Aircraft Recycling International (ARI) has
signed a Memorandum of Understanding with Honeywell Aerospace via
its wholly-owned subsidiary, China Aircraft Disassembly Centre
(Hong Kong).
The parties shall collaborate and develop
repair and maintenance services at ARIs China Aircraft
Disassembly Centre (CADC) located in Harbin.
Christina Ng,
Deputy Chief Executive Officer and Chief Operating Officer of ARI,
said, ARI has accumulated a wealth of experience in used
aircraft solutions, including aircraft dismantling technology,
aircraft asset management, business operations, and has also
gained recognitions from our aviation partners. Together with our
two aircraft recycling platforms, namely UAM in the US and CADC in
Harbin, ARI will be able to echo the global demand for mid-to-late
life aircraft asset management. The alliance with the centennial
brand, Honeywell, is going to drive new impetus to the future
development of both parties. Equipped with amassed industrial
experience, enriched network and resources, as well as
distinguished brand equity, Honeywell will be a gilding lily to
CADCs business expansion. At the same time, ARI would leverage
its competitive strengths to support Honeywell in new trading
business establishment.
There are big opportunities in Asia Pacifics
maintenance, repair and overhaul (MRO) market, which is expected
to grow at 6 percent per annum, said Steven Lien, president of
Honeywell Aerospace Asia Pacific. Honeywells resources span the
Americas, Europe Middle East, Africa, Asia and the South Pacific
to deliver dedicated 24/7 service support. In the Asia Pacific
region only, Honeywell has seven aftermarket service sites.
By partnering with strong players like ARI, Honeywell is improving
our operating and repair capabilities to provide local customers
with better support.
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