China Eastern Airlines traded at $18.96 this Monday May 8th, decreasing $0.48 or 2.45 percent since the previous trading session. Looking back, over the last four weeks, China Eastern Airlines lost 5.75 percent. Over the last 12 months, its price rose by 20.17 percent. Looking ahead, we forecast China Eastern Airlines to be priced at 18.54 by the end of this quarter and at 17.33 in one year, according to Trading Economics global macro models projections and analysts expectations.
China Eastern Airlines Corporation Limited is a China-based company principally engaged in the provision of airline transportation and extended services. The Company is primarily engaged in the operation of airline passenger, cargo, mail delivery, tour operations and other extended transportation services. The Company also involves in general aviation transportation, aircraft maintenance, aviation equipment manufacturing and maintenance, air transport agency for domestic and foreign airlines, other related business, part-time insurance agent services, e-commerce, airline supermarket, as well as commodity wholesale and retail business. The Company operates its business in domestic market and to overseas markets.