China Eastern Airlines (SHSE:600115) Available Seat Miles (Mil) : 0.00 (As of . 20)

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What is China Eastern Airlines Available Seat Miles (Mil)?

Available Seat Miles (Mil), or Available Seat Kilometers (Mil), shows how many seat miles are actually available for sale on an airline. It measures the carry capacity available to generate revenues.

The historical rank and industry rank for China Eastern Airlines's Available Seat Miles (Mil) or its related term are showing as below:

China Eastern Airlines Available Seat Miles (Mil) Historical Data

The historical data trend for China Eastern Airlines's Available Seat Miles (Mil) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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China Eastern Airlines Available Seat Miles (Mil) Chart

China Eastern Airlines (SHSE:600115) Available Seat Miles (Mil) Explanation

Available Seat Miles (Mil) (ASM), or Available Seat Kilometers (Mil) is a very important metric in deciding which airlines are best at generating revenues from the availability of seats to customers for investors to analyze airlines.

Not every occupied seat generates revenue for the carrier. Some non-revenue passengers would also occupy seats, such as airline’s personnels and certain types of standby passengers. How airlines balance such non-revenue passengers against its seats occupied by paying customers can directly affect the profitability of each flight.

Measurements calculated based on ASM could provide a full picture of a flight’s financial performance, such as Total Revenue per Available Seat Mile (Cents) and Cost per Available Seat Mile (Cents), which can be combined together to determine the profitability of each flight.

China Eastern Airlines Available Seat Miles (Mil) Related Terms

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China Eastern Airlines (SHSE:600115) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » China Eastern Airlines Corp Ltd (SHSE:600115) » Definitions » Available Seat Miles (Mil)

Comparable Companies

Traded in Other Exchanges

CHEAF:USA 00670:Hong Kong CIAH:Germany

Address

36 Hongxiang 3rd Road, 5th Floor, Block A2, CEA Building, Northern District, Minhang District, Shanghai, CHN, 201100

Website

https://www.ceair.com

China Eastern Airlines is based in Shanghai and is one of the three largest state-owned airlines in China. The group operated a fleet of 778 aircraft as of 2022 and carried more than 130 million passengers in prepandemic 2019. It runs a hub-and-spoke model under which it gathers and distributes passengers from air hubs like Shanghai, Beijing, Xi'an, and Kunming. The group's route network extends to over 220 destinations and 40 countries and regions.

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