Agreements

Spirit AeroSystems joins ST Engineering to boost nacelle MRO market presence in the Middle East

Spirit AeroSystems joins ST Engineering to boost nacelle MRO market presence in the Middle East.
ST Engineering has expertise in design, build, and repair of select components on the nacelles of the Boeing 747, 767, and Airbus A330, A320neo.

Spirit AeroSystems and ST Engineering will jointly market and offer competitive value propositions, to support commercial aircraft variants for operators in the Middle East.

Spirit AeroSystems and ST Engineering have announced the signing of an exclusive cooperation agreement to provide aircraft engine nacelle maintenance, repair, and overhaul (MRO) solutions to customers in select Middle Eastern countries, including the UAE, Qatar, Saudi Arabia, Jordan, Oman, and Kuwait. The companies will leverage their expertise and experience across various aircraft platforms to jointly market and offer competitive value propositions, intending to support a significant portion of commercial aircraft variants for operators in the Middle East.

Spirit AeroSystems’ expertise lies in the design, build, and repair of select components on the nacelles of the Boeing 737 NG/MAX, 747, 757, 777, as well as the Airbus A320ceo and A330. Meanwhile, ST Engineering has expertise in design, build, and repair of select components on the nacelles of the Boeing 747, 767, and Airbus A330, A320neo. ST Engineering also holds MRO licenses for the Boeing 787 and Airbus A320neo LEAP engine nacelles, along with MRO expertise in the A320ceo and Boeing 737 NG/MAX.

“The cooperation will allow two strong MRO players to offer one-stop, comprehensive MRO solutions for our Middle Eastern customers. We will be able to pool our resources, offer our joint MRO capacity, and coordinate with our recently announced regional partners JORAMCO and GMR to deliver best-value MRO solutions. We are excited about the potential of this long-term exclusive cooperation in the region,” said Kailash Krishnaswamy, Senior Vice President, Spirit Aftermarket Services.

Spirit’s Aftermarket business has grown substantially in recent years, with the acquisition of select Bombardier maintenance, repair and overhaul operations in Belfast, Northern Ireland, and Dallas, Texas; the acquisition of assets from Applied Aerodynamics in Dallas, Texas, USA; and the signing of a joint venture agreement with Evergreen Aviation Technologies Corporation in Taiwan.

Since 2022 the last year, Spirit Aftermarket services has opened Spirit Evergreen Aftermarket Solutions (SEAS), a joint venture with Evergreen Aviation Technologies Corp. in Taiwan; signed agreements with Guangzhou Aircraft Maintenance Engineering Company Limited (GAMECO) in China, with GMR Aerotechnic in India, and with Jordan Aircraft Maintenance Company (Joramco) in Jordan, to be Spirit Authorized MRO centers, and signed a MOU with Malaysia Airlines Berhad (MAB) to develop maintenance, repair, and overhaul services.

Goh Poh Loh, Executive Vice President and Head of Component Services, ST Engineering said, “By bringing together the expertise and solution suites of both companies, ST Engineering and Spirit AeroSystems can cater to much of the nacelle MRO needs of operators in the Middle East. Under such an arrangement, customers can have the convenience of one-stop-shop services and yet enjoy a wide scope of services, which we believe is a huge value add that allows airlines to focus better on their flight operations.”

The Aftermarket business revenues of Spirit have grown from $186 million in 2019 to $311 million in 2022. Meanwhile, ST Engineering’s Commercial Aerospace business had revenue of over $2 billion in 2022, supporting airframe, engine, and components globally, and is the world’s largest airframe MRO solutions provider.

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ST Engineering supports more than 1,000 aircraft and provides integrated component solutions for over 23,500 unique aircraft parts, with more than 80,000 components delivered annually from its component MRO facilities located in Asia and Europe. Its global nacelles MRO services operate out of facilities located in the U.S., Asia, and Europe.