Air China holding hands Beijing Beijing Aviation

National Committee of CPPCC, Air China, 601111.　　SH) Chairman Dong yesterday in a "First financial daily" reporter exclusive interview revealed that Air China and Beijing Municipal government joint venture Beijing Airlines will soon be available and put into operation, the initial operation of business aircraft operations.　　Air China, which has been searching for more space in the country over the past two years, has not given up on the Beijing market and any opportunities to co-operate with the Beijing municipal government.　　According to the reporter understand, as early as 2003, Air China has set up its own business aircraft branch, the main business includes aircraft hosting, charter sales, purchase consulting and ground service agents.　　At present, Air China's business jet branch is not large, the latest news on its official website shows that the current total management of 7 aircraft. The reporter learned that more planes will join this year.　　Beijing Airlines, which was set up by the Beijing municipal government, is based primarily on Air China's own corporate jet companies.　　Dong told reporters that in the new joint venture Beijing Airlines, Air China will hold 80%, the Beijing municipal government accounted for 20% of the shares, registered capital of about 1 billion yuan, Beijing Airlines is currently preparing and related approval procedures, estimated April or May into operation. The so-called business aircraft, in accordance with the personalized needs of a passenger or organization, through a specially designed route, in the agreed time, to provide passengers with charter flight services.　　Most of its clients are politicians, business leaders, artists and other high-end people. At present, in developed countries, the number of business jets, such as the United States has more than 18000 business aircraft, business aircraft flight hours have already exceeded the flying hours of large flight aircraft,　　There are 15,000 companies that use their own aircraft for official transportation, and about 19,000 for small aircraft, and less than 600 for large aircraft. At present, China's business aircraft development is still in its infancy, the number of business jets operating in China is only 1% in the United States and One-sixtieth in South America.　　However, the industry estimates that, as the growth of the business jets market is closely related to the growth of the country's economy and GDP, China will need 600~1200 aircraft to meet the growth of business passengers over the next 10 years.　　It is noteworthy that last year, the domestic fourth-largest aviation group HNA has just completed a cooperation with the Beijing municipal government, by the Beijing state-owned Enterprises First Brigade Group shares, HNA holding of the "Capital Airlines" officially listed, business aircraft is also the capital of aviation, one of the key business. People familiar with the matter told reporters that Hna and the Beijing municipal government and the first Brigade group to discuss cooperation, starting from July 2009, after this, Air China also found the Beijing municipal government contact.　　Before the establishment of the capital Aviation, Beijing was the only city in the municipality without local brand airlines. At present, HNA operates the largest domestic business aircraft companies. Last year's establishment of the capital of aviation, is by Hna long engaged in travel charter and business aircraft operations of the Golden Deer Aviation increased capital renamed. At present, the capital Aviation has 25 Airbus aircraft, operating various types of luxury business aircraft 24, occupy the Chinese business charter Market 90%Above share. In addition to the preparations for the Beijing Airlines, Dong revealed that Air China and Cathay-Thai Airlines joint venture Cargo Airlines will also be officially operational this March or April.