APOC Aviation has signed a memorandum of understanding (MoU) with its Chinese partners to progress a far-reaching growth plan throughout the region.
This is likely to include stock hubs in designated parts of the Chinese mainland together with warehousing and AOG support offices in Hong Kong and Singapore.
The company has gained three A320 airframes for part-out. MSN 712, 718 and 720 which were formerly acquired by China Aircraft Leasing Group (CALC Group) from China Southern Air Leasing.
“This was APOC’s first significant deal in China” according to APOC’s founder & managing director, Max Wooldrik. “The acquisition of these three A320 airframes heralds our intention to expand our business in Asia and using local tear-down specialists maximises cost-efficiency from the outset. We’re retaining CALC Group’s MRO joint venture, FL ARI Aircraft Maintenance & Engineering Company, to perform the part-out in CALC’s aircraft recycling facility located in Harbin, China.”
The part-out process is expected to be completed this summer and stock will be strategically offered in the Asian market, or partly shipped back to APOC’s warehouse in The Netherlands.