PRESSR: Menzies Aviation acquires 50% stake in Jardine Aviation Services Group in Hong Kong
Summary
Menzies recognises the strength and experience of the JASG team and will be looking to further support staff development as the company builds its presence in Hong Kong and expands across the region.Menzies has long-standing relationships as a trusted partner across the region. It also has operations at three airports in Indonesia and, more recently, entered Malaysia.Vivien Lau, CEO, JASG, said, We see tremendous potential for our employees under Menzies stewardship. The integration enables us to broaden our footprint in Hong Kong, the Greater Bay Area and China as we build a collaborative relationship with CNAC, fostering mutual growth and success. We look forward to welcoming JASG employees to Menzies, their experience will be invaluable as we support the growth and expansion of Hong Kongs aviation sector.The transfer of ownership has been agreed to by China National Aviation Corporation (Group) Limited, which will remain a co-owner of the business alongside Menzies. You expressly agree that your use of the information within this article is at your sole risk.To the fullest extent permitted by applicable law, this website, its parent company, its subsidiaries, its affiliates and the respective shareholders, directors, officers, employees, agents, advertisers, content providers and licensors will not be liable (jointly or severally) to you for any direct, indirect, consequential, special, incidental, punitive or exemplary damages, including without limitation, lost profits, lost savings and lost revenues, whether in negligence, tort, contract or any other theory of liability, even if the parties have been advised of the possibility or could have foreseen any such damages.