Wed, 30 Aug 2017

Honeywell Partners ARI to Advance Used Aircraft Solutions in China

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 ARIís China Aircraft Disassembly Centre (CADC) located in Harbin.

Christina Ng, Deputy Chief Executive Officer and Chief Operating Officer of ARI (front right) and Steven Lien - President of Honeywell Aerospace Asia Pacific (front left) sign MOU in CADCís facility in Harbin, China. Click to enlarge.

Christina Ng, Deputy Chief Executive Officer and Chief Operating Officer of ARI, said, ďARI 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 CADCís business expansion. At the same time, ARI would leverage its competitive strengths to support Honeywell in new trading business establishment.Ē

ďThere are big opportunities in Asia Pacificís maintenance, repair and overhaul (MRO) market, which is expected to grow at 6 percent per annum,Ē said Steven Lien, president of Honeywell Aerospace Asia Pacific. ďHoneywellís 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.Ē 

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