Jingdong Polymerization Application License: Get approved to introduce 3 planes, or become another freight airline company

Jiangsu Jingdong Freight Airlines Co., Ltd. (hereinafter referred to as "Jingdong Cargo") public aviation transportation enterprises have submitted applications. Successfully, Jingdong Freight will become another freight airline company.

On June 10, Jingdong Periodment submitted an application for approval to the Civil Aviation Jiangsu Supervision Bureau. The Civil Aviation Jiangsu Regulatory Bureau was commissioned by the Civil Aviation East China Regional Administration and accepted the CCAR-121 CCAR-121 in Jiangsu Jingdong Freight and Airlines. The application.

According to the official website of the Civil Aviation Administration of China, after the official operation, Jingdong Cargo Airlines will operate the base airport as the main operating base airport to operate domestic and international aviation shipping transportation business. The Civil Aviation Administration has approved it to introduce 3 B737 cargo planes, and is equipped with 14 flight personnel, 42 maintenance personnel, 18 signed persons, and 7 transport personnel.

JD.com's registered funds of 600 million yuan, of which Suqian Jingdong Zhanrui Enterprise Management Co., Ltd. holds 75%, and Nantong Airport Group Co., Ltd. holds 25%. As early as 2018, JD Group and Nantong Municipal Government signed a strategic cooperation framework agreement to settle JD Logistics Global Aviation Freight Hub in Nantong.

From the application license to the plane on the heavens, when can Jingdong Shipping Airlines fly for the first time? The Hongxing Capital Bureau contacted JD Logistics and has not received a reply as of press time.

On June 16, the civil aviation practitioner Lin Zhijie analyzed the Red Star Capital Bureau that the process was about a few months and it was more than a year. The cost of introducing aircraft and personnel of JD.com is hundreds of millions of yuan. Enterprises should not be less than 3 purchases or leases and meet the relevant requirements.

The investment of hundreds of millions of yuan will supplement the business territory of Jingdong Logistics (02618.HK). JD Logistics Annual Report 2021 shows that in addition to its own infrastructure, it cooperates with strategic partners in the fields of land transportation, sea transportation, and air transportation through symbiotic methods to expand its network coverage and increase flexibility. As of the end of 2021, JD Logistics exceeded 1,000 air freight routes covered in China, of which 10 cargo aircraft routes were all over the country; freight routes operated overseas include the United States, Canada, Europe, and Southeast Asia. Southeast Asia, China to Britain's full cargo aircraft routes.

Lin Zhijie told the Red Star Capital Bureau that it must be achieved by aviation logistics today. His analysis believes that compared with SF, which is mainly based on high -value parts such as documents and business expressware, JD.com’s core business is not at air freight, because its main logistics demand is mainly e -commerce. Floor transportation, especially JD Logistics, has built a ground logistics network with the first Asian warehouse as the backbone. Through predictive needs and pre -dialing, it has been able to achieve fast transportation time limit. " JD Logistics reported in 2021 that it focuses on six major industries including fast consumer goods, home appliance furniture, clothing, 3C, automobiles and fresh freshness.

At present, the cost of JD.com is not necessarily cheaper than the previous purchase of services from JD.com. Lin Zhijie explained that airlines depend on the scale economy. At the beginning of 5 or 10 aircraft, it may not cover costs. JD.com's own settlement of freight airlines is to be controlled and controlled by the entire logistics system. The airlifting gap that supplements the airlift can launch more new products and new businesses in the future, or sell freight airline capabilities to make money.

Red Star Journalist Yu Yao Intern Reporter Cheng Luyang

Editor Ren Zhijiang

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