The Malaysian state of Selangor is exploring opportunities to draw investment in aircraft dismantling services and is currently in talks with European aircraft manufacturer Airbus to establish a facility within the state, Mentri Besar Amirudin Shari announced on June 27, the Malaysian National News Agency (Bernama) reported.
He said the talks are expected to take six to eight months, but in the event that they undergo, Malaysia will grow to be the primary country in Southeast Asia to supply the service.
“(Currently) We are choosing the right location. It (the facility) must be close to the runway,” he said after officiating on the groundbreaking ceremony for the expansion of the Airfoil Services Sdn Bhd facility.
The typical means of dismantling an aircraft includes draining operating fluids, dismantling liquid parts from the wings, tail and body of the aircraft, disconnecting the landing gear, removing the aircraft cabin, packaging the removed parts and sending them to repair shops for tracking and recycling of the remaining bodywork.
Repaired and re-certified spare parts are replenished in stock and constitute a really attractive alternative to spare parts from original equipment manufacturers when it comes to price, availability and lead time.
A report published on Research and Markets.com last yr indicated that the dismantling services market was valued at around US$97 million (RM402.2 million) and is anticipated to grow at a compound annual growth rate of around six to seven per cent and reach roughly USD 180 million in 2027
The marketplace for recovered components was estimated at $1.30 billion in 2018 and was expected to exceed $3 billion by 2027.
Meanwhile, Airfoil Services CEO Wim van Beers said the corporate has committed $15 million in investment for the expansion, which is anticipated to be accomplished in June next yr.
He said the expansion would increase the plant’s production capability to 900,000 parts from the present 650,000 parts.
He added that the extension would also create 200 latest jobs.
Currently, Airfoil Services employs 500 people.
source: Bernama
