Air China Names New President as Long-Serving Executive Retires

An announcement from Air China ( (HK:0753) ) is now available.

Air China announced that President, Vice Chairman and executive director Wang Mingyuan has retired, stepping down from all his board and aviation safety committee roles with immediate effect, with the board noting there are no outstanding disputes linked to his departure. The company credited Wang for his contribution and moved quickly to fill the leadership gap, underscoring an orderly succession at the top of the carrier.

The board has appointed Qu Guangji as President effective 5 March 2026 and is proposing his election as executive director and Vice Chairman, subject to shareholder approval at an upcoming meeting. Qu, an economist with senior management experience at China Southern Airlines and China National Aviation Holding, will serve without additional director or president remuneration, signaling continuity within China’s state aviation leadership and a potentially smoother strategic alignment across the country’s major airlines.

The most recent analyst rating on (HK:0753) stock is a Hold with a HK$7.00 price target. To see the full list of analyst forecasts on Air China stock, see the HK:0753 Stock Forecast page.

More about Air China

Air China Limited is a leading Chinese airline operating passenger and cargo air services, with its shares listed in Hong Kong under stock code 00753. As a flagship carrier of the People’s Republic of China, the company plays a key role in the national aviation sector and competes in both domestic and international markets.

Average Trading Volume: 25,551,949

Technical Sentiment Signal: Buy

Current Market Cap: HK$141.3B

For an in-depth examination of 0753 stock, go to TipRanks’ Overview page.