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

400th Gulfstream G650 aircraft delivered

Congratulations Gulfstream Aerospace on the delivery milestone - the 400th Gulfstream G650! The record-breaking, ultralong-range extended-range Gulfstream G650ER will be based in the U.S.&nb...

The Air Charter Association looks back on what is done in 2019

The Air Charter Association is holding its final Council meeting of 2019 on December 11th. This will be a time to reflect on the major steps forward the Association has made this year; the year of its...

First airline to raise funds tied to United Nations Sustainable Development goals

The first airline to secure funding for a project based on its compatibility with the Sustainable Development Goals of the United Nations is Etihad Airways! Through a partnership with First...

New SkyTeam lounge in Istanbul designed by Brandimage

December 5, 2019 became special in Istanbul’s new airport - SkyTeam has officially opened the doors to its seventh branded lounge, designed by Brandimage. The facility locate...