CEA, NYSE

China Eastern Airlines Corporation Limited (CEA)

Price (as of October 29)

17.265USD

Correlations

The correlation describes the statistical relationship between the value of two assets over time. Use this relationship to bet against an asset without shorting it or diversify your portfolio more effectively. Learn how you can use correlations to your advantage.

Lowest within Industry

Symbol Correlation

AAL

American Airlines Group Inc.

-0.03

ALK

Alaska Air Group, Inc.

-0.02

ALGT

Allegiant Travel Company

-0.01

Highest within Industry

Symbol Correlation

ALGT

Allegiant Travel Company

-0.01

ALK

Alaska Air Group, Inc.

-0.02

AAL

American Airlines Group Inc.

-0.03


Profile

Sector:
Industrials
Industry:
Airlines

China Eastern Airlines Corporation Limited, together with its subsidiaries, operates in the civil aviation industry in the People’s Republic of China, Hong Kong, Macau, Taiwan, and internationally. The company offers passenger, cargo, mail delivery, ground, tour operations, air catering, and other miscellaneous services. It is also involved in flight training; airline maintenance; the provision of import and export, investment, leasing, and consultation services; the research and development of technology and products in the field of aviation; and e-commerce platform and ticket agent services. As of December 31, 2021, the company operated a fleet of 758 aircraft, including 752 passenger aircraft and 6 business aircraft. China Eastern Airlines Corporation Limited was founded in 1988 and is headquartered in Shanghai, the People’s Republic of China.