Unassociated Document
UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
___________________
FORM
6-K
Report
of Foreign Private Issuer
Pursuant
to Rule 13a-16 or 15d-16
under
the Securities Exchange Act of 1934
For
the
month of April 2008.
Commission
File Number: 001-14550
China
Eastern Airlines Corporation Limited
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(Translation
of Registrant’s name into English)
2550
Hongqiao Road
Hongqiao
Airport
Shanghai,
China 200335
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(Address
of principal executive offices)
Indicate
by check mark whether the registrant files or will file annual reports under
cover of Form 20-F or Form 40-F: x Form 20-F o Form
40-F
Indicate
by check mark if the registrant is submitting the Form 6-K in paper as permitted
by Regulation S-T Rule 101(b)(1): o
Indicate
by check mark if the registrant is submitting the Form 6-K in paper as permitted
by Regulation S-T Rule 101(b)(7): o
Indicate
by check mark whether the registrant by furnishing the information contained
in
this Form is also thereby furnishing the information to the Commission pursuant
to Rule 12g3-2(b) under the Securities Exchange Act of 1934: o Yes x No
If
"Yes"
is marked, indicate below the file number assigned to the registrant in
connection with Rule 12g3-2(b): n/a
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant
has
duly caused this report to be signed on its behalf by the undersigned, thereunto
duly authorized.
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China
Eastern Airlines Corporation Limited |
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(Registrant)
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| Date
April 28, 2008 |
By |
/s/ Li
Fenghua |
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Name:
Li Fenghua |
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Title:
Chairman of the Board of Directors |
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Certain
statements contained in this announcement may be regarded as
"forward-looking statements" within the meaning of the U.S. Securities
Exchange Act of 1934, as amended. Such forward-looking statements
involve
known and unknown risks, uncertainties and other factors, which
may cause
the actual performance, financial condition or results of operations
of
the Company to be materially different from any future performance,
financial condition or results of operations implied by such
forward-looking statements. Further information regarding these
risks,
uncertainties and other factors is included in the Company's filings
with
the U.S. Securities and Exchange Commission. The forward-looking
statements included in this announcement represent the Company's
views as
of the date of this announcement. While the Company anticipates
that
subsequent events and developments may cause the Company's views
to
change, the Company specifically disclaims any obligation to update
these
forward-looking statements, unless required by applicable laws.
These
forward-looking statements should not be relied upon as representing
the
Company's views as of any date subsequent to the date of this
announcement.
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Clarification
Announcement Of China
Eastern Airlines Corporation Limited
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The
Company and all the members of the Board of Directors hereby
confirm the
truthfulness, accuracy and completeness of the contents of this
announcement and jointly accept full responsibility for any false
representation, misleading statement or material omission herein
contained.
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China
Eastern Airlines Corporation Limited (the “Company”) has received the
Notice
on
the Execution of the
Punishment Regarding the Flight Returns Incident of the Yunnan Branch of
the
Company Issued
by
the Civil Aviation Administration of China Southwest Bureau
(the
“Notice”).
At the
request of the Shanghai Stock Exchange, the Company hereby makes an announcement
regarding the Notice.
The
main
content of the Notice is as follows:
“According
to the punishment decisions made by the
Civil
Aviation Administration of China on
16
April regarding the flight returns incident of the Company and ‘Regulations of
China Civil Aviation Domestic Routes Operation Permit’(CAAC Order No. 160), and
based on its investigation, the Civil Aviation of China Southwest Bureau
has
made two specific decisions regarding the Company: 1) starting from 4 May
2008, the operation rights granted to the Company for the routes between
Kunming
and Banna and between Kunming and Dali shall be suspended and transferred
temporarily to other airlines; and 2) from 26 April 2008, the number of the
Company’s flights shall be reduced as follows: a decrease of 6 flights per day
between Kunming and Lijiang, a decrease of 6 flights per day between Kunming
and
Zhongdian, a decrease of 2 flights per day between Kunming and Mangshi, a
decrease of 2 flights per day between Kunming and Lincang, a decrease of
2
flights per day between Kunming and Simao and a decrease of 2 flights per
day
between Kunming and Wenshan. ”
In
2007,
the revenues from the principal operations of the two suspended routes and
those
routes with reduced flights were RMB 260 million and RMB 400 million
respectively, which in aggregate accounted for 1.52% of the audited revenues
from principal operations for 2007. Based on the macro-economic conditions
at
home and abroad and the Company’s operating environment in 2007, it is predicted
that the direct impact of the two suspended routes and those routes with
reduced
flights on the Company will be a reduction of RMB 187 million and RMB 218
million, respectively, in the revenues from principal operations for the
coming
eight months of 2008.
The
current operations
of the
Company remain normal and the Company is making all efforts to re-allocate
the
capacity of the suspended routes and those routes with reduced flights to
other
routes. The Company will take this lesson regarding the incident seriously
and
actively implement the operating requirements of the relevant regulatory
authorities. It will make an application to the relevant regulatory authorities
for the early resumption of the operation rights for the affected flights
and
routes. Meanwhile, the Company will improve its profitability by reinforcing
corporate governance, product enhancement and raising aircraft utilization
rates
and passenger occupancy rates. The Company is actively and reasonably
rearranging transportation capacity to mitigate the losses of the Company
due to
the incident.
Shanghai
Securities News is the newspaper designated by the Company for information
disclosure. All the information required to be disclosed by the Company will
be
published in the newspaper. As such, investors and shareholders of the Company
should exercise due caution when trading in the shares of the
Company.
The
Board
of Directors
China
Eastern Airlines Corporation Limited
April
28,
2008