Satair and China Eastern Airlines Technic sign letter of intent for strategic partnership
China International Import Expo, Shanghai, 6 November 2024
Satair, an Airbus Services company, and China Eastern Airlines Technic, the subsidiary of China Eastern (CES), are delighted to announce the signing of a letter of intent (LOI). The LOI allows both parties to engage in discussions regarding potential collaboration. This potential collaboration will emphasise our capability to deliver a comprehensive material management service for a large scope of expendable parts, specifically to all CES’s Airbus fleets, enhancing efficiency and streamlining operations for all parties involved. We aim to integrate our resources and expertise to optimise supply chain processes and ensure seamless material flow.
CES currently operates a fleet of over 450 Airbus aircraft, including the A320, A330, and A350, making it the largest Chinese Airbus operator. This new agreement with Satair marks a significant step to a strategic and value-driven partnership for both parties as well as reflecting Satair’s unwavering commitment to support the future growth in the dynamic aviation market of China.
Andy Lee, Managing Director, China at Satair, commented, “We are pleased to partner with China Eastern Airlines, bringing our extensive expertise in material management to one of the largest Airbus operators in the world. Our IMS solution will not only maximise spare parts availability but also optimise stock levels, helping CES to boost cash flow and improve overall operational performance.”
The agreement will provide CES with key benefits, including freeing up capital by avoiding excess inventory, allowing the airline to reinvest in other areas of its business. By minimising the risk of costly emergency part procurement and delays, CES will also cut operational costs in the long term. Satair’s integrated solution will ensure that CES’s operations are equipped with the right parts at the right time, supporting uninterrupted service and efficiency.
With Satair’s expertise integrated into CES’s operations, the airline can look forward to simplified material management and enhanced forecasting abilities, reinforcing its position as a leader in efficient fleet management.
About Satair
Satair is a global company and world leader in the commercial aerospace aftermarket. The company supports the complete life cycle of the aircraft with a full and integrated portfolio of flexible, value adding material management products, services and tailored support modules across all platforms. As a key part of Airbus customer services, Satair has exclusive or primary distribution arrangements for aerospace component manufacturers, and supplies parts to multi-fleet customer airlines and MRO companies. It also fulfils the material service support obligation for the in-service fleet of more than 11,000 Airbus aircraft. Visit www.satair.com.
Media Contact
Kasper Bodenhoff: Communications Manager, Satair
+45 32 47 01 28 | kaj@satair.com