SUBANG - Even as trade disruptions and a broader atmosphere of uncertainty continue to ripple through the global aviation sector, the scope of activity across the APAC region and the multifarious requirements of regional carriers continue to drive capacity expansion in the MRO segment.
On June 9th, RTX subsidiary Collins Aerospace announced the nascent materialization of just one such effort. By the close of the year, Collins will realize the expansion of its MRO facilities at the Subang Aerotech Park facilities in Malaysia from 46,000 square feet to 164,000 square feet. The $63.0 million investment is indicative of Collins' confidence in the continued growth of the MRO segment within the APAC segment. In recent years, year-on-year passenger demand growth in the APAC has consistently exceeded that of North America, with traffic both within and out from the People's Republic of China seeing dramatic expansion. According to recent forecasts put forward by Airbus, 46 percent of global demand for new passenger aircraft over the coming 20 years will originate in the APAC region.