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Volume 14,Issue 3 Autumn 2012

XAIZ posted USD1.192 billion on import/export


The Xiamen Aviation Industrial Zone (XAIZ) is showing strong signs of growth over the first three quarters of 2007. Based on statistics provided by the Xiamen Customs, from January to September alone, enterprises in the XAIZ have handled a total export/import volume of USD 1.192 billion of bonded maintenance aviation material, creating a historic high for XAIZ. The data also confirms that during the first three quarters, there were a total of 151 movements of aircraft flying in and out of the XAIZ, and aircraft finishing maintenance and retrofit were being accomplished in an average of four days. In addition, the XAIZ has developed remarkably in recent years, attracting some world-famous names in aviation enterprises -- such as Boeing, GE Engine Services (Xiamen) Co. Ltd., Honeywell TAECO Aerospace (Xiamen) Co. Ltd., Goodrich TAECO Aeronautical Systems (Xiamen) Co. Ltd. -- to invest and establish their respective workshops in the XAIZ. More recently, it attracted three additional major projects, such as aircraft engine maintenance, TAECO aircraft parts design and manufacture, and aircraft landing gear maintenance, during the 11th China International Fair for Investment and Trade held on September 8 in Xiamen.

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