Volga-Dnepr Group has signed a framework agreement with Henan Airport Group and Zhongyuan Asset Management in China concerning long-term strategic cooperation between the three parties.

The President of Volga-Dnepr Group, Aleksey Isaikin, said in a statement the deal would result in the creation of a trans-Siberian air bridge.

"The potential advantages of Zhengzhou were obvious to us right from the beginning, notably its advantageous geographical location and the existence of the Zhengzhou Airport Economic Comprehensive Experimental Zone, which boasts a positive development trend. This Experimental Zone is the first and only one in China, and its development is supported by the Chinese government,” he said.

Russia is a key partner in Xi Jinping's One-Belt, One-Road economic development plan.

Volga Dnepr Group currently serves Zhengzhou via its AirBridge Cargo (RU, Ulyanovsk Vostochny) unit which runs a daily B747 freighter service to/from its Moscow Sheremetyevo hub.