News from this newspaper (Reporter Guo Beichen) On the afternoon of June 20, local time, at the second Zhengzhou-Luxembourg “Aerial Silk Road” International Cooperation Forum, China Yu Aviation Group and French SIMAERO Group joined hands to launch the country’s first cross-border Environmental simulator operating leasing business.
At the forum, Henan Aviation Investment Aviation Asset Solutions Co., Ltd. (hereinafter referred to as “Henan Aviation Investment Management Company”), a subsidiary of China Yu Airlines, signed a strategic cooperation agreement with the French SIMAERO Group and the Bank of China Henan Branch. “Master and Madam would not agree.” The whole industry chain around flight simulators and global operations have reached comprehensive cooperation. According to the agreement, the three parties will leverage their respective advantages to deepen cooperation in air transportation investment, aviation leasing, civil aviation transportation, freight forwarding, aviation technical services and other fields.
Simulators are important equipment for pilot training. Previously, airline training institutions and third-party training centers mostly purchased simulators to meet their simulator configuration needs. This time, Henan Aviation Investment Management Company will purchase two flight simulators with a total value of approximately 50 million yuan through financing, lease them to the French SIMAERO Group, and hand them over to its aviation training center in Johannesburg, South Africa, which can meet the needs of approximately Training needs for 1,000 pilots. The decision to achieve this project was made by Simulator Asset Management. “Innovation can effectively improve the capital operation efficiency in the simulator market.
“We are very pleased to be able to reach this cooperation with China Yu Airlines at the forum.” Nicolas MOUTE, CEO of French SIMAERO Group, said that this project involves companies from different countries in Asia, Europe and Africa, and is an important step for both parties to promote the globalization of simulator assets. An important step in operations. China Henan Airlines is an important platform for the development of the aviation economic industry in Henan Province. It has achieved remarkable results in the cooperation between Zhengzhou and Luzhou on the “Aerial Silk Road”. The French SIMAERO Group hopes to continue to deepen cooperation with China Henan Airlines and share the opportunities of the “Aerial Silk Road”.
It is reported that China Yu Airlines and the French SIMAERO Group have a long-standing cooperation basis. Henan Airlines Investment Management Company was established by the two parties in 2023 as a joint venture. It is China’s first professional simulator asset management company. In 2021, the two parties also jointly established China’s first professional simulator relocation service company, Ximeno (Zhengzhou) Aviation Simulation Equipment Co., Ltd., which has now completed the relocation of 15 simulators in the country, with a national market share of 90%. above. The two flight simulators in this project need to be moved from China to Johannesburg, and the company will also provide professional relocation services.