held by Yu Ming Investments, which was to be injected into its new airline holding company Grand China Air. Two months later, Mung Kin-keung () acquired the remaining 55 percent of the airline and became the controlling shareholder on 7 August; and its director on 13 August. Mung's previous main business interest had been a 30 percent holding in Banana Leaf (Asia Pacific) Catering Group Company Ltd, a restaurant operator. On 22 September 2006, CR Airways Ltd officially changed its name to Hong Kong Airlines Ltd, with a launch ceremony on 28 November 2006. The airline also introduced a new logo, which represents a bauhinia flower, the symbol of Hong Kong where the airline is anchored. The airline made the biggest aircraft order in its young history on 21 June 2007, by ordering 51 narrow- and wide-body aircraft from European plane maker, Airbus, at an estimated value of US$5.6 billion. The airline's IATA code was changed from N8 to HX on 27 May 2007. On 24 October 2008, in preparation for the arrival of the Airbus A330-200 wide-body aircraft, the airline announced plans to adjust personnel and fleet composition. The new aircraft were to provide medium haul passenger and cargo services to the Middle East and Australia. 2010–2012: Growth and expansion On 8 June 2010, Hong Kong Airlines completed their flight certification from Hong Kong to Beijing, earning an Air Operator's Certificate for the Airbus A330 operations from the Hong Kong Civil Aviation Department. Scheduled flights to Moscow were launched later that month. In September 2010, the airline introduced its first Airbus A330F cargo freighter, on a route from Hong Kong to Hangzhou. It officially joined the IATA the next month. In 2011, Hong Kong Airlines was awarded a 4-star rating by Skytrax. Passenger traffic exceeded one million passengers serving 19 destinations. On 8 March 2012, the airline launched daily flights from Hong Kong to London Gatwick airport with an Airbus A330-200 aircraft. It operated as an all Club Class service, featuring 34 "Club Premier" (business class lie-flat beds) and 82 "Club Classic" (cradle style recliner business class) seats, the service lasted only six months. 2012–2016: Repositioning In 2013, Hong Kong Airlines concluded a system-wide strategy review to determine its priority routes for the immediate future with key focus areas on the Asia Pacific region during this period. One new route was established when the Hong Kong-Maldives service was inaugurated.