In the news:
Originally published Tuesday, February 14, 2012 at 11:01 PM
Boeing to service Singapore Airlines' 747-400 freighter jets
Boeing to service Singapore Airlines' 747-400 freighter jets
Seattle Times aerospace reporter
At the Singapore Air Show on Wednesday, Boeing announced an agreement with Singapore Airlines Cargo to take over technical management of the carrier's fleet of 13 Boeing 747-400 freighter jets.
The cargo airline is a subsidiary of Singapore Airlines. One of the world's largest carriers, Singapore has its own in-house maintenance and repair organization, which will continue to do the hands-on maintenance of all its aircraft.
The new agreement makes Boeing responsible for planning and managing the maintenance: monitoring the aircraft every day, checking on reliability and adjusting the maintenance schedule as required to optimize performance. Terms of the deal were not disclosed.
The deal is with a unit of Boeing called Commercial Aviation Services (CAS), which provides complete aftermarket support to airlines in the form of spare parts, flight-crew training and scheduling, navigation charts, electronic data monitoring and aircraft maintenance support.
CAS accounts for 15 percent of the revenue of Boeing Commercial Airplanes. Last year, that was about $5.4 billion.
"The aftermarket is really big," said Lou Mancini, CAS senior vice president. "It's a great opportunity for Boeing."
Dominic Gates: 206-464-2963 or dgates@seattletimes.com
