Summary by Moomoo AI
China Eastern Airlines released its February 2024 operating data on 15 March 2024, which showed that passenger traffic volume increased by 57.81% year-on-year, passenger turnover increased by 80.30% year-on-year, and passenger occupancy reached 83.38%, up 10.40 percentage points year-on-year. Turnover of shipments also increased by 117.73% year-on-year. DURING THE MONTH, THE COMPANY ENCRYPTED AND LAUNCHED MULTIPLE ROUTES IN THE DOMESTIC AND FOREIGN MARKETS, AND MAINTAINED AN OPERATING SCALE OF 782 AIRCRAFT, INCLUDING OWNED, FINANCED AND LEASED AIRCRAFT. The Company's Board of Directors reminded investors that the operating data is unaudited and may be subject to adjustments and advised that investors should not rely too much on the preliminary data to avoid investment risk.