Lufthansa Technik will aid Meggitt’s growth in China by repairing some of the OEM’s components from its repair center in Shenzhen.
The agreement, announced at the Paris Air Show on Thursday (June 20), will see parts such as heat exchangers, valves, fire detectors and fire suppression undergo maintenance at Lufthansa Technik Shenzhen, the China-based facility set up by the German MRO giant in 2002 as a joint venture with Beijing Kailan Aviation Technology.
Services will be conducted for Chinese operators from the 270,000 sq. ft. facility, which adds to Meggitt’s Asia-Pacific footprint. The UK-headquartered company operates its Meggitt Aerospace Asia-Pacific business in Singapore’s Seletar district.
“This is a long-term partnership for the fastest growing market in the world and combines Meggitt’s OEM know-how with Lufthansa Technik MRO expertise,” says Stewart Watson, president of Meggitt’s Services and Support division of the Lufthansa Technik link-up. “We have invested significantly in all our facilities across Asia as part of our investment program in the region and have an established Singapore center of excellence which opened in 2012.”
Aviation Week’s MRO & Fleet Forecast data projects an annual MRO growth rate of 4.1% from 2019 through to 2028. By 2028, it predicts China’s aftermarket value will stand at $15.5 billion.