Emirates, Chinese airport group build strategic partnership
Monday, 30 July 2007
FE Report
Dnata, the ground-handling arm of Dubai's Emirates Group, has recently signed a joint venture agreement with China West Airport Group (CWAG) to provide airport ground handling services at Xi'an Xianyang International Airport (XXIA).
Dnata and Associated Companies President Gary Chapman and CWAG President He Xikui signed the agreement in Singapore.
Under the joint venture agreement, Dnata will hold a 45 per cent stake in Xi'an Dnata Aviation Services Company Limited, with the remaining 55 per cent owned by CWAG. The joint venture has a 15-year tenure providing airport ground handling services at XXIA. The joint venture company will also be allowed to participate in operations at ten other smaller airports, managed by CWAG.
Having established extensive operations in the Middle East region, Dnata is making inroads into the ground handling business in Asia Pacific with operations in Singapore, the Philippines, Pakistan and Australia.
Changi International Airport Services Pte Ltd (CIAS), Dnata's wholly-owned subsidiary in Singapore, will provide management support services to the new joint venture with a senior management staffer as general manager.
Dnata, the ground-handling arm of Dubai's Emirates Group, has recently signed a joint venture agreement with China West Airport Group (CWAG) to provide airport ground handling services at Xi'an Xianyang International Airport (XXIA).
Dnata and Associated Companies President Gary Chapman and CWAG President He Xikui signed the agreement in Singapore.
Under the joint venture agreement, Dnata will hold a 45 per cent stake in Xi'an Dnata Aviation Services Company Limited, with the remaining 55 per cent owned by CWAG. The joint venture has a 15-year tenure providing airport ground handling services at XXIA. The joint venture company will also be allowed to participate in operations at ten other smaller airports, managed by CWAG.
Having established extensive operations in the Middle East region, Dnata is making inroads into the ground handling business in Asia Pacific with operations in Singapore, the Philippines, Pakistan and Australia.
Changi International Airport Services Pte Ltd (CIAS), Dnata's wholly-owned subsidiary in Singapore, will provide management support services to the new joint venture with a senior management staffer as general manager.