New Menzies CNAC CEO
08 / 05 / 2024
Raymond Lo.jpg Photo Menzies
Menzies Aviation has appointed Raymond Lo as chief executive of Menzies CNAC.
The announcement follows the company’s earlier acquisition of a 50% stake in Jardine Aviation Services Group (JASG), which will be rebranded as Menzies CNAC.
With more than 24 years at Menzies Aviation, Lo has spent the last decade as managing director of Menzies Macau Airport Services Ltd, which provides a full suite of aviation services at Macau International Airport (MFM). Prior to this, he spent eight years working for Menzies Aviation in Hong Kong.
Lo is set to replace interim chief executive, Vivien Lau, who will return to her permanent position at Jardine Matheson following a secondment to Menzies CNAC. Lo officially started his new role on May 1, with Lau remaining in the organisation until the end of June to ensure a smooth transition.
Darren Masters, executive vice president – Oceania, Southeast Asia and China, Menzies Aviation, said: “We are thrilled that Raymond will be at the forefront of Menzies CNAC – an exciting new joint venture that’s set to broaden our footprint in Asia.
“Raymond’s extensive experience and proven track record means that he is perfectly placed to lead our efforts in supporting Hong Kong’s rapidly expanding aviation sector. We look forward to working with Raymond as we embark on this exciting new chapter.”
In January this year, Menzies Aviation acquired a 50% stake in Jardine Aviation Services Group (JASG) from Asia-focused conglomerate Jardine Matheson.
This investment is a joint venture with China National Aviation Corporation (CNAC), which will be co-owner of JASG.
Ground handling services company JASG has been operating at Hong Kong International Airport since 1946 and the acquisition adds to Menzies’ long-term investment in Asia.
Menzies’ joint venture with CNAC strengthens an existing partnership between Menzies and CNAC at Macau International Airport (MFM), where it has been carrying out ground handing services since 1994.
