BEIJING - Saturday, March 9th 2013 [ME NewsWire]
(BUSINESS WIRE)--GA Innovation China ("GAIC”), a subsidiary of Air China, Ltd. and GA Telesis, LLC, had its grand opening ceremony on March 5, 2013 at the Qin Han Ballroom at the Beijing Hilton. In attendance were officials, executives, dignitaries and representatives, of Air China Holdings, Air China, Ltd., officials of the CAAC, local government officials, aircraft manufacturers' MROs, Banks and officials of the importation and customs, to show their utmost support for this first ever venture in China.
In this very well attended ceremony in Beijing, the companies celebrated the receipt of their formal government license to do business as GA Innovation China, a 50/50 joint venture that will be based in Beijing. The joint-venture will be the only China-based integrated aircraft trader/lessor of mid-aged used aircraft and will also include a full-scale aircraft disassembly and redistribution business covering the entire Asia
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