--- title: "China Eastern Airlines Swings to Profit in First Quarter of 2026" type: "News" locale: "en" url: "https://longbridge.com/en/news/284598217.md" description: "China Eastern Airlines Corporation Limited reported a profit of RMB 1.77 billion for Q1 2026, a significant turnaround from losses a year prior. Revenue increased by 10.94% to RMB 37.06 billion, with operating cash flow rising 44.64% to RMB 3.46 billion. Basic earnings per share improved to RMB 0.07, and return on net assets reached 10.9%. The airline's stock is currently rated as a Sell with a price target of HK$2.90. The company operates in both domestic and international markets and is listed in Hong Kong and Shanghai." datetime: "2026-04-29T14:19:27.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/284598217.md) - [en](https://longbridge.com/en/news/284598217.md) - [zh-HK](https://longbridge.com/zh-HK/news/284598217.md) --- # China Eastern Airlines Swings to Profit in First Quarter of 2026 ### Claim 55% Off TipRanks - Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions - Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks China Eastern Airlines Corporation Limited Class H ( (HK:0670) ) has issued an update. China Eastern Airlines has released its unaudited financial results for the first quarter of 2026, in accordance with Chinese regulatory and dual-listing disclosure requirements in Shanghai and Hong Kong. The board and senior management affirmed the truthfulness and completeness of the report, which was prepared under China Accounting Standards for Business Enterprises and simultaneously disclosed on both exchanges. The airline reported revenue of RMB 37.06 billion for the period, up 10.94% year on year, with a swing to total profit of RMB 1.77 billion and net profit attributable to shareholders of RMB 1.63 billion, compared with losses a year earlier. Operating cash flow rose 44.64% to RMB 3.46 billion, while basic earnings per share improved to RMB 0.07 and return on net assets climbed to 10.9%, signaling a notable recovery in profitability and balance sheet strength for stakeholders. The most recent analyst rating on (HK:0670) stock is a Sell with a HK$2.90 price target. To see the full list of analyst forecasts on China Eastern Airlines Corporation Limited Class H stock, see the HK:0670 Stock Forecast page. **More about China Eastern Airlines Corporation Limited Class H** China Eastern Airlines Corporation Limited is a major Chinese carrier operating in the civil aviation industry, providing domestic and international air passenger and cargo transport services. The company is listed in both Hong Kong and Shanghai, and prepares its financial statements under China Accounting Standards for Business Enterprises, reflecting its role as a leading state-linked airline serving key mainland and regional markets. **Average Trading Volume:** 31,805,276 **Technical Sentiment Signal:** Buy **Current Market Cap:** HK$105B Find detailed analytics on 0670 stock on TipRanks’ Stock Analysis page. ### Related Stocks - [00670.HK](https://longbridge.com/en/quote/00670.HK.md) - [600115.CN](https://longbridge.com/en/quote/600115.CN.md) ## Related News & Research - [Chinese airlines to raise domestic flight fuel surcharges from May 16, Yicai reports](https://longbridge.com/en/news/286067901.md) - [Oil shock triggers unexpected summer travel deals](https://longbridge.com/en/news/286653957.md) - [Oil price surge drives airfare hikes but opens rare deals](https://longbridge.com/en/news/286650701.md) - [DBS Keeps Their Sell Rating on China Eastern Airlines Corporation Limited Class H (0670)](https://longbridge.com/en/news/284782188.md) - [SIA April passenger traffic up 7% on spillover demand to Europe, US](https://longbridge.com/en/news/286711032.md)