A plane on the approach to Beijing’s international airport. In China, domestic revenue passenger kilometre (RPK) was up 8.3 per cent in June from a year ago. Photo: ShutterstockA plane on the approach to Beijing’s international airport. In China, domestic revenue passenger kilometre (RPK) was up 8.3 per cent in June from a year ago. Photo: Shutterstock
A plane on the approach to Beijing’s international airport. In China, domestic revenue passenger kilometre (RPK) was up 8.3 per cent in June from a year ago. Photo: Shutterstock
Business /  Companies

Private equity firm Permira bets on Chinese aviation growth as it buys Hong Kong aircraft parts distributor Topcast

  • The European private equity firm takes a bullish view on China’s aviation sector despite US China trade tension has stalled passenger demand
  • Deal values Topcast at US$300 million, sources say, as founders divest as part of their succession planning
Topic |   Aviation
Georgina Lee
Georgina Lee

Updated: 10:58pm, 5 Sep, 2019

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A plane on the approach to Beijing’s international airport. In China, domestic revenue passenger kilometre (RPK) was up 8.3 per cent in June from a year ago. Photo: ShutterstockA plane on the approach to Beijing’s international airport. In China, domestic revenue passenger kilometre (RPK) was up 8.3 per cent in June from a year ago. Photo: Shutterstock
A plane on the approach to Beijing’s international airport. In China, domestic revenue passenger kilometre (RPK) was up 8.3 per cent in June from a year ago. Photo: Shutterstock
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