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Air Tianjin Cargo Co., Ltd. in Tianjin Port Free Trade Zone Expected to Start Formal Operation in Next March

ĦĦĦĦDaily News (reported by Zhang Qi). Yesterday, projects of HNA Modern Logistics (a company subordinate to Hainan Airlines) in Tianjin, respectively Air Tianjin Cargo Co., Ltd. (Ħ°Air Tianjin CargoĦħ) and Tianjin Bohai Modern Logistics Co., Ltd., were formally established, and the Logistics 4.0 Digital Online Platform named Ħ°HaipingxianĦħ developed by Hainan Airlines to deepen the transformation was launched.

ĦĦĦĦAir Tianjin Cargo obtained the formal approval for establishment from Civil Aviation Administration of China on October 31 this year, and is expected to start formal operation in next March. Taking the objective of building Ħ°UPS of ChinaĦħ, Air Tianjin Cargo plans to maintain 200 cargo airplanes by 2022, to form a transport network centered by Tianjin, supported by logistic centers in Shanghai, XiĦŻan, Ningbo, Guangzhou and Urumchi, directly accessible from key regional hub airports throughout the country and covering ground logistic circles in China, and to quickly explore international lines. It will also work with affiliates of Hainan Airlines in Tianjin, such as Tianjin Huayu, a company focusing on ground services for aviation logistics and cross-border e-commerce, Northern Petroleum, a leading enterprise in the field of petroleum product warehousing and logistics, and HNA Cold Chain, to build a logistic network consisting of international air transport and ground transport of cargos.

ĦĦĦĦAs another important carrier of project operation of Hainan Airlines in Tianjin, Tianjin Bohai Modern Logistics Co., Ltd. was also formally opened yesterday. This company completed industrial and commercial registration in Tianjin Pilot Free Trade Zone on Dec. 26, 2017, and is positioned as an upstream and downstream integrated platform management company engaged in air cargo, ground logistics and cold chain transport. Hainan Airlines established Bohai Modern Logistics in Tianjin in order to connect the global air lines and ground terminals through Tianjin, to provide customers with one-stop logistic services, to realize global quick delivery of cargos, and to comprehensively help Tianjin build an international air transport core area in North China.

ĦĦĦĦIn the Implementation Opinions on Promoting the Coordinated Development of Civil Aviation in Beijing, Tianjin and Hebei issued recently by National Development and Reform Commission and Civil Aviation Administration of China, it is stated to build Tianjin to an international air logistics center in China by 2030. It is especially important for Tianjin to take the airport and the seaport as the core, to quicken the construction of the marine and land transport channels, and to quicken the traffic integration of Beijing, Tianjin and Hebei.

ĦĦĦĦĦ°Air Tianjin Cargo will help to build an international air transport and ground transport network, to realize combination of air, land and sea transport, and to build a three-dimension logistic ecosystem connecting all major areas in the world and covering the whole country. At the same time, we will set a logistics industrial fund with a scale of hundred billion or above, provide supports for airplane introduction, strategic resource access and global expansion, and make efforts to build Air Tianjin Cargo to a UPS of China,Ħħ said Zhang Weiliang, chairman and CEO of HNA Modern Logistics Group.

ĦĦĦĦIn recent years, Hainan Airlines was devoted to interconnection of facilities and clearance of trading channels, and set global investment layout centered by the three pillar industries of aviation tourism, modern logistics and modern financial services. As an important transportation hub in North China, Tianjin was always a key target area of investment of Hainan Airlines. Up to December 2017, Hainan Airlines had nearly RMB 290 billion of assets, accumulative income of nearly RMB 360 billion and nearly 10,000 employees in total in Tianjin. Aviation and logistics related enterprises controlled by Hainan Airlines, such as Tianjin Airlines, Tianjin Huayu, Northern Petroleum and Bohai Capital, have been operating in Tianjin for many years.

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