News
Air China to raise fresh capital through share sale
November 4th 2025
Air China has announced a proposed share sale involving the issuing of about three billion A shares to China National Aviation Holding Corporation Limited (CNAHC), a state-owned enterprise and the airline’s majority shareholder, and China National Aviation Capital Holding (CNAC), a wholly-owned subsidiary. Read More » The sale was expected to raise gross proceeds of 20 billion yuan, with the net proceeds to be used to pay down debt and as working capital. The transactions required a shareholder vote at an extraordinary general meeting.
In other Air China news, the Mainland China flag carrier reported net profit of 3.7 billion yuan (US$516 million) for the three months to September 30 2025, down 11.3% from net profit of 4.1 billion yuan in the same three months in 2024. Revenue rose 0.9% to 49.1 billion yuan, Air China said in a regulatory filing. While the quarterly profit figure was down, net profit for the nine months to September 30 rose 37.3% to 1.9 billion yuan. Air China attributed the nine-month profit improvement to higher revenues and its "strengthened cost control measures".
