China Eastern Airlines board approves key amendments and transactions

The board of directors of China Eastern Airlines (SSE:600115) convened its 6th meeting of 2025, approving several key resolutions. These include amendments to the company's articles of association, rules of procedure for shareholders' meetings, and rules of procedure for the board of directors, all to be submitted for shareholder approval. The board also approved the removal of the company's supervisory board. Adjustments to 2025's aircraft and engine-related transactions were also approved, adjusting the upper limit of aircraft and engine sales to CNY 1.8 billion. Limits were also set for aircraft and engine leases at USD 4.6 billion and the use of right-of-use assets at USD 3.65 billion. Furthermore, the board approved the airline's planned daily connected transactions for 2026-2028. The board has called for the company to hold a second extraordinary general meeting in 2025.