Aerochine Aviation, a portfolio company of Dragon General Aviation Group, said Thursday (16 July) it has sold its China MRO business Zhenjiang Aerochine Aviation to Bell Textron. Financial terms were not disclosed. The acquisition enables Bell to directly provide MRO services to all operational models, including Bell 505, Bell 407, Bell 429, Bell 412 and legacy models, to operators in China. Founded in 2016, the Aerochine Zhenjiang MRO was as part 145 company certified by the Civil Aviation Administration of China (CAAC). In November of that year, the company was appointed as an authorised customer service centre (CSF) by Bell. Zhenjiang Aerochine was a wholly-owned subsidiary of Aerochine Aviation. In 2009, Aerochine was appointed as an authorised Independent Representative of Bell in China.
“In celebrating Aerochine’s 10-year anniversary as a Bell Independent Representative, the sale of the MRO operation is a vote of confidence in, and recognition of, the company’s contribution to the China market. We will continue to work alongside Bell to serve our customers,” said Diana Chou, founder and chairman of Aerochine.
“Bell is known worldwide for its industry leading support and services, and this milestone will enhance our award-winning customer service in China,” said Michael Reagan, director of Bell Support & Services – International. “The growing fleet in China warrants an in-house Original Equipment Manufacturer (OEM) MRO centre, so we decided to further increase our investment in China.”