China Aviation Aftermarket Holdings (CAAM), an associate company of China Aircraft Leasing Group (CALC), has entered into a strategic cooperation agreement with China Resources Recycling Group International Investment (Shenzhen) (CRRG International Investment). The partnership focuses on the joint development of comprehensive solutions for the aviation aftermarket and marks CAAM’s first collaboration with CRRG International Investment, laying the groundwork for a long-term strategic alliance.
Under the agreement, the two companies will work together across several key areas, including bonded management of aircraft components, transparent aircraft acquisition processes and compliant parts sales. Through this cooperation, CAAM and CRRG aim to establish a full-cycle ecosystem covering the import, asset management, disassembly and recycling of retired aircraft. The integrated approach is designed to improve efficiency, enhance compliance and maximise the value of aircraft assets throughout their lifecycle.
CRRG International Investment, will contribute its strengths in international trade, resource recycling and risk management compliance. By combining these capabilities with CAAM’s aviation asset expertise, the partnership seeks to accelerate the development of a circular economy model within the aviation sector, enabling the high-value reuse of retired aircraft and components.
As a key element of the high-end manufacturing value chain, the recycling and reuse of aviation equipment plays an increasingly important role in industrial upgrading. It is also closely aligned with China’s dual carbon objectives, supporting reductions in resource consumption and environmental impact while promoting sustainable growth across the aerospace industry.
CAAM operates as CALC’s dedicated platform for managing mid-life, end-of-life and used aircraft assets and has, over time, successfully unlocked the residual value of retired aircraft through structured aftermarket solutions. This new partnership not only reinforces CAAM’s position in the global aviation aftermarket but also creates a platform for broader cooperation, innovation and future market opportunities in aircraft asset management and recycling.
