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China Aviation Oil looks to M&A opportunities

Group also poised to ride the surge in aviation demand driven by the rise of the middle class, says its COO

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Volume-wise, China continues to develop as the world's second-largest civil aviation industry, after North America... Outside China, CAO supplies to 43 airports outside the country.

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COO Jean Teo says Chinese airlines are expanding aggressively overseas and the firm will usually give priority to those carriers.

THE chief operating officer (COO) of mainboard-listed China Aviation Oil adheres to a strict code of ethics, and can be a contrarian of sorts. A seasoned trader, Jean Teo is known to be a straight shooter.

"There's a need to stand firm and say 'No', even to the boss. I know this is

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