THAI signs MoU with Airbus Industries to conduct study about MRO at U-tapao

Thai Airways International and Airbus Industries on Wednesday signed a memorandum of understanding for a feasibility study to be conducted about the development of an aircraft maintenance, repairs and overhaul facility at U-tapao airport.

Deputy Prime Minister Somkid Jatusripitak who chaired the MoU signing ceremony at THAI head office hailed the MoU signing as a “dream comes true” for Thailand, saying that Thailand has earned the trust of foreign investors that it could become the regional centre for aircraft maintenance, repairs and overhaul.

Noting that 40 percent of Airbus aircraft sale came from countries in the region, he said that Air Bus’s choice of Thailand for the development of MRO is quite meaningful for Thailand.

The deputy prime minister said that, after the MoU signing, both THAI and Airbus must speed up the feasibility study so it could be completed within this year and, then, the work would move to the next step of public private partnership (PPP) process.

Mr Somkid envisaged a chain of related businesses which will be created as a result of the MRO project within the next 1-2 years, especially the eastern economic corridor.

Acting president of THAI Mrs Usanee Saengsingkaew said the MOU signing with Airbus Industries was part and parcel of the EEC plan to transform Thailand as the MRO centre of Asia Pacific region to cater to the needs of airlines in the region and the world.