China National Aviation Corporation
The China National Aviation Corporation () was a Chinese airline which was nationalized after the Chinese Communist Party took control in 1949, and merged into the People's Aviation Company of China () in 1952. It was a major airline under the Nationalist government of China. It was headquartered in Shanghai as of 1938. History On 5 April 1929 the Executive Yuan of the Nationalist government of China based in Nanjing established the Chinese National Aviation Corporation, a state owned company with an authorized capital of ten million yuan. Sun Fo, Minister of Railways and son of Sun Yat Sen served as its first chairman although the real power lay with the Minister of Communications, Wang Boqun. Two weeks later on 17 April, the Nationalists entered into a service contract with an American firm, Aviation Exploration Inc which was to establish air routes between a few of the major treaty ports and manage all operations. Aviation Exploration Inc was a personal holding company of the U.S. aviation magnate Clement Melville Keys who at the same time was the president of Curtiss-Wright and a few other aviation firms. In June 1929, Keys set up China Airways Federal to manage the new airmail