Austrian Firm Targets China MRO Market

 - August 14, 2019, 10:46 AM

FACC AG has entered into a strategic cooperation agreement with China-based STAECO to gain a foothold in the Chinese MRO market, the Austria-based developer and manufacturer of lightweight composite civil aircraft parts announced today. “Aftermarket services today already constitute an important economic pillar for FACC with great potential for the future,” FACC CEO Robert Machtlinger said. “I am therefore very pleased that we were able to establish a partnership with the distributor STAECO. I am convinced that, together, we will be able to successfully market FACC's MRO services in China."

As part of the cooperative agreement, STAECO will distribute FACC’s portfolio of aftermarket parts and services for commercial and business jets. It also will serve as a base for component repairs.

“With the sharp rise in air traffic in China as well as the growing share of composite materials used in aircraft construction in general, the demand for qualified MRO services in the composite sector is also increasing,” added FACC v-p of aftermarket services Christian Mundigler. “This gives us the opportunity to grow together as a qualified MRO partner with the comprehensive range of maintenance and repair services offered by FACC and STAECO.”

FACC said it has similar agreements with California-based aerospace distributor Proponent and Alaris Aerospace Systems in Florida.