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.
In late 2019, the newly established British School of Aviation acquired the former Monarch Aircraft Engineering Training Academy in Luton, UK. Anoop Singh Bamrah co-founder and chief operating officer at BSA, tells James Pozzi about how the school plans to become a world leader in maintenance technician training.
United Technologies Corp. (UTC) says its commercial aftermarket business is being hit by ramifications from the Boeing 737 MAX grounding and could see additional headwinds linked to the coronavirus outbreak, but executives are confident that any dip will be short-lived.
Still suffering from the 737 Max grounding, Boeing continues to be optimistic about the services market, forecasting it will be worth $3.1 trillion over the next 10 years, of which a little more than half will be for commercial aircraft services.
Aviation Technical Services’ announcement that it has purchased a Boeing 767-3G5ER for teardown to increase inventory of available parts at its Dallas/Ft.
Next Level Aviation, a supplier of used serviceable materials (USM) for all Boeing and Airbus platforms, will look to grow its core engine material resources after a $15 million equity investment from investment company Turning Rock Partners earlier this month.
New material supply will likely remain a challenge for U.S. engine specialist StandardAero in 2020--a scenario that will directly influence its ability to ramp-up in response to customer demand.