It's being reported Hainan Airlines is considering buying air cargo handler Swissport International.
The offer is said to be around 2.8-billion US dollars.
Hainan Airline's parent company is reportedly getting its financing for the deal through an European private equity firm.
Swissport currently operates in 48 countries, handling over 4 million tons of cargo annual.
Reports say Hainan Airlines expects the deal to close later this year.