(Miami, 22 December 2023) - China Aircraft Leasing Group Holdings Limited ("CALC" or the "Company", together with its subsidiaries, the "Group"; SEHK stock code: 01848), a full value chain aircraft solutions provider for the global aviation industry, is pleased to announce the official opening of its new office in Miami, US. CALC and its aircraft aftermarket arm, Universal Asset Management, Inc. (UAM) celebrate the 30th anniversary of UAM’s establishment with a special gathering of CALC and UAM teams, business partners and industry stakeholders in the new Miami office.
UAM is an FAA P145 and Aviation Suppliers Association (ASA) certified entity and the first Diamond status accredited through the Aircraft Fleet Recycling Association (AFRA) in the industry. From 1993 to today, UAM has been successful at evolving and changing to stay ahead of aviation aftermarket. During the past three decades, UAM has become not only a leader in the disassembly and components sales industry but also built up a full midlife to disassembly platform with engine, aircraft, and trading capabilities. Since 2018, UAM has been offering its services to over 3,000 customers, completed over $480 million in component sales, and conducted on-site or off-site disassembly work for over 400 aircraft using accredited AFRA-based methods. With a solid proven track record, UAM will continue to expand and increase its reach in the aircraft midlife sector. Riding on a strong commitment to driving aviation sustainability, CALC’s aftermarket platforms will continue its growth in the global market.
Ms. Winnie Liu, Executive Director and Commercial Officer of CALC, said “We are thrilled to commemorate the 30th anniversary of UAM in our newly established Miami office. We extend our heartfelt thanks and congratulations to the entire team for their unwavering commitment and hard work throughout the years. As a service platform of our aftermarket arm, UAM will continue to work together with us to provide professional and up-to-date solutions to our customers, achieving maximum efficiency across the entire value chain and promoting the green development of the industry.”