In the next decade, it is reported that the global MRO industry is expected to grow at a compound annual growth rate of 3.2% and reach around £36.4 billion in 2019.
Aerospace Sector in Singapore
In the next decade, it is reported that the global MRO industry is expected to grow at a
compound annual growth rate of 3.2% and reach around £36.4 billion in 2019.
The Asia-Pacific MRO market is projected to grow by more than £4.8 billion with the Indian and
Chinese markets growing at the rate of 9 to 10% annually. Within the MRO segment, business
aviation growth is projected at a compound annual rate of 8.3%, the Asia-Pacific business
aviation MRO Market is likely to be a key driver of this growth. At present there are more than
120 international companies carrying out MRO in Singapore, in addition manufacturing is a
The growth of the aviation industry has mirrored the rapid development of Singapore as a major
aviation hub. Today Singapore has a thriving aerospace industry and has recognised icons such
as Changi Airport, Singapore Airlines and institutions like the Singapore Aviation Academy. As
an aviation hub for the region it has a sizeable maintenance repair and overhaul industry offering
UK companies good opportunities. It is looking to increase its industry and will offer
opportunities in MRO, training and manufacturing.
SIA Engineering Company (SIAEC) provides MRO services to more than 80 international
airlines and fleet management to more than 200 aircraft for 10 airlines.
With 15 joint ventures in Singapore SIAEC’s maintenance centre is able to gain access to world
class OEM expertise and cutting edge technologies.
Two of their joint venture, Eagle Services Asia and Singapore Aero Engine Services are
centres of excellence for engine overhaul for Pratt & Whitney and Rolls-Royce respectively in
ST Aerospace has grown into a full service aviation facility that supports a global clientele
operating a wide range of commercial and military aircraft. With a staff of more than 8,000
worldwide, and 4,600 in Singapore, they employ around 25% of the local workforce.
Maj Aviation provides specialised aviation services and engineering support and supports light
aircraft general aviation and hope to attract more GA commuter services and business into
Singapore via their new general aviation centre and MRO presence.
Pratt & Whitney has been in Singapore for 25 years. Pratt & Whitney Global Services Partners
facilities in Singapore specialise in large aircraft engine overhaul as well as MRO of large
commercial engine components.
Rolls-Royce sees Singapore as serving as a strategic hub for several group functions including
finance, procurement and training. Rolls Royce new £450 million state of art facilities at Seletar
sees them being the first engine manufacturer to assemble and test large civil engines in
Singapore while manufacturing their wide chord fan blades outside of the UK.
SATS Ltd, commonly abbreviated as SATS is the chief ground-handling and in-flight catering
service provider at Singapore Changi Airport with a total workforce of over 10,000. SATS
controls about 80% of Changi airport's ground handling and catering business. SATS runs
ground handling and airline catering operations at nearly 40 airports across Asia Pacific. Besides
its operations in Singapore, SATS has also established a network in Asia through joint ventures
in China (including Hong Kong & Macau), India, the Philippines, Indonesia, Taiwan, Vietnam
and the Maldives.
Singapore Airlines (SIA), The national carrier, maintains a modern fleet of 106 aircraft. As of
July 2011, the average age of their fleet stands at six years and four months - making it one of
the world’s youngest and most fuel efficient. Fleet size at present is 12 A380 – 800 with 7 on
order, 19 A330-300, 4 A340-500, 4 B747-400, 35 B777-200 (including 9 B777-200ER, 11
retrofitted B777-200) and 31 B777-300 (including 19 B777-300ER, 4 retrofitted B777-300). SIA
also owns a no frills airline (Scoot) targeting medium and long-haul routes.
Low cost airlines such as Tiger Airways, Jetstar, Silkair and Air Asia all operator from
Singapore with strong growth in this area
Boeing Integrated Materials Management’s (IMM) has a new IMM Asia Regional Centre in
Singapore. Boeing’s Integrated Materials Management helps maintain and manage airline’s
spare parts inventory, providing items to the airline as needed.
Embraer has chosen Singapore for its regional logistics and spares hub to provide spares and
rotables support to regional airline customers.
A new Terminal 4 at Changi Airport is at the early stages of its development with the build not
Latest export opportunities – Aerospace sector
Latest export opportunities – Singapore
Getting into the market
Public procurement is a key route into the Singapore Aviation sector. This can be done using the
government procurement portal, GEBIZ. Government tenders will be listed this way and
companies can bid direct, with a partner or via agents. It is typical to expect some sort of local
support for a product or service, post contract award, which may need to be highlighted during
the bid process.
Find general information on the Philippine market conditions on UKTI’s website.
More about doing business in the Singapore gives an overview of the Philippines’ economy,
business culture, potential opportunities and an introduction to other relevant issues.