Air BP and China National Aviation Fuel Group (CNAF) have signed a joint venture agreement to operate a general aviation fuel business in Southwest China, covering 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.
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.Email Post to a Friend