MRO Europe 2019: IATA Smarthub reduces costs within growing sector

Highlights from the event at ExCeL London included deals and product announcements from IATA, Safran Nacelles, Airbus and Joramco

MRO Europe put the focus on a growing sector, with announcements, signings and new products from companies from the continent and beyond.

The forecast is for 46,000 engines and 11,000 retirements over the next 10 years, coupled with 3 per cent growth per year over the same decade, leading to nearly 76,000 engine service events and 120,000 heavy airframe checks.

Highlights from the event included the launch of the International Air Transport Association's MRO Smarthub online tool which allows users to view items for sale and to more accurately assess their market value. The tool is expected to reduce material costs by up to 15 per cent across the MRO market.

Boeing introduces Aerospace Safety Committee

News from Boeing continued to dominate the sector. This year they’ve delivered 302 aircraft so far, down from 568 a year ago – and well behind Airbus’s figure of more than 570 new aircraft. Boeing has also established a permanent Aerospace Safety Committee of the board of directors to oversee and ensure the safe design, development and delivery of all their products and services as the company makes real steps to move forward.

Airbus launched a composite structure training programme at the show for damage assessment, inspection procedures and repair capabilities.

Other news and announcements from MRO Europe included Joramco, which has just become the first certified independent MRO in the MENA region from its base in Amman, Jordan.

Stronger ties between MROs and airlines

Safran Nacelles, signed an MRO agreement to cover the thrust reversers of Virgin Atlantics A330ceo fleet, a five year agreement paving the way for even stronger ties between the two companies.

Germany's Liebherr Aerospace signed a longterm agreement with Japanese commuter airline J-Air to provide landing gear overhaul for 15 of their E-Jets.

MRO Europe 2020 will take place in Barcelona from October 13-15 2020.

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