Juneyao airlines major shareholder to reduce stake, operating data released

Eastern Airlines Industry Investment Co., Ltd., a significant shareholder in Juneyao Airlines, plans to reduce its holdings by up to 21,840,052 shares, not more than 1% of the company's total share capital. This reduction will occur through centralized competitive bidding within three months, starting 15 trading days from the announcement date. This move follows a previous reduction by controlling shareholder Juneyao Group, which, along with its affiliates, decreased its stake from 48.39% to 46.39% by selling 43,680,105 shares via block trades on December 15, 2025.

Despite these reductions, Juneyao Airlines and Eastern Airlines Group will maintain their strategic partnership, with Eastern Airlines Industry Investment remaining a strategic investor. The company also released its November 2025 operating data, showing a 6.05% year-over-year increase in passenger capacity and an 8.92% increase in passenger turnover. The passenger load factor reached 85.39%, up 2.25% year-over-year.

As of November 30, 2025, Juneyao Airlines operated a total of 129 aircraft across its fleet and its subsidiary, 9 Air Co., Ltd.