50 SKY SHADES - World aviation news

Fast-growing Chinese aviation market welcomes expanded partnership - Air BP and CNAF

Download: Printable PDF Date: 24 Jun 2019 05:11 category:
Publisher:
Fast-growing Chinese aviation market welcomes expanded partnership - Air BP and CNAF  - Business aviation publisher
Dana Ermolenko
Country: China Aircraft: Airplanes

A joint venture agreement to operate a general aviation fuel business in Southwest China was signed between Air BP and China National Aviation Fuel Group (CNAF). It will cover Sichuan Province, Guizhou Province and Chongqing Municipality. 

The agreement was signed by Alan Wilson, China strategic project director of Air BP and Shi Haiping, executive director of CNAF GA Development Company Ltd and witnessed by Jon Platt, CEO Air BP, Xiaoping Yang, BP China chairman and president, Zhou Qiang, Chairman of CNAF and Xi Zhengping, General Manager of CNAF.

Subject to regulatory approvals, the joint venture, CNAF Air BP General Aviation Fuel Company, intends to support the growth and development of China’s general aviation sector – civil aviation other than commercial air transportation – with the intention to expand the scope further in future.

The Chinese general aviation sector has seen rapid growth in recent years and this is expected to continue. China's government has said that by 2020 it expects general aviation in China will reach two million hours flown and the fleet size will exceed 5,000 aircraft. 

“We are delighted to extend our existing successful partnership with CNAF from commercial aviation into general aviation,” said Jon Platt, CEO Air BP. “Combining Air BP’s globally renowned global aviation fuels, best practices and innovative fuelling technologies with CNAF’s strong presence and local expertise, we look forward to jointly contributing to the sustainable development of China’s aviation industry over the long term.” 

Zhou Qiang, Chairman of CNAF, said, “Although China's general aviation is still in its early stage, we are confident that it will grow into a towering tree and become the two wings of China's aviation industry together with commercial aviation. The cooperation between CNAF and Air BP will support the development of China's general aviation industry.”

Air BP has been a long-term partner, in China’s commercial aviation sector, with CNAF through its Shenzhen Chengyuan Aviation Oil Co., Ltd. and South China Bluesky Aviation Oil Co. Ltd joint ventures. The two joint ventures currently supply aviation fuel to 29 airports in central and southern China.  

“This newly-signed joint venture agreement not only underlines BP’s continued confidence and commitment in the Chinese market, but also reaffirms our dedication to support the transformation of China’s industry through innovation and growth,” added Xiaoping Yang, BP China chairman and president.



Loading comments for Fast-growing Chinese aviation market welcomes expanded partnership - Air BP and CNAF ...


Recommended

Diamond awards exclusive dealership to Lifestyle Aviation for 24 U.S. States

Diamond Aircraft has selected LifeStyle Aviation to be their exclusive sales representative for 24 U.S. states. This announcement makes LifeStyle Aviation the latest Diamond Dealer in the United State...

Air Race E expands with New Electric Race Classes

Following the success of its first race class, Air Race E, the electric air race, has announced it is launching two new distinct race classes: one an airplane and the other a VTOL . The move to amplif...

Flyschool Air Academy renews its confidence in ALSIM with a second AL250

Flyschool Air Academy in Spain renews its confidence in ALSIM in acquiring a second AL250 simulator for its new base in Mallorca.The AL250 simulator addresses initial phase training needs (PPL, CPL, I...

For the 4th consecutive year the most delivered aircraft in its class - HondaJet

Based on data provided by the General Aviation Manufacturers Association, HondaJet was the most delivered aircraft in its class for the fourth consecutive year. During 2020, Honda Aircraft Compan...