Delta Air Lines, Inc. and China Eastern Airlines Corporation Limited: SG&A Spending Patterns Compared

Comparing SG&A trends of Delta and China Eastern Airlines.

__timestampChina Eastern Airlines Corporation LimitedDelta Air Lines, Inc.
Wednesday, January 1, 201441200000002785000000
Thursday, January 1, 201536510000003162000000
Friday, January 1, 201631330000002825000000
Sunday, January 1, 201732940000002892000000
Monday, January 1, 201838070000003242000000
Tuesday, January 1, 201941340000003636000000
Wednesday, January 1, 20201570000000582000000
Friday, January 1, 202111280000001061000000
Saturday, January 1, 202229330000002454000000
Sunday, January 1, 202372540000002334000000
Monday, January 1, 20242485000000
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Unlocking the unknown

SG&A Spending Patterns: A Tale of Two Airlines

In the ever-evolving aviation industry, understanding the financial strategies of major players is crucial. Delta Air Lines, Inc. and China Eastern Airlines Corporation Limited, two giants in the sector, have exhibited distinct trends in their Selling, General, and Administrative (SG&A) expenses over the past decade.

From 2014 to 2023, China Eastern Airlines consistently outspent Delta in SG&A, peaking in 2023 with a staggering 7.25 billion USD, a 130% increase from its 2020 low. In contrast, Delta's SG&A expenses remained relatively stable, with a notable dip in 2020, reflecting the pandemic's impact. By 2023, Delta's expenses were approximately 2.33 billion USD, showcasing a more conservative financial approach.

These spending patterns highlight differing strategic priorities: China Eastern's aggressive expansion versus Delta's steady operational focus. As the industry rebounds, these strategies will shape their competitive positions.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025