Grand China Air

Haikou Meilan Airport -

Grand China Air is a private Chinese airline based in Haikou and a subsidiary of HNA Group.

History

The parent company HNA Group owns stakes in other airlines: Shanxi Airlines ( 92.51 %), Chang An Airlines ( 73.51 %), China Xinhua Airlines ( 60%), Shilin Airlines ( 48.9 %) and Yangtze River Express ( 15%). In 2005, it was announced that the airlines are to be integrated together in Grand China Air. The merger was initiated on 30 November 2007. At the same time, the airline which in turn is a joint venture between the provincial government of Hainan (share of 48.6 %), the U.S. investment banker George Soros (18.6%) and HNA Group went into the possession of the newly formed Grand China Airlines Holding, ( 32.8 %) is.

As of July 2013, the integration of sister companies is still not completed. Although this fly in the meantime a a consistent brand image, but still below their respective own name. In May 2013, the HNA Group announced to set up other subsidiaries and thus more likely to move away from a merger under one brand. The website of the Grand China Air has now been integrated into the the far greater Hainan Airlines.

Destinations

Grand China Air operates the route network of its sister company Hainan Airlines mainly by flights within China as well as some international connections.

Fleet

As of July 2013, the fleet of the Grand China Air is composed of three aircraft:

• 3 Boeing 737-800