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Air Tianjin Cargo in Tianjin Port Free Trade Zone Receives Additional Capital Investment From Government

A few days ago, HNA Modern Logistics Group and the Management Committee of Tianjin Port Free Trade Zone signed a cooperation framework agreement. According to the agreement, Tianjin municipal government will further support the capital increase of Air Tianjin Cargo to RMB 20 billion. Located in Tianjin Port Free Trade Zone, Air Tianjin Cargo takes North China as its base, takes Tianjin as its transportation center, and makes efforts to expand its air cargo lines to the whole country in this year. The currently planned airline network reaches Urumchi on the north, Shenzhen, Guangzhou and Nanning on the south, Chongqing and Xian on the west, and Shanghai and Hangzhou on the east, covering most logistic and traffic hubs in China and a 4-hour aviation economic circle including East Asia and Southeast Asia. It will build a nationwide air cargo network within a year.

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