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China Eastern

4560 employees

Headquartered in Shanghai, China Eastern Airlines Corporation Limited (CEA) is among China’s three major airlines. It originated from the first squadron established by former Civil Aviation Administration of Shanghai in January, 1957. After a series of reform, CEA was founded in 1988 and listed on New York, Hong Kong and Shanghai stock markets in 1997, becoming the first airline listed on three markets together. Currently, it operates a fleet of over 640 aircrafts, with average age less than 5.5 years, being one of the youngest fleets in major airlines in the world. As a member of the SkyTeam Alliance, CEA serves over 100 million passengers globally and ranks 7th in the world. Through its air network, CEA now reaches 1,062 destinations in 177 countries. Frequent Flyers of Eastern Miles are privileged with 672 lounges worldwide within all 20 SkyTeam member airlines.

Investor insights

Funding rounds participated in

$463M sweet spot round size

Investor type

Public Company

Basic info

Industry

Airlines and Aviation

Sectors

Airlines and Aviation

Date founded

1988

Funding rounds raised

Total raised

$463M

from 1 investors over 1 rounds

C

China Eastern raised $463M on May 21, 2016

Investors: Trip.com

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