Korean Aviation Engineering & Maintenance Services (KAEMS) received its first aircraft in late February, from Jeju Airlines, one of its shareholders, and expects to receive FAA Part 145 maintenance certification in June, says Park Joo Hoo, the MRO’s business development manager. This follows Korean MOLIT regulatory certification as an approved maintenance organization.
KAEMS started with Boeing 737 airframe base maintenance capability and expects to soon add Airbus A320 capability, as well. It also plans to add component, line maintenance and engine services after receiving the FAA Part 145 certification, says Park.
Its hangar can accommodate up to six narrowbody aircraft, but half of it is leased by Korean Aerospace Industries for military work. The MRO is building a second hangar that could hold one widebody aircraft and will only be used for commercial MRO, says Park.
The MRO is using Seabury Solutions’ Alkym aircraft maintenance software.
Korean Aerospace Industries is KAEMS’s largest shareholder at 65%, but others include the Korea Airports Cooperation, a government organization that holds 20%, and two South Korean LCCS—Jeju Air and Eastar Jet.
Capital investment in KAEMS is about $121 million.