50 SKY SHADES - World aviation news

Airbus highlights growing services business at MRO Asia-Pacific in Singapore

Download: Printable PDF Date: 06 Nov 2017 04:04 categories:
Publisher:
Airbus highlights growing services business at MRO Asia-Pacific in Singapore - Maintenance / Trainings publisher
Tatjana Obrazcova
Country: Singapore Aircraft: Airplanes

Airbus had a significant presence at the MRO Asia-Pacific exhibition last week, with the company and its subsidiary Satair each having a stand and several executives speaking about the future of the maintenance business at a related conference.

The show allowed the company to highlight its growing presence in the increasingly important Asian maintenance, repair and overhaul (MRO) market.

Over the last year Airbus has taken full ownership of Malaysia’s Sepang Aircraft Engineering and expanded its capabilities, and set up the MRO Alliance that includes Taiwan’s China Airlines and China’s GAMECO as members. In March, the company signed a MOU with Thai Airways to evaluate a new MRO facility at U-Tapao international airport near Bangkok, Thailand. In addition Airbus and SIA Engineering Company (SIAEC) also incorporated a new joint venture Heavy Maintenance Singapore Services in October 2016.

Airbus also showcased Skywise, its cloud-based digital platform which contains operational and technical data that airlines can access to make predictive and preventive maintenance decisions. Asian carriers such as AirAsia and Peach are among its launch customers.

At the show, Airbus signed agreements with China Airlines and ST Aerospace to deepen their collaboration in the MRO business. Satair, which supplies aircraft parts globally, inked contracts with China Airlines and VietJet on the provision of materials and spares. It also signed a deal with Pratt & Whitney on the distribution of engine components.

Speaking at the show, Bruno James, Head of Customer Services Business Development and Projects, Airbus, said that the company aims to grow its services business by double-digit figures every year, and added that Asia will have a big part to play in that.

“Our ambition for Asia is for the region to showcase innovation in the services business. There is the right industrial set-up, the right open-mindedness and can-do attitude, and the right technical and soft skills in the region. This fosters a more dynamic and open approach towards innovation,” added Bruno.

Airbus forecasts that Asia will account for 36% of the global MRO business by 2036, and this will be worth $660 billion over the next 20 years. This will be driven by a 4.5 percent growth in the MRO business in the region over the same period of time, compared to 3.9% globally.



Loading comments for Airbus highlights growing services business at MRO Asia-Pacific in Singapore...


Recommended

Latin America and Caribbean’s in-service fleet to more than double by 2036

Region’s economy predicted to grow above world’s average in the next two decades From 2017-2036 Latin America and the Caribbean will need 2,677 new passenger and freighter aircraft to m...

Dubai Airshow 2017: Airbus ‘makes it fly’ with 510 aircraft orders and commitments

Impressive numbers announced at the biennial aerospace industry event The Airbus product line of commercial jetliners, military airlifters and helicopters reached new heights at this week’s D...

Airbus and China Aviation Supplies Co., Ltd. Sign a MoU on Cooperation for Support and Services in China

Airbus has signed a Memorandum of Understanding (MoU) with China Aviation Supplies Co., Ltd.to enhance the cooperation between the two parties and jointly provide support and services solutions for Ch...

The PAZ satellite heads towards its launch base

Spain’s first radar satellite will be shipped next month to Vandenberg/USA ready for launch on 30 January 2018 The high resolution radar, Earth observation PAZ satellite, intended primarily t...

Russian Ka-226T helicopters can be assembled in India for third countries

Russia’s Kamov Ka-226T helicopters assembled in India may be supplied to third countries after Russia fulfils the basic contract for the delivery of 200 such rotocraft to that country, Rostec Co...

Russian Helicopters lands first export order for Mi-171A2

Russian Helicopters has signed a contract with India’s Vectra Group to deliver a single Mil Mi-171A2 medium utility rotorcraft. This first export contract for the type was signed at Dubai Air Sh...

Boeing, Avolon Finalize Deal for 75 737 MAX Airplanes

Agreement includes firm orders for 55 MAX 8s, 20 MAX 10s and options for 20 MAX 8s Dublin-based lessor joins growing customer base of the 737 MAX 10, the newest member of Boeing's 737 MAX famil...