UK independent MRO Caerdav expects its pending multi-million-pound investment from the Middle East, which will lead to new facilities and training capabilities, to be finalized in the new few months.
In a record year for its MTU Aero Engines parent group, revenues in the commercial aftermarket division of MTU Maintenance declined slightly in 2019 as a result of changes related to ordering and billing processes for V2500 aftermarket work.
Low-cost carriers generally start out as vigorous MRO outsourcers. As they grow and achieve fleet scale, many bring more work inside and may even think about doing third-party work for other airlines.
MRO providers represent a growing source of competition for established engine lessors, a fact underlined by Total Engine Asset Management’s move to grow its portfolio of spare engines for rent.
Technician recruitment is a challenge impacting all parts of the world. This is very much the case in Australia, a country where MRO providers are looking at the tips and traps for recruiting new aviation mechanics.
The coronavirus outbreak and trade tensions with the US may mean that China has sunk down the list of attractive business destinations for the time being, but Western MRO companies remain committed to a country where many have already accumulated substantial experience.
Singapore Technologies (ST) Engineering has signed a license agreement with CFM International to provide MRO services for the Boeing 737 MAX’s LEAP-1B engine.
Engine companies’ position at the forefront of technological change in the MRO sector has been highlighted by Pratt & Whitney’s latest revelations about its aftermarket operations in Asia.
Despite Lufthansa Technik’s ownership of 25% of Ameco, China’s largest maintenance provider, Lufthansa Airline has sent some important work south, to another major Chinese MRO.
Aerospace equipment OEM Collins Aerospace plans to add wheels and brakes maintenance capabilities at a new facility it opened in late 2019 in Fort Worth, Texas.
To tap on the demand for MRO services in Vietnam and the region, Singapore Technologies Engineering has signed a MOU with Vietnam Airlines to study an airframe MRO services joint venture in Vietnam’s Hanoi and Ho Chi Minh City.
TP Aerospace commenced operation at its new MRO facility in Orlando, Florida in late 2019 and the move to the larger location will better position it to service customers in Central and Latin America as well as the U.S. east coast.
Middle Eastern engine MRO Sanad Aerotech has moved forward with its African expansion plans by signing a cooperation with Ethiopian Airlines to jointly build an MRO center of excellence on the continent.
After several years of lagging aircraft retirements, there are signs that an expected wave of removals is imminent if not underway, which will provide much-needed used-parts feed for several popular engine platforms.
