China National Aviation Holding

Chinese Aviation Company

Not to be confused with China National Aviation Corporation.

China National Aviation Holding

Logo of China National Aviation Holding Company

Air China Plaza (Chinese: 国航大厦; pinyin: Guó Háng Dàshà), the headquarters of the group

Type| State-owned enterprise
Founded| 11 October 2002 (2002-10-11) (re-incorporation)
Headquarters| Air China Plaza,

Beijing

China

Revenue|  CN¥111.120 billion (2015)

Operating income

|  CN¥8.540 billion (2015)

Net income

|  CN¥3.826 billion (2015)
Total assets|  CN¥225.433 billion (2015)
Total equity|  CN¥42.145 billion (2015)
Parent| SASAC of the State Council
Subsidiaries|

* Air China (53.46%)
* Air Macau (72.25%)
* CNAC Group (100%)

Website| airchinagroup.com
Footnotes / references
in a consolidated basis, excluding minority interests[1]
China National Aviation Holding Corporation Limited

Simplified Chinese| 中国航空集团有限公司
Traditional Chinese| 中國航空集團有限公司
| Transcriptions

Air China Group
Simplified Chinese| 中航集团
Traditional Chinese| 中航集團
| Transcriptions

Second alternative Chinese name
Simplified Chinese| 国航集团
Traditional Chinese| 國航集團
| Transcriptions

China National Aviation Holding Corporation Limited, also known as Air China Group, is a Chinese state-owned enterprise which is the parent company of Air China and Air Macau. The company was formed on 11 October 2002 by the merger of Air China, China Southwest Airlines, and China National Aviation Corporation (Group) Limited.

## Contents

* 1 History
* 1.1 Origins of China National Aviation Holding
* 1.2 China National Aviation Corporation
* 1.2.1 U.S. sanctions
* 2 Subsidiaries
* 3 Fleet
* 4 References
* 5 External links

## History[edit]

### Origins of China National Aviation Holding[edit]

The major carrier of China could be traced back to China National Aviation Corporation which was nationalized in 1949. In 1988 Air China (Chinese: 中国国际航空公司; lit. 'China International Airline Company') and other airlines were formed by the separation of commercial activity and regulating body of the government.

The once defunct aforementioned legal person of the group China National Aviation Corporation (Chinese: 中國航空股份有限公司), was also re-registered in Hong Kong on 31 August 1984 as a foreign company.[2] The company was re-registered in China in May 1991, which Civil Aviation Administration of China owned 79% stake, Air China, China Eastern Airlines and China Southern Airlines owned 7% each.[3]

On 11 October 2002, the new China National Aviation Corporation merged with Air China and China Southwest Airlines, forming China National Aviation Holding Company (Chinese: 中国航空集团公司) under the Law on Industrial Enterprises Owned by the Whole People.

After the merger, China National Aviation Corporation's subsidiaries in Hong Kong still using the name "China National Aviation Corporation (Hong Kong) and "China National Aviation Corporation (Group)."

### China National Aviation Corporation[edit]

China National Aviation Corporation (Group) and China National Aviation Company Limited logo, similar to the defunct company

China National Aviation Corporation was acted as a "window company" in the British Colony since 1984, even after the handover of Hong Kong back to China, and ceased to do business in Hong Kong 10 year later (on 10 August 2007). Several subsidiaries were also incorporated in Hong Kong, such as China National Aviation Corporation (Hong Kong) Limited on 4 August 1992[4] and then China National Aviation Corporation (Group) Limited on 13 June 1995 (CNAC (HK) became its subsidiary)[4] and the subsidiary even used a logo similar to China National Aviation Corporation.

CNAC once owned a significant stake in Dragonair and LSG Lufthansa Service Hong Kong.[5] The stakes, along with 50% stake of Jardine Airport Services (JASL) was transferred to a listed subsidiary China National Aviation Company Limited (former ticker symbol SEHK:1110, incorporated on 3 February 1997). In turn China National Aviation Company Limited was 69% owned by Air China Limited (acquired from CNAC(G)).[6] The stake in Dragonair (43.29%) was acquired by Cathay Pacific in 2006,[7] and China National Aviation Company Limited was also privatized in 2007 by Air China Limited.[8][9] On 10 June 2008, the 50% stake in JASL was sold back from Air China to CNAC(G).[10]

Dragonair, as at 2016, was a wholly owned subsidiary of Cathay Pacific, which Air China, now a subsidiary of China National Aviation Holding, had a cross ownership between the two listed companies.

