Boeing’s services business has signed a series of orders and contracts, worth around $50 million, from Asia-Pacific carriers, primarily for its digital products.
This comes on the back of a Boeing Global Services forecast projecting the Asia-Pacific commercial aviation services market will grow 5% annually over the next twenty years. By 2038, it is estimated to be worth $3.4 billion.
Boeing announced that Indian low-cost carrier IndiGo signed a deal for crew and aircraft scheduling and management solutions offered by Boeing subsidiary Jeppesen.
Japanese low-cost operator Peach Aviation has signed for Boeing’s digital aircraft positioning products. Chinese carriers Shandong Airlines and Shenzhen Airlines both renewed multi-year contracts for various Jeppesen products as well.
Meanwhile, Cathay Pacific and Philippine Airlines inked deals with Boeing for performance improvement packages for their Boeing 777-300ER fleets.
The second version of the packages feature aircraft modifications, associated retrofit parts kits and accompanying service bulletins. These will help improve aircraft fuel efficiency and payload and range capability without requiring airlines significantly change operational policies or procedures, says Boeing.
Lastly, Malaysia Airlines signed a consumables and expendables services agreement, allowing Boeing to provide supply chain solutions.
At the recent Paris Air Show, Boeing Global Services clinched more than $100 million in deals, mostly for its digital products.
Boeing formed Global Services about two years ago in a move that saw the services arm of various business units integrated into one unit.
UPDATE: This story has been updated with information on how much the deals were worth.