Edgar Filing: CHINA EASTERN AIRLINES CORP LTD

Form 6-K

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 July 2018

Commission File Number: 001-14550

China Eastern Airlines Corporation Limited

(Translation of Registrant’s name into English)

Board Secretariat’s Office

5/F, Block A2, Northern District, CEA Building

36 Hongxiang 3rd Road, Minhang District

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: ☒

Form 20-F ☐ 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): ☐

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): ☐

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: ☐ Yes ☒ 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	July 12, 2018	By	/s/ Wang Jian
			Name: Wang Jian
			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.

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

LOGO

(Stock code: 00670)

INSIDE INFORMATION

OVERSEAS REGULATORY ANNOUNCEMENT

ANNOUNCEMENT ON OPERATING DATA FOR JUNE 2018

This overseas regulatory announcement is made pursuant to Rule 13.09 and Rule 13.10B of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (“Listing Rules”) and the Inside Information Provisions (as defined under the Listing Rules) under Part XIVA of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong).

China Eastern Airlines Corporation Limited (the “Company”) and all members of the board of directors confirm that the information contained in this announcement is true, accurate and complete, and no misrepresentations, misleading statements or material omissions are contained herein.

I. OPERATING DATA


	Estimated amount completed in June 2018		Actual amount completed in June 2017		Year- on-year increase			Total estimated amount completed in January to June 2018		Total actual amount completed in January to June 2017		Year- on-year increase
Passenger Transportation Data ASK (available seat
— kilometres) (millions)		19,619.18		17,698.84		10.9	%		118,830.71		108,527.22		9.5	%
— Domestic routes		12,218.75		10,865.59		12.5	%		74,288.78		67,631.92		9.8	%
— International routes		6,865.76		6,356.19		8.0	%		41,410.00		37,984.36		9.0	%
— Regional routes		534.66		477.06		12.1	%		3,131.93		2,910.94		7.6	%
RPK (revenue passenger
— kilometres) (millions)		16,382.16		14,403.09		13.7	%		97,957.33		88,271.24		11.0	%
— Domestic routes		10,378.46		9,164.88		13.2	%		62,223.69		56,250.41		10.6	%
— International routes		5,556.30		4,852.52		14.5	%		33,169.46		29,722.13		11.6	%
— Regional routes		447.41		385.70		16.0	%		2,564.19		2,298.71		11.5	%


	Estimated amount completed in June 2018		Actual amount completed in June 2017		Year- on-year increase			Total estimated amount completed in January to June 2018		Total actual amount completed in January to June 2017		Year- on-year increase
Number of passengers carried (thousands)		9,887.83		8,693.98		13.7	%		58,899.98		53,389.06		10.3	%
— Domestic routes		8,241.67		7,310.53		12.7	%		49,004.50		44,531.38		10.0	%
— International routes		1,322.31		1,100.82		20.1	%		8,025.06		7,155.91		12.1	%
— Regional routes		323.86		282.64		14.6	%		1,870.43		1,701.77		9.9	%
Passenger load factor (%)		83.50		81.38		2.12	pts		82.43		81.34		1.10	pts
— Domestic routes		84.94		84.35		0.59	pts		83.76		83.17		0.59	pts
— International routes		80.93		76.34		4.58	pts		80.10		78.25		1.85	pts
— Regional routes		83.68		80.85		2.83	pts		81.87		78.97		2.90	pts
Freight Transportation Data AFTK (available freight tonne
— kilometres) (millions)		631.88		508.59		24.2	%		3,909.79		3,269.60		19.6	%
— Domestic routes		203.11		153.32		32.5	%		1,379.04		1,121.93		22.9	%
— International routes		413.46		342.79		20.6	%		2,433.59		2,058.64		18.2	%
— Regional routes		15.32		12.47		22.8	%		97.15		89.04		9.1	%
RFTK (revenue freight tonne
— kilometres) (millions)		207.43		193.04		7.5	%		1,244.97		1,161.12		7.2	%
— Domestic routes		67.33		68.76		-2.1	%		425.14		426.16		-0.2	%
— International routes		137.47		121.22		13.4	%		803.13		718.48		11.8	%
— Regional routes		2.63		3.06		-14.0	%		16.70		16.48		1.3	%
Weight of freight carried (million kg)		71.19		68.32		4.2	%		439.86		422.79		4.0	%
— Domestic routes		49.28		49.25		0.1	%		311.22		306.77		1.5	%
— International routes		19.63		16.46		19.2	%		114.37		101.94		12.2	%
— Regional routes		2.28		2.61		-12.5	%		14.28		14.09		1.4	%
Freight load factor (%)		32.83		37.96		-5.13	pts		31.84		35.51		-3.67	pts
— Domestic routes		33.15		44.85		-11.69	pts		30.83		37.98		-7.16	pts
— International routes		33.25		35.36		-2.11	pts		33.00		34.90		-1.90	pts
— Regional routes		17.19		24.55		-7.36	pts		17.19		18.51		-1.32	pts


