Asia-Pacific Aerospace Briefs Today
October 6th 2023
Today's briefs report news from Aircraft Maintenance & Engineering Corporation, Alton Aviation Consultancy, Embraer, Honeywell, Nidec Corporation, Safran and Thales. Read More »
Regulators have approved the establishment of Nidec Aerospace, an Embraer-Nidec Corporation joint venture intended to develop electric propulsion systems for the aerospace sector.
Honeywell has signed a 10-year auxiliary power unit maintenance authorisation agreement with Air China subsidiary, Aircraft Maintenance & Engineering Corporation.
Spending on aviation MRO services is forecast to increase from US$112 billion in 2023 to US$138 billion by 2033, an Alton Aviation Consultancy report forecasts.
Safran has concluded the acquisition of the Thales aeronautical electrical systems business covering electric conversion, power generation and motors for civil and military aircraft. The transaction, announced in September 2022, includes Thales Avionics Electrical Systems and Thales Avionics Electrical Motors businesses.
