Satair, a global company and world leader in the commercial aerospace aftermarket established a new legal company in line with Satair’s business plan to increase the growth of Used Serviceable Material (USM) and localize services in order to meet the estimated +40% global growth in USM for commercial aviation through 2027. Through the sale of USM globally, this organization will be essential to the functioning of the first Aircraft Lifecycle Services center in China and the monetization of end-of-life assets.
Richard Stoddart, CEO, of Satair said, “The world is calling on us to establish innovative methods to establish the circularity of materials – and so are our customers. With this Aircraft Lifecycle Services centre, we are acting, setting up our organisation to support the demands of a rapidly growing market via more efficient solutions.”