SINGAPORE--Ameco has signed a memorandum of understanding with Asiana Airlines for the provision of MRO services, including line maintenance and release, component repair and IAE V2500 engine overhaul.
The deal was inked at MRO Asia-Pacific on Nov. 7, and is an extension of a five-year contract signed earlier this June that covers the repair and overhaul of more than 40 V2500 engines.
The Beijing based company will also open a new upgraded V2500 engine overhaul workshop this month, which can accommodate six engines for disassembly, balance and assembly, a capacity increase of 70%.
Ameco and AAR also signed a strategic cooperation agreement, to support the repair of Rolls-Royce RB211 engines in China. An Ameco spokesperson says there is still plenty of opportunities for the engine type in China, such as air freight company SF Airlines, which has a fleet of Boeing 25 757-200Fs.
“We have been in the Chinese market for over 15 years and it contributes 40% of our revenue in Asia,” says Colin Gregory, AAR VP sales for Asia-Pacific. “ We have been partners with Ameco for many years, but this will be our first with the RB-211 engines.”