Singapore, 17 September 2025 –
Satair, an Airbus Services company, Airbus (Chengdu) Lifecycle Services Ltd. (ALS), and Guangzhou Hangrun Technology Co., Ltd. (Hangrun Technology) have signed a Tripartite Memorandum of Understanding (MoU) for joint strategic cooperation. This non-binding agreement outlines a five-year collaboration for aircraft end-of-life solutions. The partnership aims to provide a comprehensive, one-stop service for aircraft dismantling and the distribution of Used Serviceable Material (USM).
Under this agreement, Hangrun Technology will provide 15 aircraft over a five-year period to ALS for dismantling. The USMs from these aircraft will be distributed and sold by Satair’s Chengdu entity (SC), leveraging Satair’s global distribution network. This strategic collaboration is designed to provide customers with a single, streamlined solution for the management of mature assets and the opportunity to generate more profit from USM sales.
This new agreement builds upon the existing consignment relationship between Satair Chengdu and Hangrun Technology, which was established earlier this year with an A330 airframe. The tripartite MoU marks a significant step forward in mapping out a long-term cooperation between the three parties.
Andy Lee, Managing Director of Satair China, noted, “This tripartite cooperation provides a unique, one-stop end-of-life aircraft solution for our customers. By combining our global USM sales network with ALS’s capabilities, we are helping our customers handle their mature assets in a profitable and streamlined way.”
Mr. Peng Xiaofeng, Chairman of Hangrun Technology, added: “We are pleased to formalise our strategic partnership with Satair and ALS. This MoU will streamline our aircraft dismantling processes and ensure that the USMs are distributed through a trusted global partner. It is a significant step forward in our long-term collaboration and commitment to the industry.”
This strategic agreement marks a significant milestone for all three parties, ensuring a cohesive approach to aircraft end-of-life management. The unique aspects of this agreement include the comprehensive, one-stop nature of the solution, which highlights the strong, collaborative partnership between the three companies.
