Boeing announces service orders worth nearly $1 billion

07/02/2018 | 226 words

Boeing said Tuesday its global services unit has signed deals worth nearly $1 billion at the Singapore Airshow in areas like parts, maintenance, modification and training.

The deals underscore the growing importance of the huge commercial aviation market in the Asia-Pacific region.

"Boeing is serious about helping customers optimise performance of their fleets and reduce operational costs," said Stan Deal, president and chief executive of Boeing Global Services.

Among the deals is an agreement with Malaysia Airlines to receive overhauled landing gear from an exchange pool maintained by the US aviation giant.

Singapore Airlines signed a contract to use electronic logbooks on its Boeing 777 and 787 airliners.

Boeing did not give individual values for the deals but said they totalled more than $900 million.

Its European rival Airbus said Tuesday that air traffic will triple in the Asia-Pacific region over the next 20 years, making it the world's biggest aviation market.

The region will require 14,450 new aircraft during that period, worth a combined $2.3 trillion.

This accounts for more 40 percent of global demand, Airbus said.

The Singapore Airshow, the biggest such event in Asia, is held every two years.

Analysts say they do not expect major plane orders at this year's show.

They made this section possible
Related articles

Boeing delivers the 1st 737-800 BCF to GECAS

AirAsia Group organizes its fleet maintenance with Airbus and AFI KLM E&M

Pratt & Whitney Eagle Services Asia acquires new capabilities

25/07 Ryanair threatens to cut jobs as strikes ground flights
25/07 Airlines lodge EU complaint over French strikes
19/07 AFI KLM E&M steps up a gear on CFM's LEAP
19/07 Sabena technics finally gets back on-board C-130Hs
19/07 Airbus fetes first flight of its new 'whale in the sky'
19/07 AirAsia announces $30bn deal for 100 Airbus planes
Featured Content
How Thai Airways will Expand Rolls-Royce's Trent Engine Service Network
China embarks on board aircraft recycling
AMAC Aerospace makes even more of a mark on the worldwide MRO and VVIP completion stage
Daher uncovers data mining with Me&MyTBM
Christophe Bénaroya: the Toulouse Business School Aerospace MBA will be remodelled
Follow us
© 2018 Le Journal de l'Aviation - All rights reserved

By continuing to use the site, you agree to the use of cookies. You can find out more by following this link.  OK  Find out more