ST Engineering has been appointed by Honeywell to provide component MRO and warranty repair services to all Asia-Pacific operators for its components installed on CFM International Leap engines.
As part of a 10-year agreement, the Singapore-based company becomes the only provider of the capability in the Asia-Pacific region for the engines powering Airbus A320neo family, Boeing 737 MAX and COMAC C919 aircraft.
ST Engineering says the component MRO services will compliment its existing repair offerings. Its ties with Honeywell go back to Leap predecessor engine type the CFM56. In 2019, it joined the Honeywell Channel Partner network, which enabled it access to Honeywell’s maintenance document and technical support for more than 2,000 individual part numbers comprised of avionics, electrical and mechanical parts.
ST Engineering is working to establish an infrastructure for Leap repair aftermarket capabilities. Just under one year in February 2020, it became signed a contract with CFM to provide services from its main facility in Singapore.
Through the agreement, ST Engineering was given the rights to the use technical data to carry out MRO work on the LEAP-1B variant, which is the sole engine option for the Boeing 737 Max.
Despite the past few years presenting challenges emanating from the Max’s technical issues and the hit to the commercial aviation market from Covid-19, the Leap program is still anticipated to grow at a strong pace over the next decade.
Aviation Week’s Fleet & MRO Forecast data projects a $75.5 billion aftermarket by 2030. By that year, around 37% of MRO spend in the segment is expected to go towards component services.