Air China Limited
Summary
Revenue :
000,000 M USD
Finance :
000,000 M USD
Earning Cap :
000,000 M USD
Invest :
000,000 M USD
R & D :
0000 People
Growth :
00% AGR
DIGDAL CAP
Overview
| General Introduction | Air China Limited, abbreviated as "Air China" or "AirChina" in English, was founded in 1988 as its predecessor, China International Airlines. According to the "Civil Aviation System Reform Plan" approved by the State Council, in October 2002, Air China, in collaboration with China National Aviation Corporation and China Southwest Airlines, established Air China Group, and established a new Air China based on the joint tripartite air transportation resources. On September 30, 2004, with the approval of the State owned Assets Supervision and Administration Commission of the State Council, as the main air transportation company controlled by Air China Group, Air China Limited was officially established in Beijing. On December 15, 2004, Air China Limited was successfully listed in Hong Kong (stock code 0753) and London (trading code AIRC). The corporate logo of Air China consists of an artistic phoenix and the words "China International Airlines" written by Comrade Deng Xiaoping, the chief designer of China's reform and opening up, as well as the English word "AIRCHINA". Phoenix "is the auspicious bird in ancient Chinese legends and the king of all birds. The emblem of Air China is Phoenix, which is mainly reflected in the "Chinese Red Phoenix VIP". The color of the logo is traditional Chinese red, with simple and dancing lines to showcase the phoenix posture. It is also an artistic transformation of the English "VIP" (distinguished guest). The Phoenix is a benevolent bird, "" Seeing makes the world peaceful. "The Phoenix" originates from the kingdom of the Eastern Gentleman and soars far and wide. "It captures the beauty of beauty and has lofty aspirations. The core connotation of the Phoenix spirit advocated by Air China is "transmitting auspiciousness, leading the group, and surpassing oneself". Air China's vision is to become a leading global airline, with a mission of "safety first, four core services, stable development, employee achievement, and fulfilling responsibilities". Its values are "people-oriented, responsible, enterprising, and enjoyable flight", and its brand positioning is "professional trust, international quality, and Chinese style". Air China is a civil aviation company flying under the Chinese flag, a member of the world's leading aviation alliance, the Star Alliance, an official air passenger transport partner for the 2008 Beijing Olympics and Paralympics, and an official air passenger transport partner for the 2022 Beijing Winter Olympics and Paralympics. It has the brand value of a domestic airline (evaluated by the World Brand Laboratory in August 2020 at 186.519 billion yuan), and is engaged in various aspects of air passenger transport, cargo, and related services, Both are in a leading position in China. Air China undertakes the special plane mission for Chinese national leaders to visit abroad, as well as the special charter flight mission for many foreign heads of state and government in China. This is the exclusive and prestigious position of Air China as a national flag carrier. Air China is headquartered in Beijing and has branches in Southwest, Zhejiang, Chongqing, Tianjin, Shanghai, Hubei, Guizhou, Tibet, and Wenzhou, as well as bases in South China. The main holding subsidiaries of Air China include Shenzhen Airlines Co., Ltd. (including Kunming Airlines Co., Ltd.), Macau Airlines Co., Ltd., Beijing Airlines Co., Ltd., Dalian Airlines Co., Ltd., Air China Inner Mongolia Co., Ltd., Beijing Aircraft Maintenance Engineering Co., Ltd., Air China Import and Export Co., Ltd., Chengdu Fukai Aircraft Engineering Services Co., Ltd., and Air China Shantou Industrial Development Co., Ltd; The joint venture companies mainly include Beijing Ji'an Aviation Asset Management Co., Ltd. and Sichuan International Aviation Engine Maintenance Co., Ltd; In addition, Air China participates in Cathay Pacific Airlines Co., Ltd., Shandong Airlines Co., Ltd., Tibet Airlines Co., Ltd., and is the largest shareholder of Shandong Airlines Group Co., Ltd. Beijing Aviation Food Co., Ltd., formerly held by Air China and now a subsidiary of Zhongyi Company, was established in Beijing on May 1, 1980. It is a Sino foreign joint venture after the promulgation of the Sino Foreign Joint Venture Law in China. As of December 31, 2020, Air China (including its holding company) has a total of 707 aircraft of various types, mainly Boeing and Airbus, with an average age of 7.74 years; We have operated 674 passenger routes and have further expanded our services to 1300 destinations in 195 countries (regions) through cooperation with airlines such as the Star Alliance. Air China is committed to providing passengers with "four heart" services that are reassuring, satisfying, comfortable, and moving. It has the longest history of frequent flyer program in China - "Air China Zhiyin", and has integrated multiple brands of frequent flyer members from holding and participating companies into the "Phoenix Zhiyin" brand. As of December 2020, the number of Phoenix Zhiyin members has reached 68176600. Air China has