SSAMC RECEIVED CHINESE GOVERNMENT APPROVAL

Dino D'Amore
By Dino D'Amore December 20, 2010 14:43

SSAMC RECEIVED CHINESE GOVERNMENT APPROVAL

Air China and CFM International has received Chinese government approval for the formation of Sichuan Services Aero Engines Maintenance Company (SSAMC), a 60/40 joint venture between the two companies, based in Chengdu, China.

The maintenance, repair and overhaul (MRO) joint venture deal was first negotiated in 2007.

“Air China’s objective is to have the most competitive MRO solutions for its fleet, without any compromise in flight safety,” said Senior VP He of Air China. “The partnership with CFM can help both stakeholders to continuously increase their competitiveness globally with their advantages, and to provide the best service for Chinese and worldwide customers.”

“This new venture is a perfect example of the type of win-win solutions that airlines and OEMs can implement together,” said Eric Bachelet, president and CEO of CFM International. “The combination of Air China’s extensive expertise with that of CFM will enable SSAMC to develop and grow to the best level of performance, in terms of quality, turnaround time, EGT margin, and cost.”

Dino D'Amore
By Dino D'Amore December 20, 2010 14:43
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