Leading aircraft parts distributor and MRO service provider Topcast Aviation Supplies (TOPCAST) has acquired Shanghai-based AML Aviation Technologies (AML), an approved aircraft components maintenance firm. The move by Hong Kong-based TOPCAST comes as part of a strategy to grow its footprint in mainland China amid the burgeoning growth of MRO services.
Steven Pearson, CEO of TOPCAST, said: “This acquisition positions [the] TOPCAST business well for the future of aviation dynamics in mainland China. We expect our MRO services to increase further its level of efficiency, economies of scale, improved business operations and lower costs. We look forward to making an active contribution to the current strong demand of cargo freight for medical supplies and preparing [for the] industry recovery.”