Hong Kong SAR, April 22, 2021 – Topcast Aviation Supplies Co., Ltd. (“TOPCAST”), a world-leading aircraft distributor and MRO service provider, and Honeywell Aerospace signed a five-year distributor agreement in March 2021, covering the exclusive distribution of Mechanical Components, including the Starter Generator, Mechanical Systems, and Air and Thermal LRUs (line-replacement units), on Boeing 737NG aircraft in Mainland China.
This cooperation is set to lead the way with the delivery of Honeywell’s high-quality and integrity aftermarket mechanical products. Mainland China is the second largest region for the 737NG aircraft model – counting over 20% of the global market size. The new agreement expands TOPCAST’s portfolio to meet Honeywell’s diverse customer base, and represents TOPCAST’s and Honeywell’s first joint advancement into the global commercial aviation aftermarket.
Steven Pearson, Chief Executive Officer of TOPCAST said “We are very pleased to develop our strategic relationship with Honeywell Aerospace and build a more comprehensive aftermarket platform. We strive to provide stellar products and MRO services to our customers that can fortify the future of flying.”
Craig Winfrey, Vice President of Corporate Strategy and Business Development of TOPCAST adds, “With this new collaboration with Honeywell, we are scaling our business to prepare for the rapid recovery of the aviation industry in the post-pandemic era. We are optimistic and passionate about the industry’s continued growth.”
Honeywell Aerospace products and services are found on virtually every commercial aircraft. Its hardware and software solutions create more fuel-efficient aircrafts, more direct and on-time flights, and safer skies and airports.