Locatory.com signs cooperation agreement with HNA Technic
Aircraft spare parts and repair capabilities marketplace Locatory.com is further expanding its presence in Asia by signing a contract with HNA Technic, MRO unit of the HNA Group – biggest private airline group in China. The Asian company will conduct its spare parts trade on behalf of 20+ airlines using Locatory.com.
HNA Technic will be listing over 20 000 commercial aircraft parts on the marketplace as well as purchasing spare parts through the system for airlines it represents including Hainan Airlines, Tianjin Airlines, Beijing Capital Airlines, Lucky Airlines etc. In total, over 300 aircraft will be supported via purchases and trading activities on Locatory.com.
“It is an important step for us on the road towards broader prominence among companies in Asia. The region is home to over 6000 aircraft and with the fleet expected to triple in following two decades, it is without a doubt, a market where we see the essential need for reliable spare parts supply chain,” explains Dainius Meilunas, the CEO of Locatory.com. “Current estimations predict China to be the fastest growing in the region in terms of passenger numbers and aircraft deliveries, thus, we are delighted to start our service expansion in Asia by engaging in a partnership with one of the leading companies in this thriving region.”
“We are looking forward to expanding our sources for AOG requests and inventory sales channels globally through the cooperation with Locatory.com,” commented the deal Ken Yuan, General Manager of Purchasing Department at HNA Technic.
Locatory.com is a member of the Avia Solutions Group family – an international, publicly traded aviation holding company with over 20 subsidiaries worldwide.