Jet fuel trader China Aviation Oil (Singapore) Corporation Ltd on Friday announced that it will be expanding its jet fuel wholesale supply business to include the marketing and supply of jet fuel to airlines.
It has signed jet fuel supply agreements with Hainan Airlines and Turkish Airlines for the supply of jet fuel at international airports outside of China.
'The scale of our airlines jet fuel supply business is currently small. We plan to proactively develop and grow this business by expanding our customer base and supply locations, and also by offering more value-added services to the airlines,' said CEO of the jet fuel trading company Meng Fanqiu.
'We believe we are able to leverage on our strong links with the Chinese airlines and extend the relationships to markets outside the PRC,' he added.
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