Mainland controlled firm wins fueling contract at HKIA

Will provide the service for 10 years beginning 2015.

China Aviation Oil (Singapore) Corporation Ltd or CAO said its new Hong Kong joint venture company had won the tender to provide into-plane fuelling services at Hong Kong International Airport.

CNAF Hong Kong Refuelling Ltd, the JV, has an initial issued share capital of US$1.29 million. CAO is 51% owned by the Chinese government and is the sole supplier of imported jet fuel to the civil aviation industry of China. It accounts for over 90% of China’s jet fuel imports.

Under the terms of the agreement with HKIA, CNAF will provide fuelling and defuelling services for aircraft at the HKIA for a term of 10 years. CNAF will also build or develop facilities to provide these services, including an administration building for the accommodation of staff and operations control.

CAO said the JV will begin operations in 2015. CNAF will be the third company to provide into-plane fuelling services at HKIA.

HKIA handled 56.5 million passenger movements, 4.03 million tonnes of cargoes and about 1,000 daily aircraft movements in 2012.