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Harbour Air partners with Chinese firm
Vancouver-based Harbour Air has entered into a strategic partnership with Zongshen Industrial Group to export its commuter float plane service to China.
June 18, 2015 By The Vancouver Sun
The deal, which was approved by the Canadian Transportation Agency last week, will see Zongshen’s Tianchen General Aviation Co. own 49 per cent of Harbour Air Group, including 25 per cent of the voting shares. In return, Harbour Air will provide professional consulting to Tianchen, which is working to become the first general aviation company in China providing float-plane service to major cities. As part of the deal, Harbour Air will lend its name to a new airline, Harbour Air China.
The deal could result in the first of eight routes in China starting as early as next year, including service to Zongshen’s home city of Chongqing. In addition, Harbour Air will help train Chinese pilots, of which there is a shortage, in the art of flying seaplanes. It may provide some of its 80 Canadian pilots for the new routes over the short term. | READ MORE
