CHINA: Grand China Air joins China’s market

Hainan-headquartered Grand China Air, created by HNA Group to be the country’s fourth-largest commercial carrier, has begun operating from Beijing to Dalian. HNA said it will merge Hainan Airlines, Xinhua Airlines, Changan Airlines and Shanxi Airlines into one entity “very soon,” after which it will list on the Hong Kong Stock Exchange. China’s three largest […]


Hainan-headquartered Grand China Air, created by HNA Group to be the country’s fourth-largest commercial carrier, has begun operating from Beijing to Dalian. HNA said it will merge Hainan Airlines, Xinhua Airlines, Changan Airlines and Shanxi Airlines into one entity “very soon,” after which it will list on the Hong Kong Stock Exchange. China’s three largest carriers – Air China, China Southern Airlines and China Eastern Airlines – together hold a combined 80 per cent share of the domestic market.