	Estimated amount completed in June 2018		Actual amount completed in June 2017		Year- on-year increase			Total estimated amount completed in January to June 2018		Total actual amount completed in January to June 2017		Year- on-year increase
Consolidated Data ATK (available tonne
— kilometres) (millions)		2,397.61		2,101.48		14.1	%		14,604.55		13,037.05		12.0	%
— Domestic routes		1,302.80		1,131.23		15.2	%		8,065.03		7,208.80		11.9	%
— International routes		1,031.37		914.85		12.7	%		6,160.49		5,477.23		12.5	%
— Regional routes		63.44		55.41		14.5	%		379.03		351.02		8.0	%
RTK (revenue tonne
— kilometres) (millions)		1,656.19		1,469.76		12.7	%		9,896.19		8,983.17		10.2	%
— Domestic routes		987.22		882.40		11.9	%		5,926.99		5,416.99		9.4	%
— International routes		626.81		550.16		13.9	%		3,726.61		3,346.71		11.4	%
— Regional routes		42.16		37.20		13.3	%		242.59		219.47		10.5	%
Overall load factor (%)		69.08		69.94		-0.86	pts		67.76		68.90		-1.14	pts
— Domestic routes		75.78		78.00		-2.23	pts		73.49		75.14		-1.65	pts
— International routes		60.77		60.14		0.64	pts		60.49		61.10		-0.61	pts
— Regional routes		66.46		67.14		-0.68	pts		64.00		62.52		1.48	pts

Notes: Freight transportation data only contained data of bellyhold space in passenger aircraft.

II. FLEET STRUCTURE

In June 2018, the Company introduced six aircraft (two A320NEO aircraft, one A330-300 aircraft, two B737-800 aircraft and one B737-8MAX aircraft). As at the end of June 2018, details of the fleet structure of aircraft of the Company were as follows:


								(Units)
No.	Model	Self-owned		Under finance lease		Under operating lease		Sub-total
	Wide-body passenger aircraft		29		45		6		80
1	B777-300ER		9		11		0		20
2	B767		3		0		0		3
3	A330-200		15		15		0		30
4	A330-300		2		19		6		27
	Narrow-body passenger aircraft		221		204		137		562
5	B737-700		43		12		0		55
6	B737-800		46		71		86		203
7	A319		13		20		2		35
8	A320		80		51		49		180
9	A320neo		0		2		0		2
10	A321		39		38		0		77
11	B737-8MAX		0		10		0		10
	Total		250		249		143		642

Note: The ten business aircraft held under trust of the Company were not included in the fleet.

III. BRIEF EXPLANATION ON OPERATING DATA

In relation to passenger traffic, passenger transportation capacity (measured by available seat- kilometres) of the Company in June 2018 increased by 10.9% year-on-year, passenger traffic volume (measured by revenue passenger-kilometres) increased by 13.7% year-on-year, and passenger load factor increased by 2.12 percentage points to 83.50% year-on-year.

The freight transportation business of the Company only consists of bellyhold space freight operated through passenger aircraft, and the business is under contractual operation by a subsidiary of the controlling shareholder of the Company. Freight load volume in June 2018 increased by approximately 4.2% year-on-year.

In June 2018, the Company launched new international routes such as Shanghai-Stockholm, and new domestic routes such as Shanghai-Qingdao-Shenyang and Shanghai-Yantai-Shenyang.

IV. RISK ALERT

The board of directors of the Company hereby reminds investors that the operating data set forth above was compiled in accordance with the Company’s internal information which has not been audited and may be subject to adjustment. The operating data set forth above may differ from the data disclosed in any regular report for the relevant period. The Company reserves its rights to adjust the operating data based on audit findings and the actual situation. The monthly operating data disclosed by the Company only serves as preliminary and periodical data for investors’ reference. Investors are hereby reminded of the investment risks which may result from inappropriate reliance upon or utilization of the information above.

The data set forth above is published on the website of the Shanghai Stock Exchange (www.sse.com.cn), the website of The Stock Exchange of Hong Kong (www.hkex.com.hk) and the column “Investor Relations” on the website of the Company (www.ceair.com).

By order of the Board

CHINA EASTERN AIRLINES CORPORATION LIMITED

Wang Jian

Company Secretary

Shanghai, the People’s Republic of China

11 July 2018

As at the date of this announcement, the directors of the Company include Liu Shaoyong (Chairman), Ma Xulun (Vice Chairman, President), Li Yangmin (Director, Vice President), Gu Jiadan (Director), Tang Bing (Director, Vice President), Tian Liuwen (Director, Vice President), Yuan Jun (Employee Representative Director), Li Ruoshan (Independent non-executive Director), Ma Weihua (Independent non-executive Director), Shao Ruiqing (Independent non-executive Director) and Cai Hongping (Independent non-executive Director).