Safran signs a Distribution Agreement with China Aviation Supplies Co., Ltd
Business
Safran Electrical & Power and Safran Ventilation Systems have renewed the distribution partnership contract with China Aviation Supplies Co., Ltd, an aircraft parts distributor and maintenance services provider. This partnership will allow both Safran companies to continue expanding their spares and equipment footprint and availability across mainland China, providing greater access to sustainable OEM parts for airline operators and MRO.
Beyond this contract, Safran Electrical & Power and Safran Ventilation Systems continue to support China Aviation Supplies Co., Ltd business operations through regional representative located in Beijing, China for all customer support and sales activities.
China Aviation Supplies Co., Ltd will provide spares and components support on these Airbus platforms operating in mainland China. China Aviation Supplies Co., Ltd will benefit from the OEM spares and equipment reliability and availability with excellent lead time. The agreement will enhance China Aviation Supplies Co., Ltd market penetration and competitiveness in the Chinese market.
"We are delighted to continue and extend our partnership with China Aviation Supplies Co., Ltd, who have excellent track records in reaching out to key customers in mainland China. These agreements strengthen our position and align with our strategy to expand our presence in China and bringing sustainable solutions to more Chinese customers,” said Bruno Bellanger, Executive Vice President & General Manager of Power Division at Safran Electrical & Power.
"We are pleased to deepen our strategic partnership with Safran Electrical & Power and Safran Ventilation Systems, distinguished partners celebrated for their cutting-edge innovation and uncompromising standards in the aviation industry. This renewal not only reaffirms our shared dedication to securing a robust and reliable supply of superior aircraft materials but also reflects our collective vision of driving sustainable growth and elevating the aviation sector in China,” said Zhang Jun, General Manager of China Aviation Supplies Co., Ltd.
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Safran is an international high-technology group, operating in the aviation (propulsion, equipment and interiors), defense and space markets. Its core purpose is to contribute to a safer, more sustainable world, where air transport is more environmentally friendly, comfortable and accessible. Safran has a global presence, with 92,000 employees and sales of 23.2 billion euros in 2021 and holds, alone or in partnership, world or regional leadership positions in its core markets. Safran undertakes research and development programs to maintain the environmental priorities of its R&T and innovation roadmap.
Safran is listed on the Euronext Paris stock exchange and is part of the CAC 40 and Euro Stoxx 50 indices.
Safran Electrical & Power is one of the world's leaders in aircraft electrical systems. The company is a key player in equipment electrification and in the electric and hybrid propulsion sector. It has over 14,000 employees across 13 different countries.
Safran Ventilation Systems is a leading provider of air management systems and cooling with innovative solutions for a greener future. The team delivers high-tech solutions for the most demanding aeronautical applications.
China Aviation Supplies Co., Ltd. is the first platform company in China dedicated to aircraft material support services. CASC maintains close partnerships with domestic airlines, renowned international aircraft and engine manufacturers, MROs, and material suppliers. Committed to building a comprehensive aircraft material-sharing platform, CASC aims to become a world-class provider of integrated aircraft material support services. CASC fosters a high-quality value chain across the industry by offering one-stop solutions for domestic airline clients, promoting multi-party collaboration, and creating a win-win ecosystem.
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