Air China Ltd Class A

Sustainable aviation fuel exclusively produced by Haixin Energy Technology was successfully refueled onto a Beijing-to-Brussels flight at Beijing Capital International Airport, marking the launch of China's first SAF project to complete a full-process closed-loop application within the same region. The SAF used in this refueling was refined from waste cooking oil collected in the Beijing area, with raw materials sourced from catering establishments such as KFC and McDonald's in Beijing. China National Aviation Fuel and Zhongjing Zhenghe jointly carried out standardized closed collection and transport, which was then transferred to Haixin Energy Technology for processing and production. China National Aviation Fuel completed the refueling of an Air China flight at Capital Airport, while the Anchor Trace platform jointly developed by the Second Research Institute of Civil Aviation and China National Aviation Fuel carried out the confirmation, trading, and declaration of emission reduction rights. As a state-owned listed company under the State-owned Assets Supervision and Administration Commission of Beijing's Haidian District, Haixin Energy Technology is the only state-owned enterprise in Beijing with SAF production and processing capabilities. It had previously supplied its first batch of SAF products to China National Aviation Fuel in April 2025, covering Beijing Daxing Airport and Chengdu Shuangliu Airport. This latest move further extends its SAF business footprint to Capital Airport, meaning the company's SAF now covers both of Beijing's major hub airports.

Air China announced that in July 2026, passenger capacity rose 4.8% year on year, passenger turnover rose 11.2%, and the average load factor was 85.0%, up 4.9 percentage points. In cargo, cargo capacity rose 8.9%, cargo and mail turnover rose 7.0%, and the cargo load factor was 42.2%, down 0.7 percentage points. During the month, the company introduced one C919 aircraft and one B737 series aircraft, and retired one A320 series aircraft. As of the end of July, it operated a total of 973 aircraft, including 428 owned, 259 under finance leases, and 286 under operating leases. In the first quarter of 2026, Air China reported revenue of 44.536 billion yuan and net profit attributable to the parent of 1.714 billion yuan.

The domestically produced C919 passenger aircraft began its first international route service on Wednesday, August 12, with Air China flight CA723 departing Beijing Capital International Airport around 3 p.m. Beijing time and arriving in Ulaanbaatar, Mongolia. This marks the first international commercial service for the aircraft since its first domestic commercial service on May 28, 2023. Air China currently operates 12 C919 aircraft, while China Eastern Airlines and China Southern Airlines also operate the type. The Commercial Aircraft Corporation of China, or COMAC, said the C919 is China's first self-developed passenger aircraft meeting international airworthiness standards, with intellectual property rights registered. As of August 10, the aircraft has been used on 57 routes connecting 25 cities and has carried more than 7.5 million passenger trips.

Shenzhen Airlines' registered capital has been increased from 9.351 billion yuan to 21.24 billion yuan, marking the completion of two rounds of equity financing totaling 16 billion yuan. The first round of capital increase of 4.082 billion yuan was completed in December 2025, with Air China contributing 2.082 billion yuan in cash and Shenzhen Kunhang Investment Partnership contributing 2 billion yuan in cash. The second round of capital increase of 11.918 billion yuan was approved in June 2026, with Air China contributing a total of 6.078 billion yuan through the assessed value of five A350 wide-body aircraft plus cash, and Kunhang Investment contributing 5.84 billion yuan in cash. After the capital increase, Air China maintains a controlling stake of 51 percent, while Kunhang Investment's shareholding ratio has increased. The equity of Shenzhen International, which did not participate in the capital increase, has been diluted accordingly. Industry insiders analyze that the capital injection will optimize Shenzhen Airlines' asset-liability structure, ease liquidity pressure, and the contribution of A350 wide-body aircraft will fill the gap in long-haul intercontinental capacity, driving the expansion of international routes. In the summer-autumn flight season of 2026, Shenzhen Airlines will increase the frequency of its Shenzhen-London and Shenzhen-Melbourne routes, and plans to launch new direct flights from Shenzhen to Jakarta and Bandar Seri Begawan. The Shenzhen-London route will be increased to a daily flight starting September 22, becoming the only daily direct intercontinental route departing from Shenzhen.

