CHINA. Plaza Premium Group and Qingdao International Airport Group (QIAG) have signed a framework agreement to develop premium airport services.
The partners said the strategic cooperation framework agreement paves the way for future collaboration on a variety of projects. It also strengthens Hong Kong-based Plaza Premium’s position in the Chinese market.
Plaza Premium and QIAG said the agreement was based on guiding principles of “complementary collaboration, mutual benefits, friendly cooperation, and joint development”. It will support the middle- to long-term development capacity and competitive edges of both parties, they said.
“We are glad to partner with QIAG to spearhead the advancement of premium airport services and enhance the seamless airport experience for travellers,” said Plaza Premium Group Founder and CEO Song Hoi-see.
“This strategic cooperation further demonstrates our group’s commitment to the Chinese market since the opening of the world’s first co-branded airport lounge, No. 77 China Eastern Plaza Premium Lounge, as a result of our partnership with China Eastern Airlines in Shanghai Pudong International Airport last year.”
QIAG Chairman Jiao Yongquan stated: “In an effort to become one of the world’s leading airports, Qingdao Airport has accorded priority to constantly enhancing travellers’ experience. Plaza Premium Group is globally recognised as a proven leader in premium airport services, and we are very happy to join forces with Plaza Premium in enhancing travellers’ experience together. This strategic cooperation also marks a solid step forward by QIAG along the path of internationalisation.
“The construction of the new Qingdao Airport provides valuable opportunity for the development of QIAG and I believe this strategic partnership will reap mutual benefits.”
