No.205

JuneYao Airlines Signed a Strategic Agreement with Shanghai Airport Authority
ReleaseDate: 2014-05-08

The signing ceremony of the Strategic Cooperation Framework Agreement between JuneYao Airlines and Shanghai Airport Authority was recently launched at the clubhouse on the 32nd floor of JuneYao International Plaza. President Zhao Hongliang of JuneYao Airlines and President Jing Yiming of Shanghai Airport Authority signed the agreement on behalf of the two sides. Major leaders from the two sides including Wang Junjin, Chairman of the Board of JuneYao Group and JuneYao Airlines, and Li Derun, Chairman of the Board of Shanghai Airport Authority, attended and witnessed the ceremony.

According to the Agreement, JuneYao Airlines and Shanghai Airport Authority will conduct strategic cooperation in the construction of the Shanghai Aviation Hub, etc. and create a sustainable strategic win-win partnership through cooperation in six key aspects, two cooperation mechanisms and six cooperation implementation plans to promote the development of Shanghai’s aviation market and serve for the economic construction of Shanghai and the Yangtze River Delta region.

It’s learned that JuneYao Airlines has held a share of about 10% in the aviation market in its base of Shanghai and will further strengthen its cooperation with Shanghai Airport Authority to increase the density of Shanghai’s airline networks, promote the improvement of the airline networks of Shanghai Hongqiao Airport and Shanghai Pudong Airport and realize a flexible conversion between international and domestic airline networks.