliang, Wenzhou-Beihai, and Wuhan-Tangshan, while routes such as Ningbo-Nanchang and Beijing Daxing-Yueyang were resumed [1] - The frequency of routes from Shanghai Hongqiao to Xining, Changsha, and from Shanghai Pudong to Changsha, Yibin, as well as Beijing Daxing to Ulanhot were increased [1] - In the international market, the Nanchang-Singapore route was resumed and the Guangzhou-Bangkok route frequency was increased [1]

Core Points - The inaugural flight ceremony for the China Eastern Airlines route from Taiyuan to Kuala Lumpur via Wuhan took place on September 10, showcasing the strong cultural and economic ties between China and Malaysia [1][3]. Group 1: Route Details - The new route operates four flights per week, with outbound flights departing Taiyuan every Monday, Wednesday, Friday, and Sunday at 21:00, arriving in Wuhan at 22:40, and then departing Wuhan at 23:40 to reach Kuala Lumpur at 04:30 the next day [3]. - Return flights from Kuala Lumpur leave at 05:30 on Monday, Tuesday, Thursday, and Saturday, arriving in Wuhan at 10:30, and then departing Wuhan at 11:30 to return to Taiyuan by 13:10 [3]. Group 2: Cultural Significance - The launch of this route is seen as a significant milestone in promoting cultural tourism and economic investment between China and Malaysia, supported by the Shanxi provincial government and the Malaysian Tourism Board [3]. - The inaugural ceremony featured a theme that creatively integrated cultural elements from both countries, with decorations symbolizing the cultural exchange among Taiyuan, Wuhan, and Kuala Lumpur [3]. Group 3: In-Flight Experience - During the flight, the crew engaged passengers by introducing Malaysian culture and providing themed gifts, enhancing the travel experience and creating a festive atmosphere onboard [4]. - Upon arrival in Kuala Lumpur, a grand welcome ceremony was held, including a traditional water salute and a specially prepared cake for the crew, reflecting Malaysia's commitment to strengthening bilateral relations [4]. Group 4: Future Prospects - China Eastern Airlines emphasized that the new route is a crucial step in facilitating friendly exchanges between China and Malaysia, with plans to continue improving service quality for a better travel experience [5]. - The airline aims to position this route as a vital air bridge connecting the peoples of both nations, contributing to regional economic development and cultural exchange [5].

Core Insights - Eastern Airlines has launched the "Achievement Privilege" series as part of its "Eastern Miles" membership system, marking a significant strategic move in member engagement and loyalty enhancement [1] Membership System Upgrade - The new series features a refined membership structure with differentiated benefits aimed at increasing customer loyalty and engagement [1] - It employs a dual-track operational model combining "lifecycle level management" and "flight evaluation level management" [1] Operational Mechanisms - A mechanism for automated badge awarding based on cumulative contributions throughout a member's lifecycle has been established, with the system recognizing overall contributions daily [1] - Members can activate a 10-year lifecycle level through the acquisition of privilege level vouchers, while the system continuously monitors flight activity for dynamic assessment [1] - An innovative smart retention mechanism has been introduced to address level maintenance issues, allowing members to retain privileges even if flight activity does not meet retention standards [1] Data Utilization - The new series leverages big data analytics to process dual-track member data, acknowledging long-term loyalty while rewarding ongoing flight activity [1]

Core Viewpoint - Eastern Airlines Beijing Branch employees participated in a commemorative exhibition to honor the 80th anniversary of the victory in the Chinese People's Anti-Japanese War and the World Anti-Fascist War, reflecting on historical significance and the importance of peace [1][3]. Group 1: Exhibition Details - The exhibition features 8 thematic areas centered around "Remembering History, Honoring Heroes, Cherishing Peace, and Creating the Future" [3]. - A total of 1,525 photographs and 3,237 cultural relics are displayed, utilizing AI interaction and holographic imaging technologies to recreate significant historical moments [3]. Group 2: Employee Participation - 50 flight crew members and relevant personnel from Eastern Airlines Beijing Branch attended the event, which was organized for central enterprise staff in Beijing by the State-owned Assets Supervision and Administration Commission [3][6]. - Employees expressed their commitment to uphold the spirit of the Anti-Japanese War, emphasizing the importance of safety in aviation operations and service quality [6].

（东航供图） 此次升级最直接惠及广大旅客，90分钟的最短衔接时间为旅客预留了更多的航班选择余度——国际航班 落地后，无需匆忙赶流程，可从容完成安检、边检等中转环节；"通程值机、行李直挂"服务则彻底解决 行李搬运痛点，旅客在始发站即可一次性办理两段航班值机手续，行李由航空公司全程转运至目的地， 实现"一次托运、直达终点"。以米兰飞抵西安后中转前往西宁的旅客为例，此前需预留至少120分钟转 机时间，9月15日后90分钟即可衔接，动线灵活性显著提升，误机风险大幅降低。 中转效率的持续提升，背后是多方协同的流程再造。西安咸阳国际机场作为东航航线网络的重要战略支 点，今年以来东航西北分公司与机场、海关、边检等联检单位紧密合作，持续梳理中转流程瓶颈、优化 保障环节，不到3个月内连续两次核心中转提速，标志着东航在西安咸阳国际机场中转效率已迈入全国 前列，真正实现"旅客少跑腿、数据多跑路、服务更贴心"，让中转从"赶时间"变为"从容行"。 《中国民航报》、中国民航网 记者路泞 报道：9月15日起，东航在西安咸阳国际机场T5站楼启动国际 中转服务再次升级：国际转国际、国际转国内航班的最短衔接时间（MCT）从120分钟压缩至90分 ...

Group 1 - The 36th Shanghai Tourism Festival parade was launched on September 13, featuring 25 floats and 24 performance teams from 15 countries and regions, promoting a theme of "diverse cultures, citywide celebration" [1] - China Eastern Airlines' float, named "Wings of the Yangtze," made its debut, symbolizing the airline's commitment to enhancing travel experiences and showcasing the development of China's civil aviation industry [2] - The float design includes a giant suitcase and a model of the domestically produced C919 aircraft, highlighting the airline's operational deployment of 11 C919 aircraft across 14 routes covering 12 cities [2] Group 2 - China Eastern Airlines plans to launch new international routes, including Shanghai to Barcelona on September 26 and a direct route from Shanghai to Buenos Aires via Auckland in December, which will enhance trade and cultural exchanges between China and Argentina [2] - The float also features various scenic destinations of new routes, such as Casablanca, Geneva, Milan, and Almaty, providing an immersive experience of global cultures [2] - The airline emphasizes its service philosophy of "careful, precise, exquisite, and meticulous," aiming to create high-quality travel experiences for passengers [2][3]