Hainan Airlines was established in October 1989 as Hainan Province Airlines in Hainan. It was then renamed as Hainan Airlines and became China"s first joint-stock air-transport enterprise in January 1993 and began scheduled services on 2 May 1993. In 1998, Hainan Airlines became the first Chinese carrier to own shares in an airport after it purchased 25% stake of Haikou Meilan International Airport.In 2000, HNA Group (Hainan Airlines Group) was established which became parent company of Hainan Airlines. On November 30, 2007, a new company called Grand China Airlines Holding Company (GCAHC) was formed under the initiative of the HNA group"s largest operational entity, Hainan Airlines. The airline planned to merge its operations with all HNA Group"s aviaition subsidiaries. The new holding company was held jointly by Hainan province government (48.6%), HNA group (32.8%) and George Soros (18.6%). As a result, a new airline called Grand China Air was founded. Hainan Airlines also plan to set up a Cargo division operating freighter aircraft in 2012 and invest in Turkish carrier ACT Airlines Cargo.
About the airline
Hainan Airlines Company Limited (HNA) (SSE: 600221) is an airline headquartered in the HNA Development Building in Haikou, Hainan, People"s Republic of China. It is the largest privately-owned air transport company and the fourth-largest airline in terms of fleet size in the People"s Republic of China. Its main base is Haikou Meilan International Airport, with hubs at Beijing Capital International Airport, Xi"an Xianyang International Airport, Taiyuan Wusu Airport and Urumqi Diwopu International Airport.
HNA group invests in other airlines, including Beijing Capital Airlines (70%), Lucky Air (67.95%), Zest Airways (undisclosed but approximated to be at 40%), Tianjin Airlines (20%), Yangtze River Express (51%), Hong Kong Airlines (45%) and Hong Kong Express Airways (45%).
The airline operates scheduled domestic and international services on 500 routes from Hainan and nine locations on the mainland, as well as charter services.Hainan Airlines has established seven airline bases in Beijing, Xi"an, Taiyuan, Urumqi, Guangzhou, Lanzhou,Dalian and Shenzhen, as well as an extensive network across the People"s Republic of China, and connecting Asia, Europe, America and Africa. Hainan operates international regular flights and offers charter flights to various destinations such as flights from Beijing to Berlin,Brussels, Zurich, Seattle, Novosibirsk, St. Petersburg, Moscow, and Male; Beijing to Luanda (transfer in Dubai); Beijing, Xi"an, Dalian, Ningbo, Guangzhou, Haikou to Taipei; Urumqi to Astana; Sanya to Seoul; Beijing, Haikou, Hangzhou to Bangkok; Dalian via Hefei to Singapore and others.
Hainan Airlines fleet consists of the following aircrafts: 6 Airbus A330-200, 4 Airbus A330-300, 3 Airbus A340-600, 1 Boeing 737-300, 5 Boeing 737-400, 3 Boeing 737-700, 66 Boeing 737-800, 3 Boeing 767-300ER and 22 Dornier 328