Pictures by : Gan Yung Chyan, KUCINTA SETIA
Friday, 2 October 2020
Flight A67105 - Hongtu Airlines on the Kunming - Nanchang route
Pictures by : Gan Yung Chyan, KUCINTA SETIA
Air Travel / Hongtu Airlines officially completed its name change to Hunan Airlines on 30 September 2020
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.
Colorful Guizhou Airlines plans to link first-tier cities from the fourth quarter of 2020
Report by : Gan Yung Chyan, KUCINTA SETIA
The winter and spring seasons of civil aviation in 2020 are coming soon. In order to further meet the travel needs of the majority of passengers and enhance the level of Guizhou’s opening to the outside world, Colorful Guizhou Airlines will newly launch Guiyang - Pudong, Guiyang - Shenzhen, Guiyang - Yichun - Fuzhou, Guiyang - Huangshan - Nantong, Maotai - Chongqing - Boao, Tongren - Maotai, Xingyi - Tongren and other routes. This is the first time that Colorful Guizhou Airlines has opened routes connecting first-tier cities, which will help further intensify business travel between Guizhou and the Yangtze River Delta and the Pearl River Delta regions, marking a new page in the company's development.
In 2020, under the strong leadership of the Guizhou Provincial Party Committee and the Provincial Government, Colorful Guizhou Airlines will adhere to the work idea of "Equal attention to epidemic prevention and development", and coordinate the prevention and control of the epidemic and the resumption of production. With the continuous introduction of new A320neo models, Colorful Guizhou Airlines will gradually add Guiyang - Zhengzhou, Guiyang - Ningbo, Guiyang - Tianjin, Guiyang - Fuzhou and other routes, encrypt some intra-provincial routes, and further enrich and optimize the air transport routes in Guizhou Province. The network continues to inject local civil aviation power into the local economic and social development of Guizhou Province.
Since 2015, Colorful Guizhou Airlines has taken "Safety First, Service First, Image First" as its core values, and is committed to providing passengers with a warm and comfortable flight environment. With the development concept of "based in Guizhou, facing the whole country, and flying to the world", and relying on the brand effect of Guizhou Province's characteristic tourism, the airline continues to increase the development of routes, continuously strengthen safety guarantees, focus on improving the level of service guarantees, and further improve the route network layout. Up to now, 40 routes have been opened and 33 cities are open to navigation. Colorful Guizhou Airlines will continue to expand and optimize the route network, improve service quality and travel experience, and enrich the travel options of passengers.
Thursday, 1 October 2020
Bamboo Airways' E195 jets launch flights from Con Dao to Hanoi, Vinh and Haiphong
Report by : Gan Yung Chyan, KUCINTA SETIA
Image courtesy : Bamboo Airways
According to Bamboo Airways, two Embraer E195 aircraft joined Bamboo Airways on 29 September 2020 to launch operations in Vietnam with the first jet flights from Con Dao to Hanoi, Vinh and Haiphong.
Con Dao and the surrounding national park is a natural scenic area, 1,400 kilometers (760 nautical miles) from the capital Hanoi, on the southern coast of Vietnam. The island consists of 16 islands and is a popular tourist destination.
Bamboo Airways is the first airline to operate direct flights to Con Dao from Hanoi, the capital of Vietnam, Haiphong in the north, and Vinh in the center. Initially, the Hanoi-Con Dao flight operates twice a day, and the Haiphong and Vinh - Con Dao flights operate once a day. Bamboo Airways operates the aircraft in a comfortable single cabin layout with 118 seats.
"We are very honoured to be able to use the E195 aircraft to provide jet services to Con Dao," said Mr. Dang Tat Thang, Executive Vice President of Bamboo Airways. "The excellent short-runway take-off and landing performance of this model makes it an ideal model for commuting to and from Con Dao. The 2+2 seat layout of this model will provide passengers with a comfortable flight experience, spacious cabin, and unique business class service on the route."
