The collaboration agreement, announced at the MRO Asia Pacific exhibition in Singapore, is focused on MRO and technical support of engine nacelles across the complete range of Boeing and Airbus commercial aircraft in the Australasian market.
Quickstep and ST Engineering will work collaboratively to offer local MRO capability across the Australasia market. Key elements of the agreement include a jointly offered comprehensive nacelle services support concept with local market presence and global network access; Quickstep maintaining local presence for ST Engineering on a range of licensed nacelle products; and ST Engineering enhancing local capability, including replacement assets located in Australia. The agreement also covers the opportunity to develop additional capability in nacelle and aerospace component support in the region; and onshore and regional capability for new-generation aircraft.
Mark Burgess CEO of Quickstep said: “The objective of this agreement is to provide up to 65% of nacelle maintenance and repair capability onshore, against the current level estimated at less than 10%. We intend to reverse a 30-year trend of offshoring and capitalise on the attractive combination of Quickstep’s local capability and ST Engineering’s global expertise and experience in nacelle maintenance.”