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Agenda at A Glance

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Can South Korea’s MRO sector grow again?

22 OCTOBER, 2019

South Korea is home to some of the world’s busiest routes and airports, as well as some of Asia’s major carriers. But the country’s MRO industry is in a strange position: it is a market dominated by one large player, with smaller – and newer – entrants few and far between. Industry players not that, for a country that is experiencing growing passenger and air cargo numbers, its MRO industry is still very much in its infancy. more >>

South Korea aims to become regional player in aircraft maintenance

February 22, 2019

With the start of its maintenance, repair and overhaul (MRO) service, South Korea hopes to become a viable regional player in the global aircraft maintenance market that has maintained high entry barriers and requires a constant update in the use and maintenance of new technologies. Moreover, industry and government officials believe that an independent MRO company will help South Korean carriers save about one trillion won ($889 million) in annual repair expenses paid to external contractors. more >>

Incheon Airport MRO complex likely to be established soon

May 15, 2019

A pending bill for establishing an aviation maintenance, repair and overhaul complex at Incheon Airport is expected to be passed by the National Assembly soon, reports said Wednesday, which will fuel progress in the long-awaited project. Incheon International Airport Corp., which operates the nation’s key air hub, has been seeking for nearly a year to build an MRO cluster near the airport in Yeongjong-do. It is expected to attract local and foreign companies related to aviation maintenance and flight training while contributing to the growth of the regional economy. more >>

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