Asia's first large-scale aircraft recycling
facility, China Aircraft Recycling Remanufacturing Base, owned by
Aircraft Recycling International Limited (ARI), a member company
of CALC, formally commenced operations last week.
China Aircraft Recycling Remanufacturing Base is
located on the south side of China's Harbin Taiping International
Airport. It has a gross floor area of 300,000 sqm. With the
construction of Phase I complete, the base has an effective
handling capacity of 20 aircraft per year. Its hangar can hold
three narrow-body aircraft simultaneously or one wide-body
aircraft and one narrow-body aircraft together.
The base covers seven areas of business
operation, including aircraft purchasing, selling, leasing,
dissembling, replacing, conversion and maintenance, providing
dynamic aircraft recycling solutions to airlines, MROs, lessors,
as well as manufacturers and distributors of aircraft materials.
Mr. LI Yuze, General Manager of China Aircraft
Disassembly Centre, said, "The base completes the final link in
China's aerospace manufacturing value chain. As there were no
comprehensive aircraft recycling and remanufacturing systems in
China, aging aircraft are usually dissembled and disposed of by
companies in Europe and the Americas, involving high costs and
long waiting times. More and more civil aircraft in China are set
to retire soon, offering extended market opportunities to the
emerging aircraft recycling and remanufacturing industry. With our
high standards and stringent technology requirements, the base is
set to become China's leading platform of aging aircraft solutions
with business presence in Greater China and Asia as a whole."
With its comprehensive aging aircraft solutions,
ARI will also further improve CALC's aircraft full value-chain.
CALC's unique business model offers services covering an
aircraft's full life cycle to meet airlines' fleet management
requirements, including services for new aircraft, aging aircraft
and aircraft coming to the end of their lives.
Mr. CHEN Shuang, JP, Chairman of CALC, said,
"Aircraft recycling is the natural extension of the aviation value
chain. The base is part of CALC's major initiative to develop into
a full value-chain aircraft solutions provider for the global
aviation industry. Over the years, CALC has built an efficient
capability for aircraft asset management, close partnerships with
its aviation partners, and flexible and diversified financing
resources. ARI's swift and steady development in aging aircraft
value chain will further enhance CALC's diversified asset
management capability, maximizing value for our aviation
Currently, ARI's aircraft recycling base has
been granted the Maintenance Certificate in compliance with
CCAR-145-R3 required by the Civil Aviation Administration of
China. The base has been certified by the Civil Aviation
Maintenance Association of China as a qualified Civil Aircraft
Parts Distributor and obtained the Approval Certificate of
Foreign-Funded Enterprises of the People's Republic of China
issued by the PRC Ministry of Commerce.