Air China Limited (-AIRC, Stock Code: 00753), the Beijing-headquartered national flag carrier incorporated in the People's Republic of China, has announced that shareholders voted overwhelmingly in favour of two fleet expansion resolutions at an Extraordinary General Meeting held on 3 November 2026. The EGM, convened at No. 30 Tianzhu Road, Shunyi District, Beijing, approved the introduction of 15 Airbus A350-900 wide-body aircraft for Air China and 40 Airbus A320 series narrow-body aircraft for its subsidiary Shenzhen Airlines. Both resolutions passed with approval rates exceeding 99.9%, signalling strong shareholder confidence in the group's fleet renewal strategy.

Key Points

  • Air China Limited (-AIRC, Stock Code: 00753) is a joint stock limited company incorporated in the People's Republic of China
  • Shareholders approved two fleet introduction resolutions at the EGM held on 3 November 2026 in Beijing
  • Resolution 1 approved 15 Airbus A350-900 aircraft for Air China; Resolution 2 approved 40 Airbus A320 series aircraft for Shenzhen Airlines
  • Investors may watch for further disclosure on delivery schedules, financing arrangements, and capacity deployment plans

EGM Poll Results: Both Fleet Resolutions Pass With Over 99.9% Shareholder Approval

At the EGM, shareholders and authorised proxies holding an aggregate of 13,469,407,658 shares were present out of a total of 20,492,561,030 issued shares as at the meeting date. Resolution 1, covering the introduction of 15 Airbus A350-900 wide-body aircraft by Air China, received votes in favour of 13,462,019,885 shares, representing 99.9452% of votes cast. Resolution 2, covering the introduction of 40 Airbus A320 series narrow-body aircraft by Shenzhen Airlines, was supported by 13,460,260,284 shares, equating to 99.9321% approval. Both resolutions were passed as ordinary resolutions, with KPMG acting as independent scrutineer for the poll-taking process.

Air China and Shenzhen Airlines Fleet Expansion Spans Wide-Body and Narrow-Body Categories

The dual-resolution structure reflects the group's approach to expanding across distinct aircraft categories simultaneously. The 15 Airbus A350-900 wide-body jets are designated for Air China's own operations, a type commonly deployed on long-haul international and trunk domestic routes. The 40 Airbus A320 series aircraft are earmarked for Shenzhen Airlines, Air China's subsidiary serving primarily domestic and regional routes from its Shenzhen base. The announcement references a circular dated 24 September 2026 as the primary governing document for both transactions. The company did not disclose specific delivery timelines, unit costs, or financing structures in this announcement.

Board Attendance and KPMG Scrutineering Confirm Procedural Compliance at Beijing EGM

The EGM was held at 10:00 a.m. at the company's registered address in Shunyi District, Beijing. Five directors — Mr. Qu Guangji, Mr. Lam Siu Por Ronald, Mr. Xiao Peng, Mr. Xu Niansha, and Mr. Gao Chunlei — did not attend due to business commitments, though all remaining directors were present. The announcement confirms that no shareholder was required to abstain from voting under Hong Kong Listing Rules, and no shareholder had indicated an intention to vote against either resolution. Company Secretary Xiao Feng signed the announcement on behalf of the board.