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Grand China Air
Grand China Air Co., Ltd. (GCA) is a Chinese airline based at Haikou Meilan International Airport. History Grand China Air was formed on 29 November 2007 under the initiative of the HNA group's largest operational entity, Hainan Airlines, to merge its operations with HNA Group's subsidiaries Shanxi Airlines, Chang An Airlines, and China Xinhua Airlines. The airline is headquartered in Beijing and registered in Hainan Province. As of 14 April 2012 only one of its 737-800s have been fitted with winglets. Grand China Air was owned by 23 shareholders. The top 5 shareholders were Hainan Development Holdings (24.97%), HNA Group (23.11%), Starstep (9.57%), Haikou Meilan International Airport (8.30%) and Shenhua Group (5.56%). It was reported that George Soros was a minority shareholder It was reported that Starstep was still owned by Soros. Former associate of Soros, Bharat Bhisé, via Pan-American Aviation Holdings, owned 4.00% stake of Grand China Air as the 8th largest shareholde ...
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Tianjin Airlines
: ''See Grand China Air for the holding company of Hainan Airlines.'' Tianjin Airlines ( —formerly Grand China Express Air) is a Chinese airline headquartered in Tianjin Binhai International Airport passenger terminal building, Dongli District, Tianjin, operating domestic scheduled passenger and cargo flights out of Tianjin Binhai International Airport. History Grand China Air was established in 2004 in an effort to merge the major aviation assets of Hainan Airlines, China Xinhua Airlines, Chang An Airlines and Shanxi Airlines, and received its operating licence from the Civil Aviation Administration of China in 2007. Scheduled flights were launched under the brand name Grand China Express Air, using 29-32 seat Fairchild Dornier 328JET aircraft. At that time, the company was China's largest regional airline, operating on 78 routes linking 54 cities. On 10 June 2009, the airline's name was changed to Tianjin Airlines. As of August 2011, 63 destinations are served (excluding those ...
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Shenhua Group
Shenhua Group Corporation Limited was a Chinese state-owned mining and energy company. Shenhua Group was founded in October 1995 under the auspices of the State Council of the People's Republic of China. It was the largest coal-producing company in China. In 2014 Shenhua Group produced 437 million tonnes of coal and sold 588 million tonnes of coal. In 2014, Shenhua Group's revenue was 328.6 billion yuan (~US$53 billion), and the company ranked 196th in the Global Fortune 500. The same year the Shenhua Group's profit was 64 billion yuan (~US$10 billion). On August 28, 2017, SASAC announced that China Guodian Corporation and Shenhua Group would be jointly restructured, with Shenhua Group becoming China Energy Investment Corporation and absorbing China Guodian Corporation. History The predecessor of the company was a subsidiary of China Huaneng Group, called (sometimes translated as Huaneng Coal Corporation). China Huaneng Group was found in 1989 as a holdin ...
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Companies Based In Hainan
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial pers ...
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Airlines Established In 2007
An airline is a company that provides air transport services for traveling passengers and freight. Airlines use aircraft to supply these services and may form partnerships or alliances with other airlines for codeshare agreements, in which they both offer and operate the same flight. Generally, airline companies are recognized with an air operating certificate or license issued by a governmental aviation body. Airlines may be scheduled or charter operators. The first airline was the German airship company DELAG, founded on November 16, 1909. The four oldest non-airship airlines that still exist are the Netherlands' KLM (1919), Colombia's Avianca (1919), Australia's Qantas (1920) and the Czech Republic's Czech Airlines (1923). Airline ownership has seen a shift from mostly personal ownership until the 1930s to government-ownership of major airlines from the 1940s to 1980s and back to large-scale privatization following the mid-1980s. Since the 1980s, there has also been a ...
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Airlines Of China
An airline is a company that provides air transport services for traveling passengers and freight. Airlines use aircraft to supply these services and may form partnerships or alliances with other airlines for codeshare agreements, in which they both offer and operate the same flight. Generally, airline companies are recognized with an air operating certificate or license issued by a governmental aviation body. Airlines may be scheduled or charter operators. The first airline was the German airship company DELAG, founded on November 16, 1909. The four oldest non-airship airlines that still exist are the Netherlands' KLM (1919), Colombia's Avianca (1919), Australia's Qantas (1920) and the Czech Republic's Czech Airlines (1923). Airline ownership has seen a shift from mostly personal ownership until the 1930s to government-ownership of major airlines from the 1940s to 1980s and back to large-scale privatization following the mid-1980s. Since the 1980s, there has also been ...
