JCN Newswire

World's Leading Business Aircraft Service Provider TAG Aviation Expands in Hong Kong

Tuesday June 2, 02:47 PM

Hong Kong, May 28, 2009 - (ACN Newswire) - TAG Aviation Asia Ltd, a subsidiary of TAG Aviation Holding S.A. from Switzerland, today officially announced the business expansion of its aircraft charter, aircraft management, aircraft completion monitoring and aircraft brokerage services in Hong Kong. The company has hired additional staff and moved into larger offices in Wanchai in a response to growing demand for their services.

Established in Hong Kong in 2006, TAG Aviation Asia Ltd is responsible for the Asian expansion of parent company TAG Aviation's global business aircraft services. TAG Aviation Asia Ltd offers its clients the benefits of centralized aircraft operations support and local service to Asian clients and joins a network of TAG subsidiaries around the world in locations in the USA, Europe and the UK. The company currently operates over 200 business aircraft worldwide and is considered an industry-leader with more than forty years' experience.

CEO of TAG Aviation Asia, Mr. Neil Gibson, said, "TAG Aviation Asia's business plan for Hong Kong is long-term. We have significantly invested in our people and infrastructure locally. This city is the ideal starting point for our strategic expansion in Asia and as we continue to grow in the future, Hong Kong will remain our regional headquarters."

Head of Transportation at Invest Hong Kong, Mr. Benjamin Wong, welcomed the company's business expansion. He said, "TAG Aviation Asia's continued investment and expansion in our city is an illustration of the opportunities in, and strong support of, Hong Kongs aviation industry."

TAG Aviation Asia was granted the coveted Hong Kong Air Operator's Certificate (Hong Kong AOC) by the Civil Aviation Department at an award ceremony held this afternoon. This official document is issued to an airline/business jet operator and attests to the airline/business jet's competence regarding its ability to conduct a safe operation.

Mr. Gibson added, "Having obtained the Hong Kong AOC, TAG Aviation Asia is now able to offer commercial flights to their clients in Hong Kong-registered aircraft. Becoming an air operator in Hong Kong, we have accomplished a major milestone. Our goals are to grow our business and the business aviation industry to cater for the increasing demand in the Greater China region."

Mr. Wong congratulated TAG Aviation Asia on receiving the Hong Kong AOC. He said, "In the face of current economic challenges, we remain optimistic about the long-term development of the aviation industry in Hong Kong particularly with the growing interest from the Greater China region. The recognition of the quality of service provided by companies like TAG Aviation Asia in Hong Kong helps strengthen the industry and our citys position as a regional aviation hub."

About TAG Aviation Asia

TAG Aviation Asia is a subsidiary of TAG Aviation Holding S.A.which is headquartered in Geneva, Switzerland. With over 40 years of experience in the business aircraft sector, TAG Aviation currently operates more than 200 business aircraft. In addition to being the owner and operator of the multi-award winning Farnborough Airport near London, UK, the company offers aviation services including aircraft management, aircraft charter, Fixed Base Operations (FBO) and ground handling services as well as maintenance and aircraft brokerage. Other than the Hong Kong office, TAG Aviation currently operates regional offices in London, Madrid, Geneva, San Francisco, Bahrain and Singapore. For more information, please visit www.tagaviation.com.

Contact:
JOVIAN Financial Communications Ltd
Angel Y Y Yeung / Beatrice Wong
Tel: +852 2154 7889
Fax: +852 2854 2012
Email: angel.yeung@joviancomm.com

Source: JCN http://www.japancorp.net

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