Liu Shaoyong, chairman of China Eastern Airlines Group, retired!He once took the group to stop losing money, "double listing" ... How to get in the future

Four months before his term, Liu Shaoyong took the lead in unloading the chairman of China Eastern Airlines Group. On the evening of July 23, some media revealed that "China Eastern Airlines Group Co., Ltd. has held a meeting, announcing the decision of the Central Organization Department on the retirement of Chairman Liu Shaoyong."

A reporter from Beijing Commercial Daily contacted China Eastern Airlines Group, and the person in charge did not respond positively. However, those who are familiar with the internal process of the central enterprise bluntly stated that Liu Shaoyong, who was born in November, "should be the first to unload the group and then unload the listed company." Liu Shaoyong helped China Eastern Airlines to turn a profit. Now the black swan of the epidemic has not yet stepped out, and the "3.21 Air Cross" gave China Eastern Airlines again.

With Liu Shaoyong's retirement, who will take over? How will China Eastern Airlines go?

Why is the chairman retired?

Regarding Liu Shaoyong's retirement, Zhao Wei, a professor at the School of Civil Aviation Management Cadres, said that Liu Shaoyong, chairman of China Eastern Airlines Group, should be adjusted by the leadership of central enterprises. It is reported that Liu Shaoyong was born in November 1958 and was 63 years old at the end of 2021. In accordance with the provisions of the Central Organization Department and the SASAC, generally speaking, the retirement age of the leadership of central enterprises is 60 years old, and it can be relaxed to 63 years old. For some state -owned backbone companies that are related to national security and national economic pulse, their retirement age is generally 63 years old.

Another insider close to China Eastern Airlines said that because Liu Shaoyong also served as a member of the CPPCC, he might have another appointment after his retirement. As for listed companies, China Eastern Airlines should subsequently issue corresponding announcements. According to the Eastern Airlines Annual Report, Liu Shaoyong will be over the end of this year.

In addition, a reporter from Beijing Commercial Daily learned from people familiar with the matter that Liu Shaoyong's retirement currently announced the group level, and the listed company has not received a notice. At the same time, after Liu Shaoyong retired, Li Yangmin, general manager of China Eastern Airlines, fully presided over Eastern Airlines.

Public information shows that from October to August 2004, Liu Shaoyong served as the Deputy Director of the General Administration of Civil Aviation of China, and since then served as the general manager of China Southern Airlines Corporation and chairman of China Southern Airlines Co., Ltd. It can be described as "young and promising."

On December 12, 2008, Liu Shaoyong was "dangerous". It was also the general manager of China Southern Airlines Group in the morning. In the afternoon, it became the general manager of China China Eastern Airlines and the chairman of China Eastern Airlines. In 2008, affected by the financial crisis, the demand for the international aviation transportation market has shrunk rapidly, and the huge book floating losses over the superimposed fuel package. China Eastern Airlines' net profit in 2008 reached a record of 13.93 billion yuan, and its debt exceeding its assets was 11.065 billion yuan. Due to the negative net assets at that time, on April 16, 2009, China Eastern Airlines issued an announcement suspension and put on the "ST" hat the next day.

At that time, the problem left Liu Shaoyong was not just a huge loss. In the same year, the "collective return" incident pushed China Eastern Airlines to the forefront. One week after the Punishment of the Civil Aviation Administration's penalty for the return of China Eastern Airlines flight, the two routes that China Eastern Airlines was canceled was divided by four airlines.

Facing a series of problems such as low morale and huge losses, Liu Shaoyong began his operation of turning his tide.

Once led Donghang to stop losing losses to increase profit

Since Liu Shaoyong took office, through a series of measures such as "blood transfusion, hemostasis, broken arm, and hematopoietic", he led Donghang to stop losing money.

In 2009, China Eastern Airlines and Shanghai Airlines officially launched the merger and reorganization work. At that time, the two companies that were considered "difficult brothers and brothers" were not optimistic about the outside world. However, in the following ten years, the two aircraft companies were combined with the "Derby" opponent in the same city to the main force of the construction of Shanghai International Aviation Hub. For the merger and reorganization of Shanghai Airlines, Liu Shaoyong said to the media that "the company was very difficult in the early stage of the reorganization, but our leadership took the lead, and the employees did not lose a penny, and the leadership reduced by 30%. Make an example. " In the same year of the merger, China Eastern Airlines achieved a profit of turning losses. The annual net profit was 540 million yuan, which greatly reduced the asset -liability ratio.

