Core Viewpoint - China Eastern Airlines signed 19 procurement agreements with suppliers from 9 countries and regions, totaling $1.211 billion at the 8th China International Import Expo, marking a significant increase in procurement activities and showcasing the company's commitment to high-tech aviation products [1][3]. Group 1: Procurement Agreements - China Eastern Airlines signed 19 procurement agreements with suppliers from 9 countries and regions, with a total value of $1.211 billion [1][3]. - The one-year exhibition transaction amount reached $330 million, a 23.3% increase from the previous year, achieving the highest amount in the history of the expo for the company [1][4]. Group 2: Focus on High-Tech Aviation Products - The procurement focused on high-tech products essential for the aviation industry, including aircraft engines, APU maintenance, in-flight meals, aviation materials, aviation fuel, and automotive chassis [3]. - A significant agreement was made with CFM International for the procurement of LEAP-1A engines worth $615 million, which are designed to be lighter and more fuel-efficient, reducing fuel consumption and carbon emissions by 15%-20% compared to previous models [3]. Group 3: Strategic Partnerships and Cost Efficiency - China Eastern Airlines established new procurement and maintenance agreements with companies like Lufthansa Technik and Safran Group, aimed at enhancing cost efficiency and service quality [4]. - The company emphasized deepening cooperation with suppliers from countries involved in the Belt and Road Initiative, with one-third of the procurement products sourced from these regions, totaling $160 million [5]. Group 4: Expansion of International Routes - The company is expanding its international route network, having opened 23 new medium to long-haul international routes since 2024, including a new route from Shanghai to Buenos Aires, which will be the longest global route [5]. - The expansion of international routes is expected to enhance the quality of in-flight meals by partnering with global suppliers, thereby improving the overall passenger experience [5]. Group 5: Multi-Dimensional Cooperation Platform - China Eastern Airlines is leveraging the China International Import Expo as a platform for multi-dimensional cooperation, combining "bringing in" and "going out" strategies to expand its network and foster long-term partnerships [6].
(第八届进博会)东航签下第八届进博会央企首单 一年期展位成交金额创新高