TOKYO, Japan, Aug 27, 2024 - ( JCN Newswire ) - Mitsubishi Heavy Industries, Ltd. (MHI) and Japan Airlines Co., Ltd. (JAL) have agreed to commence joint exploration of potential collaboration in the aircraft aftermarket business. The two companies have signed a memorandum on the matter.
The aircraft aftermarket business includes services such as repairs, maintenance, parts supply, and refurbishment, which are essential for the maintenance and enhancement of aircraft's flight safety and operational efficiency.
With the global recovery in aircraft demand, the need for maintenance services has also increased. JAL and MHI have begun exploring collaboration in this area in order to respond to the various issues currently affecting the aircraft aftermarket. JAL Group, as an aircraft operator, brings expertise and experience in aircraft operation and maintenance, while MHI Group, as an aircraft manufacture, contributes with its expertise and experience in aircraft design development, manufacture, certification, and MRO (maintenance, repair & overhaul) services particularly in North America.
Within JAL Group, going forward the joint exploration of collaboration will be performed by JAL Engineering Co., Ltd. (JALEC), which is in charge of aircraft maintenance. Meanwhile JAL and MHI will continue their current exploration underway toward expanding cooperation in human resources development and technology development relating to the aircraft industry.
About MHI Group
Mitsubishi Heavy Industries (MHI) Group is one of the world's leading industrial groups, spanning energy, smart infrastructure, industrial machinery, aerospace and defense. MHI Group combines cutting-edge technology with deep experience to deliver innovative, integrated solutions that help to realize a carbon neutral world, improve the quality of life and ensure a safer world. For more information, please visit www.mhi.com or follow our insights and stories on spectra.mhi.com.
About Mitsubishi Heavy Industries, Ltd.
Mitsubishi Heavy Industries (MHI) Group (TSE: 7011; US: MHVYF) is one of the world's leading industrial firms. For more than 130 years, we have channeled big thinking into solutions that move the world forward - advancing the lives of everyone who shares our planet. We deliver innovative and integrated solutions across a wide range of industries, covering land, sea, sky and even space. MHI Group employs 80,000 people across 400 locations, operating in three business domains: "Power Systems," "Industry & Infrastructure," "Aircraft, Defense & Space." We have a consolidated revenue of around 40 billion USD. We aim to contribute to environmental sustainability while achieving global growth, using our leading-edge technologies. By bringing people and ideas together as one, we continue to pave the way to a future of shared success.
For more information, please visit MHI's website: https://www.mhi.com
For Technology, Trends and Tangents, visit MHI's new online media SPECTRA: https://spectra.mhi.com
Source: Japan Airlines (XTKS: 9201) (XTKS: 7011) (OOTC: MHVYF) (XFRA: MIH)
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