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Founded Year

1988

Mosaic Score
The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.

+30 points in the past 30 days

About Air China

Air China (OTCMKTS: AIRYY ) is an airline company that offers passenger flights, cargo flights, and other airline services, as well as provides hotel booking, car renting, catering, and other related services. The company was founded in 1988 and is based in Beijing, Beijing.

Headquarters Location

Room 4004 (4th Floor) No. 16 Tianzhu West Road, Tianzhu Airport Economic Development Zone

Beijing, Beijing, 101312,

China

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Latest Air China News

China New Year holiday spending soars to pre-pandemic levels

Feb 18, 2024

NUTCHAPONG WUTTISAK/iStock via Getty Images Consumer spending during China's Lunar New Year topped the pre-pandemic level as travel surged. Total domestic trips for the eight-day long holiday from February 10-17 were up 34.3% year-over-year to 474M, while tourism receipts grew 47.3% to 632.6M yuan ($89M). Average spending per trip this year reached 1,335 yuan vs. 1,238 yuan in 2019, according to a calculation from Reuters. Notably, 18M trips were made by air in China during the holiday period, while 99.5M railway trip were made, both up dramatically from pre-COVID levels. Air China Limited ( OTCPK:AIRYY ), China Southern Airlines ( OTCPK:CHKIF ), and China Eastern Airlines ( OTCPK:CHEAF ) are the three largest airlines in China. Macau casinos were clear beneficiaries of the holiday travel boom. On February 12th, Macau received 217,448 tourists, which was noted to mark the highest daily visitor arrivals tally since the pandemic and the second-highest daily visitor tally in history behind the 226,326 visitors seen on February 7, 2019, just before the pandemic broke. The list of casino-related stocks that could see a Q1 earnings boost includes Wynn Macau ( OTCPK:WYNMF ) ( OTCPK:WYNMY ), Wynn Resorts ( WYNN ), Sands China ( OTCPK:SCHYY ) ( OTCPK:SCHYF ), Las Vegas Sands ( LVS ), MGM China ( OTCPK:MCHVF ), ( OTCPK:MCHVY ), MGM Resorts ( MGM ), Galaxy Entertainment ( OTCPK:GXYEF ), SJM Holdings ( OTCPK:SJMHF ), ( OTCPK:SJMHY ), Melco Resorts & Entertainment ( MLCO ), Studio City International ( MSC ). Across retail, companies like Alibaba ( BABA ), Baozun ( BZUN ), Shein, Dada Nexus ( DADA ), JD.com ( JD ), Temu, PDD Holdings ( PDD ), and Shein may have benefited from the burst of holiday spending. Another highlight over the holiday period was movie attendance as China's box office revenue exceeded 8B yuan over the eight days, according to the China Film Administration. That figure bodes well for IMAX's ( IMAX ) ( OTCPK:IMXCF ) China business. Other China-based stocks traded in the U.S. of interest include Yum China ( YUMC ), Luckin Coffee ( OTCPK:LKNCY ), Tuniu ( TOUR ), H World Group ( HTHT ), Jowell Global ( JWEL ), and Trip.com ( TRIP ). Looking ahead, Chinese authorities with the Ministry of Commerce branding have branded 2024 as the "Year of Consumption Promotion" even as some analysts continue to express doubts that consumer spending will remain strong. Nomura recently warned that China's economy could worsen into the spring because Beijing has not been able to revive the real estate sector.

Air China Frequently Asked Questions (FAQ)

  • When was Air China founded?

    Air China was founded in 1988.

  • Where is Air China's headquarters?

    Air China's headquarters is located at Room 4004 (4th Floor) No. 16 Tianzhu West Road, Tianzhu Airport Economic Development Zone, Beijing.

  • Who are Air China's competitors?

    Competitors of Air China include DiDi and 4 more.

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Compare Air China to Competitors

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AsiaYo

AsiaYo offers a vacation rental platform connecting travelers with accommodations in Asia. The platform allows its customers to choose from various hotels, resorts, hostels, vacation rentals, guesthouses, and more according to their destination. The company was founded in 2014 and is based in Taipei, Taiwan.

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InteleTravel

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FlixMobility

FlixMobility operates as a company focused on providing affordable and convenient bus travel services in the transportation industry. The company offers bus travel services with features such as comfortable seating, power outlets, and real-time journey tracking. It primarily serves individuals seeking domestic and international travel options. It was formerly known as GoBus. It was founded in 2011 and is based in Munich, Germany.

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Cao Cao Mobility

Cao Cao Mobility aka CAOCAO is a high-end car rental and ride-hailing app operating in major cities throughout China. Cao Cao Mobility is a spinoff of Geely Technology Group. Cao Cao Mobility offers ride-hailing with its own dedicated fleet of vehicles and taxis, concierge services, It aims to be a low-carbon mobility brand in china to use new energy vehicles and offer carbon banking for individual / corporate users . Cao Cao primarily uses Geely Auto’s new energy vehicles, including the Emgrand EV which has a 450km range. The extremely efficient Emgrand EV puts out zero emissions and zero pollution providing a superior ride experience for drivers and passengers. Currently, Cao Cao is available in more than 50 cities, including Hangzhou, Beijing, Shanghai, Guangzhou, and Shenzhen. Based on providing “quick, comfortable and efficient” mobility solutions, Cao Cao Mobility has been ranked first in user activity among B2C platforms in Hangzhou, Qingdao, Ningbo, Chengdu, Tianjin, Taiyuan and other cities.

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