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Air China Shareholders Back New Director and Major A320NEO Fleet Expansion

Story Highlights
  • Air China shareholders overwhelmingly approved all ordinary resolutions at the March 25 extraordinary general meeting, confirming strong investor support.
  • Investors backed Qu Guangji’s election as executive director and the purchase of 60 A320NEO aircraft, reinforcing leadership and fleet modernization plans.
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The latest announcement is out from Air China ( (HK:0753) ).

Air China’s shareholders approved all resolutions at an extraordinary general meeting held in Beijing on 25 March 2026, with more than 12.5 billion shares represented and no share classes required to abstain under Hong Kong Listing Rules. The poll confirmed strong shareholder support, with all ordinary resolutions passed by wide margins and voting procedures overseen by KPMG as scrutineer.

Investors backed the election of Qu Guangji as an executive director, consolidating the company’s senior leadership structure. Shareholders also approved the introduction of 60 Airbus A320NEO series aircraft, a fleet expansion that signals continued capacity growth and modernization, with implications for Air China’s competitiveness and operational efficiency in regional and medium-haul markets.

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 major Chinese airline operating as a joint stock limited company incorporated in the People’s Republic of China. Listed in Hong Kong under stock code 00753, it provides passenger and cargo air transport services and is a key carrier in the mainland Chinese and international aviation markets.

Average Trading Volume: 30,398,507

Technical Sentiment Signal: Strong Sell

Current Market Cap: HK$115.3B

See more data about 0753 stock on TipRanks’ Stock Analysis page.

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