Hainan Airlines

Hainan Airlines Co., Ltd. (HNA, Chinese: 海南航空公司; pinyin: Hǎinán Hángkōnggōngsī; Hainanese: Hái-nâm Hang-khun-kông-si) is an airline headquartered in Haikou, Hainan, People's Republic of China. It is the largest civilian-run and majority state-owned[4] air transport company, making it the fourth-largest airline in terms of fleet size in the People's Republic of China, and tenth-largest airline in Asia[5] in terms of passengers carried. It operates scheduled domestic and international services on 500 routes from Hainan and nine locations on the mainland, as well as charter services. Its main base is Haikou Meilan International Airport,[6] with hubs at Beijing Capital International Airport and Xi'an Xianyang International Airport[7] and several focus cities.

Not to be confused with HNA Group, associate company.

Hainan Airlines
海南航空公司
IATA ICAO Callsign
HU CHH HAINAN
Founded1993
Hubs
Focus cities
Frequent-flyer programFortune Wings Club
Subsidiaries
Fleet size221
Destinations110 (incl. subsidiaries)
Parent companyHNA Group
Traded asSSE: 600221
HeadquartersNo. 7 Guoxing Avenue, Meilan District, Haikou, Hainan[1]
Key peopleChen Feng (Chairman)[2]
Wang Jian[3]
Websitewww.hainanairlines.com

History

Early years

Hainan Airlines was established in October 1989 as Hainan Province Airlines in Hainan, the largest special economic zone in China. Hainan Province Airlines became China's first joint-stock air-transport company following a restructuring in January 1993 and began scheduled services on 2 May 1993. The initial 250 million yuan (US$31.25 million) was financed by the Hainan government (5.33%) and the corporate staff (20%). The rest came from institutional shareholders.[8] In 1996, the provincial airline was renamed Hainan Airlines.

American Aviation LLC, controlled by George Soros, had been a major shareholder of the airline since 1995.[9]

Executive-jet operations with a Bombardier Learjet 55 were added in April 1995. In 1998, Hainan Airlines became the first Chinese carrier to own shares in an airport after it purchased 25% stake of Haikou Meilan International Airport.

Development since the 2000s
A now retired Hainan Airlines Boeing 737-300 wearing the airline's former livery

In 2000, HNA Group was established and became the third largest shareholder (7.31%) of Hainan Airlines.[10] It also controlled Shanxi Airlines, Chang An Airlines and China Xinhua Airlines. By 2003 Hainan, the main airline, overtook Chang'an as the fourth largest airline in China.[11]

In 2007 Grand China Air was established as the new holding company, when American Aviation became its subsidiary.

On 29 September 2005, HNA Group ordered 42 Boeing 787-8s, 10 of which were earmarked for the Hainan Airlines fleet. In January 2006, China Aviation Supplies Import and Export Group Corporation ordered 10 Boeing 737-800s for Hainan Airlines. In September 2006, Hainan Airlines ordered another 15 Boeing 737-800s.

On 4 December 2007, Hainan Airlines acquired three Airbus A340-600s on lease from International Lease Finance Corporation. On 14 November 2007, Hainan Airlines received its first Airbus A330-200. In June 2007, Hainan Airlines ordered 13 Airbus A320-200 aircraft. In late 2007, Hainan Airlines ordered 50 Embraer ERJ-145s and 50 Embraer 190s, with a total value (at list price) of US$2.7 billion. The 50-seat ERJ-145s were produced by the Harbin Embraer Aircraft Industry (HEAI) joint venture, located in Harbin. E-190 deliveries began in December 2007. Due to the global financial crisis and huge losses incurred in 2008, the ERJ-145 order was reduced to 25. The E-190 order remained unchanged.

On 25 March 2015, Hainan Airlines announced its intention to acquire 30 Boeing 787-9s, which are all to join the Hainan Airlines Fleet. The delivery of the aircraft is scheduled to be completed by 2021.[12] Two leased Boeing 787-9 aircraft were delivered in Spring 2016.[13][14] Hainan Airlines will also be among the first operators of the COMAC C919, with deliveries beginning in the 2020s.

Bankruptcy and Restructuring

Hainan Airlines announced on January 19th, 2021, that it has entered bankruptcy restructuring, after a government-led exercise to work out its debt failed to come up with money to repay bondholders and creditors.[15]

Corporate affairs

Offices
HNA Building, headquarters in Haikou

Hainan Airlines and the HNA Group have their headquarters in the HNA Building (simplified Chinese: 新海航大厦; traditional Chinese: 新海航大廈; pinyin: Xīn Hǎiháng Dàshà),[16][17] in Haikou, Hainan.[18] with other office premises HNA Tower in focused cities including Beijing, Chongqing, Guangzhou, and Shanghai. It was previously headquartered in the HNA Development Building a.k.a. the Haihang Development Building (海航发展大厦; 海航發展大廈; Hǎiháng Fāzhǎn Dàshà) along Haixiu Road in Haikou.[19][20][21]

