China Eastern Airlines board approves strategic asset disposals and equity transfer

China Eastern Airlines' board of directors, at its 12th meeting of 2025 held on November 19, 2025, approved several key resolutions. The board agreed to the acquisition of land, buildings, and associated fixed assets belonging to China Eastern Airlines Yunnan Co., Ltd. at Kunming Changshui Airport by the local government.

Additionally, the board sanctioned the transfer of a 49% equity stake in Shanghai Eastern Airlines Supply Chain Management Co., Ltd., held by Eastern Airlines Import & Export Co., Ltd., to affiliated party Eastern Airlines Logistics Co., Ltd. The transfer price will be based on the appraised value of the supply chain company's assets as of June 30, 2025.

The board also approved the sale of land, buildings, and related facilities at the Shanghai Hongqiao Base on Suining Road, owned by Shanghai Airlines Co., Ltd., to China Cargo Airlines Co., Ltd., a subsidiary of Eastern Airlines Logistics Co., Ltd. The transfer price will be no less than the appraised asset value as of June 30, 2025.