7 Jan 2020
Industry
Thailand is one of the aviation hubs in the Asia Pacific region, which is expected to experience a rising demand for aviation maintenance and repair services in the future. The future outlook has become clearer after a cooperative agreement for a Maintenance, Repair, and Overhaul (MRO) facility at U-Tapao is expected to be inked in the middle of 2020, making it possible for the first phase to become operational by 2023. The latest development will pave the way for Thailand to become a MRO center for a large number of aircraft from inside and outside the region. Nonetheless, the MRO market competition has recently intensified as many countries in ASEAN also aspire to become an investment base for this industry as well.... Read more
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