Aries Aerospace, a 55 Group company, has entered into a teaming agreement with North American Aerospace Industries (NAAI) to offer first-of-its-kind sustainable end-of-life aircraft services. The agreement assures 100 percent aircraft recycling, enabling the industry to advance its Environmental, Social, and Governance (ESG) goals. “This is a great opportunity for us to expand our service offerings while solving one of the biggest challenges facing our customers. We all care about our planet and aviation is desperate for innovation leading to more sustainable choices across the entire lifecycle of aircraft, especially when making end-of-life disposal decisions,” said Steve Haro, CEO, Aries Aerospace.
Haro also shared, “By working together, both organizations will give aircraft owners a seamless path to improved sustainability and profitability because of efficient teardown costs, worldwide distribution channels, state of the art recycling processes, and most importantly, making more responsible end-of-life decision for the disposal of aircraft will help protect our planet. Aircraft owners whether airlines, lessors, or financial institutions, are all feeling the pressures from shareholders to go beyond simply exploring current efforts like sustainable aviation fuels (SAF), and challenging executives to do more to demonstrate their commitment to the company’s ESG goals. We are announcing to the aviation industry that we’re here to give aviation executives another tool by letting them recycle every part of an aircraft to avoid putting more scrap and waste into the ground, in other words, helping the industry do the right thing.”
“Together, Aries and NAAI stand out in the industry as leaders in their efforts toward true recycling. Industrywide, there are thousands of abandoned aircraft all over the world, and the few that get torn down are only 75 percent recycled at best, with the rest going in landfills,” said Sven Koechler, CEO, North American Aerospace Industries. “Though we have a special focus on the aircraft in Roswell, New Mexico, we have mobile teams ready to go anywhere in the world to recycle an aircraft. Through our relationship with Aries Aerospace, we are continuing to offer our proprietary methods for recycling and upcycling to companies interested in complete sustainability.”