Dassault, Aerospace Products Sign Spares Agreement
Under the expanded agreement, API’s Shanghai distribution center will provide parts logistics services for all Falcon needs, including AOG events, in China and surrounding markets. As part of this supply chain program, API will stock spare parts in its bonded warehouse in Shanghai and provide import and export services, customs clearance and parts dispatch. To meet the requirements of the updated agreement, API will expand its warehousing capacity fourfold.
“API is pleased with the progress we have made in our partnership with Dassault,” said Dr. Ahmed Metwalli, API president and COO. “The aviation logistics and global spare parts distribution expertise within our Shanghai operation provides around-the-clock support to Dassault Falcon’s customers in the region.”
John Rosanvallon, president and CEO of Dassault Falcon, expects that there will be 25 Falcons based in China by year-end, up from eight at the beginning of the year.