Vietnam Airlines to set up airframe maintenance company
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Vietnam Airlines has inked an agreement with Singapore-based ST Engineering Aerospace (STEA) to explore a joint venture doing airframe maintenance work.
The venture, to be set up using Vietnam Airlines facilities at Hanoi’s Noi Bai International Airport and HCMC’s Tan Son Nhat International Airport, would provide airframe maintenance, repair, and overhaul services to the national flag carrier and other airlines.
“The establishment of a joint venture will bring more aircraft and added value to Vietnam. It will help to improve the technical level of the domestic aircraft maintenance industry as well as the competitiveness of the national airline,” said Vietnam Airlines CEO Duong Tri Thanh.
This is the second partnership between Vietnam Airlines and ST Engineering, the parent company of STEA, which is one of the world’s largest aircraft maintenance companies.
In September last year, Vietnam’s first aircraft components maintenance company, Vietnam Singapore Technologies Engineering Aerospace, was established as a joint venture between Vietnam Airlines and ST Engineering.
Questions & Answers
Q.What kind of work will the new joint venture undertake?
What kind of work will the new joint venture undertake?
The new joint venture will focus on airframe maintenance, repair, and overhaul services. It aims to provide these services to both Vietnam Airlines and other airlines operating in the region.
Q.Where will the operations for this joint venture be based?
Where will the operations for this joint venture be based?
The venture will utilise Vietnam Airlines' existing facilities. These are located at Hanoi’s Noi Bai International Airport and Ho Chi Minh City’s Tan Son Nhat International Airport in Vietnam.
Q.What was the previous collaboration between Vietnam Airlines and ST Engineering?
What was the previous collaboration between Vietnam Airlines and ST Engineering?
Their previous partnership, established last September, resulted in Vietnam's first aircraft components maintenance company. This joint venture was named Vietnam Singapore Technologies Engineering Aerospace.
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