Chengdu, China, 1 November, 2023 – Satair has established a legal entity, Satair (Chengdu) Co., Ltd, in China. The creation of this new legal entity supports Satair’s commercial strategy of ramping up Used Serviceable Material (USM) growth and localising services to support the substantial growth expected in both the Chinese and global commercial aviation USM markets, +40% worldwide through 2027. Collocated with the Airbus Lifecycle Services joint venture offering aircraft parking, maintenance and dismantling, Satair Chengdu will play a vital role in the operations of the Airbus Lifecycle Services centre in China, monetizing end of life assets through the sale of USM worldwide.In July 2022, Satair acquired VAS Aero Services, taking in expert capabilities and know-how related to managing engine and multi-fleet USM, in addition to the complete USM value chain. Satair and VAS Aero Services will acquire end of life aircraft and engines, and, after the repair and certification process, will distribute parts in used serviceable condition to its customer base both globally and throughout China.Richard Stoddart, CEO, Satair, commented “The world is calling on us to establish innovative methods for end of life management, to refurbish and repurpose materials that are already available - and so are our customers. With this Aircraft Lifecycle Services centre, we are acting, setting up our organisation to support the demands of a rapidly growing market while minimizing environmental impacts”.“Congratulations on Satair Chengdu’s incorporation,” said George XU, Airbus EVP and Airbus China CEO, “together, we’ll provide customers and the market in China a package of industrial competitive services with sustainability as the core concept, covering aged aircraft purchasing, parking, maintenance, upgrades, conversions, dismantling to USM trading. As a long-term and reliable partner for China, we’ll continue to contribute to China’s aviation industry and the circular economy as a whole.” Your contact Kasper BODENHOFF JENSEN Marketing & Communications Specialist Phone: +45 324 701 28 kaj@satair.com Material Products A global portfolio to serve the complete life cycle of your aircraft Let's go! Keywords Services Maintenance Material SATAIR China Latest news Displaying 1 - 3 of 404 Market 29 November 2023 Commercial aircraft services market value set to double by 2042 to US$ 255 billion Airbus expects the commercial aircraft services market to nearly double in value to US$ 255 billion by 2042, according to its latest Global Services Forecast (GSF) reflecting the ‘Maintain’, ‘Train & Operate’ and ‘Enhance’ categories. Driving this momentum are rebounding air traffic as well as a demand for more digitally-enabled and connected aircraft. Read more Services 28 November 2023 Vietnam Airlines selects Skywise Predictive Maintenance solution to enhance operational efficiency Vietnam Airlines has taken a significant step towards maintaining safety, enhancing sustainability and operational efficiency in its engineering operations by signing for the Airbus Skywise Predictive Maintenance (SPM) digital solution. Read more Services 24 November 2023 NAVBLUE breaks into Chinese market through Navigation Database cooperation with China’s Air Traffic Management Bureau NAVBLUE and ATMB (Air Traffic Management Bureau*, the institution under the Civil Aviation Administration of China) have signed a long-term cooperation agreement to materialise the production of the on-board Navigation Database in China to align with the Chinese data security requirements. Read more
Market 29 November 2023 Commercial aircraft services market value set to double by 2042 to US$ 255 billion Airbus expects the commercial aircraft services market to nearly double in value to US$ 255 billion by 2042, according to its latest Global Services Forecast (GSF) reflecting the ‘Maintain’, ‘Train & Operate’ and ‘Enhance’ categories. Driving this momentum are rebounding air traffic as well as a demand for more digitally-enabled and connected aircraft. Read more
Services 28 November 2023 Vietnam Airlines selects Skywise Predictive Maintenance solution to enhance operational efficiency Vietnam Airlines has taken a significant step towards maintaining safety, enhancing sustainability and operational efficiency in its engineering operations by signing for the Airbus Skywise Predictive Maintenance (SPM) digital solution. Read more
Services 24 November 2023 NAVBLUE breaks into Chinese market through Navigation Database cooperation with China’s Air Traffic Management Bureau NAVBLUE and ATMB (Air Traffic Management Bureau*, the institution under the Civil Aviation Administration of China) have signed a long-term cooperation agreement to materialise the production of the on-board Navigation Database in China to align with the Chinese data security requirements. Read more