QUOTE AND NEWS
The Economic Times  6 hrs ago  Comment 
The ambitious 8.1-8.5 per cent economic growth projected for the next fiscal in Finance Minister Arun Jaitley's Budget is more like a "statistical and not a real number," Chief Economic Adviser Arvind Subramanian said.
The Economic Times  Mar 2  Comment 
The Reserve Bank of India will have freedom to use its instruments for monetary transmission, Subramanian said.
The Economic Times  Mar 1  Comment 
The rupee could well be too robust for India's long-term economic wellbeing, Chief Economic Adviser Arvind Subramanian suggested.
The Times of India  Feb 27  Comment 
Government's new GDP methodology is "puzzling" for none other than chief economic advisor Arvind Subramanian, who on Friday said the new numbers show growth to have accelerated during 2013-14 despite that being a "kind of bad year".
The Hindu Business Line  Feb 27  Comment 
While writing his maiden economic survey, CEA Arvind Subramanian says he was inspired by the IMF’s World Economic Outlook but tried to leave his own “imprint” and make it readable like “a blog“.
The Economic Times  Feb 25  Comment 
Finance Minister Arun Jaitley yesterday had said the Centre has accepted the recommendations of the Finance Commission and it shows NDA government's commitment to cooperative federalism.
Insurance Journal  Feb 24  Comment 
The California Earthquake Authority has begun surveying Napa residents to find out how well their homes withstood the magnitude 6.0 earthquake centered in the South Napa area on Aug. 24, 2014. Under an initiative that CEA executives hope will...
The Economic Times  Feb 6  Comment 
The idea that public spending needs to be increased was mooted by CEA Arvind Subramanian in the mid-year economy review in December.
The Times of India  Jan 26  Comment 
Lauding RBI’s role in helping bring down inflation, chief economic advisor Arvind Subramanian said the central bank may further ease the interest rates as improvement on price front has opened the space for monetary easing.
The Economic Times  Jan 19  Comment 
Other prominent Indian names would include CEA Arvind Subramanian, as also CMs of Maharashtra and Andhra Pradesh -- Devendra Fadnavis and Chandrababu Naidu.




 
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China Eastern Airlines Corporation Limited (China Eastern), one of the three largest airliners in China by fleet size and the primary air carrier serving Shanghai, was founded in 1995 and is headquartered in Shanghai, China. China Eastern, together with its subsidiaries, engages in the airline operations in China, and internationally. It provides domestic and international passenger, cargo, and mail airline services. The company is also involved in the logistics and property management operations and provision of air catering, pilot training, aircraft repair and maintenance, flight simulation, and airport ground services. China Eastern accounted for approximately 23.0% of the total commercial air traffic (as measured in tonne-kilometers) handled by Chinese airlines in 2006. China Eastern operates primarily from Shanghai's Hongqiao Airport and Pudong International Airport. As of December 31, 2006, China Eastern operated a fleet of 205 aircraft. China Eastern is a subsidiary of state-owned China Eastern Airlines Holding Company, which owns 59.67% of China Eastern.

China Eastern recorded a sharp profit increase in the third quarter mainly due to strong passenger demand and the Chinese currency appreciating versus the US dollar. Although volatile fuel prices and fewer operating efficiencies still hurt China Eastern's operating performance, China Eastern is well positioned to leverage the growth potential of aviation industry in China. Other factors including an appreciating Chinese currency, high discount of ADS price to A share price, and expected operating efficiencies brought by its strategic partners should also support its stock price. We think its current price fairly reflects most factors. Therefore, we are maintaining Hold recommendation for its stock.




References

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