Sino Jet and Hainan Airports Form Joint Venture for Low-Altitude Mobility in Free Trade Port
Event summary
- Sino Jet and Hainan Airports' subsidiary signed a joint venture agreement on April 15, 2026 to establish Hainan Low-Altitude Mobility Co., Ltd.
- The partnership aims to develop low-altitude transportation scenarios including urban feeder transport, aerial sightseeing, business shuttles, and cross-sea flights in Hainan Free Trade Port.
- Sino Jet previously completed its first scheduled routes in East China in March 2026 and has a firm order for 50 AE200 eVTOL aircraft from AEROFUGIA signed in 2025.
The big picture
This joint venture represents a strategic move to integrate high-end business aviation with emerging low-altitude mobility solutions. The partnership leverages Sino Jet's experience and Hainan Airports' infrastructure to create a three-dimensional transportation network in the free trade port, aligning with China's national strategy for developing the low-altitude economy.
What we're watching
- Commercialization Pace
- The pace at which Sino Jet can deploy its 50 eVTOL aircraft in Hainan and achieve commercial operations.
- Market Adoption
- How quickly high-end tourists and business travelers will adopt low-altitude transportation services in Hainan.
- Regulatory Environment
- Whether the regulatory framework in Hainan Free Trade Port will support rapid scaling of low-altitude mobility services.
Related topics