Established in 1993, Hainan Airlines is a Chinese full service carrier and one of the largest airlines in the country. The carrier operates from its primary hub at Haikou Hainan Meilan International Airport, serving an extensive domestic and international network to destinations across Asia, Europe and North America. In addition to its scheduled services, Hainan Airlines also provide select charter services. The carrier operates a mixed fleet of narrow and widebody jet aircraft.
On 29-Jan-2021, Hainan Airlines announced creditors applied to the court for the reorganisation of the airline and its subsidiaries, including Air Changan, Shanxi Airlines, Lucky Air, Fuzhou Airlines, Urumqi Air, Guangxi Beibu Gulf Airlines and HNA Aviation Technik. Hainan Airlines stated its subsidiaries will perform daily operations as normal despite the "major uncertainty" on whether they will enter reorganisation process.
On 23-Oct-2021, HNA Group announced the group and its related companies have voted to approve the company's restructuring plan.
HNA Group's management of its core aviation business, including Hainan Airlines, was transferred to the strategic investor Liaoning Fangda Group, effective 08-Dec-2021.
On 24-Apr-2022, HNA Group stated all four restructuring plans related to the group have been completed with court approvals.
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