Aerochine Aviation, a China-based helicopter company, has announced it has sold its Chinese MRO business, Zhenjiang Aerochine Aviation Ltd., to US aviation company Bell Textron to provide MRO services to all operational models, the company said.
Terms of the transaction were not disclosed.
The acquisition enables Bell to directly provide MRO services Bell 505, Bell 407, Bell 429, Bell 412 and legacy models, to operators 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.
Aerochine Zhenjiang MRO was a part 145 company certified by the Civil Aviation Administration of China. In November of that year, the company was appointed as an authorised customer service centre by Bell. Zhenjiang Aerochine was a wholly-owned subsidiary of Aerochine Aviation Ltd.. In 2009, Aerochine was appointed as an authorised Independent Representative of Bell in China.
Aerochine Aviation is a portfolio company of Dragon General Aviation Group. With full support from Bell, Aerochine offers state-of-the-art helicopters to cater for commercial, EMS, homeland security and offshore oil and gas operations and provide world-class customer services, spare parts, maintenance, repairs and financing.
Dragon General Aviation Group is a model of general aviation expertise and performance.