Asia's first big aircraft recycling facility open in Harbin
ASIA's first big aircraft recycling facility, China Aircraft Recycling Remanufacturing Base (the 'Base'), owned by Aircraft Recycling International Limited (ARI), has opened in Harbin, the company announced
ASIA's first big aircraft recycling facility, China Aircraft Recycling Remanufacturing Base (the 'Base'), owned by Aircraft Recycling International Limited (ARI), has opened in Harbin, the company announced.
The Base covers seven areas of business operations; aircraft purchasing, sales, leasing, disassembling, replacing, conversion and maintenance, providing dynamic aircraft recycling solutions to airlines, MROs, lessors, as well as manufacturers and distributors of aircraft materials.
Two hundred people attended the launch, including municipal and provincial officials from Heilongjiang province, together with senior representatives from ARI's shareholders.
Said Chinese People's Political Consultative Conference (CPPCC) provincial committee vice chairman Hao Huilong: 'Heilongjiang's solid industrial foundation, cutting-edge technology, professional experts, and favourable policies play a strategic role in the development of the aircraft recycling industry.'
The Base is located on the south side Harbin Taiping International Airport. It has a gross floor area of 300,000 square metres.
With the construction of Phase I completed, the Base has had an effective handling capacity of 20 aircraft per year. It has China's largest bonded warehouse for aircraft parts.
Said China Aircraft Disassembly Centre general manager Li Yuze: 'The Base will complete the final link in China's aerospace manufacturing value chain. As there are yet no comprehensive aircraft recycling and remanufacturing systems in China, aging aircraft are usually disassembled and disposed of by companies in Europe and the Americas, involving high costs and long waiting times.'
Said CALC chairman Chen Shuang: '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.
Said ARI chief executive Mike Poon: 'Given the surging demand for aging aircraft management in the global aviation market, ARI will efficiently increase the residual value of aging aircraft.'