International Finance

Global Aerospace to establish bonded warehouse for aircraft

Global Aerospace aircraft warehouse
The facility will ensure availability of aircraft spare parts in the UAE and MENA region

Global Aerospace Logistics has signed a contract with the China National Aero-Technology Import & Export Corporation (CATIC) to establish a bonded aircraft spare parts warehouse in Abu Dhabi. The deal is currently in its execution phase, according to the local media report. 

The agreement was signed by the two companies during the visit of His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces to China this year.

The Global Aerospace logistics facility will improve availability of aircraft spare parts in the UAE and MENA region—and drastically reduce repair times from months to weeks. Under the terms of the agreement, both Global Aerospace and the China company are working toward developing the 1,440-square-foot aircraft warehouse facility. The facility is located near  Abu Dhabi International Airport. 

Sheikh Mohammad bin Hamad bin Tahnoon Al Nahyan, vice-chairman of Global Aerospace, told the local media that, “Since its establishment, GAL has been a regional leader in aircraft sustainment solutions. Our collaboration with CATIC is certain to solidify that position, as aviation customers continue to challenge the industry service providers to deliver innovative solutions to complex MRO and supply chain requirements. The bonded warehouse facility will significantly boost domestic MRO capabilities, and minimise the logistics associated with sourcing critical components from international vendors, resulting in substantial time savings and enhancing our customers fleet availability.” 

Global Aerospace Logistics is a leading  integrated aircraft sustainment solutions provider for military and civilian entities. The company has partnered with  AAR, Airbus Helicopter, Bell, Pratt & Whitney, Boeing and Leonardo to help clients ensure fleet preparedness.

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