05 Oct 2020

China Aviation Industry Newsletter 5 October

BOC Aviation Announces Change Of Chief Financial Officer BOC Aviation announced that Mr. Steven Townend has commenced the role of Deputy Managing Director and Chief Financial Officer with effect from 1st October. In his new role, he oversees the Finance, Treasury, Tax, Risk and Settlement Departments. Robert Martin, Managing Director and Chief Executive Officer, BOC Aviation, said “We are delighted to welcome Steven back to our Singapore office. Having been with the Company for 19 years, Steven brings with him a wealth of knowledge and experience in the finance industry and in our business which will contribute to his new role as Chief Financial Officer.” CDB Aviation Hires Cronan Enright as Head of Strategy CDB Aviation announced the addition of Cronan Enright to its Dublin-based executive team in the newly created position of Head of Strategy, reporting to Chief Investment Officer Craig Segor. CDB Aviation Chief Investment Officer Craig Segor said “I am very excited to have Cronan joining our dynamic team and bringing his wealth of experience and expertise, gained in the vital nexus between growth strategy, aircraft leasing, portfolio strategy, and aircraft marketing.” IAI Delivers First Converted B737-700 Cargo Aircraft to Tianjin Cargo Airlines in China IAI's Aviation Group has delivered the first Passenger-to-Cargo converted Boeing 737-700 to Chinese airline - Tianjin Cargo Airlines, which will become the first operator of this type of aircraft in China. The conversion work was carried out at the Tianjin MRO site, under a partnership agreement with IAI and Haite Group for developing the B737-700 and B737-800 STC. The rise of e-commerce and the resulting higher demand for cargo aircraft, together with the effects of the COVID-19 pandemic, cargo aircraft have become the lifeblood of the Chinese economy United Airlines Resumes Nonstop Service Between San Francisco and Shanghai United Airlines announced it will start nonstop service to China four-times weekly between San Francisco and Shanghai's Pudong International Airport. Beginning Oct. 21, 2020, United will operate four weekly nonstop flights with Boeing 777-300ER aircraft from San Francisco to Shanghai on Wednesdays, Fridays, Saturdays and Sundays. Acumen Aviation © 5 October 2020 All Rights Reserved.