The two E195s were wet leased from Great Dane Airlines.
Embraer Commercial Aircraft Asia Pacific Vice President Raul Villaron welcome the addition of Bamboo Airways to the list of E-jet aircraft operators in Asia. He said, "Congratulations to Bamboo Airways for this strategic move. The E-Jet series aircraft will provide airlines with great flexibility based on their operational performance and economy. The excellent fuel efficiency and economy of the E195 aircraft enable Bamboo Airways to effectively respond to fluctuations in passenger demand and use suitable aircraft to operate routes with smaller passenger flow. We welcome Bamboo Airways to join the Embraer customer family. Our global customer support team is ready to provide necessary help and support at any time."
Embraer is the world's leading manufacturer of commercial aircraft with less than 150 seats and has more than 100 customers worldwide. As far as the E-jet series aircraft project is concerned, Embraer currently has more than 1,800 aircraft orders and delivered more than 1,600 aircraft. Today, the E-Jet series of aircraft operate in more than 80 client fleets in 50 countries and regions around the world. This 70-150 seat class multi-functional aircraft family serves low-cost airlines, regional airlines and mainline airlines.
LongJiang Airlines was successfully auctioned at a price of almost 806 million RMB
Report by : Gan Yung Chyan, KUCINTA SETIA
On 30 September 2020, according to the online bidding transaction confirmation letter, Beijing Shengda Gold Industry Investment Consulting Co., Ltd., after an open bidding, won the "Partial Value Project of LongJiang Airlines Co., Ltd. 98% Equity Equity Corresponding to the Shareholder Equity" at the highest price of 805,731,040 RMB. This price is much higher than the starting price of 329 million RMB and the estimated price of 411 million RMB.
The online auction attracted nearly 40,000 onlookers, and two bidders including Beijing Shengda Gold made a total of 91 bids.
According to the company's information, Beijing Shengda Gold was established in 2012 with a registered capital of 1 million RMB. Its business scope includes investment consulting, investment management, and economic and trade consulting.
LongJiang Airlines is a public transport aviation company approved by the CAAC in July 2014. It was officially registered on 3 September 2014 and became the first local civil aviation company in Heilongjiang Province. The operation license was obtained on 30 June 2016, the operation certificate was obtained on 9 February 2017, and the operation was officially put into operation on 10 February. Currently Longjiang Airlines owns 5 A320 aircraft.
According to the appraisal report made by the appraisal agency, the book value of the net assets of LongJiang Airlines Co., Ltd. as of 31 August 2019 on the appraisal base date was 411 million RMB. After the appraisal, the value of all shareholders’ equity was 419 million yuan, and the appraised appreciation was 7.464 million RMB, an increase of 1.81%.
It is worth noting that LongJiang Airlines still has current liabilities of 801 million RMB, non-current liabilities of 21 million RMB, and total liabilities of 822 million RMB.
AirAsia will close down its operations in Japan
Report by : Gan Yung Chyan, KUCINTA SETIA
Japanese media reported that AirAsia Berhad will close its operations in Japan.
According to the Nikkei News, a person familiar with the AirAsia Group Co., Ltd. revealed that the low-cost airline is closing its business in Japan in response to the covid restrictions on global travel.
According to reports, the directors of the Malaysian group will meet next Monday (October 5) to decide to end the company's business in Japan. According to the report, AirAsia will make an announcement early next week.
According to reports, AirAsia announced its largest quarterly loss on record in August and expressed its hope to raise 2.5 billion ringgit (S$823 million) before the end of this year to deal with the impact of the coronavirus epidemic. AirAsia said it is currently evaluating the company's other businesses in Japan, including e-commerce group Rakuten Inc..
An AirAsia spokesperson said on Wednesday (30 September) that there has been no announcement regarding the closure of Japanese operations. However, the spokesperson revealed that AirAsia Japan has suspended all flight sales.
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