GCAT (Hainan Group) and STTS sign MoU

May 23, 2011, Haikou (China)
GCAT (Grand China Aviation Technik), HNA group (Hainan Airlines) and STTS Group have signed a MoU to develop a Joint Venture responsible for all the painting activities of Hainan Airlines. Hainan Airlines currently has almost 200 aircraft and forecasts its fleet to grow to 450 by 2015.
David Soulage and Wu Hui, Head of STTS Group operations in China, said: “Our goal is that this JV will deliver the highest standard of quality and downtime, and shall start to operate in January 2012. We also expect further business opportunities to arise as a result of GCAT developments in Xian and North China”.
Published 06/01/2011

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