Aviation news analysis
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

MC-21 passenger jets to be certified in 2020

Certification of MC-21 passenger jets currently undergoing trials will take place in 2020 according to the plan, President of the United Aircraft Corporation Yuri Slyusar said on Tuesday on the air wi...

First Boeing 787 Dreamliner for WestJet

First of ten Boeing 787 Dreamliners was delivered to WestJet, marking the start of the airline's global expansion. Having long operated a fleet of Boeing single-aisle jets, WestJet will use the su...

KlasJet makes Big Bang in business aviation

European business aviation company KlasJet has finished 2018 with a big bang. The company has extended its fleet with three Boeing 737-500s. Growth of the fleet is one of the cornerstones of KlasJet&r...

S7 Technics’ Moscow base is ready to welcome the Boeing 737 MAX

S7 Technics, Russian provider of maintenance, repair and overhaul (MRO) services, has prepared its Moscow’s Domodedovo airport site for the maintenance of the latest generation of Boeing 737 MAX...