Secretary for Transport and Logistics of Hong Kong: Give full play to Hong Kong’s advantages to help domestic aircraft develop international markets

China News Service, Hong Kong, November 7 (Reporter Dai Xiaolu) China Aircraft Leasing Group Holdings Co., Ltd. (referred to as "CALC") held the "CALC Twenty Years·Aviation Industry Seminar and Exchange Reception" in Hong Kong on the 6th. Mabel Chan, Secretary for Transport and Logistics of the Hong Kong SAR Government, said at the event that Hong Kong should give full play to its advantages as a "super contact person" and "super value-added person" to help domestic aircraft expand into the international market.

On November 6, China Aircraft Leasing Group Holdings Co., Ltd. held the "CALC 20 Years Aviation Industry Seminar and Exchange Reception" in Hong Kong. Mabel Chan, Secretary for Transport and Logistics of the Hong Kong SAR Government, said at the event that Hong Kong should give full play to its advantages as a "super contact person" and "super value-added person" to help domestic aircraft expand into the international market. (Photo courtesy of the organizer)

Chen Meibao said that this forum was held at a critical node in the development of Hong Kong's aviation industry. With the support of the country’s “15th Five-Year Plan” and the “Outline Development Plan for the Guangdong-Hong Kong-Macao Greater Bay Area”, Hong Kong’s strategic status as an international aviation hub has been further enhanced. With the official launch of the convenient transit service of "mainland-branch connections, full network connection", Hong Kong has further strengthened its role as an important gateway connecting mainland China and the international market, and has played a more important hub function in the country's dual-circulation development pattern. The global aviation industry is welcome to deepen cooperation with Hong Kong and jointly seize new opportunities for aviation development.

Pan Haowen, Executive Director and CEO of CALC, said that the company started in Hong Kong 20 years ago and has now developed into a leading international aviation asset management platform with total assets exceeding HK$63 billion, a fleet of 298 aircraft, and order services covering 42 airlines in 21 countries and regions. As the industry's value center shifts to the aviation aftermarket, companies will accelerate their upgrade from aircraft lessors to aviation asset management platforms, strengthen their aircraft lifecycle management capabilities, and deeply participate in the construction of Hong Kong's aviation industry.

Guests participating in the aviation industry seminar that day believed that the global aviation industry is in a transformation stage. The focus of industry development has shifted from expanding fleet size to improving aviation asset operating efficiency and full life cycle value. Maintenance, engine services, and aviation material recycling have become new growth drivers. Hong Kong has the advantages of both an international financial and aviation hub. Driven by Hong Kong's first five-year plan, it is developing from an international air transport center to an international aviation industry center. (over)