Industry Addendum: MRO and Components
SIA Engineering sets up line maintenance joint venture in Korea
March 1st 2020
SIA Engineering Co. Ltd (SIAEC) and Air Innovation Korea Co. Ltd (AIK) have established a six-year 51%-49% line maintenance venture that will commence operations at Korea’s Cheongju International Airport this month. Read More »
The line management partnership was formed to support inventory management, component pooling and repair and overhaul management of the A320ceo and neo fleet of new airline, Aero-K Airlines. The LCC’s strategy is to serve destinations in the region, including China, with its launch planned for this month, a date expected to change as a result of the coronavirus.
Aero-K, formerly KAIR Airlines, said it planned to operate four A320s by year-end and have a fleet of 15-20 airplanes within five years.