CNAC also purchased a building on 10 Queen's Road Central, Central, Hong Kong Island in 1992,[3] known as CNAC Group Building. it was once owned by the listed company China National Aviation Company Limited but sold back to CNAC(G) in 2002.[11] It was sold in 2008 to Shanghai Commercial Bank for HK$1.388 billion.[12] It was demolished to make way for the headquarters of Shanghai Commercial Bank.

#### U.S. sanctions[edit]

In January 2021, the United States government named China National Aviation Holding as a company "owned or controlled" by the People's Liberation Army and thereby prohibited any American company or individual from investing in it.[13]

## Subsidiaries[edit]

China National Aviation Holding is the majority owner of several airlines and subsidiaries, including:
Airline share ownership and subsidiaries:

* Air Macau (72.25%)[14]
* Air China (53.46%)[14]
* Dalian Airlines (80%)[14]
* Air China Cargo (51%)[14]
* Shenzhen Airlines (51%)[14][15]
* Kunming Airlines (80%)[citation needed]
* Henan Airlines (51%)[citation needed]
* Shandong Aviation Group (49.4%)[14]
* Shandong Airlines (22.8% direct, 42% via Shandong Aviation Group)[14]
* Sichuan Airlines (10%)[citation needed]
* Cathay Pacific (~20% cross-ownership)[14]
* China National Aviation Company Limited (100%)
* Aircraft Maintenance and Engineering Corporation (75%)[14][16]

* * *

* China Eastern Airlines (11%)[17]
* Shanghai Airlines (100%)[citation needed]
* China United Airlines (80%)[citation needed]
* Sichuan Airlines (10%)[citation needed]
* China Cargo Airlines (51%)[18]

Other operations:

* China National Aviation Corporation (Group) (100%)
* China Aircraft Services Limited (40% as the largest shareholder)[19]
* Jardine Aviation Services (50%)

## Fleet[edit]

As of April 2013, the Air China and subsidiaries fleet consists of the following aircraft.[20]

China National Aviation Holding fleet  Type | In service | Orders | Operators

|
|
|

Airbus A319-100 | 64  | 0  | Air China, Air Macau, Shenzhen Airlines, Sichuan Airlines
Airbus A320-200 | 138  | 22  | Air China, Air Macau, Shenzhen Airlines, Sichuan Airlines
Airbus A320neo | 0  | 33  | Air China
Airbus A321-100 | 3  | 0  | Air Macau, Sichuan Airlines
Airbus A321-200 | 76  | 11  | Air China, Air Macau, Sichuan Airlines
Airbus A330-200 | 34  | 0  | Air China, Sichuan Airlines
Airbus A330-300 | 20  | 6  | Air China, Sichuan Airlines
Airbus A350-900 | 0  | 10  | Air China
Boeing 737 MAX | 0  | 34  | Shandong Airlines
Boeing 737-700 | 34  | 0  | Air China, Kunming Airlines, Shandong Airlines, Shenzhen Airlines
Boeing 737-800 | 236  | 99  | Air China, Dalian Airlines, Shandong Airlines, Shenzhen Airlines
Boeing 737-900 | 5  | 0  | Shenzhen Airlines
Boeing 747-400 | 4  | 0  | Air China
Boeing 747-8I | 1  | 6  | Air China
Boeing 777-200 | 10  | 0  | Air China
Boeing 777-300ER | 20  | 0  | Air China
Boeing 787-9 | 0  | 15  | Air China
Bombardier CRJ-200 | 2  | 0  | Shandong Airlines
Bombardier CRJ-700 | 2  | 0  | Shandong Airlines
COMAC ARJ21-700 | 0  | 110  | Henan Airlines, Shenzhen Airlines
COMAC C919 | 0  | 20  | Air China
Embraer E-190 | 4  | 0  | Henan Airlines
Xian MA60 | 0  | 2  | Sichuan Airlines
Total  | 654  | 368  |

