UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
___________________
FORM
6-K
Report
of Foreign Private Issuer
Pursuant
to Rule 13a-16 or 15d-16
under
the Securities Exchange Act of 1934
For the
month of December 2008
Commission
File Number: 001-14550
China
Eastern Airlines Corporation Limited
———————————————————————————————————
(Translation
of Registrant’s name into English)
2550
Hongqiao Road
Hongqiao
Airport
Shanghai,
China 200335
———————————————————————————————————
(Address
of principal executive offices)
Indicate by check mark whether the
registrant files or will file annual reports under cover of Form 20-F or Form
40-F: x Form
20-F o Form 40-F
Indicate by check mark if the registrant
is submitting the Form 6-K
in paper as permitted by Regulation S-T Rule 101(b)(1): o
Indicate by check mark if the registrant
is submitting the Form 6-K in paper as permitted by Regulation S-T Rule
101(b)(7): o
Indicate by check mark whether the
registrant by furnishing
the information contained in this Form is also thereby furnishing the
information to the Commission pursuant to Rule 12g3-2(b) under the Securities
Exchange Act of 1934: o Yes x No
If "Yes" is marked, indicate below the
file number assigned to the
registrant in connection with Rule 12g3-2(b): n/a
SIGNATURES
Pursuant to the requirements of the
Securities Exchange Act of 1934, the registrant has duly caused this report to
be signed on its behalf by the undersigned, thereunto duly
authorized.
| China Eastern Airlines Corporation Limited | |||
|
(Registrant)
|
|||
| Date December 30, 2008 |
By
|
/s/ Luo Zhuping | |
| Name: Luo Zhuping | |||
| Title: Company Secretary | |||
Certain
statements contained in this announcement may be regarded as "forward-looking
statements" within the meaning of the U.S. Securities Exchange Act of 1934, as
amended. Such forward-looking statements involve known and unknown
risks, uncertainties and other factors, which may cause the actual performance,
financial condition or results of operations of the Company to be materially
different from any future performance, financial condition or results of
operations implied by such forward-looking statements. Further
information regarding these risks, uncertainties and other factors is included
in the Company's filings with the U.S. Securities and Exchange
Commission. The forward-looking statements included in this
announcement represent the Company's views as of the date of this
announcement. While the Company anticipates that subsequent events
and developments may cause the Company's views to change, the Company
specifically disclaims any obligation to update these forward-looking
statements, unless required by applicable laws. These forward-looking
statements should not be relied upon as representing the Company's views as of
any date subsequent to the date of this announcement.
(A joint stock limited company
incorporated in the People’s Republic of China with limited
liability)
(Stock code: 670)
Announcement in relation to Aviation
Fuel Hedging Activities
Since China Eastern Airlines Corporation
Limited (the “Company”) announced its results for the third quarter
of 2008 and published an announcement in relation to aviation fuel hedging
activities on 26 November 2008, the global financial crisis has further
aggravated and the international crude oil price has continued to
decrease sharply. The closing price of the
New York West Texas Intermediate crude oil was US$67.81 per barrel on 31 October
2008 and was US$54.37 per barrel on 30 November 2008. Due to the continual
decrease of international crude oil price in December 2008, the fair value loss of the Company on the
aviation fuel hedging contracts may further increase.
As at 30 November 2008, the Company
incurred actual cash loss of US$420,000 from the settlement of the current
aviation fuel hedging contracts in November 2008. As of now, the actual loss from the
settlement of aviation fuel hedging contracts will not have material adverse
effect on the cash flow position of the Company.
By order of the board of the directors
of
CHINA EASTERN AIRLINES CORPORATION
LIMITED
Luo Zhuping
Director and Company
Secretary
The directors of the Company as at the
date of this announcement are:
|
Li Jun
|
(Vice Chairman acting on behalf of
the Chairman,
Non-executive Director)
|
|
|
Li Fenghua
|
(Non-executive
Director)
|
|
|
Cao
Jianxiong
|
(Executive Director)
|
|
|
Luo
Chaogeng
|
(Non-executive
Director)
|
|
|
Luo Zhuping
|
(Executive
Director)
|
|
|
Hu Honggao
|
(Independent Non-executive
Director)
|
|
|
Peter Lok
|
(Independent Non-executive
Director)
|
|
|
Wu Baiwang
|
(Independent Non-executive
Director)
|
|
|
Zhou Ruijin
|
(Independent Non-executive
Director)
|
|
|
Xie Rong
|
(Independent Non-executive
Director)
|
Shanghai, the People’s Republic of China
30 December 2008