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All the Seven Aviation Projects in the Helicopter Expo Will Settle in Tianjin Port Free Trade Zone

The reporter learned at the site of the helicopter expo yesterday that the 7 aerospace projects that signed agreements on their settlement in Tianjin Port Free Trade Zone involved helicopter repair, helicopter flight training, aircraft lease, and so on.

Among these projects, the civil helicopter repair project will be an enterprise established jointly by three AVIC enterprises and CITIC Offshore Helicopter Co., Ltd. for repair of civil helicopters made in Russia. The AVIC helicopter flight training and technology experience center project will build a helicopter air crew and ground crew training center in Tianjin Port Free Trade Zone. The AVIC international aircraft leasing project will be an aviation related special purpose vehicle (SPV) set by AVIC International Leasing Co., Ltd. in Tianjin Airport Economic Area for aircraft centered financial leasing. The Haite aircraft alteration project will be jointly implemented by Sichuan Haite High-tech Co., Ltd. and Israel Aviation Industry Corporation on development of passenger-to-cargo alteration technologies for B737NG aircrafts, and will be invested and constructed by Tianjin Haite Aircraft Engineering Co., Ltd., a company subordinate to Sichuan Haite. The Huatian aviation series project will include group headquarters and capital operation platform, headquarters of DTW Logistics Group, Tianjin Branch of Okay Airways Co., Ltd., human resource management center of Okay Airways, Okay Xuehang Airfreight project, aviation industry fund, and so on. The aircraft lease project of Hebei Financial Leasing will be an aviation related special purpose vehicle (SPV) set in Tianjin Airport Economic Area to work with Hong Kong Airlines in aircraft centered financial leasing. The north base project of COSCO Air will be a sea and air transport base built by COSCO in North China. Binhai Times (Reported by Hu Miao).

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