| Regal International Airport Group | |
| Type: | public |
| Industry: | Transport |
| Hq Location: | Meilan Airport |
| Hq Location City: | Haikou, Hainan |
| Hq Location Country: | China |
| Services: | airport operator |
| Revenue Year: | 2015 |
| Income Year: | 2015 |
| Net Income Year: | 2015 |
| Assets Year: | 2015 |
| Equity Year: | 2015 |
| Parent: | Haikou Meilan International Airport |
| Footnotes: | in consolidated financial statement[1] |
Regal International Airport Group Co., Ltd. is a Chinese listed company based in Meilan Airport, Haikou. The company is 50.19% owned by Haikou Meilan International Airport Co., Ltd., a company related to Hainan Airlines, Grand China Air, HNA Infrastructure Investment Group, HNA Group, and China Development Bank.
Regal International Airport Group was formerly known as HNA Infrastructure Co., Ltd. and Hainan Meilan Airport Co., Ltd. .
HNA Infrastructure is the operator of Haikou Meilan International Airport.
On 30 December 2016 HNA Infrastructure announced a recapitalization and a plan to acquire the runway of Meilan Airport from the parent company in an all-share deal; sister company HNA Infrastructure Investment Group would be introduced as minority shareholder.[2] In July 2017, it was announced that the company would develop the airport into an aviation hub and a duty-free shopping paradise.[3]
On 9 July 2018, it was approved by the extraordinary general meeting that the company would renamed to Regal International Airport Group Co., Ltd. .[4]
As at 13 October 2016, the shareholders of Haikou Meilan International Airport were HNA Airport Group, an indirect subsidiary of HNA Infrastructure Investment Group[6] [7] (19.58%), state-owned bank China Development Bank (18.88%), state-owned company Hainan Development Holdings (16.65%), a private company (14.99%), a subsidiary of HNA Group (11.9%), listed company Hainan Airlines (7.88%), another private company based in Yangpu (4.78%), listed company China Southern Airlines (3.21%) and China National Aviation Fuel Supply a joint venture of China National Aviation Fuel Group, Sinopec Marketing and PetroChina Marketing (2.08%).[8]
Haikou Meilan International Airport Co., Ltd. itself owned 7.08% shares of Hainan Airlines as the third largest shareholder as cross ownership.[9] The largest shareholder of Hainan Airlines is Grand China Air for 35.34% shares,[10] which HNA Group is the second largest shareholder of Grand China Air for 23.11% stake.[11] (Haikou Meilan International Airport owned 8.30% stake of Grand China Air as the fourth largest shareholder) HNA Group owned 4.88% shares of Hainan Airlines directly and an additional 4.25% held by subsidiary Changjiang Leasing;[10] the largest shareholder of Grand China Air was Hainan Development Holdings for 24.97% stake.[9] Hainan Development Holdings is a wholly owned subsidiary of .[9] [12]