Maintenance, repair and overhaul (MRO) providers must make use of lower labour costs and form local joint ventures and partnerships to maximise the potential of the Asia-Pacific market, says consultancy Frost & Sullivan. It estimates the Asia-Pacific MRO market could be worth as much as $13 billion in 2011, but warns that Western companies will fail to capture a large share of this unless they use local resources.
Source: Flight International
Air New Zealand and Pratt & Whitney have broken ground on an extension to their joint Christchurch Engine Centre, with an aim to boost MRO capacity for PW1100G engines.
SIA Engineering (SIAEC) remains optimistic about “healthy” air travel demand in the near-term, as it sees opportunities in ongoing aircraft delivery delays.
HAECO and Comac have signed a memorandum of understanding to expand airframe, engine and component MRO services.
