China National Aviation Holding


China National Aviation Holding Corporation Limited 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 Limited.

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 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, was also re-registered in Hong Kong on 31 August 1984 as a foreign company. 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.
On 11 October 2002, the new China National Aviation Corporation merged with Air China and China Southwest Airlines, forming China National Aviation Holding Company 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 " and "China National Aviation Corporation."

China National Aviation Corporation

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 years later. Several subsidiaries were also incorporated in Hong Kong, such as China National Aviation Corporation Limited on 4 August 1992 and then China National Aviation Corporation Limited on 13 June 1995 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. The stakes, along with 50% stake of Jardine Airport Services was transferred to a listed subsidiary China National Aviation Company Limited. In turn, China National Aviation Company Limited was 69% owned by Air China Limited. The stake in Dragonair was acquired by Cathay Pacific in 2006, and China National Aviation Company Limited was also privatized in 2007 by Air China Limited. On 10 June 2008, the 50% stake in JASL was sold back from Air China to CNAC.
Dragonair, as of 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, known as CNAC Group Building. It was once owned by the listed company China National Aviation Company Limited but sold back to CNAC in 2002. It was sold in 2008 to Shanghai Commercial Bank for HK$1.388 billion. 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.

Corporate affairs

Subsidiaries

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

Business trends

The key trends for the Air China Group are :
Total
revenue
Net
profit
Number of
passengers
Passenger
load factor
Cargo and
mail carried
Total
aircraft		References
201080.411.960.080.01,347393
201195.97.569.681.41,426432
201299.64.872.480.41,460461
201398.23.280.877.61,456497
20141053.883.079.81,552540
20151107.089.879.91,664590
20161156.896.680.61,769623
20171217.210181.11,841655
20181367.310980.61,460684
20191366.411581.01,434699
202069.5−14.468.670.31,113707
202174.5−16.669.068.61,186746
202252.8−38.638.662.7844762
2023148−1.013073.21,070905

Fleet

, the combined fleet of Air China and its subsidiaries consists of the following aircraft:
TypeIn serviceOrdersOperators
Airbus A319-10031—Air China, Shenzhen Airlines
Airbus A319neo—10Air China
Airbus A320-200120—Air China, Air Macau, Shenzhen Airlines
Airbus A320neo8418Air China, Air Macau, Shenzhen Airlines
Airbus A321-20069—Air China, Air Macau
Airbus A321neo4064Air China, Air Macau, Shenzhen Airlines
Airbus A330-20018—Air China
Airbus A330-200/P2F44Air China Cargo
Airbus A330-30034—Air China, Shenzhen Airlines
Airbus A350-90030—Air China
Boeing 737-70031—Air China, Air China Inner Mongolia, Beijing Airlines, Kunming Airlines, Shandong Airlines
Boeing 737-800326—Air China, Air China Inner Mongolia, Beijing Airlines, Dalian Airlines, Kunming Airlines, Shandong Airlines, Shenzhen Airlines
Boeing 737 MAX 85347Air China, Kunming Airlines, Shandong Airlines, Shenzhen Airlines
Boeing 747-4002—Air China
Boeing 747-400F3—Air China Cargo
Boeing 747-8I7—Air China
Boeing 777-300ER28—Air China
Boeing 777F12—Air China Cargo
Boeing 787-914—Air China
COMAC ARJ21-7003312Air China, Shandong Airlines
COMAC C919-100ER3102Air China
Total942257