Boeing’s appointment of former GE executive Kevin McAllister as its new CEO of Commercial Airplanes marks the latest and most decisive step in its aftermarket evolution.
As head of GE Aviation Services since 2014, McAllister oversaw the engine manufacturer’s cash cow, and Boeing now wants him to mastermind rapid expansion of a new business unit, Boeing Global Services.
This unit will be headed by Stanley Deal, the former CEO of Boeing Commercial Services, which is to be rolled into Boeing Global Services along with Boeing’s defense and space support business.
Boeing’s plan to build a new facility for its GoldCare aftermarket offering at London Gatwick Airport in 2017 has undoubtedly given the UK’s aviation sector a boost with the potential creation of up to 100 new jobs.
The U.S. aircraft manufacturer’s Gatwick announcement, subject to approval, follows on from a UK investment commitment targeting growth and job creation made at this year’s Farnborough Airshow – providing a timely lift amid the uncertainty emanating from June’s Brexit vote.
Yet even before the historic events of June 23, the OEM has seemingly long-viewed the UK as a key component of its European aftermarket strategy.
Bart Reijnen has succeeded Mikkel Bardram as CEO of aftermarket services provider Satair.
Estonian provider Magnetic MRO has received two new quality approvals from the International Standards Organization (ISO).
OEM incursion in the aftermarket is becoming a more pressing concern for the many MROs. However, while some see this as a challenge, others view it as a opportunity for building stronger relationships and aiding growth opportunities. Daniel James, senior associate at legal firm Stevens & Bolton, gives his perspective on the issue.
A new deal worth up to $125m for AAR Corporation to set up an MRO joint venture in South Africa to provide South African Airways Technical (SAAT) with component inventory management and repair services will boost South Africa’s MRO industry and increase access to Africa-based MRO services for carriers throughout the continent.
It also will help satisfy a strategic objective of South Africa’s government to extend aviation services contracts to black-owned firms that are certified as broad-based black economic enterprise (BBBEE) businesses.
The five-year, power-by-the-hour (PBH) deal has seen AAR set up a joint venture with South Africa-based, BBBEE company JM Aviation South Africa to support South African Airways’ fleet with nose-to-tail component and repair management. The joint venture began operations on October 1.
PEMCO has been given operation certification from Columbian aviation authority Unidad Administrativa Especial de Aviación Civil (UAEAC), enabling the US-headquartered firm to work on aircraft registered in the country.
Aftermarket specialist AAR has confirmed the acquisition of aircraft painting stripping and washing business Sonic Aviation.
It said buying Sonic Aviation, which is headquartered at Miami International Airport, will complement its own aircraft painting business while adding a new capability across its five North American repair stations along with it global parts supply and repair business.
Sonic’s strip and wash services also includes ground support equipment.