Air China (CA, Beijing Capital) has completed its private placement of 3,044,140,030 A-shares priced at CNY6.6 yuan (USD1) each, raising CNY20 billion (USD3 billion) in total. The airline issued 913,242,009 shares to its parent, China National Aviation Holding, and 2,130,898,021 shares to China Aviation Capital Holding. Funds were received on May 22, 2026.