UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 


FORM 6-K

Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16
under the Securities Exchange Act of 1934

For the month of June 2010

Commission File Number: 001-14550

China Eastern Airlines Corporation Limited

(Translation of Registrant’s name into English)

2550 Hongqiao Road
Hongqiao Airport
Shanghai, China 200335

 (Address of principal executive offices)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:  x Form 20-F    ¨ Form 40-F

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):  ¨

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):  ¨

Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934:  ¨ Yes    x No

If "Yes" is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b):    n/a 

 
 

 

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

      China Eastern Airlines Corporation Limited
     
(Registrant)
         
Date
June 1, 2010
 
By
/s/ Luo Zhuping
       
Name: Luo Zhuping
       
Title: Director and Company Secretary
 
 
 

 
 
Certain statements contained in this announcement may be regarded as "forward-looking statements" within the meaning of the U.S. Securities Exchange Act of 1934, as amended.  Such forward-looking statements involve known and unknown risks, uncertainties and other factors, which may cause the actual performance, financial condition or results of operations of the Company to be materially different from any future performance, financial condition or results of operations implied by such forward-looking statements.  Further information regarding these risks, uncertainties and other factors is included in the Company's filings with the U.S. Securities and Exchange Commission.  The forward-looking statements included in this announcement represent the Company's views as of the date of this announcement.  While the Company anticipates that subsequent events and developments may cause the Company's views to change, the Company specifically disclaims any obligation to update these forward-looking statements, unless required by applicable laws.  These forward-looking statements should not be relied upon as representing the Company's views as of any date subsequent to the date of this announcement.

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.


(a joint stock limited company incorporated in the People’s Republic of China with limited liability)
(Stock code: 00670)

OVERSEAS REGULATORY ANNOUNCEMENT
PROGRESS OF THE IMPLEMENTATION OF
THE ABSORPTION OF SHANGHAI AIRLINES
THROUGH SHARE EXCHANGE
 
This announcement is made by the Company pursuant to Rule 13.09(2) of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited.
 
On  30  December  2009,  China  Eastern Airlines Corporation Limited (the “Company”) received from the China Securities Regulatory Commission (“CSRC”) a reply concerning Approval of Absorption of Shanghai Airlines Co., Ltd by China Eastern Airlines Corporation Limited (Zheng Jian Xu Ke [2009] No.1483) in relation to the approval of the absorption of Shanghai Airlines Co., Ltd (“Shanghai Airlines”, and the absorption of Shanghai Airlines through share exchange by the Company is referred to as the “Absorption through Share Exchange”) through share exchange by the Company.
 
As the implementation of the Absorption through Share Exchange has not been completed, pursuant to the requirements under Provision 31 of the Administrative Rules on Material Asset Reorganizations of Listed Companies (上市公司重大資產重組管理辦法), the progress of the implementation of the Absorption through Share Exchange is set out as follows:
 
1.
Establishment of New Shanghai Airlines Co., Ltd. (上海航空有限公司) and Licence for Operation
 
The Company has established a wholly-owned subsidiary new Shanghai Airlines Co., Ltd. (上海航空有限公司) (“New Shanghai Airlines”) for the purpose of receiving major assets and credits and debts of the core aviation business of Shanghai Airlines. Currently, New Shanghai Airlines has obtained the operational license for public air transport enterprises, and obtained the corporate legal person business license issued by the airport branch of Shanghai Administration of Industry and Commerce on 24 May 2010.

 
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2.
Settlement of Assets and Arrangement of Personnel

The procedures for the settlement of assets and arrangement of personnel in relation to the Absorption through Share Exchange is still in process.
 
The Company will press on with the implementation of the Absorption through Share Exchange, perform the relevant procedures in accordance with relevant requirements and the reply from CSRC, and announce the progress of the implementation on a timely basis.

By order of the board of directors
CHINA EASTERN AIRLINES CORPORATION LIMITED
Luo Zhuping
Director and Company Secretary
 
The directors of the Company as at the date of this announcement are:

Liu Shaoyong
(Chairman)
Li Jun
(Vice Chairman)
Ma Xulun
(Director, President)
Luo Chaogeng
(Director)
Luo Zhuping
(Director, Company Secretary)
Wu Baiwang
(Independent non-executive Director)
Xie Rong
(Independent non-executive Director)
Sandy Ke-Yaw Liu
(Independent non-executive Director)
Wu Xiaogen
(Independent non-executive Director)
Ji Weidong
(Independent non-executive Director)

Shanghai, People’s Republic of China
31 May 2010

 
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