China’s largest cargo airline operator has chosen Singapore as the base for its international expansion.
Changi Airport Group (CAG) and Shenzhen S.F. Taisen Holding (SF) signed a Memorandum of Understanding (MoU) on April 30, 2026, establishing Singapore’s Changi Airport (SIN) as SF Group’s first overseas hub.
The five-year agreement covers regions including Southeast Asia, South Asia, and Oceania.
What the partnership involves
Under the agreement, SF Group will use Singapore as a launchpad to expand its reach across the Asia Pacific region. The company plans to progressively grow its network at Changi Airport, strengthening connections with major markets in the surrounding regions.
The partnership is designed to capitalize on long-term economic growth in Asia Pacific, particularly the expanding air trade within the region and between Asia and the rest of the world. Both parties will leverage Singapore’s location and Changi’s role as a global consolidation and transshipment hub.
Yam Kum Weng, CAG’s Chief Executive Officer, said the partnership brings together the strengths of both organizations.
“We are delighted that SF Group has selected Changi Airport as its first overseas hub, marking an exciting milestone for both organisations,” Yam said. “This strong partnership brings together the best of both networks and expertise, enabling us to move more high value and time critical goods seamlessly across the Asia Pacific region and beyond.”
SF Group’s expansion strategy
Dick Wong, SF Group’s Chairman, Executive Director and General Manager, described Singapore as a key part of the company’s global growth plans.
“Through deeper cooperation with CAG, SF will further optimize its resources across the Southeast Asia, South Asia and Oceania regions,” Wong said. “Building on Singapore’s strong connectivity and partnership ecosystem, we are committed to providing more competitive cross-border logistics solutions to global customers.”
SF Group is the largest integrated logistics service provider in China and across Asia, and ranks fourth globally.
Its aviation arm, SF Airlines, operates China’s largest cargo airline fleet with more than 90 freighters. The company currently runs daily freighter services between Singapore and Shenzhen.
Strengthening Changi’s cargo ecosystem
The agreement adds to Changi Airport’s position as a major express cargo hub in the region. The airport already hosts regional operations for DHL Express, FedEx Express, and UPS.
With these leading logistics players and now SF Group operating out of Singapore, Changi offers businesses a well-connected express ecosystem for moving goods and documents across Asia Pacific and beyond.
CAG said the partnership will support faster and more secure handling of high-value shipments, while deepening Singapore’s role as an air logistics hub for regional and international supply chains.