Bombardier and Tianjin agree to establish a maintenance facility
Bombardier Aerospace and the Tianjin Airport Economic Area agree to establish a maintenance facility for commercial and business aircraft in China.
Bombardier Aerospace and the Tianjin Airport Economic Area announced that they have signed a letter of agreement to increase aircraft maintenance services in Mainland China. This is the first step which should see the creation of a joint venture company. The new facility is expected to open in 2016.
The facility will support the maintenance, repair, overhaul, and associated activities and services for all Bombardier business aircraft and, subject to certain conditions, on Bombardier commercial aircraft.
“China is an important market and we are excited and honoured to collaborate with the leaders of Tianjin,” said Eric Martel, president, Customer Services and Specialized and Amphibious Aircraft, Bombardier Aerospace. “We are eager to have the opportunity to show customers our strong commitment to bringing OEM-backed services to their doorstep. Tianjin Airport Economic Area’s experience and strong leadership reinforce the fact that this is the right partnership that will lead to an amazing customer experience.”
“We are glad that our discussions with Bombardier Aerospace have led to this agreement and we are confident that the joint venture will be beneficial for our region,” said Huang Xingguo, mayor of Tianjin. “Tianjin is a major and growing aerospace hub and fosters a business environment that will lead to the long term success of the joint venture.”
Bombardier’s latest market forecast for the aviation industry predicts a total of 2,420 business jet deliveries destined for China over the next 20 years.