GA Innovation China Announces First-Ever Import of Commercial Aircraft into Mainland China for Disassembly

GA Innovation China (“GAIC”), a joint venture between GA Telesis and Air China, has announced the import and delivery of the first-ever aircraft from overseas for teardown and parts redistribution in mainland China. Tianjin HAITE High Tech Co., LTD. has been contracted by GAIC for disassembly operations on the Boeing 767-300.

Upon completion, GAIC will provide aftermarket component support for the Chinese and Asian markets. This acquisition marks another historic milestone for GAIC, following the company’s completion of the first-ever aircraft disassembly and parts redistribution program in China in 2013.
  

The new teardown project supports GAIC’s initiative to introduce foreign aircraft for disassembly to the Chinese market, in order to help airlines reduce maintenance and operating costs for their aircraft.

Yang Zhang, Managing Director of GA Innovation China, commented on this groundbreaking move by GAIC: “We are pleased to announce yet another innovative solution to maximize value and cut costs for airlines and customers in the Asia-Pacific region.

We are proud to be the first company to support a new and emerging market sector, and look forward to the opportunities for growth it will provide.”

(Business Wire / Yahoo finance News)