Hainan Airlines Group (HNA) is a large privately-owned airline group based in Hainan, China. The purple dotted line shows Hainan’s plans from three weeks ago, the orange line was from two weeks ago, the blue is last week’s expectation, and the green line is showing this week’s plan. Hainan Airlines’ inactive fleet (% of total): Jan-Mar 2020Hainan Airlines’ current fleet, as at 13 April 2020Hainan Airlines fleet orders and deliveries: 2020-2025As with the other Chinese airline groups, Hainan Airlines has a complex web, sometimes interlocking, of subsidiaries and partial ownerships, as outlined below.
"I'm going to Changsha this weekend and Guangzhou the next weekend," said Elaine Shen, a Shanghai-based insurance professional just back from an eight-day trip in the country's northwest using the China Eastern pass. Grand China Air and George Soros' American Aviation LDC hold another 24.6%. The weakened carrier recently held a conference with bondholders of its CNY750 million (USD106.4 million) bond, due on 17-Apr-2020, saying it is unable to repay the short term notes. The Soros group at one time held 25% of the airline, on the back of a USD25 million investment, in the latter years of the 20th century at a time when Hainan Airlines was a fledgling.Its intimate relationship with the Hainan government and the government's tourism goals was highlighted when on 10-Mar-2020 the airline committed to launch more than 40 international services by 2022, in support of Hainan Province's goal to open 100 international services and attract two million inbound tourists in the next three to five years.The number of new cases in China has dramatically slowed since early March, reflecting aggressive containment measures in the outbreak epicentre, Wuhan/Hubei Province and across the nation.COVID-19 Cases (cumulative) Global vs China cumulative casesSource: WHO, National Health Commission of the People’s Republic of China & CAPAPlotting the number of daily COVID-19 deaths and reversing the axis so that an increase is shown as a downward movement, and showing also the year-on-year decline in weekly airline seats, the following chart illustrates this relationship.COVID-19 deaths in China (inverted axis) versus year-on-year decline in weekly China domestic airline seatsSource: CAPA, OAG, WHO, National Health Commission of the People’s Republic of ChinaInsights are drawn from the latest weekly flight schedules filed with OAG with aircraft configuration data applied from the CAPA Fleet Database, to produce the Schedule Analysis tools. It added it hopes to extend the repayment, noting that revenue had declined significantly due to the coronavirus pandemic.For the formerly ambitious carrier, 2020 is proving to be an extreme challenge.Domestic: Hainan Airlines has experienced a choppy domestic ‘recovery’ and is the most cautious near term (April) of the four largest Chinese airlines in terms of capacity planning and the most pessimistic in terms of capacity deployment plans for the May Labor Day holiday period onwards.In this new CAPA series, ‘Airline Future Plans’, reviews the forward capacity/schedule plans and fleet utilisation trends of key airlines that have shown some early signs of recovery, at least in their domestic markets. A small kick is then forecast for the end of Apr-2020 with a rise to 438,000 for w/c 27-Apr-2020 but then a big drop back down to 179,000 from the beginning of May-2020. Meanwhile China Eastern Airlines’ 3,322 yuan “Fly as you wish” deal, launched in June, only applies to weekend travel. China Southern Airlines on Tuesday rolled out an 'all you can fly' pass, becoming the latest in a fleet of cash-strapped carriers to join a promotional craze that analysts say has helped revive a coronavirus-ravaged air travel market.At least eight of China's dozens of airlines have introduced similar deals since June, often priced around $500 for in some cases unlimited flights. The majority of this website will not function as intended without JavaScript enabled. The following week saw a drop back to 244,000 seats and then another rise to a new high of 402,000 seats w/c 23-Mar-20.Filings for w/c 23-Mar-2020 originally forecast a continuation of this increase in seats, to around 714,000 per week and then stabilisation for most of Apr-2020.
Some workers unloaded aircraft luggage belonging to China Southern airlines parked at the apron of Soekarno-Hatta Airport, Tangerang, Banten, on Tuesday, Feb. 2, 2020. "It's not just Chinese airlines that have jumped on the deals bandwagon to revive the travel industry.The Marriott Group said it was aiming for a fresh promotional campaign in August 2020 in the wake of a successful April deal giving buyers the chance to eat a month's worth of buffet breakfasts in any of its 146 China hotels for 588 yuan. Privately owned Hainan Airlines, the fourth largest airline in China, joins coverage on Air China, China Eastern Airlines and China Southern Airlines in this new series, which aims to provide insights into the fast-changing airline strategy.