China Eastern Airlines (SHSE:600115) Passenger Revenue per Available Seat Mile (Cents) : 0.00 (As of . 20)

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What is China Eastern Airlines Passenger Revenue per Available Seat Mile (Cents)?

Passenger Revenue per Available Seat Mile (Cents) is a unit of measurement commonly used to compare the efficiency of various airlines. It is obtained by dividing passenger revenue by available seat miles (ASM). Generally, the higher the value, the more profitable the airline.

The historical rank and industry rank for China Eastern Airlines's Passenger Revenue per Available Seat Mile (Cents) or its related term are showing as below:

SHSE:600115's Passenger Revenue per Available Seat Mile (Cents) is not ranked ^*
in the Transportation industry.
Industry Median:
* Ranked among companies with meaningful Passenger Revenue per Available Seat Mile (Cents) only.

China Eastern Airlines Passenger Revenue per Available Seat Mile (Cents) Historical Data

The historical data trend for China Eastern Airlines's Passenger Revenue per Available Seat Mile (Cents) 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 Passenger Revenue per Available Seat Mile (Cents) Chart

China Eastern Airlines (SHSE:600115) Passenger Revenue per Available Seat Mile (Cents) Calculation

Passenger Revenue per Available Seat Mile (Cents) is calculated as

Passenger Revenue per Available Seat Mile (Cents)

Passenger Revenue

Available Seat Miles

China Eastern Airlines (SHSE:600115) Passenger Revenue per Available Seat Mile (Cents) Explanation

Passenger Revenue per Available Seat Mile (Cents) is a term that airlines use to describe and evaluate their financial performance. Generally, the higher the value, the more profitable the airline.

A more widely used measurement is Total Revenue per Available Seat Mile (Cents), which is more encompassing because it factors in all operating revenue, in terms of capacity, rather than just passenger revenue. Revenue per available seat mile (RASM) includes a myriad of revenue sources including fees or charges for baggage, seat selection, food and drink, and Wi-Fi, which make it a favorite standard unit of measurement by most airlines and investment analysts.

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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 » Passenger Revenue per Available Seat Mile (Cents)

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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