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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.

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	¥111.120 billion RMB (2015)
Operating income	¥8.540 billion RMB (2015)
Net income	¥3.826 billion RMB (2015)
Total assets	¥225.433 billion RMB (2015)
Total equity	¥42.145 billion RMB (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

History

Origins of China National Aviation Holding

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

China National Aviation Corporation was acted as a "window company" in the British Colony since 1984,^{[citation needed]} 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

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

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]

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• 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

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

External links

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

На других языках

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- [en] China National Aviation Holding

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[it] China National Aviation Corporation

La China National Aviation Corporation (中國航空公司;, abbrev 中航; CNAC) era la maggiore compagnia aerea della Repubblica di Cina e attualmente una holding di società nella Repubblica Popolare Cinese che possiede la maggioranza delle azioni di Air China e di Air Macau.

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