Airbus has secured aircraft orders from Air China and Hainan Airlines with a combined transaction value of about $17.8 billion. Air China agreed to purchase 15 A350-900 widebody aircraft and 40 A320neo-family jets for its subsidiary Shenzhen Airlines in a deal valued at $12.4 billion, while Hainan Airlines separately ordered 40 A320neo aircraft for as much as $5.36 billion. The transactions were disclosed through separate Shanghai Stock Exchange filings on Friday, days before the Farnborough Air Show begins near London. The agreements add to a series of major Airbus sales in China, where the company has gained an advantage over Boeing in the world's second-largest aviation market.

Airbus has secured multi-billion-dollar aircraft orders from Air China, Shenzhen Airlines, and Hainan Airlines, with a combined list-price value of $17.8 billion. The package covers 95 aircraft, including A350-900 widebodies and A320neo-family narrowbodies, for deployment across key Chinese routes. The deals reinforce Airbus's role as a key supplier to Chinese carriers modernizing fleets and targeting lower emissions, aligning with China's carbon-peaking and aviation-decarbonization goals. Deliveries are scheduled between 2029 and 2032, supporting long-term backlog visibility and production-slot allocation in a market where Boeing also competes for share.

On the evening of July 17, multiple listed companies on the Shanghai and Shenzhen stock exchanges issued important announcements. Goke Microelectronics plans to raise no more than 5.061 billion yuan through a private placement for projects including a next-generation AI vision processing chip. TCL Zhonghuan intends to invest approximately 11.96 billion yuan to build a semiconductor large silicon wafer project for integrated circuits in Shenzhen. Huike Electronics invested 4 billion yuan to establish a subsidiary to advance advanced packaging and testing projects, with the first phase planning to build advanced packaging and testing for 12-inch hybrid chips, reaching a monthly capacity of 20 million units upon full production. Hainan Airlines plans to purchase 40 A320NEO series aircraft from Airbus, with a total transaction amount not exceeding 5.36 billion US dollars. Air China and its subsidiary Shenzhen Airlines will jointly purchase 55 aircraft from Airbus, with a list price of approximately 12.44 billion US dollars. Hunan Yuneng plans to invest about 24 billion yuan in a mining-integrated new energy battery material circular industry project in Weng'an, Guizhou, with an estimated total construction period of five years. Additionally, several companies disclosed earnings forecasts. China Shipbuilding Special Gas reported a net profit of 348 million yuan for the first half of the year, up 95.63 percent year-on-year. Zhiwei Intelligent reported a net profit of 388 million yuan for the first half, up 281.92 percent year-on-year. Jiejia Weichuang expects its first-half net profit to decline by 73.23 percent to 80.22 percent year-on-year. Huichen Information's actual controller, chairman, and general manager Zhao Long was subjected to criminal coercive measures for suspected illegal disclosure or non-disclosure of important information. ST Wenfeng and its controlling shareholder were placed on file for investigation by the China Securities Regulatory Commission for suspected illegal information disclosure.

Air China announced it has signed an aircraft purchase agreement with Airbus, planning to buy 15 A350-900 and 40 A320NEO family aircraft, with a combined list price of approximately 12.44 billion US dollars. Air China, as the buyer, will purchase 15 A350-900s through its wholly owned subsidiary Air China Import and Export Corporation, while its controlling subsidiary Shenzhen Airlines will buy 40 A320NEOs. The aircraft are scheduled for delivery in batches from 2029 to 2032, and the transaction will be paid in installments using own funds, bank loans, and other financing methods. The company said the deal will expand capacity, optimize fleet structure, reduce operating costs, and support a green and low-carbon transition.