Air China and GA Telesis have agreed to establish an Asia-based integrated spare parts supplier in China. After almost a year of planning, the companies have respective top management approvals to move forward with the formation of GA Telesis China (GATC), a joint venture based in China. The enterprise claims it will be the first aircraft part-out business and integrated full-scale redistribution stock list based in China covering the entire Asian market.
GATC will focus on providing serviceable used components to the Asian market, while also acting as China’s first integrated asset management company that has access to aircraft disassembly capabilities. The company plans to establish a facility that allows expedited processing and shipping for the Chinese and Asian markets.
“The Asia market is clearly noted to be the largest global growth market and is forecast to have almost two-fold demand for new aircraft over the next twenty years,” said Cai Jianjiang, president of Air China.
GA Telesis provides support for Airbus, Boeing, Bombardier and Embraer aircraft and components as well as CFM International, General Electric, Honeywell, International Aero Engine, Pratt & Whitney and Rolls-Royce jet engines and replacement components.