After leading the merger and reorganization of China Eastern Airlines and Shanghai Airlines, Liu Shaoyong has contributed to China Eastern Airlines to join the "Tianghe Alliance", which enriches China Eastern Airlines' route network in the European and American markets.

On February 26, 2020, China China Eastern Airlines 1st, Two and Three Airlines Co., Ltd. was officially listed, focusing on Shanghai Hongqiao International Airport, and positioned domestic civil aircraft such as ARJ21. At the same time, the company is the first airline under the central enterprise to operate domestic aircraft. It is of great significance for the aviation field.

In June 2021, China Eastern Airlines Logistics was listed on the Shanghai Stock Exchange. Prior to this, China Eastern Logistics introduced non -state -owned capital and other non -state -owned capital to increase capital expansion and implementation of non -state -owned capital expansion, and implemented a core employee holding policy. As a result, the logistics business of China Eastern Airlines Group was officially stripped from China Eastern Airlines Group, and China Eastern Logistics eventually went public on June 9, 2021, becoming the "first share of aviation logistics". China Eastern Airlines Group has also become the first large -scale aviation transportation group that realizes the two core main business of aviation passenger transport and aviation logistics.

How to get from China Eastern Airlines in the future?

In charge of China Eastern Airlines for 13 years, Liu Shaoyong turned the tide to achieve the rise of China Eastern Airlines. However, after Liu Shaoyong's retirement, who could lead China Eastern Airlines out of the epidemic situation and the haze of "3.21 air crash"?

Regarding the "head" of China Eastern Airlines in the future, the above -mentioned industry insiders close to China Eastern said that according to the personnel resumes of large state -owned airlines in the past, the possibility of the general manager's acceptance of the chairman will not be ruled out. However, this requires the final assessment of relevant departments. Since the impact of the epidemic, it has entered the third year. How to reverse the situation is also the most critical issue of China Eastern Airlines. According to the semi-annual performance forecast released by China Eastern Airlines, during the reporting period, China Eastern Airlines's net profit attributable to shareholders of listed companies is expected to lose about 17 billion to 19.5 billion yuan. Although the arrival of the civil aviation market began to recover under the coming policy and the arrival of the summer, the pressure faced by China Eastern Airlines was still great.

Han Tao, a researcher at the Development Research Department of the China Aviation Transport Association, pointed out that there are two main reasons for the current losses in the industry. On the one hand, it is a continuous epidemic in three years, which seriously suppresses travel needs; on the other hand Highly high, causing the worst loss since the epidemic.

However, since June of this year, China Eastern Airlines has also frequently moved. At the end of June, China Eastern Airlines and Shanghai Lingang New Area Management Committee signed a strategic cooperation agreement to build a new highland for the global civil aviation industry. The two parties will cooperate to launch seven major projects with a total investment of more than 22 billion yuan. In the 2022 non -public offering of A -share stocks released by China Eastern Airlines in May, China Eastern Airlines also raised 15 billion yuan, of which 10.5 billion yuan was used to introduce 38 aircraft projects and 4.5 billion yuan to supplement mobile funds. Among them, of the 38 aircraft introduced by China Eastern Airlines, the models include 4 C919 aircraft. It can be seen that China Eastern Airlines is still maintaining the fleet update.

In response to the future of China Eastern Airlines, Han Tao believes that the impact of the epidemic will eventually go in the past. For the future, the epidemic period is the opportunity period of optimizing capacity structure, optimizing personnel structure, and optimizing business structure. Business Process. After Liu Shaoyong's retirement, China Eastern's future is still available.

Reporter 丨 Guan Zichen Wu Qiyun

Edit 丨 Wang Naixin

Photo 丨 China Oriental Airlines official website, China Oriental Airlines Co., Ltd. Pictures, Oriental Wealth Network

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