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Air China

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Not to be confused with China Airlines.
Air China (SEHK: [0753]) (LSE: [AIRC]) (Chinese: 中国国际航空公司, Pinyin: Zhōngguó Guójì Hángkōng Gōngsī, literally "Chinese International Aviation Company", abbreviated 国航) is the People's Republic of China's state owned and largest commercial airline and is based in Beijing. It is the flag carrier and the only airline to fly the PRC national flag on its entire fleet. Its logo is a phoenix in the form of the abbreviation VIP. Its main base is Beijing Capital International Airport.

History

Air China was established and started operations on 1 July 1988. Formerly the Beijing-based international carrier division of Civil Aviation Administration of China (CAAC), it was renamed in 1988, when the government decided to split the operating divisions of CAAC into separate airlines, each with its own name. Further deregulation of the aviation business took place in 1994, enabling foreign investment in airports and facilitating the import of aircraft built outside mainland China. By 1996 the country had 108 airports with scheduled airline services and around 30 different airlines. On 28 October 2002, Air China consolidated with China National Aviation Corporation and China Southwest Airlines.
Air China's Airbus A340 is taking off in Beijing Capital International Airport(Dec 2004 photo)
Enlarge
Air China's Airbus A340 is taking off in Beijing Capital International Airport(Dec 2004 photo)

During 2004 as part of a consolidation of the Chinese aviation industry Air China absorbed Zhejiang Airlines (subsidiary of CNAC). On 15 December 2004 the company listed its shares on the Hong Kong and London Stock Exchanges. Air China has shareholdings in Air China Cargo (51%), Air Macau (51%) and also holds majority shares of Shandong Airlines.

In March 2005, Air China was in talks with Swire Group, the largest shareholder of Cathay Pacific, for merger talks about Air China acquiring Cathay Pacific, and Cathay Pacific acquiring a majority stake of Dragonair, in return for the Swire Group becoming the largest individual shareholder of Air China's parent company. However, Air China and Cathay Pacific have announced that they won't merge together in the future and Swire is remaining to be the largest shareholder of Cathay Pacific. Air China will cooperate with Cathay Pacific by codesharing flights in the late 2005. Also, Air China has announced that it will partner with Asia Miles in the second-half of 2005.

On May 22 2006, Air China signed an agreement with Lufthansa and was officially invited to join Star Alliance.

Air China is owned by China National Aviation Holding Company (CNAH)(69%), public floatation (21%) and Cathay Pacific (10%). It has 23,000 employees (at January 2005).

Incidents and accidents

Destinations

Fleet

Air China's fleet consists of the following aircraft (as of August 2005):

In May 2006, Air China fleet age is 8.4 years old.

Air China signed agreements with :

While Boeing's Orders page for 2006 reflects this order, there have been no formal news/press releases indicating the following:

Former Fleet

A couple of Lockheed Hercules aircraft superseded Antonov 12s in the freighter role. Four British Aerospace 146 "Whisperjet" passenger aircraft were returned to the United Kingdom during 2003 and are parked at Southend Airport in Essex.

See also

External links


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