Menzies Aviation and logistics company, Eurus Express started the new month with the signing of a Memorandum of Understanding (MoU) aimed at developing a joint venture (JV) to benefit from the business growth potential that exists in China’s Hainan Province and beyond. Hainan was chosen because it has a free-trade port status, which offers the best foundation for growth on an international level. Eurus Express, which has its headquarters in Hainan Province, is among China’s leading integrated logistics companies, with a global network of 58 locations in 17 countries. Together with Menzies Aviation, it aspires to “provide best-in-class cargo and logistics services in China [and help] the province become an international logistics and aviation leader,” the press release states.
Philipp Joeinig, Group CEO, Menzies Aviation, announced: “We are thrilled to be working with Jackie Mung, CEO of Eurus Express, and his team, whose outlook and ambition is strategically aligned with our own vision. The creation of a JV presents a valuable opportunity for us to accelerate business growth in China and beyond to deliver best in class aviation services across the region. We are looking forward to working with Eurus Express to deliver market leading, high quality aviation services in Hainan and beyond.”
Jackie Mung, CEO, Eurus Express, outlined: “Our vision is to empower our people, partners, and communities in Hainan to thrive, as this market transforms at breakneck speed. The future of progress relies on imagination and vision to see beyond today. By combining vast local insight and global best practices, together we can facilitate pioneering solutions for sustainable growth.”