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Boeing 737 Next Generation
The Boeing 737 Next Generation, commonly abbreviated as 737NG, or 737 Next Gen, is a narrow-body aircraft powered by Twinjet, two jet engines and produced by Boeing Commercial Airplanes. Launched in 1993 as the third generation derivative of the Boeing 737, it has been produced since 1997 and is an upgrade of the Boeing 737 Classic, 737 Classic (−300/-400/-500) series. It has a redesigned wing with a larger area, a wider wingspan, greater fuel capacity, and higher maximum takeoff weights (MTOW) and longer range. It has CFM International CFM56#CFM56-7 series, CFM International CFM56-7 series engines, a glass cockpit, and upgraded and redesigned interior configurations. The series includes four variants, the −600/-700/-800/-900, seating between 108 and 215 passengers. The 737NG's primary Competition between Airbus and Boeing, competition is the Airbus A320 family. , a total of 7,124 737NG aircraft had been ordered, of which 7,096 had been delivered, with remaining orders for ...
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Reuters
Reuters ( ) is a news agency owned by Thomson Reuters Corporation. It employs around 2,500 journalists and 600 photojournalists in about 200 locations worldwide. Reuters is one of the largest news agencies in the world. The agency was established in London in 1851 by the German-born Paul Reuter. It was acquired by the Thomson Corporation of Canada in 2008 and now makes up the media division of Thomson Reuters. History 19th century Paul Reuter worked at a book-publishing firm in Berlin and was involved in distributing radical pamphlets at the beginning of the Revolutions in 1848. These publications brought much attention to Reuter, who in 1850 developed a prototype news service in Aachen using homing pigeons and electric telegraphy from 1851 on, in order to transmit messages between Brussels and Aachen, in what today is Aachen's Reuters House. Reuter moved to London in 1851 and established a news wire agency at the London Royal Exchange. Headquartered in London, Reuter' ...
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Executive Order 13959
Executive Order 13959 is a U.S. Presidential Executive Order signed on November 12, 2020, by President Donald Trump. Its title, and stated goal, is "Addressing the Threat From Securities Investments That Finance Communist Chinese Military Companies." It is essentially no longer in force since its first five paragraphs, the key substantive provisions, were superseded by Executive Order 14032 ("Addressing the Threat From Securities Investments That Finance Certain Companies of the People's Republic of China"), signed by President Biden on June 3, 2021. The national emergency declared by E.O. 13959 remains in effect, however, and was expanded by E.O. 14032. Prohibiting investment in "Communist Chinese military companies" The executive order prohibits all U.S. investors (institutional and retail investors alike) from purchasing or investing in securities of companies identified by the U.S. government as "Communist Chinese military companies". A "Communist Chinese military compan ...
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People's Liberation Army
The People's Liberation Army (PLA) is the principal military force of the People's Republic of China and the armed wing of the Chinese Communist Party (CCP). The PLA consists of five service branches: the Ground Force, Navy, Air Force, Rocket Force, and Strategic Support Force. It is under the leadership of the Central Military Commission (CMC) with its chairman as commander-in-chief. The PLA can trace its origins during the Republican Era to the left-wing units of the National Revolutionary Army (NRA) of the Kuomintang (KMT) when they broke away on 1 August 1927 in an uprising against the nationalist government as the Chinese Red Army before being reintegrated into the NRA as units of New Fourth Army and Eighth Route Army during the Second Sino-Japanese War. The two NRA communist units were reconstituted into the PLA on 10 October 1947. Today, the majority of military units around the country are assigned to one of five theater commands by geographical location. ...
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George Soros
George Soros ( name written in eastern order), (born György Schwartz, August 12, 1930) is a Hungarian-American businessman and philanthropist. , he had a net worth of US$8.6 billion, Note that this site is updated daily. having donated more than $32 billion to the Open Society Foundations, of which $15 billion has already been distributed, representing 64% of his original fortune. ''Forbes'' called him the "most generous giver" (in terms of percentage of net worth). Born in Budapest to a non-observant Jewish family, Soros survived the Nazi occupation of Hungary and moved to the United Kingdom in 1947. He studied at the London School of Economics and was awarded a BSc in philosophy in 1951, and then a Master of Science degree, also in philosophy, in 1954. Soros began his business career by taking various jobs at merchant banks in the United Kingdom and then the United States, before starting his first hedge fund, Double Eagle, in 1969. Profits from his first fund furnis ...
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Haikou Meilan International Airport (company)
Haikou Meilan International Airport Co., Ltd. is a Chinese company. The company was the developer, owner and operator of the airport of the same name. However, the airport is now operated by the company's subsidiary HNA Infrastructure Co., Ltd. (formerly known as Hainan Meilan Airport). History Haikou Meilan International Airport Co., Ltd. () was incorporated on 25 August 1998 by a consortium of Civil Aviation Administration of China (50%), Hainan Airlines (33.4%) China National Aviation Fuel Group (8.3%) and Hainan International Trust Investment Corporation (8.3%). Initially the company had a share capital of . The company takeover the development of the airport from Haikou Meilan International Airport Corporation (), a subsidiary of Hainan Airport in the same year. In 2000, HNA Group, an associate company of Hainan Airlines, became the controlling shareholder of the airport developer. The company listed some of the assets to the Stock Exchange of Hong Kong as Hainan Meila ...
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