The Tianjin Airlines Company, funded by Tianjin Port Free Trade Zone, HNA Group, and Hainan Airlines Company, has been approved by Civil Aviation Administration of China and will open soon as the first local airline company in Tianjin.
Tianjin Airlines, with a registered capital of CNY1.3 billion, is headquartered in Tianjin Binhai International Airport. The company is expected to have a fleet of over 100 aircraft, operate more than 500 routes to over 100 cities and to offer 200,000 flights each year by 2012. Tianjin Airlines will launch international and regional routes in due course.
Tianjin Airlines has launched a competition for a logo and slogans to promote the company and to enhance brand awareness.
HNA Group and Tianjin municipal government have signed a framework agreement of strategic cooperation on air transportation, cargo and logistics, financial leasing and aviation maintenance.