Songjiang government and Xiamen Air signed a strategic cooperation agreement on Sunday to facilitate the settlement of the airliner’s East China headquarters in the G60 Sci-tech Corridor.
District Party Secretary Cheng Xiangmin and Deputy District Director Chen Xiaofeng attended the signing ceremony.
According to the agreement, Xiamen Air will register a Shanghai branch in Songjiang to further expand its market. Meanwhile, it will also build an operation security base and an aviation industrial park in the city, integrating air R&D, information, finance and a series of other services.
The agreement will boost the district’s economic strengths by introducing major projects and direct investment. Also, the district government will support the enterprise with matching policies.
Xiamen Air was founded in 1984 and it is China’s first airliner run as a modern enterprise. It now operates 220 domestic routes and 30 international routes with a large fleet of Boeing aircrafts.