launched a two cabin service for medium and long distance international routes in Civil Aviation of China, with "reclining seats" and "full process noble service" as the core content, providing passengers with noble, comfortable, and convenient travel space and full service.Air China adheres to customer-oriented innovation in services and has successively launched a series of products such as "Flight Manager" and "Air China Wireless". Air China has strong domestic and international intermodal transportation capabilities and sales network, with a wide range of high-quality customer base, and has become the preferred airline for many Chinese government agencies and corporate business customers. Air China has a team of pilots and crew members with excellent business skills, rigorous work style, and good service. The flight team has won numerous honors such as the "International Civil Aviation Organization Medal of Honor", "National Advanced Collective in Safety Production", and "Safety Flight Model Unit", creating a world-class safety flight record and successfully conducting polar flights. It has created a miracle of safe flight for 56 years (starting in 1965) on the Chengdu Lhasa route, which is widely recognized for its flight difficulty and was once regarded as a "restricted area" by the international civil aviation industry, In 2008, night navigation was successfully achieved again. The flight crew has shown an international level, with Japanese, Korean, German, Russian, Thai, and Italian flight attendants joining one after another, possessing good professional qualities and dedication, making them the best friends of passengers in the blue sky. They continue to promote the "Four Hearts Service" project that allows passengers to "rest assured, comfortable, and moving", and the service quality has always been appreciated by the majority of passengers. Air China's aircraft have professional and standardized technical support. In June 2015, the former Air China Engineering Technology Branch and the former Beijing Aircraft Maintenance Engineering Co., Ltd. conducted resource integration to establish a brand new Beijing Aircraft Maintenance Engineering Co., Ltd. (referred to as "New Ameco"), headquartered in Beijing, under the jurisdiction of four business units: Beijing Base, North China Route Center, Chengdu Branch, and Southwest Route Center, 17 operation and management support departments, as well as Chongqing, Hangzhou, Tianjin, Hohhot, Shanghai, Wuhan, Guiyang Guangzhou, Wenzhou and other airline branches have over 160 domestic and international maintenance stations, forming a maintenance network that radiates both domestically and internationally. Air China's maintenance system holds maintenance licenses issued by nearly 30 countries or regions, including the Civil Aviation Administration of China (CAAC), the Federal Aviation Administration of the United States (FAA), and the European Aviation Safety Agency (EASA). It is a representative of the Civil Aircraft Modification Design Appointed Unit (DMDOR) authorized by the Civil Aviation Administration of China. It has 11 large hangars and advanced facilities and equipment, with strong maintenance capabilities, and has won the choice and trust of more than 100 airlines worldwide. Since the late 1980s, Air China has achieved breakthroughs in nearly 20 domestic maintenance projects, and more than 100 scientific and technological research and development projects have won national or CAAC science and technology awards, filling many technological gaps in China's civil aviation maintenance industry. Air China has implemented integrated operations and has strong operational control capabilities. Air China's flights worldwide are all under the control of operational organization, command, and coordination centers. The computer flight planning system extracts information from aircraft performance databases, global navigation databases, global airport databases, and high-altitude meteorological databases, selects routes, formulates flight plans, grasps aircraft performance, confirms flight qualifications, and strictly checks and releases. Air China has independently developed an operation management system that integrates satellite telephone systems, air ground data communication systems, and shortwave radio systems, becoming one of the domestic airlines with ultra remote monitoring capabilities. Air China provides ground service services for domestic and foreign airlines at Beijing Capital Airport, including passenger entry and exit, transfer services, special passenger services, VIP and "two cabin" passenger services, passenger luggage services, flight load balancing services, flight departure system services, apron loading and unloading services, cabin cleaning services, special equipment maintenance, and other aspects. At the same time, it also uses self-service check-in procedures for domestic passengers Airlines that allow passengers to handle check-in baggage procedures and independently allocate some seats in the terminal. Air China has now opened its central loading service at more than 100 terminals in China, making it the first airline in China to adopt the central loading mode. Air China attaches great importance to talent reserves and training. The