Innotech-Execaire Teams With Aviation Supplies (HK) Ltd. For Enhanced Asian Business Aircraft Sales Presence in Shanghai, China
Toronto, April 10, 2014… Innotech-Execaire Aviation Group is continuing its service expansion in Asia with the opening of a pre-owned business aircraft sales office in Shanghai in a strategic alliance with Aviation Supplies (HK) Ltd., of Hong Kong.
The two companies have developed a strong working relationship dating back almost 30 years. Aviation Supplies (HK) is a well-established international company with offices in Hong Kong, Beijing and Shanghai.
Alfred Lau, president of Aviation Supplies (HK) Ltd., said, “This agreement benefits the fast-growing Chinese market for pre-owned business aircraft, mainly medium and long-range business jets. With Aviation Supplies’ first-hand experience in aircraft support and sales in China, we can now, uniquely, extend and expand our capabilities in Asia even further.”
Ray Kuliavas, Innotech vice president, aircraft sales, reinforced this strength. “The market in Asia must be considered a long-term proposition. Innotech has been been providing aircraft services to the region for many years, supporting the early fleet with cycle inspections, engine maintenance, interior refurbs, and graduating to major MRO and new-aircraft interior completions.”
In addition, last year Innotech sister division, Vancouver-based Pacific Avionics & Instruments, obtained CAAC Part 145 approval for aircraft avionics support, repair, overhaul and modification. Kuliavas added, “Innotech-Execaire has worked over the years at establishing and nurturing its Chinese business relationships. Expanding our services to include pre-owned aircraft sales seems only natural.”
“Since the early 1980s up to recent times, most aircraft acquisitions in China were “new”, therefore direct from OEMs. As the market has evolved and grown, there are now opportunities for sellers of pre-owned aircraft to offer their services.”
IEAG is unique in that it can offer a full circle approach with aircraft sales, and comprehensive technical support. Innotech-Execaire Aviation Group has offices and technical support facilities in Toronto, Montreal, Vancouver and London, UK.
Innotech-Execaire Aviation Group, is an established leader in business aviation with over 50 years of experience. A division of IMP Group ltd., a privately-held company recently recognized again as one of the 50 best managed companies in Canada.
IMP Group is focused on global sustainable growth, with over 5,000 experienced people delivering service, quality and value to customers across diverse sectors, such as aerospace, aviation, airline, healthcare, information technology, hospitality, and property development.