China Aviation Supplies Import & Export Corporation Limited (CASC) and Satair Group, an Airbus subsidiary, have signed a Memorandum of Understanding (MOU) on September 8thin Beijing. The MOU is focusing on supporting the Chinese Airlines in terms of spare parts support and integrated services.
The MOU was signed by Mr. Tan Kejian, President of CASC, and Mr. Paul Lochab, CCO of Satair Group. The signature was witnessed by Mr. Li Hai, President of China Aviation Supplies Holding Company (CAS), the parent company of CASC, Mr. Sun Bo, Vice President of CAS, Mr. Yang Xiaoming, Vice President of CAS and Mr. Laurent Martinez, Senior Vice President, Head of Business Unit Services by Airbus, Mr. Bruno Bousquet, Vice President of Airbus China, Mr. Hu Yongdong, Managing Director of Satair Group, China.
According to the MOU, CASC and Satair Group will engage on a regular basis to deepen their cooperation and potentially set up future joint programs. Projects will focus on bulk purchasing of consumable parts, Airbus proprietary parts and tools and spares inventory management, aiming to reduce the inventory cost of the Chinese aviation industry.
China Aviation Supplies Import & Export Corporation Limited (CASC), a wholly owned subsidiary of China Aviation Supplies Holding Company (CAS), is the leader in China aviation supplies trade, distribution and logistics. Now, the company is providing integrated services for Chinese airlines including package retrofits, asset management, inventory optimization, surplus parts sales, leasing, exchange, PBH, consignments, 24/7 AOG service, and sales of aviation supplies.
Satair Group is a 100% stand-alone company and Airbus subsidiary with $1.3 billion revenue and more than 1,000 employees worldwide. With more than 200,000 part numbers in stock, the Group is one of the global leading providers of aftermarket solutions for the civil aerospace industry – offering everything from parts management to parts services as well as parts support for all types of aircraft. Besides offering value-adding and integrated services, Satair Group is devoted to developing business partner relationships as well as new business concepts – to the benefit of both suppliers and customers.
Airbus Material & Supply Chain Services and Satair are part of Satair Group, a 100% stand-alone company and Airbus subsidiary with $1.3 billion revenue, more than 1,000 employees worldwide and a vision to become the global market leader in the civil aircraft parts management business in 2017.