Hong Kong, Nov. 20 -- The China Aviation Administration of China (CAAC) has accredited MRO and aircraft part out joint venture, FL ARI Aircraft Maintenance & Engineering Co. Ltd, to undertake airliner disassembly.

It is the first company in the new industry sector to be certified under the CAAC's CCAR-145 civil aircraft maintenance organization certificate regulations.

The subsidiary of Hong Kong-based lessor, CALC, said the number of retired aircraft is growing in China and this trend has shifted the focus of the disassembly business to fleet upgrades for airlines.

The CAAC's new rules aim to improve the quality of materials from aircraft part outs and to upgrade the industry in China to conform with global standards.

CALC Group deputy...