Topcast Aviation Supplies (TOPCAST), a global leader in aircraft parts distribution and MRO services, has completed the acquisition of AML Aviation Technologies (AML), a Civil Aviation Administration of China (CAAC)-approved aircraft components maintenance company located in Shanghai.
AML was established by Aviation Industry Corporation of China in 2002. With diverse testing facilities and repair capabilities, the core services include testing, repair, modification, and overhaul of air conditioning, communication, battery, cabin, fuel, hydraulic and pneumatic, light, water, and waste handling systems. TOPCAST onshore MRO service centre in Shanghai can provide a lower cost, faster turnaround time and more environmentally friendly service to minimize carbon footprint through reduced cross-border logistics.
“In longer-term, TOPCAST will set up a warehouse in Shanghai to complement for smooth operations and will implement a dedicated pooling program for lower life cycle costs from the initial core units from each airline customer,” said Steve Chua, Managing Director, Global MRO of TOPCAST.
Shanghai is the hub city for seven commercial airlines and six cargo carriers, accounting for 2,165 aircraft, 59% of the national market size. This merger and acquisition will further underpin TOPCAST’s leading status of an MRO service provider in the region.
