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Grand China Air

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Grand China Air

IATA Code
CN
ICAO Code
GDC
Website
http://www.grandchinaair.com/
Main hub
Beijing Capital International Airport
Country
China
Business model
Full Service Carrier
Codeshare Partners
Hainan Airlines

Location of Grand China Air main hub (Beijing Capital International Airport)

Source: CAPA - Centre for Aviation and Google Maps


 
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19 total articles

6,135 total articles

Hainan Airlines names new Chairman and President. Xinhua Airlines to become wholly-owned subsidiary

16-Aug-11 4:28 PM

Hainan Airlines has named a new executive team and Chairman ahead of a highly anticipated listing of HNA Group's aviation arm, Grand China Air. The reshuffle comes as Hainan Airlines reveals plans to invest CNY1.08 billion (USD169 million) to acquire a 32.41% stake in China Xinhua Airlines from Grand China, according to reports in the local media.

Consolidation and high-speed rail squeezing out China’s second-tier carriers?

28-Jun-10 3:17 PM

China’s second-tier carriers are hard at work at present, rapidly expanding their domestic and (in some cases) international route networks. However, the vast majority of these airlines are now doing so under the control of the "Big Three" carriers and/or HNA Group, as consolidation accelerates in China. As such, China’s airline evolution is at a very interesting stage. Where previously the major airlines: 1) established considerable branch carrier networks to serve diverse geographic areas in China; and 2) eliminated brands of the acquired airlines, they now appear to be looking more strategically at segmenting the market, retaining the second-tier carrier brands, particularly those focused on tourism/leisure markets.

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