无码中文字幕一Av王,91亚洲精品无码,日韩人妻有码精品专区,911亚洲精选国产青草衣衣衣

USEUROPEAFRICAASIA 中文雙語Fran?ais
Business
Home / Business / Companies

China Aviation Oil to fuel Air China

Xinhua | Updated: 2013-03-20 11:22

SINGAPORE -- China Aviation Oil (Singapore) Corporation Ltd (CAO), the major physical jet fuel trader in the Asia Pacific region, said on Tuesday that it had got contracts to supply aviation fuel to Air China in international airports of London, Madrid and Los Angeles.

According to the company's announcement handed to the bourse, the CAO itself will supply fuel at Madrid International Airport, while its subsidiaries in the US and Hong Kong will respectively supply fuel at Los Angeles International Airport and London Heathrow Airport.

The contracts will all start on April 1 this year, and will expire in 18 months' time. "The aggregate contractual volume for the expected term is approximately 120,000 metric tons", the company added.

The company said the contracts represent another breakthrough in expanding its aviation fuel marketing business. Madrid is a new supply location for the company, while it's also the first time to get the contract with Air China in Los Angeles, where the company will be able to provide aviation fuel to all three major Chinese airlines, namely Air China, China Southern and China Eastern.

The company's aviation fuel supply volume has jumped approximately 36 times over 2011 to about 750,000 tons in 2012.

Th CAO registered a net profit of $66.2 million in financial year 2012 ended on December 31, a slight growth of 4.4 percent on year.

It unveiled its 2020 corporate strategy at the end of last month. CAO is said to be "a top-tier global integrated transportation fuels provider," aiming to expand its geographical focus from current Asia Pacific region to the whole world.

Besides, it will also target twofold increase in volumes and profits by 2020 compared with the year of 2012.

Most Viewed in 24 Hours
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US