China Eastern U.S. Expansion
04-15-2016, 04:57 AM
#1
Gets Weekends Off
Thread Starter
Joined APC: Oct 2009
Posts: 3,108
China Eastern U.S. Expansion
China Eastern to add planes with U.S. expansion in mind
08:25 AM ET CEA SA Editor Clark Schultz
China Eastern (NYSE:CEA) wants to increase the size of its fleet by over 40% to 800 aircraft by 2020, according to president Ma Xulun.
The investment in extra aircraft will be needed if the company's plan to expand traffic into the U.S. accelerates.
Delta Air Lines (NYSE
AL) is a major codesharing partner with China Eastern and holds a 3.55% stake in the Asian carrier.
Now read the Delta Air Lines conference call transcript which includes comments about the China Eastern partnership
08:25 AM ET CEA SA Editor Clark Schultz
China Eastern (NYSE:CEA) wants to increase the size of its fleet by over 40% to 800 aircraft by 2020, according to president Ma Xulun.
The investment in extra aircraft will be needed if the company's plan to expand traffic into the U.S. accelerates.
Delta Air Lines (NYSE
AL) is a major codesharing partner with China Eastern and holds a 3.55% stake in the Asian carrier.Now read the Delta Air Lines conference call transcript which includes comments about the China Eastern partnership
04-15-2016, 06:23 AM
#3
Gets Weekends Off
Joined APC: Dec 2009
Position: 7ERB
Posts: 2,039
Originally Posted by gzsg
China Eastern to add planes with U.S. expansion in mind
08:25 AM ET • CEA • SA Editor Clark Schultz
China Eastern (NYSE:CEA) wants to increase the size of its fleet by over 40% to 800 aircraft by 2020, according to president Ma Xulun.
The investment in extra aircraft will be needed if the company's plan to expand traffic into the U.S. accelerates.
Delta Air Lines (NYSEAL) is a major codesharing partner with China Eastern and holds a 3.55% stake in the Asian carrier.
Now read the Delta Air Lines conference call transcript which includes comments about the China Eastern partnership
08:25 AM ET • CEA • SA Editor Clark Schultz
China Eastern (NYSE:CEA) wants to increase the size of its fleet by over 40% to 800 aircraft by 2020, according to president Ma Xulun.
The investment in extra aircraft will be needed if the company's plan to expand traffic into the U.S. accelerates.
Delta Air Lines (NYSE
AL) is a major codesharing partner with China Eastern and holds a 3.55% stake in the Asian carrier.Now read the Delta Air Lines conference call transcript which includes comments about the China Eastern partnership
TEN
04-15-2016, 07:25 AM
#4
Gets Weekends Off
Joined APC: Mar 2015
Position: stake holder ir.delta.com
Posts: 10,031
Ed Bastian is a China Eastern board member. He knew about this awhile ago. He also knows where this is going in the next few years. 1,3,5,10 year strategic business plans. The Chinese have them too and they are approved by their board.
http://www.reuters.com/article/china...pe=companyNews
http://www.reuters.com/article/china...pe=companyNews
06-27-2016, 06:16 PM
#9
The Brown Dot +1
Joined APC: Jun 2009
Position: 777B
Posts: 7,775
Originally Posted by Hank Kingsley
Yeah, but we're hiring and airplanes ordered. Don't worry.
Come on, yu'uns know me better than this.
06-27-2016, 07:06 PM
#10
Gets Weekends Off
Joined APC: Mar 2007
Position: Capt
Posts: 3,215
With the retirements coming and all the hiring thats going on, noone will even feel this.
Thread
Thread Starter
Forum
Replies
Last Post
