A consortium of eight Japanese companies, led by ANA Holdings, has reached an agreement to set up a MRO company at Naha airport in Okinawa.
The new firm, to be called MRO Japan, will commence operations at Naha airport in the second half of FY2017, subject to certification by the Japan Civil Aviation Bureau, says ANA Holdings in a statement.
MRO Japan will however first operate out of Osaka's Itami airport from September, until the new facilities at Naha airport are ready.
Its operations will consist of base and heavy maintenance for single-aisle aircraft like the MRJ regional jet, Boeing 737 and Airbus A320 family types, as well as for the Bombardier Dash 8 Q400 turboprop.
Its expected customers are airlines under the ANA Group, as well as other domestic and foreign carriers, including low-cost carriers.
ANA Holdings will hold a 45% stake in MRO Japan, while MRO firm JAMCO Corporation will hold a 25% stake, and Mitsubishi Heavy Industries a 20% share. The remaining stake will be shared among five other companies, each with a 2% shareholding.
“Using its advanced aircraft maintenance skills and know-how, MRO Japan will aim to take advantage of Naha airport's location in the center of East Asia to capture growing demand for aircraft maintenance services from the Asian aviation market. The company also aims to contribute to the revitalization of Okinawa,” adds ANA.