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Sinotrans and HNA Aviation Group establish a strategic partnership!

Through this signing, the two parties will open a new chapter of high-quality cooperation and jointly promote the development of the aviation logistics industry.

On October 11, Sinotrans Corporation Limited (hereinafter referred to as Sinotrans) and HNA Aviation Group Co., Ltd. (hereinafter referred to as HNA Aviation Group) signed a strategic cooperation framework agreement in Beijing Sinotrans Building.

Song Rong, Secretary of the Party Committee and General Manager of Sinotrans, Li Shichu, Deputy General Manager and Secretary of the Board of Directors of Sinotrans, Gao Xiang, Deputy General Manager and Chief Digital Officer of Sinotrans, Wu Xueming, Senior Consultant of Sinotrans, Yan Kuixing, President of Fangda Group, Fangda Group Yu Chao, General Manager of the Investment Management Center, Xie Rui, Vice President of HNA Aviation Group and Chairman of Capital Airlines, Hu Mingbo, Vice President of HNA Aviation Group, and Ma Qinghai, Managing Director of the Investment Banking Department of CICC attended the signing ceremony.

Gao Xiang and Hu Mingbo signed a strategic cooperation agreement on behalf of both parties.

According to the agreement, both parties will give full play to their respective resource advantages to carry out all-round strategic cooperation in the fields of strategic investment, equity, transportation capacity, cross-border logistics, supply chain complementarity, security system construction, and development of the airport industry, and jointly provide integration for the whole industry. Air logistics services to achieve win-win cooperation.

Through this signing, the two parties will build a bridge for deepening mutual trust, mutual benefit and win-win results, open a new chapter of deep-level and high-quality cooperation between the two parties, and jointly promote the development of the aviation logistics industry.

Sinotrans is the unified operation platform and unified brand of China Merchants Group’s logistics business. After more than 70 years of development, it has always been at the forefront of the industry.

At present, by integrating water, air, land resources and global service networks, Sinotrans has formed the advantages of sea, land and air comprehensive logistics services and industrialized solution capabilities, providing customers with global, independent controllable, safe and reliable end-to-end solutions. Full-link, multi-category service guarantee.

HNA Aviation Group is controlled by Liaoning Fangda Group, covering the whole business system operation mode of air passenger transportation, air cargo, general aviation, aviation auxiliary industry, etc. It has participated in 23 airlines, and has developed into the fourth largest aviation group in China.

In August 2022, HNA Aviation Group established a cargo company to operate 4 airlines with cargo aircraft operating licenses, including Fortune Wings Airways, Tianjin Cargo Airlines, Hong Kong Cargo Airlines, and MYCARGO Airlines, operating a total of 25 all-cargo aircraft, covering 300 domestic and foreign airlines. There are nearly 1,800 domestic and foreign air routes in many cities and regions, and the network radiates around the world. The business scope covers international and domestic cargo and mail transportation business, aviation ground services, cross-border e-commerce services, comprehensive logistics services, etc.

In 2021, the business scale will exceed 7 billion yuan, and the annual cargo and mail throughput will be about 1 million tons.

As a local enterprise deeply cultivating the Hainan market, HNA Aviation Group stated that it will continue to seize the opportunity of Hainan Free Trade Port construction and contribute to the construction of a powerful civil aviation country in the new era and the construction of Hainan Free Trade Port.