AerFin, the aviation asset specialist, has announced the successful completion of a 2017 Airbus A320neo disassembly. The project was carried out by SIA Engineering Company (SIAEC) at its Philippines facility, SIAEP. This milestone marks several firsts for the region and highlights AerFin’s growing role in the aviation aftermarket.
Importantly, this is the first-ever teardown of an A320neo in the Philippines. It also represents SIAEP’s debut aircraft disassembly project. Completed from nose to tail in just 30 days, the operation sets a new benchmark for efficiency. As a result, high-quality used serviceable parts from one of the world’s most popular narrow-body aircraft will soon be available to operators and maintenance providers across the Asia-Pacific region.
The aircraft, powered by PW1100 engines, is part of AerFin’s expanding portfolio of A320neo acquisitions. By partnering with SIAEP, AerFin is strengthening its regional footprint and improving the flow of essential aviation components.
Paul Ashcroft, SVP of Asia Pacific at AerFin, said:
“Completing this teardown in the Philippines highlights our commitment to the Asia-Pacific market. Locating engines and components within the region allows us to respond faster to customer demand, reducing lead times and ensuring operators can access the right assets when they need them. It’s a clear demonstration of AerFin’s investment in supporting growth across this dynamic aviation hub.”
Moreover, this collaboration significantly reduces lead times for customers. Airlines and MROs can now access serviceable engines and parts more quickly and closer to where they operate. This localised approach supports faster turnarounds, lower transport costs, and greater operational efficiency.
Ultimately, the partnership showcases how regional cooperation and technical expertise can unlock new opportunities in aircraft lifecycle management.
