Group 1 - The establishment of a joint venture company, Nantong New Airport Construction Investment Co., Ltd., is aimed at operating the Nantong New Airport, which is referred to as "Shanghai's Third Airport" [1] - Shanghai Airport Group holds a 51% stake in the joint venture, while Nantong Urban Construction Group holds 49%, indicating Shanghai's leading role in the project [1] - The Civil Aviation Administration approved the site selection for Nantong New Airport in September 2020, with the chosen site located in Tongzhou District [1] Group 2 - Major airlines, including Air China, China Eastern Airlines, and China Southern Airlines, are proactively planning for operations at Nantong New Airport, recognizing the local passenger potential and the airport's role in accommodating overflow from Shanghai [2]

Group 1 - The newly established company, Nantong New Airport Construction Investment Co., Ltd., is primarily engaged in civil airport operations and construction, with Shanghai Airport Group holding a 51% stake and Nantong Urban Construction Group holding 49% [1] - The Nantong New Airport is referred to as the "third airport of Shanghai," indicating that it is primarily led by Shanghai Airport, as evidenced by the joint venture's name and ownership structure [2] - The airport is positioned to enhance Shanghai's international aviation hub status, with the official confirmation of a cooperation agreement between Shanghai Airport Group and Nantong city government [2][4] Group 2 - The Nantong New Airport is planned to have two long-distance runways and a terminal capable of handling 40 million passengers annually, with future expansion to accommodate up to 80 million passengers [4] - Major airlines, including Air China, China Eastern Airlines, and China Southern Airlines, are proactively preparing for operations at Nantong New Airport, recognizing both local passenger potential and overflow from Shanghai [4] - The development of transportation networks connecting Nantong New Airport with existing Shanghai airports is crucial for its success, as highlighted by the approval of new high-speed rail projects [3][4] Group 3 - The Yangtze River Delta region has a high density of airports, with seven airports already handling over 10 million passengers annually, necessitating collaborative development to avoid redundancy and optimize resources [5] - The Eastern Airport Group has been formed to consolidate regional airports, although Nantong Xingdong Airport and Su Nan Suofang Airport are not included in this group [5] - The regional aviation strategy emphasizes the need for a well-coordinated airport system to enhance international competitiveness, with Nantong New Airport playing a key role in this framework [5]