Shareholders

As of 31 December 2016, the Hainan provincial government owns 53.67% of Hainan Airlines' shares through Grand China Air Holding Company, which is controlled by the investment arm of the Hainan government.[22] Grand China Air is the direct parent company of Hainan Airlines (24.33% shares directly; an additional 1.29% shares via a subsidiary American Aviation LDC),[23] which was partially owned by Hainan Development Holdings (24.97%), HNA Group (23.11%), Starstep (9.57%), Haikou Meilan International Airport (8.30%), Shenhua Group (5.56%) and other shareholders (As of 30 June 2016).[24] HNA Group owned 3.53% shares directly and via Changjiang Leasing, owned an additional 3.08% shares as the second largest shareholder.[23] Haikou Meilan International Airport was the third largest shareholder for 5.13% shares.[23] Moreover, HNA Group also owned Haikou Meilan International Airport partially, as well as Hainan Airlines as cross ownership. A private equity fund that was managed by Shanghai Pudong Development Bank, owned 4.91% shares as the fourth largest shareholder.[23]

Services

Lounges

Hainan Airlines operates several self-owned airport lounges at its main hub and focus cities including Beijing (T1 HNA Exclusive Terminal), Haikou, Xi'an, Guangzhou, and Urumqi. In addition, the airline will soon open its exclusive international departure lounge at its main international hub Beijing International Airport Terminal 2. The airline also operates an exclusive Transit Lounge for transferring HNA Group passengers at Beijing Airport Non-restricted area.

Frequent-flyer program

Hainan Airlines's frequent-flyer program is called Fortune Wings Club (simplified Chinese: 金鹏俱乐部; traditional Chinese: 金鵬俱樂部; pinyin: Jīn Péng Jùlèbù). The airlines's subsidiaries Hong Kong Airlines, Lucky Air, Tianjin Airlines, Beijing Capital Airlines, Urumqi Airlines, Suparna Airlines, GX Airlines, Fuzhou Airlines and parent company Grand China Air are also parts of the program. It is also possible for passengers to collect miles on Alaska Airlines, Etihad Airways, Virgin Australia, TAP Portugal and the airlines that have codeshare agreements with Hainan Airlines.[25] Members can earn miles on flights as well as through consumption with Hainan Airlines's credit card. When enough miles are collected, members can be upgraded to Elite members which are divided into four tiers: Fortune Wings Platinum membership, Gold membership, Silver membership, and Flying Card membership. Elite membership get extra services.[26]

Accolades

Hainan Airlines is one of ten airlines worldwide rated as five-star by Skytrax, along with All Nippon Airways, Asiana Airlines, Cathay Pacific, EVA Air, Garuda Indonesia, Japan Airlines, Lufthansa, Qatar Airways, and Singapore Airlines.[27]

In June 2019 they were ranked #7 in the Skytrax World's Top 10 Airlines of 2019 ratings[28] and were winners in the following additional categories: Best Airline in China: World's Best Business Class Amenities, Best Airline Staff in China, Best Airline Cabin Cleanliness in China, and Best Cabin Crew in China.[29]

Destinations
Further information: List of Hainan Airlines destinations

As of January 2017, Hainan Airlines operates seven bases across China: Beijing– Capital, Guangzhou, Haikou, Hangzhou, Sanya, Shenzhen and Xi'an.[30] It operates an extensive network across the People's Republic of China, connecting Asia, Europe, North America and Oceania. It serves nearly 500 domestic and international routes and flies to more than 90 cities.

Hainan operates international regular flights and offers charter flights to 51 various destinations in 28 countries such as flights from Beijing to Almaty, Toronto, Berlin, Brussels, Seattle/Tacoma, St. Petersburg, Moscow, Tel Aviv, Chicago, Las Vegas, San Jose, California and Boston; Beijing, Xi'an, Dalian, Guangzhou, Haikou to Taipei; Beijing, Haikou, Nanning to Bangkok; Hefei via Haikou to Singapore and others.[31] Hainan also received official approval from the US DOT to begin nonstop flights between Beijing and Chicago. As of June 2014, Hainan began servicing Boston directly with a four-times-weekly 787 flight from Beijing Capital International Airport. It was the first direct flight between Boston and China.[32] The airline began service in the second quarter of 2013 with the Boeing 787 Dreamliner aircraft. It was the first Chinese carrier to offer flights between the two cities. Flights from Beijing-Capital to Chicago-O'Hare began on 3 September 2013.[33][34]

On 23 October 2015, Hainan announced flights to Manchester, United Kingdom, starting in summer 2016.[35] Hainan announced the launch of a direct route between Beijing and Calgary, Canada, as of 30 June 2016.[36] During the second half of 2017, Hainan Airlines began flights from Shanghai to Tel Aviv and restarted flights from Shanghai to Brussels.[37] In late September 2017 Hainan Airlines commenced direct flights to and from Brisbane, Australia, several times per week, and also to Belgrade, Serbia, via Prague, every Monday and Friday. On 8 March 2018, Hainan Airlines announced flights between Changsha and London Heathrow, commencing 23 March 2018.[38] and on 15 March 2018, they announced round trip flights between Beijing–Capital, Dublin, and Edinburgh commencing 12 June 2018.[39] In mid-October 2018, flights from Shenzen to Vienna were launched.

