Core Viewpoint - China Eastern Airlines (600115.SH) reported an increase in passenger capacity and turnover for November 2025, indicating growth in operational performance and demand recovery in the aviation sector [1] Group 1: Operational Performance - The passenger capacity input (measured in available seat kilometers) for November 2025 increased by 6.51% year-on-year [1] - The passenger turnover (measured in revenue passenger kilometers) rose by 10.35% year-on-year [1] - The passenger load factor reached 87.37%, up by 3.04 percentage points year-on-year [1] Group 2: Cargo Performance - The cargo and mail turnover (measured in cargo mail ton kilometers) increased by 13.30% year-on-year for November 2025 [1] Group 3: Fleet Update - In November 2025, the company introduced 5 new aircraft, including 2 A321NEO, 2 C919, and 1 C909, while retiring 2 aircraft, comprising 1 A320 and 1 B737-800 [1] - As of the end of November 2025, the total operational fleet consisted of 825 aircraft [1]

Core Viewpoint - China Eastern Airlines (600115.SH) announced an increase in passenger capacity and turnover for November 2025, indicating positive growth trends in the airline industry [1] Group 1: Passenger Operations - The passenger capacity input (measured in available seat kilometers) for November 2025 is expected to rise by 6.51% year-on-year [1] - The passenger turnover (measured in revenue passenger kilometers) is projected to increase by 10.35% year-on-year [1] - The passenger load factor stands at 87.37%, reflecting a year-on-year increase of 3.04 percentage points [1] Group 2: Cargo Operations - The cargo and mail turnover (measured in cargo mail ton kilometers) is anticipated to grow by 13.30% year-on-year for November 2025 [1]

人民财讯12月15日电，中国东航（600115）12月15日公告，公司2025年11月客运运力投入(按可用座公 里计)同比上升6.51%；旅客周转量(按客运人公里计)同比上升10.35%；客座率为87.37%，同比上升3.04 个百分点。2025年11月货邮周转量(按货邮载运吨公里计)同比上升13.30%。 ...

智通财经APP讯，中国东航(600115.SH)发布公告，公司2025年11月客运运力投入(按可用座公里计)同比 上升6.51%;旅客周转量(按客运人公里计)同比上升10.35%;客座率为87.37%，同比上升3.04个百分点。 2025年11月货邮周转量(按货邮载运吨公里计)同比上升13.30%。 ...

Group 1 - The core viewpoint of the news is that China Eastern Airlines has shown a slight increase in stock price and trading volume, indicating potential investor interest despite low financing levels [1] - On December 12, China Eastern Airlines' stock rose by 1.99%, with a trading volume of 449 million yuan, and a net financing purchase of 627,600 yuan [1] - The financing balance of China Eastern Airlines is 339 million yuan, which is low at 0.38% of the circulating market value, below the 10th percentile level over the past year [1] Group 2 - China Eastern Airlines reported a total revenue of 106.41 billion yuan for the first nine months of 2025, reflecting a year-on-year growth of 3.73% [2] - The net profit attributable to shareholders for the same period was 2.103 billion yuan, showing a significant year-on-year increase of 1623.91% [2] - The company has not distributed any dividends in the past three years, with a cumulative payout of 3.296 billion yuan since its A-share listing [3] Group 3 - As of September 30, 2025, the number of shareholders in China Eastern Airlines decreased by 3.37% to 149,900 [2] - The top ten circulating shareholders include China Securities Finance Corporation, holding 430 million shares, and Hong Kong Central Clearing Limited, holding 295 million shares, with the latter reducing its holdings by 5.4524 million shares [3]

来源：新浪证券-红岸工作室 机构持仓方面，截止2025年9月30日，中国东航十大流通股东中，中国证券金融股份有限公司位居第八 大流通股东，持股4.30亿股，持股数量较上期不变。香港中央结算有限公司位居第十大流通股东，持股 2.95亿股，相比上期减少545.24万股。 12月11日，中国东航跌0.98%，成交额2.70亿元。两融数据显示，当日中国东航获融资买入额1437.35万 元，融资偿还1009.40万元，融资净买入427.96万元。截至12月11日，中国东航融资融券余额合计3.38亿 元。 融资方面，中国东航当日融资买入1437.35万元。当前融资余额3.34亿元，占流通市值的0.39%，融资余 额低于近一年10%分位水平，处于低位。 截至9月30日，中国东航股东户数14.99万，较上期减少3.37%；人均流通股0股，较上期增加0.00%。 2025年1月-9月，中国东航实现营业收入1064.14亿元，同比增长3.73%；归母净利润21.03亿元，同比增 长1623.91%。 分红方面，中国东航A股上市后累计派现32.96亿元。近三年，累计派现0.00元。 融券方面，中国东航12月11日融券偿还6.97万 ...

Core Points - The new China Eastern Airlines flight MU745 from Shanghai to Buenos Aires has established the world's longest non-stop commercial flight route, covering approximately 20,000 kilometers [1] - This route reduces travel time from China to South America by over four hours, filling a gap in direct flights from Shanghai to major cities in South America [1] - The flight operates using a Boeing 777-300 aircraft and will run twice a week on Mondays and Thursdays [1] Industry Impact - The launch of this route creates a new "southbound corridor" across the Pacific, reshaping air travel between three continents [1] - The introduction of this long-haul flight may stimulate increased passenger traffic and trade between China and South America, enhancing connectivity [1]

【#全球最长单程航线今起通航# 】#中国至南美航程缩短超4小时# 今天（12月4日）凌晨，中国东航 MU745航班从上海浦东国际机场起飞，经奥克兰最终将到达阿根廷布宜诺斯艾利斯。这条横跨东西半 球与南北半球、航程约两万公里的航线，刷新了全球最长单程航线的纪录，并将中国至南美的航程缩短 四小时以上。此次开通的新航线每周计划执行两班往返航班。除了飞行距离创下全球之最，新航线填补 了上海至南美核心城市直飞航线的空白，构建了横跨太平洋的"南向通道"飞行路径，重塑了三大洲之间 的航空出行方式。（央视新闻，泽塔） ...

智通财经APP讯，中国东方航空股份(00670)公布，于 2025 年 12 月 2 日，董事会同意选举高飞为公司第十届董事会副董事长，同意调整董事会航空安全与环 境委员会组成人员，提名高飞担任该委员会委员及主席，任期与第十届董事会任期一致。 ...

智通财经APP讯，中国东方航空股份(00670)公布，于 2025 年 12 月 2 日，董事会同意选举高飞为公司第 十届董事会副董事长，同意调整董事会航空安全与环境委员会组成人员，提名高飞担任该委员会委员及 主席，任期与第十届董事会任期一致。 ...