SATS Acquires Controlling Stake In Nanjing Weizhou Airline Food

NWA and SATS signing
Credit: SATS
SATS has acquired an additional 40% stake in Nanjing Weizhou Airline Food (NWA), increasing its ownership to 90% and securing a controlling interest in the Chinese inflight catering provider. The shares were purchased from NWA’s founder and general manager Luo Bo for approximately CNY312.5 million (...
Chen Chuanren

Chen Chuanren is the Southeast Asia and China Editor for Aviation Week's Air Transport World magazine and the Asia-Pacific Defense Correspondent for Aviation Week.

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