Codeshare agreements

Hainan Airlines has codeshare agreements with the following airlines:[40]

Fleet

Current fleet
Hainan Airlines Airbus A330-300
Hainan Airlines Airbus A350-900
Hainan Airlines Boeing 737-800
Hainan Airlines Boeing 787-8

As of May 2020, the Hainan Airlines fleet consists of the following aircraft:[44]

Hainan Airlines Fleet
Aircraft In Fleet Orders Passengers Notes
C Y Total
Airbus A330-200 9 — 36 186 222
Airbus A330-300 24 — 32 260 292 One aircraft is stored.
24 279 303
Airbus A350-900 2 2[45] 33 301 334 Two aircraft stored.
30 309 339
Boeing 737-800 137 — 8 156 164 Two aircraft are stored.
One aircraft in Little Door Gods special livery.
One aircraft in Xinhua Net National Brand Project special livery.
Boeing 737 MAX 8 11 39[46] 8 168 176 Currently grounded
Boeing 787-8 10 — 36 177 213
Boeing 787-9 28 8 30 259 289 Two aircraft stored.
30 262 292
Comac C919 — 20[47]
TBA
Total 221 73

Fleet history

Hainan Airlines has previously operated the following aircraft:

Hainan Airlines former fleet
Aircraft Fleet Introduced Retired
Airbus A319-100 6 2005 2008
Airbus A340-600 3 2008 2014
Boeing 737-300 9 1993 2014
Boeing 737-300SF 1 2004 2005
Boeing 737-400 7 1995 2014
Boeing 767-300ER 5 2002 2018
Fairchild Dornier 328JET 27 1999 2009

See also

References
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  2. William Mellor (23 May 2014). "For Hainan Airlines' Chen Feng, rise of resort in China provides lift for a new sky empire". Washington Post. Retrieved 10 July 2015.
  3. Chen, Laurie (4 July 2018). "HNA Group chairman Wang Jian dies in 15m fall onto French rocks". South China Morning Post. Retrieved 4 July 2018.
  4. "List of Government-Owned and Privatized Airlines" (PDF). ICAO. Retrieved 3 October 2019.
  5. https://www.worldatlas.com/articles/the-largest-airlines-in-asia.html
  6. "Directory: World Airlines". Flight International: 89. 3 April 2007.
  7. Kuan, Albert. "Hainan Airlines Announces Xi'an Service From Los Angeles - 20 December 2018".
  8. Ji, Minhua; Liu, Gong. "Hainan Airlines to form aviation conglomerate - 10 Jul 2006". Archived from the original on 4 May 2015. Retrieved 5 June 2016.
  9. Zeng, Qingkai (17 October 2005). "Soros injects another US$25m into Hainan Airlines". China Daily. Retrieved 5 June 2016.
  10. "2000 Annual Report" (PDF). Hainan Airlines (in Chinese). Shanghai Stock Exchange. 17 April 2001. p. 7. Retrieved 19 August 2017.
  11. Ionides, Nicholas. "Bigger is Better." Flightglobal. 16–22 September 2003. p. 43. Retrieved on 30 October 2012.
  12. "Chinese airline set to order 30 Boeing 787-9 jets". The Seattle Times. Retrieved 10 July 2015.
  13. "Hainan Airlines". Airliner World: 17. July 2015.
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  15. Ouyang, Iris (29 January 2021). "HNA Group enters bankruptcy restructuring as China's largest asset buyer succumbs to debt after decade-long shopping spree". SCMP. Retrieved 30 January 2021.
  16. 海口海航大厦. HNA Group. Retrieved 30 August 2012.
  17. "HNA Gallaries." [sic] HNA Group. Retrieved on 30 August 2012.
  18. 金鹏会员手册简易版 (PDF) (in Chinese). Hainan Airlines. Archived from the original (PDF) on 27 June 2013. Retrieved 26 August 2012. 地址：海南省海口市国兴大道新海航大厦 邮编：570000 Address: New Haihang Bldg Guoxing Road, Haikou, Hainan, 570000, PR China
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  21. 海南航空股份有限公司 600221 2010 年半年度报告 (PDF) (in Chinese). Hainan Airlines. August 2010. p. 1. Archived from the original (PDF) on 8 July 2011. Retrieved 26 August 2012. 海南省海口市海秀路29 号海航发展大厦
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  29. "A-Z Airline Awards Winners 2019". SKYTRAX. Retrieved 19 June 2019.
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  41. 2018, UBM (UK) Ltd. "Aegean Airlines / Hainan Airlines plans Feb 2018 codeshare launch". Retrieved 29 March 2018.CS1 maint: numeric names: authors list (link)
  42. Hainan Airlines / Iberia begins codeshare partnership from late-Oct 2019
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  47. chinaaviationdaily.com - Airlines That Have Ordered COMAC C919 So Far 29 October 2015

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