France-headquartered aircraft manufacturing giant Airbus has officially set up a wholly-owned subsidiary, Satair (Chengdu) Co Ltd in Chengdu, China.
The new subsidiary in the Shuangliu district of Chengdu, the capital of Southwest China’s Sichuan province sees Airbus expanding its footprint in the dynamic Chinese aviation industry.
Airbus has been making significant strides in the realm of life-cycle services for aircraft, and the establishment of Satair (Chengdu) Co Ltd is a noteworthy addition to their endeavors.
This subsidiary comes into being following the successful completion of Airbus’ aircraft lifecycle service center in Chengdu, which was inaugurated on September 28.
Satair is a global leader in the civil aviation industry’s supply chain, known for providing a diverse range of products that include aircraft spare parts and tooling.
With an impressive inventory of over 1,000,000 part numbers, they offer a comprehensive catalog catering to various types of aircraft.
Richard Stoddart, CEO of Satair, highlighted the significance of Satair Chengdu within the Airbus Lifecycle Services Center project.
This subsidiary’s business scope encompasses the purchase of pre-owned aircraft and the management and trade of available used aircraft materials.
It serves as a crucial component of Airbus’ efforts to enhance its aircraft material support system.
Material Services and Support
Satair Chengdu is poised to make a substantial impact by providing a more diverse and robust supplement to Satair’s existing aircraft material support system.
This will not only enrich the available options for aircraft materials but also offer more comprehensive material services and support to major airlines, aircraft maintenance facilities, and component repair centers.
George Xu, executive vice president of Airbus and CEO of Airbus China, emphasized the significance of the Airbus Lifecycle Services Center in Chengdu.
He described it as an industry-leading one-stop sustainable solution provider for recycling middle-life and aged aircraft. This center stands as a testament to Airbus’ unwavering commitment to China as a long-term, reliable partner.
The Airbus Lifecycle Services Center
The Airbus Lifecycle Services Center in Chengdu is the first of its kind outside of Europe. Scheduled to be operational in December, it will offer a wide array of services, including aircraft parking, storage, maintenance, upgrades, conversions, dismantling, and recycling for various aircraft types.
With a storage capacity of 125 aircraft, it is poised to become a game-changer in the aviation industry.
Chengdu: From ‘City with an Airport’ to ‘Airport City’
The Shuangliu district, home to the Chengdu Shuangliu International Airport, has embarked on an ambitious mission to develop a 40-square-kilometer economic zone around the airport.
This endeavor aims to create a robust aviation industry cluster, transforming the district from a “city with an airport” to an “airport city.”
Local officials have expressed their commitment to strengthening strategic collaboration with Airbus.
They aim to attract projects, host professional forums, and draw businesses in the fields of component maintenance, composite manufacturing, and engine transactions.
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