The establishment background of Grand China Airlines Co., Ltd.

Hainan Airlines Group has experienced four stages of development. Hainan Airlines was formally established 1993. In August 2000, Hainan Airlines reorganized Changan Airlines Co., Ltd.; In February 20001year, Hainan Airlines reorganized China Xinhua Airlines Co., Ltd.; In July of 20001year, Hainan Airlines reorganized Shanxi Airlines Co., Ltd. to form the fourth largest aviation group in China. On June 5438+ 10, 2002, Hainan Airlines, Xinhua Airlines, Changan Airlines and Shanxi Airlines successfully merged their operations, unified their codes, and gradually realized internal "integrated" operations, adopting a unified "HU" code. In this context, Hainan Airlines Group decided to build a new financing platform outside Hainan Airlines Co., Ltd. On June 27, 2007, 1 1, the General Administration of Civil Aviation of China and the North China Regional Administration issued the operation certificate and operation specification to Grand China Airlines Co., Ltd. respectively.

HNA's brand is too regional. "Xinhua" is more national, and the establishment of "Greater China Airlines" will undoubtedly partially change the influence of regional brands. From regional airlines to national airlines, facing the whole China market. Through joint operation, the route network will be expanded to mainly domestic trunk lines and international routes.

The establishment and operation of Grand China Airlines indicates that HNA Group has completed the aviation enterprise group structure with Grand China Airlines as the core. This aviation enterprise group includes: Daxinhua Airlines, Tianjin Airlines Co., Ltd., which specializes in high-quality routes, Jin Lu Business Aviation Co., Ltd., which specializes in business jets, Capital Airlines Co., Ltd., which specializes in tourist charter flights, Yang Zijiang Express Airlines Co., Ltd., which specializes in freight services, Yunnan Xiangpeng Airlines Co., Ltd. and Western Airlines Co., Ltd., which are low-cost airlines.