A components joint venture in Singapore between AFI KLM E&M and Sabena Technics has been formally opened.
Seven months after finalising their partnership agreement, the two companies opened Singapore Component Solutions (SCS) with an official ceremony during the Singapore Airshow. The JV is being led by co-CEOs Jacques Montmayeur and Thibaut Campion.
The companies stated the two CEOs will co-direct “one of the region’s leading multi-product and multi-fleet operators, a nimble, high-performance MRO backed by the logistics centers and regional parts inventories of their parent airlines and by their own technical expertise.”
Initially focusing on ATRs, SCS has added the Airbus A320 family to its repair offering, covering a range of avionics, mechanical, hydraulic and pneumatic components as well structural parts and cabin and safety equipment.
“This joint venture is a chance for us to build up activity and develop our repair shop,” said Campion. “In 2018, we will be increasing our footprint by taking over three new buildings at Seletar Aerospace Park. We also intend to double our workforce in 2018, to reach 200 staff in 2022.”
Montmayeur added the JV represented “an unparalleled opportunity for our two groups to rapidly ramp up their capacity while simultaneously remaining flexible and responsive.”