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China Eastern Secures $691M in Perpetual Debt Financing

China Eastern Airlines has announced the successful raising of $691 million in perpetual debt financing from its controlling shareholder, China Eastern Airlines Group Co. The debt carries an annual interest rate of 2.20%, providing the airline with a flexible financial instrument to support its operations and growth initiatives.

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China Eastern Airlines Takes Delivery of New Airbus A321neo

China Eastern Airlines, one of China’s leading carriers, has added a new Airbus A321neo to its fleet as part of its ongoing modernization strategy. The aircraft, with serial number 12180, is powered by advanced LEAP-1A32 engines from CFM International, designed for improved fuel efficiency and lower emissions. This addition supports China Eastern’s focus on sustainability…

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China Eastern Airlines Reports $280 Million Net Profit in Q3 2024

China Eastern Airlines has reported a net profit of US$280 million for the third quarter of 2024, marking a significant turnaround from the losses experienced in previous periods. This positive outcome is attributed to a robust recovery in passenger demand and strategic operational enhancements.

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TransNusa to Receive First Airbus A321 for Fleet Expansion

TransNusa, an Indonesian carrier, is set to receive its first Airbus A321, serial number 2309, on lease and equipped with CFM56-5B3/P engines. This aircraft marks a significant step in TransNusa’s fleet development as it expands to serve growing regional passenger demand. The A321, with its extended range and seating capacity, offers TransNusa an efficient solution…

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China Eastern Adds New Airbus A321neo to Fleet

China Eastern Airlines has recently bolstered its fleet by adding a new Airbus A321neo, identified by serial number 12093 and powered by LEAP-1A32 engines. This acquisition supports China Eastern’s strategy to modernize its fleet with fuel-efficient, next-generation aircraft. The LEAP-1A32 engines, produced by CFM International, are known for their optimized fuel efficiency and lower carbon…