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Volume 14,Issue 3 Autumn 2012

China Eastern Airlines Gets Capital Injection Of Up To 7 Billion Yuan


It was announced in a board resolution of China Eastern Airlines on 30 December 2008 that China Eastern adjusted their private offering plan by offering A shares and H shares in directional add-issuance to the shareholders of China Eastern Air Holding Company, which can raise the original capital from 3 billion Yuan up to 7 billion Yuan.
By 30 September 2008, the total assets of China Eastern have reached 75.471 billion Yuan, and the total debts were 74.332 billion Yuan. The shareholders’ rights from the mother company were 528 million Yuan, and the asset-liability ratio was 98.49%.

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