The once defunct aforementioned legal person of the group China National Aviation Corporation (Chinese: 中國航空股份有限公司), was also re-registered in Hong Kong on 31 August 1984 as a foreign company.

China National Aviation Corporation was acted as a "window company" in the British Colony since 1984,[citation needed] even after the handover of Hong Kong back to China, and ceased to do business in Hong Kong 10 years later (on 10 August 2007).

Several subsidiaries were also incorporated in Hong Kong, such as China National Aviation Corporation (Hong Kong) Limited on 4 August 1992[4] and then China National Aviation Corporation (Group) Limited on 13 June 1995 (CNAC (HK) became its subsidiary)[4] and the subsidiary even used a logo similar to China National Aviation Corporation.

CNAC once owned a significant stake in Dragonair and LSG Lufthansa Service Hong Kong.

[13] China National Aviation Holding is the majority owner of several airlines and subsidiaries, including:Airline share ownership and subsidiaries: Other operations: The key trends for the Air China Group are (as of the financial year ending 31 December):[20] As of February 2025[update], the combined fleet of Air China and its subsidiaries consists of the following aircraft:[35]