ST Engineering, Vietnam Airlines to explore airframe MRO in Vietnam
HANOI - To cater to both Vietnam Airlines and rising Asia-Pacific needs for aircraft Maintenance Repair and Overhaul (MRO) services, ST Engineering is exploring establishment of an airframe MRO joint venture in Vietnam with Vietnam Airlines and other potential airline partners.
The JV would operate out of Vietnam Airlines' facilities at Noi Bai International Airport in Hanoi and Tan Son Nhat International Airport in Ho Chi Minh City to provide base maintenance services.
ST Engineering is a global technology, defence and engineering group specialising in the aerospace, electronics, land systems and marine sectors. The Group employs about 22,000 people across offices in Asia, the Americas, Europe and the Middle East, serving customers in the defence, government and commercial segments in more than 100 countries.
Duong Tri Thanh, President & CEO of Vietnam Airlines, said: "The establishment of a joint venture will bring more aircraft and added value to Vietnam. Likewise, it will help improve the technical level of the domestic aircraft maintenance industry as well as the competitiveness of the national airline."
S NT Engineering set n up its first MRO component facility in Vietnam in June 2019. www.vietnamair.com