Saturday 4 November 2023

Air Guilin suspends flights due to ownership dispute with Hainan Airlines

 Report, images by : Gan Yung Chyan, KUCINTA SETIA

Images : Researcher's Pictures

Air Guilin has stopped selling tickets due to an ownership dispute between its two major shareholders, Hainan Airlines and Guilin State-Owned Assets Investment, and cancelled all flights.

                                             

                                                          Image : Researcher's Picture

 

Several days ago, Hainan Airlines sent a letter to Air Guilin, notifying them of the termination of services and agreements. On 1 November 2023, there was no answer from the Guilin Airlines 24-hour customer service hotline. 


Image : Researcher's Picture

 

The Guilin State-owned Assets Supervision and Administration Commission said on 2 November 2023 that the local government had formed a team to sort the issue out, but no further details of a plan of any kind were available. 

 

Image : Researcher's Picture

As the parent company of many small airlines, Hainan Airlines works in partnership with some local governments, including Guilin.

 

One of the smallest Chinese Communist operators, Air Guilin has a fleet of 10 and has not acquired any new aircraft for over 5 years. It only operated domestic flights in CCP China.


Image : Researcher's Picture
 

In 2014, Guilin Airlines and Tourism Group was founded in a partnership between Hainan Airlines Group and Guilin State-Owned Assets Investment. Air Guilin took all its crew members and technical staff directly from Hainan Airlines in the early days, along with board members, senior managers and engineers. However, facing a liquidity problem, Hainan Airlines sold shares in several regional carriers, including Air Guilin, in order to continue its operations and leaving Air Guilin to survive on its own. 


Inflight Pictures of Air Guilin


Images : Researcher's Pictures

































 

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