Cebu Pacific Selects HAECO for A330 Maintenance

March 2, 2013

Cebu Pacific Air (PSE:CEB), the Philippines' largest carrier, has appointed Hong Kong Aircraft Engineering Company Ltd. ("HAECO") as the provider of engineering services for its fleet of up to eight Airbus A330-300 aircraft.
HAECO was voted by Aviation Week as the "Best Airframe MRO Provider in Asia." The Hong Kong-based MRO provider will provide Inventory Technical Management (ITM) and Fleet Technical Management (FTM) services for Cebu Pacific's wide-body fleet of A330-300 aircraft. The services include detailed planning of regular comprehensive maintenance checks, pool management of components, management of component repairs and overhauls, as well as 24/7 AOG support.

The HAECO group has been providing maintenance services to the world's largest Airbus A330 fleets coming from Cathay Pacific and other leading airlines in the Asia-Pacific region.

HAECO Chief Executive Officer Augustus Tang said: "We are very pleased to be chosen by Cebu Pacific, supporting the airline in the next phase of its growth. We are confident of delivering great value and operational reliability to the customer, by means of our technical expertise and operational scale of the A330 aircraft, geographical proximity between our Hong Kong hub and Manila, as well as our heritage of operational excellence."

Dornier Opens ATR MRO in Clark

Associates with Assistance Aeronautique et Aerospatiale

February 20, 2012

Iren Dornier has partnered with French company, Assistance Aeronautique et Aerospatiale (AAA) to establish a new maintenance, repair and overhaul (MRO) services for ATR aircraft in the region.

The deal was sealed Friday during the 2012 Singapore Airshow. The facility will rise at the sprawling Clark International Airport complex in Pampanga.  

David Nouvelot, AAA head for China and the Philippines, said the Clark operation is the company’s eight site, after two in France, and one each in Germany, Canada, Spain, Morocco and China.

AAA provides on-site support and technical assistance for ATR aircraft manufactured in Toulouse, France, and with over 20 years of experience in civil, military and business jet programs for all major aircraft. It has extensive expertise with Airbus and ATR aircraft.

SIA Engineering To Offer Widebody Maintenance In The Philippines

Prepares CEB's entry into Widebody market

by  Neelam Mathews

 

February 15, 2012,

Philippines carrier Cebu Pacific is starting construction of a new heavy maintenance hangar at Clark International Airport. 

The facility, which is a joint venture with SIA Engineering (SIAEC), is due to open later this year, according to Garry Kingshott, advisor to the airline’s chief executive, speaking at the Low Cost Airlines Asia conference in Singapore last week.

The joint venture, known as SIA Engineering (Philippines), is 65 percent owned by SIAEC, with Cebu Pacific controlling the rest. 

The present narrowbody hangar accommodates single-aisle aircraft with capabilities including scheduled heavy maintenance checks, airframe structural inspections, repairs, modifications, paint-stripping, painting of aircraft exteriors and nondestructive testing checks.

“Engineering and maintenance are the second largest costs after fuel, and need to be managed,” said Kingshott. SIA Engineering (Philippines) plans to build three hangars that will span 290,000 sq ft when completed.

With space at Singapore’s Changi International Airport at a premium, the facility­­­–which is located within 15 minutes’ flight time of Manila’s Ninoy Aquino International Airport and within four flight hours of major north Asian markets such as China, Korea, Japan and Hong Kong–is expected to offer a lower-cost maintenance alternative for airlines. 

Current clients of Clark-based SIA engineering include Mandala Airlines, Tiger Air and AirPhil.

LTP declares $18-M cash dividend

by Honey Madrilejos-Reyes
February 24, 2009

Lufthansa Technik Philippines (LTP) has declared a cash dividend of $18.4 million to its two major shareholders, MacroAsia Corp. of the Lucio Tan Group and Lufthansa Technik AG.

Of the total dividend payout, MacroAsia, which owns 49 percent of LTP, will get $9.016 million (roughly P433 million) while Lufthansa Technik AG will secure $9.384 million for its 51 percent stake in the joint venture firm.

The first payment of $16.2 million will be made on or before the end of March and the second payment covering the balance of $2.2 million will be done in October.

MacroAsia said they will reserve the dividend payout for future expansion plans.

LTP is the only company which provides a wide range of aircraft maintenance, repairs and overhaul (MRO) services at the Ninoy Aquino International Airport (NAIA) and the Clark International Airport.

Following the signing of the joint venture agreement on July 12, 2000 and its subsequent registration with the Philippine Economic Zone Authority (PEZA) as an economic zone locator on August 30, 2000, LTP started its commercial operations on September 1, 2000. It consistently generates both domestic and export revenues and enjoys tax incentives as a PEZA-registered entity.

LTP also has a concession agreement with the Manila International Airport Authority (MIAA) which grants the company the right to operate as a provider of aircraft MRO services at NAIA.

Among its major clients are flag carrier Philippine Airlines, Lufthansa Airlines, Singapore Airlines, Cathay Pacific Airways and other international airlines that fly to Manila.

The company also provides technical ground handling services to Air Niugini, China Airlines, Egypt Air, Eva Air, KLM Royal Dutch, Korean Air, Malaysia Airlines, Silk Air and Cathay Pacific Airways. - BM