Qingdao International Airport Group Company Limited has signed a cooperation memo with Fraport AG concerning airport management, logistics services, and new routes.
In 2007, the number of passenger flowing through Qingdao Airport exceeded 7 million and reached 7.87 million with a growth rate of 15.9%, a twofold increase in three years. The volume of cargo transported was 116,000 tons, 14.3% higher than previous year. Fraport AG said Qingdao Airport's fast growth is very impressive. Following its renovation the airport is the first 4E level airport in Shandong province.
At present, Qingdao Airport has a total of 78 domestic routes, and 13 international and regional routes, to 48 cities in China and eight across the world. There are more than 1,600 weekly flights at the airport. Over the next five years Qingdao Airport will focus on building a second runway, a maintenance area, a business service area, and a logistics area. Fraport AG said that Qingdao Airport with its strong flight network has advantages when opening new international routes.