Negosyante News

November 22, 2024 1:08 am

DTI: Philippines To Turn Into A Viable MRO Hub

IMG Source: Mototok

The Department of Trade and Industry (DTI) said the Philippines is transitioning into a viable hub for aviation maintenance, repair, and overhaul (MRO), driven by the country’s young and skilled talents.

 

“With the collaboration of young and talented minds in the aviation and aerospace industry, the Philippines is transitioning to a highly cost-competitive environment that will make its strategic location a viable MRO hub in Asia,” Trade Secretary Alfredo Pascual said.

 

Pascual recently visited Lufthansa Technik Philippines (LTP) MRO facility at the Villamor Airbase to welcome the arrival of a new Lufthansa aircraft.

 

The Lufthansa Aircraft from Frankfurt, Germany is the first reactivated A380 Lufthansa aircraft to go through extensive C-Check in anticipation of increased travel demand.

 

DTI said the on-ground visit is in support of the collaboration between the DTI and LTP to promote the MRO industry in the country.

 

Since 2020, Lufthansa Technik Philippines has been committed to promoting competence as an MRO for commercial aircraft, including the largest Airbus it could produce.

 

Pascual said LTP’s opening in August is “a testament to faith and confidence in the country’s significant role in the global value chain for aerospace.”

 

Furthermore, the DTI said that through its partnership with the private and public sectors, it will be committed to delivering its promise of making the Philippines the hub for manufacturing and a wide range of services in the aviation industry globally.

 

 

Source: Philstar

Comments are closed for this article!

Subscribe to Our Newsletter and get a free pdf:

Sign Up for negosyante news

and receive a copy of The Crypto Cheat Sheet (PDF)
and NFT Cheat Sheet for free!

* indicates required