QUOTE AND NEWS
The Economic Times  4 hrs ago  Comment 
"I entirely agree with the Chief Economic Advisor, Mr Arvind Subramanian. He has already recognised the problem that data on jobs is not accurate," Murthy said.
The Economic Times  Aug 15  Comment 
The government has initiated investigation into alleged complaints of misuse of the CEA by certain gold traders. Last week it issued a circular.
The Economic Times  Aug 14  Comment 
Modi looks invincible today. But there is one challenge he might not be able to defeat in 2019. CEA Subramanian has listed the challenge in the Eco Survey.
The Times of India  Aug 12  Comment 
"The taxpayers data that I said also came as a very pleasant surprise. But on the other side you also have the informal sector impact," Subramanian said.
The Economic Times  Aug 11  Comment 
"The taxpayers data that I said also came as a very pleasant surprise. But on the other side you also have the informal sector impact," Subramanian said.
The Hindu Business Line  Aug 11  Comment 
Says all policy tools must be deployed to revive short-term growth
The Hindu Business Line  Aug 4  Comment 
Demonetisation was a very big mistake and it has had a big negative fallout on the economy, according to Kaushik Basu, former Chief Economic Advisor (CEA) to the Government of India.There was a flaw ...
Reuters  Aug 1  Comment 
About 7 percent of India's coal-fired power plants may never be able to comply with new environmental norms because they lack the space to install emission-cutting equipment, the Central Electricity Authority (CEA) said, potentially leading to...
Insurance Journal  Jul 31  Comment 
Californians may be getting the idea that they live in earthquake country. That’s the underlying message that can be found in the latest figures out from the California Earthquake Authority. The CEA, a not-for-profit, publicly managed...
New York Times  Jul 28  Comment 
China Eastern said it would form a strategic partnership to improve its presence in the China-Europe market.




 
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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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