Aviation Boom in Asia
Shortly after the Chinese New Year, the global aviation industry’s who’s who will come together again for a major event, held from February 16 through 21, to see what chances one of the biggest aviation markets in the world has in store. After all, Asia, where the trade show will be held, is a highly attractive region for doing business: The Asian market for commercial airliners and the technologies and repairs for their engines is expected to continue to grow at a fast pace over the next 20 years. According to Airbus and Boeing, 39 percent of the worldwide aircraft deliveries will go to Asia. If the current forecasts are correct, China – the largest market in Asia – will be the largest regional aviation market by 2035, knocking the U.S. from the top spot. Today, 30 percent of the airplanes delivering more than 20,000 pounds of thrust in the worldwide fleet are flying in Asia.
As in previous years, MTU Aero Engines, Germany’s leading engine manufacturer, will again showcase its products and services at this year’s Singapore Airshow at the Changi Exhibition Center near the airport. As things stand today, MTU Aero Engines has a share of as much as 28 percent of the Asian market for airliners in the 20,000-pound-plus thrust class and wants to increase this percentage further. Today, MTU has program stakes especially in the V2500 engine for the Airbus A320 family, the CF6-80C/E for the A330 and the GEnx for Boeing’s Dreamliner, that are extensively being used in Asia. At the trade show, MTU will be presenting products and services for the entire life cycle of commercial and military propulsion systems. Innovative technology, top-notch quality in production and flexible service offerings tailored to the customers’ specific requirements will be on display at its booth J65.
The focus of MTU’s trade show exhibits is on the mega trends for tomorrow’s aviation: reduced fuel burn, lower carbon-dioxide emissions, and less noise. An engine that fits the bill is the geared turbofan (GTF) for single-aisle aircraft, for example. Its technology is prominently featured in the trade show display in the form of the holography box, for which the company has won an award. Visitors to MTU’s booth can use this multimedia tool to inform themselves about the latest generation of propulsion systems. The 3-D animations and film clips offer information on MTU’s core modules, the high-speed low-pressure turbine and the company’s role in the high-pressure compressor.
For operators and airlines to be successful, it is important for them to be able to keep the aircraft in their fleets flying – and MTU is aiming to help its customers, notably also in Asia, to achieve this goal. The strong position MTU has gained in the aftermarket thanks to MTU Maintenance Zhuhai, which has been a successful player in this market for more the 13 years now, gives its business in China and other parts of Asia a boost. The 50/50 joint venture of MTU Aero Engines and China Southern Air Holding Company is a jewel of a maintenance company in the region. Today, MTU Maintenance Zhuhai is the No. 1 engine maintenance provider in China, a position which it attained within a mere ten years' time. And MTU wants to grow further: The aim is not just to be the largest commercial engine maintenance provider in China, but in all of Asia. The odds are excellent for this goal to become a reality: MTU already holds maintenance licenses for 80 percent of the engine models flying in Asia. With the highly innovative technologies and high-tech repair procedures MTU has developed in-house and which it will showcase at the air show, the company underlines its commitment to products and services that fit every engine, irrespective of its age – whether the latest generation of engines or propulsion systems at or near the end of their life cycles.
February 2nd, 2016