Satair Group, a world leader in the commercial aerospace aftermarket, is exhibiting at the Singapore Air Show to further build on its strong Asia Pacific market presence and to underline its continuing growth in this important market. Over 30 percent of Satair Group sales are accounted for by the Asia Pacific region and many of the leading airlines in the area are long-standing Satair Group customers. Projected revenues for 2016 will be above US$400 million with double digit growth figures.
In particular, Singapore is a strong regional centre for Satair Group. A new 16.700 square meter Satair Group parts support and distribution facility in Singapore was opened in 2014 during the last Singapore Airshow. The facility is now fully operational, serving customers in the Asia Pacific region.
Some 130 Satair Group employees are based at the facility with further to be recruited this year; in addition around 10 Airbus support employees are housed there also.
Additionally, there is another 3,410 square meter Satair Group facility located in Beijing, to serve the needs of Chinese customers.
Mikkel Bardram, Chief Executive Officer of Satair Group said: “The Asia Pacific market is of vital importance to Satair Group and we have exciting plans for future growth in this region. A particular key focus for us is the strong interest being shown by end users such as airlines and MROs in consolidating procurement from a few suppliers in the market. This plays strongly to the strengths Satair Group has in both Airbus Managed Inventory (AMI) and Integrated Material Services (IMS), together with extensions in our product range taking in standard parts and used parts.
“We have started the IMS process for several customers in the Asia-Pacific market and it is clear that the leading customers for IMS are coming from this market”.
A further development in Singapore announced in June last year was the amalgamation and integration of Singapore-based Eltra Aeronautics (Singapore) Pte. Ltd into Satair Group to further expand the Group’s reach into the Asia-Pacific marketplace.
The very strong strategic fit between Eltra Aeronautics and Satair Group identified at the time of the merger has been amply proven. On the one hand the Satair Group operating platform and capability means that Eltra Aeronautics operations are now fully integrated across the Asia-Pacific region. In return Eltra Aeronautics has further strengthened Satair Group as a material aftermarket integrator in the region, connecting the dots between customers and OEM business partners.
Satair Group is also ramping up its standard parts product range significantly with increased part number scope and continuously growing stock, including deployments to Singapore. This, together with a new type of volume agreement contract, means that the Group is discussing local tailored approaches to support several customers in the Asia-Pacific region.
Airbus Material & Supply Chain Services and Satair are part of Satair Group, a 100% stand-alone company and Airbus subsidiary with $1.3 billion revenue, more than 1,000 employees worldwide and a vision to become the global market leader in the civil aircraft parts management business in 2017.