Spirit AeroSystems has signed a maintenance, repair and overhaul service agreement through its subsidiaries with Vietnam Airlines Engineering Limited Company (VAECO) at the MRO Asia-Pacific Exhibition in Singapore.
Established in 2009, Vietnam Airlines Engineering Limited Company (VAECO), with 2,500 workers, is the largest and most experienced aircraft maintenance service provider in Vietnam. The company, a subsidiary of the Vietnamese flag carrier, Vietnam Airlines, is headquartered in Hanoi and runs two branches in Da Nang and Ho Chi Minh City, providing services to all airports in Vietnam.
Currently, VAECO operates six hangars equipped with modern docking systems, aircraft parking, spare part warehouses, and ground support equipment to carry out maintenance activities for multiple aircraft at the same time. With the target of becoming a leading MRO provider in APAC, the expanded capabilities and excellence in operation enable VAECO to target the demands of its worldwide customers. With the Spirit agreement, VAECO will achieve its long-term growth ambitions.
Spirit AeroSystems Aftermarket Solutions has grown at over 20% in recent years. With the VAECO agreement, Spirit Aftermarket will now have 11 wholly owned, joint-venture or authorised repair centres around the world: in United States of America, Northern Ireland, Morocco, Jordan, India, China, Malaysia, Vietnam and Taiwan. In addition, Spirit has a strategic agreement with ST Engineering to serve select countries in the Middle East region.