Flight Training Brigade is responsible for the training and management of Air China flight trainees and newly hired pilots. The Flight Operations Training Center is a pilot training base for Air China, equipped with a high-quality team of instructors and first-class training equipment, continuously cultivating professional talents with excellent work style, exquisite skills, and due diligence for the company. The Flight Attendant Training Center is a large-scale multifunctional training base for air crew members in China, and is a flight attendant training institution confirmed by the Civil Aviation Administration to have training qualifications. The Flight Attendant Training Center has a team of full-time and part-time instructors with experience in air service work, composed of excellent cabin attendants from Air China. They have accumulated rich teaching and training experience through years of flight and training work. The management level of Air China has significantly improved, occupying a leading position in civil aviation in China, and its brand value is constantly expanding.In 2020, Air China was awarded the "World Brand 500" by the World Brand Laboratory for the 14th consecutive year. It was the first enterprise in China's civil aviation industry to enter the "World Brand 500" and also won the "China Brand Annual Award No.1 (Aviation Service Industry)" and "China Cultural Brand Annual Award" for the 14th consecutive year; In August 2020, Air China was ranked 21st among China's 500 most valuable brands by the World Brand Laboratory, ranking first in the domestic aviation service industry; Air China has also been selected multiple times as one of the "BrandZ's Top 100 Most Valuable Chinese Brands", "Top 50 Chinese Brands Going Abroad", and "Top 500 Asian Brands"; Air China was awarded the honorary title of "Excellent Brand Building Enterprise" by the State owned Assets Supervision and Administration Commission from 2013 to 2015; The Air China brand has been jointly rated by the Financial Times and McKinsey&Company as one of China's top ten world-class brands; Received the title of "Brand China Huapu Award - China's Top 25 Exemplary Brands of the Year" in the series of selection activities on the Brand China General Rating List; Received multiple awards in various social evaluations, including "Best Chinese Airlines", "Annual Best Airlines Award", "Extreme Development Award", "Best Corporate Public Image Award", "National Outstanding Achievement Award for Corporate Culture", and "Top Ten Leading Enterprises in China's Economy". Air China consciously fulfills its social responsibility and always regards taking on public responsibility as its own responsibility. Stable creation of tax revenue and employment opportunities for the country through its own sustainable development; Actively participating in social public welfare practices, dedicating oneself to disaster relief and disaster relief, and making contributions to the country and society. The leadership team of Air China has been awarded the title of "Advanced Collective for Creating 'Four Good Teams' in National State owned Enterprises" by the Organization Department of the Central Committee and the Party Committee of the State owned Assets Supervision and Administration Commission. Air China has successfully completed the service guarantee tasks for the Olympic and Paralympic Games, setting a record in the history of civil aviation in China. On September 29, 2008, the Central Committee of the Communist Party of China and the State Council held a grand summary and recognition conference for the Beijing Olympics and Paralympics at the Great Hall of the People. Air China was awarded the honorary title of "Advanced Collective for the Beijing Olympics and Paralympics". In undertaking various domestic and international emergency rescue and transportation missions, such as the fight against SARS in 2003, the fight against ice and snow disasters in early 2008, the earthquake relief in Wenchuan and Yushu in 2008 and 2009, the rescue in Haiti in 2010, the tsunami relief in Japan in 2011 and the evacuation of Libyan nationals, the earthquake rescue in Nepal in 2015, the fight against the COVID-19 in 2020 and other charter flights, Air China, regardless of gains and losses, acted quickly, organized with all efforts, and did its best to fulfill the responsibilities of central enterprises, Fulfill the mission entrusted by the motherland and the people. Since the COVID-19 in 2020, Air China has carried out 216 rescue charter flights, transported 31000 epidemic prevention personnel and 1403 tons of epidemic prevention materials, and carried out more than 20 evacuation missions in total. On September 8, 2020, at the National Commendation Conference for Fighting COVID-19, Air China Flight Corps and Air China Flight Attendant Liu Tingting won the honorary titles of National Advanced Collective in Fighting COVID-19 Epidemic and National exemplary individual in Fighting COVID-19 Epidemic respectively. |
| Headquarter | Beijing |
| Establish Date | 3/27/2006 |
| Listed Code | 601111.SH |
| Listed Date | 8/18/2006 |
| Chairman | Ma Chongxian. |
| CEO | Wang Mingyuan. |
| Website | www.airchina.com.cn |
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