Thursday, October 25, 2018

Indian MRO Industry On Verge Of Expanding?

The MRO industry in India has taken notice as Thailand, its neighbor across the ocean, announced plans to host a full-fledged MRO venture in response to a rapid increase in the number of aircraft operating in the region.

For decades, the commercial aircraft MRO market in Southeast Asia has been controlled by leading players in Singapore, the regional aviation hub. Singapore-based companies have been providing maintenance services for airlines both in and outside the region.

Boeing and Airbus expect that carriers in the Asia-Pacific region will need about 16,000 new aircraft, valued at $2.5 trillion, by 2036. This implies huge opportunities for MRO service providers, as commercial aircraft must be inspected and maintained after every flight and overhauled every few years.

Thai Airways’ MRO arm, Thai Technical, hopes to incorporate its U-Tapao International Airport-based joint venture maintenance operation with Airbus by the first quarter of 2020, for launch in 2022. The facility will be able to support a wide range of commercial aircraft, including the Airbus A380, A350, A330 and A320, as well as Boeing types such as the 747, 777, 787 and 737.

With Thai Airways International and Airbus partnering to explore MRO business opportunities at U-Tapao, other global and domestic providers of MRO are now seeking to capitalize on the growth of the region’s commercial aviation industry.
24/10/18 MRO Network.com

0 Comments: