U.S. Markets closed

China Eastern Airlines Corporation Limited (CEA)

NYSE - NYSE Delayed Price. Currency in USD
Add to watchlist
22.08+0.48 (+2.22%)
At close: 4:00PM EDT
Full screen
Trade prices are not sourced from all markets
Gain actionable insight from technical analysis on financial instruments, to help optimize your trading strategies
Chart Events
Neutralpattern detected
Previous Close21.51
Open21.70
Bid21.55 x 900
Ask21.58 x 1100
Day's Range21.55 - 21.74
52 Week Range16.67 - 26.19
Volume3,583
Avg. Volume19,303
Market Cap11.365B
Beta (5Y Monthly)0.71
PE Ratio (TTM)N/A
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & Yield0.35 (1.55%)
Ex-Dividend DateJul 07, 2020
1y Target EstN/A
  • Air France to boost China Eastern venture after share issue
    Reuters

    Air France to boost China Eastern venture after share issue

    PARIS (Reuters) -Air France-KLM will expand its partnership with China Eastern Airlines, as the Chinese carrier contributes to a 1 billion-euro ($1.2 billion) share issue heavily backed by the French government, the airline group said on Monday. The French state will cover as much as two-thirds of a 988 million-euro capital increase by Air France-KLM, more than doubling its stake to nearly 30%, while 8.8% shareholder China Eastern invests up to 168 million euros to maintain or slightly increase its stake, subject to a 10% agreed cap. The share issue, which may rise to 1.14 billion euros with an increase option, is part of a 4 billion-euro recapitalisation announced last week - the latest move by a major airline group to shore up finances after more than a year of COVID-19 travel shutdowns and deep losses for the sector.

  • Air France-KLM gets EU approval for $4.7 billion in state aid
    MarketWatch

    Air France-KLM gets EU approval for $4.7 billion in state aid

    The European Commission has approved a €4 billion ($4.7 billion) recapitalization of Air France-KLM that could see the French state double its stake in the carrier, which has been hammered by the unprecedented collapse in global travel during the COVID-19 pandemic. France, which already holds a 14.3% stake in Air France-KLM, will convert €3 billion in loans it gave to the airline last year into hybrid debt and take part in a planned additional capital raise for up to €1 billion, the airline said on Tuesday. As a result, the French government’s shareholding could rise to 30%, making it Air France-KLM’s single largest investor, French finance minister Bruno Le Maire told France Inter radio on Tuesday morning.

  • Cheap seats give Chinese airlines a much-needed passenger bounce
    Reuters

    Cheap seats give Chinese airlines a much-needed passenger bounce

    Looking to travel from Beijing to Hangzhou in eastern China? Led by China Eastern Airlines Corp's <600115.SS> June offer of unlimited weekend flights until Dec. 31 for 3,322 yuan ($485), domestic carriers have fallen over themselves to woo passengers back with bargain-basement fares. At the same time, China's success in mitigating the spread of the coronavirus has helped consumers regain the confidence to travel.