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Airbus To Lead Creation of Aircraft Lifecycle Center in China

Jan 29,2022

Airbus has signed a memorandum of understanding with Tarmac Aerosave and the city of Chengdu to create the first sustainable aircraft ¡°lifecycle¡± service center in China. The agreement will cover activities such as aircraft parking and storage, maintenance, upgrades, conversions, dismantling, and recycling services for various aircraft types.
The sides plan to sign a formal agreement on the cooperation in mid-2022, in time to allow the start of operations at the end of 2023, subject to relevant regulatory approvals.
¡°This is another concrete contribution to the aviation industry's quest for sustainability, supporting the principle of a circular economy in line with Airbus¡¯ purpose to pioneer sustainable aerospace,¡± said Airbus Customer Services senior v-p Klaus Roewe. ¡°This unique center will support the expansion of Airbus¡¯s aviation services while enabling the implementation of China's 'Green Industry' strategy.¡±
Tarmac Aerosave will bring 15 years of experience in aircraft dismantling to the project. Located in the same center, Airbus subsidiary Satair will acquire aging aircraft and distribute the resulting used parts to complete the full scope of lifecycle services. The facility will cover a surface area of 690,000 square meters and have a storage capacity of 125 aircraft.
Airbus continues to deploy a so-called sustainability roadmap for the aviation industry, enabling the increased re-use of aircraft and the recycling of materials and equipment. ¡°Aircraft phaseout in China is forecast to grow exponentially over the next 20 years,¡± added Roewe. ¡°Airbus is committed to investing in the region and this one-stop shop¡ªa first in China and outside of Europe¡ªwill see Airbus well positioned on the Chinese aircraft ¡®second life¡¯ services market.¡±

Under this background, the Aircraft Value Management International Forum 2022
will be held on June23rd-24th , 2022 in Shanghai, China. The forum will mainly focus on new aircraft value assessment, disposal of old aircraft, aircraft leasing and operation, aims to introduce advance ideas and methods, share successful experiences, combine with that situation of the aviation division itself, to open up more efficient and more active aircraft management.
Register your interest or get in touch with LUCY for more details.

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