Report by : Gan Yung Chyan, KUCINTA SETIA
Air Travel / Hongtu Airlines
Within a year, Hongtu Airlines quickly completed the capital injection, relocation and name change.
On 6 September 2019, the Hunan Provincial Emerging Industry Equity Investment Guidance Fund completed a capital increase of 435 million yuan in Air Travel / Hongtu Airlines, accounting for 26% of the shares.
On the same day, Hunan State-owned Assets Representative Zeng Ruobing entered the board of directors of Hongtu Airlines and served as vice chairman.
On 20 August 2020, the Transportation Department of the Civil Aviation Administration issued a public announcement on the change of the main operating base airport contained in the operating license of Yunnan Hongtu Airlines Co., Ltd.
The main base airport of Air Travel / Hongtu Airlines was changed from Kunming Changshui International Airport to Changsha Huanghua International Airport.
At the end of September 2020, it was renamed Hunan Airlines. It is the fourth private airline to change to a state-owned name after state-owned assets acquire a private airline. Hunan Airlines will introduce a new livery on its fleet reflecting the official name Hunan Airlines in the months to come.
Three other private airlines have been renamed
First, Northeast Airlines (above) changed its name to Hebei Airlines.
In 2010, Sichuan Airlines cooperated with Hebei Jizhong Energy Group to reorganize Northeast Airlines, and Northeast Airlines was renamed Hebei Airlines.
On 29 June 2010, Hebei Airlines' registered capital increased to 1.8 billion yuan. Hebei Aviation Investment (Jizhong Energy), Sichuan Airlines Group and Shenyang Zhongrui held 95.4%, 3.83% and 0.77%, respectively.
In October 2014, Xiamen Airlines acquired Hebei Airlines.
Second, UEAir changed its name to Chengdu Airlines.
In October 2009, COMAC, Sichuan Airlines Group, and Chengdu Communications signed a cooperation agreement. The three parties reorganized UEAir and ordered 30 ARJ21-700 aircraft produced by COMAC.
After the reorganization, UEAir's equity capital increased from 300 million yuan to 680 million yuan, and the shareholding ratios of each party were as follows:
COMAC 48%, Sichuan Airlines 40.97%, Chengdu Trading 11.03%.
COMAC became a major shareholder. UEAir changed its name to Chengdu Airlines (above).
Third, Longhao Airlines changed its name to Zhongyuan Longhao.
In May 2019, Henan Aviation Investment acquired a controlling stake in Guangdong Longhao Aviation Co., Ltd., and the two parties reorganized to establish Zhongyuan Longhao Airlines.
In June of the same year, Henan Civil Aviation Development Investment Co., Ltd. injected capital to acquire 70% of its shares. The registered capital of Zhongyuan Longhao Aviation increased from 400 million yuan to 467 million yuan.
The shareholders of Ruili Airlines and Longjiang Airlines will undergo major changes, we will wait and see whether these two companies will be renamed!
Overview of Chinese Airlines in mainland China, Hong Kong and Macau
There are a total of 30 airlines named after places in China
Hunan Airlines has also become the eighth airline named after a province or autonomous region: Shandong Airlines, Sichuan Airlines, Hainan Airlines, Tibet Airlines, Jiangxi Air, Hebei Airlines, Guizhou Airlines, Colorful Guizhou Airlines, LongJiang Airlines and Hunan Airlines.
4 municipalities have airlines named after them
Shanghai Airlines, Beijing Airlines, Tianjin Airlines and Chongqing Airlines
In addition, there are 16 airlines named after cities
XiamenAir, Shenzhen Airlines, Fuzhou Airlines, Qingdao Airlines, Ruili Airlines, Kunming Airlines, Chengdu Airlines, Air Guilin, Dalian Airlines, Urumqi Air, Zhuhai Airlines, Shantou Airlines, Air Macau, Air Hong Kong, Hongkong Airlines and HK Express.
Zhuhai Airlines, Shantou Airlines and Guizhou Airlines are dependencies of China Southern operating their own headquarters in Zhuhai, Shantou and Guiyang.
There are currently 30 airlines named after provinces, cities and autonomous regions.
There are 6 airlines named after places
Air Changan, Capital Airlines, Guangxi Beibu Gulf Airlines (GX Airlines), West Air, Xiongan Airlines and Greater Bay Airlines.
Xiongan Airlines is a planned start-up low-cost airline headquartered in Beijing Daxing.
Greater Bay Airlines is a planned start-up with headquarters in Hong Kong.
Others
Airlines named after mainland China include Air China, China Eastern and China Southern.
Airlines named after dragons include Cathay Dragon and Loongair.
Airlines named after enterprises include Cathay Pacific, Donghai Airlines, OKAir, Spring Airlines and Juneyao Air.
Airlines named after adjective and abstract noun include Lucky Air and Joy Air.
Airlines named after numbers include 9air and OTT Airlines.
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