PEACHTREE CITY, United States, July 18 (Xinhua) -- Upon entering the office of Aventure, an aviation parts supplier based in Peachtree City, southern U.S. state of Georgia, people are immediately attracted by the aircraft models of different types displayed in the center of the reception hall.
That was an epitome of Aventure's line business, which supplies aviation parts and components, repair management for commercial airlines, regional operators and military air forces as well as maintenance, repair and overhaul facilities worldwide.
After 17 years of rapid development, the company is now pinning high hopes on the Chinese market. "We are focusing on our efforts towards China," Zaheer Faruqi, Aventure's founder and president, said in an recent interview with Xinhua.
Faruqi said although Aventure just started working with Chinese companies, including Boeing Shanghai Aviation Service and some Chinese airlines, several years ago, he "can see a growth path" as China's airline industry is booming.
"As long as people are using the air transportation, there's always going to be a demand for an airplane and when you have a demand for airplanes, then you have a demand for aircraft spare parts," Faruqi explained.
"Airbus and Boeing have a huge prediction of new aircraft orders, so there will be a demand, especially from China," he said.
As an aviation aftermarket supplier, Aventure gets aircraft parts through basically dismantling retired airplanes, which the company carefully selects and buys based on their technical records.
From each plane, no more than 2,000 parts, ranging from seats to starter motors, would be removed, then refurbished, overhauled or repaired by authorized processors and be eventually made available to the airline industry.
It is a common practice worldwide to use both brand new and refurbished parts to maintain an airplane, as regulated by aviation authorities, according to Faruqi.
He said many airlines only want new parts that are actually much more expensive and sometimes difficult to be acquired, which would force an airplane pending maintenance to be grounded for weeks or so.
Using refurbished parts, which are immediately available in most cases, is a cost-effective solution and those parts are handled by processors and shops approved by the Federal Aviation Administration and meet all the requirements from the manufacturer's point of view, said Faruqi, who has been working in the aviation industry throughout his career.
Close to 70 percent of Aventure's business comes from abroad. Besides China, it has built business relationship with countries from South and North America, Europe, the Middle East and Africa, and opened offices in Canada, Turkey, United Arab Emirates and Latvia.
Although the company's export hasn't been directly affected by the U.S. trade disputes with other countries, Faruqi said he hopes that they could be solved soon, as he shares concern of other U.S. businesses.
"Tariffs may not go away easily and tariffs hurt business," said Faruqi, adding that imposing tariffs "is unnecessarily burdening the customers and burdening us as an American company."
The Trump administration has used the Section 232 to unilaterally impose high tariffs on steel and aluminum imports on the grounds of national security, drawing strong opposition from the domestic business community and U.S. trading partners.
Faruqi also told Xinhua that his company plans to attend an airshow in Zhuhai, a city on the southern coast of China's Guangdong Province, slated for November this year, with an eye to strengthening its business relationship with Chinese clients.
"We are very eager to do business with them," he said.
Besides the Chinese market, Aventure is also looking closely at the Beijing-proposed Belt and Road Initiative for more business opportunities in other countries benefiting from the modern version of the ancient Silk Road.
"No matter where the Belt and Road goes, that part of the world is going to prosper," Faruqi stressed.
"That means there will be more trade opportunities and new airports around the areas," which will also encourage local products to be exported, said the entrepreneur, adding that that's where the aviation industry would come into play and involve Aventure.
"We see that there will be opportunities and development in local markets," Faruqi said. "We want to be part of it."