## References[edit]

1. ^ "2015 Annual Report". China National Aviation Holding. Shanghai Clearing House. 29 April 2016. Retrieved 25 January 2017.
2. ^ Hong Kong Companies Registry
3. ^ a b History (1949–1992) China National Aviation Corporation Group (in Chinese)
4. ^ a b History (1992–1995) China National Aviation Corporation Group (in Chinese)
5. ^ History (1996–1998) China National Aviation Corporation Group (in Chinese)
6. ^ "2005 Annual Report (part 5)" (PDF). Air China Limited & China National Aviation Company Limited. Hong Kong Stock Exchange. 2 May 2006. Retrieved 25 January 2017.
7. ^ "Joint Announcement & Resumption of Trading" (PDF). Air China Limited, China National Aviation Company Limited, Cathay Pacific, CITIC Pacific & Swire Pacific. Hong Kong Stock Exchange. 9 June 2006. Retrieved 25 January 2017.
8. ^ "Proposed Pre-Conditional Privatisation of China National Aviation Company Limited by Air China Limited" (PDF). Air China Limited & China National Aviation Company Limited. Hong Kong Stock Exchange. 22 June 2006. Retrieved 25 January 2017.
9. ^ "PROPOSED PRIVATIZATION OF CHINA NATIONAL AVIATION COMPANY LIMITED BY AIR CHINA LIMITED" (PDF). Air China Limited & China National Aviation Company Limited. Hong Kong Stock Exchange. 25 January 2007. Retrieved 25 January 2017.
10. ^ "2008 Annual Report" (PDF). Air China Limited. Hong Kong Stock Exchange. 23 April 2009. Retrieved 25 January 2017.
11. ^ "DISCLOSEABLE AND CONNECTED TRANSACTIONS: ACQUISITION OF CNAC MACAU AND CAPITAL RESTRUCTURING OF SINOBEST". China National Aviation Company Limited. Hong Kong Stock Exchange. 8 February 2002. Retrieved 25 January 2017.
12. ^ "Shanghai Commercial Bank Limited Won a Bid to Purchase CNAC Group Building at 10 Queen's Road Central" (PDF). Shanghai Commercial Bank. 1 September 2008. Retrieved 25 January 2017.
13. ^ Stone, Mike; Alper, Alexandra; Brunnstrom, David (2021-01-14). "Trump administration takes final swipes at China and its companies". Reuters. Retrieved 2021-01-14.`{{cite news}}`: CS1 maint: url-status (link)
14. ^ a b c d e f g h i "2015 Annual Report" (PDF). Air China. Hong Kong Stock Exchange. 20 April 2016. Retrieved 25 January 2017.
15. ^ "Air China to take control of Shenzhen Airlines – People's Daily Online". People's Daily. 23 March 2010. Retrieved 30 December 2011.
16. ^ "Archived copy". Archived from the original on 30 October 2007. Retrieved 2011-03-06.`{{cite web}}`: CS1 maint: archived copy as title (link)
17. ^ "Cathay Pacific to try and block Singapore Airlines report". Channel NewsAsia. 22 September 2007. Archived from the original on 23 July 2012. Retrieved 30 December 2011.
18. ^ "Air China to divest stake in Air China Cargo - Asia Cargo News". asiacargonews.com. Retrieved 2019-05-27.
19. ^ "CASL".
20. ^ "Air China Group Fleet Details and History". www.planespotters.net. Retrieved 2019-05-27.

## External links[edit]

* Official website
* Official website of China National Aviation Corporation (Group) Limited

* v
* t
* e

Airlines of China

* Authorities:
* Civil Aviation Administration of China
* Civil Aviation Department
* Civil Aviation Authority

Major airlines|

* Air China
* Air Macau2
* Cathay Pacific1
* China Eastern Airlines
* China Southern Airlines
* Hainan Airlines
* Juneyao Air
* Shanghai Airlines
* Shenzhen Airlines
* Sichuan Airlines
* XiamenAir

Low-cost carriers|

* 9 Air
* Beijing Capital Airlines
* Chengdu Airlines
* China United Airlines
* Colorful Guizhou Airlines
* Jiangxi Air
* Lucky Air
* Ruili Airlines
* Spring Airlines
* Urumqi Air
* West Air

Minor airlines|

* Air Changan
* Air China Inner Mongolia
* Air Guilin
* Air Travel
* China Eastern Yunnan Airlines
* Chongqing Airlines
* Dalian Airlines
* Donghai Airlines
* Fuzhou Airlines
* Grand China Air
* GX Airlines
* Hebei Airlines
* Hong Kong Airlines1
* Kunming Airlines
* LJ Air
* Loong Air
* Okay Airways
* Qingdao Airlines
* Shandong Airlines
* Suparna Airlines
* Tianjin Airlines
* Tibet Airlines

Regional airlines|

* China Express Airlines
* China Flying Dragon Aviation
* Genghis Khan Airlines
* Joy Air
* OTT Airlines

Cargo|

* Air China Cargo
* Air Hong Kong1
* Cathay Pacific Cargo1
* Central Airlines
* China Cargo Airlines
* China Postal Airlines
* China Southern Cargo
* Hong Kong Air Cargo1
* Longhao Airlines
* SF Airlines
* Sichuan Airlines Cargo
* Suparna Airlines Cargo
* Tianjin Air Cargo
* YTO Cargo Airlines

Airlines with footnotes are headquartered in Hong Kong1 or Macau2 Special Administrative Regions
See also List of defunct airlines of China
*[v]: View this template
*[t]: Discuss this template
*[e]: Edit this template