Memorandum of Understanding signature between Mr. WANG Dongge, HNCA Aviation Asset Solution Co., Ltd Chairman, Mr. Nicolas MOUTÉ, Simaero Holding CEO, and Mr. ZHU Da peng, Vice President of Bank of China Henan Branch Administration Department.
As part of the Europe International Cooperation Forum in Luxembourg last week, Simaero, represented by its CEO Mr. Nicolas MOUTÉ, HNCA Aviation Asset Solutions Co., Ltd., represented by its Chairman Mr. Dongge WANG, and Bank of China represented by the Chairman of its Henan branch Mr. Da peng ZHU, signed a Memorandum of Understanding (MoU).
This MoU aims to establish a comprehensive long-term strategic partnership to develop HNCA Aviation Services Solution, the simulator leasing Joint Venture that has been established in 2023. Through this agreement, Bank of China commits to leveraging the financial service advantages of the Bank of China to enhance support for the financial services required by HNCA and Simaero for full flight simulator leasing in China and abroad.
Once again, HNCA and Simaero joined forces to advance the aviation industry. This strategic cooperation agreement is a logical progression of the two joint ventures established by Simaero and HNCA in 2021 and 2023. These ventures focus on developing simulation engineering services, such as full-flight simulator relocation, and on simulator asset leasing with the goal of becoming China’s first professional simulator asset management company.
The MoU signing was honored by the presence of Mr. Ding Xuexiang, First Vice Premier of the People’s Republic of China and member of the Politburo Standing Committee of the Chinese Communist Party.
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Simaero is a world-leading provider of pilot training on full-flight simulators and simulation engineering solutions. In global aviation, change is a constant. We promise to be a straightforward and continual presence in the complex training requirements of international airlines and pilots. With five training centres strategically located in France (headquarters), South Africa, China and India, Simaero trains over 5,000 pilots every year from 250+ civil and military carriers and 80+ countries. Our simulator fleet and training solutions cover the main commercial aircraft types, including Airbus, Boeing, ATR, and Embraer.
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