How Honeywell Aerospace supports air travel growth in APAC | Airlines

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Air travel demand in the Asia-Pacific region is expected to exceed pre-COVID levels in 2024. 

According to the IATA, Asia-Pacific airlines saw a 45.4% increase in January 2024 traffic compared to the same month in 2023. This is a solid indication that the region is continuing to recover at a strong pace following the lifting of pandemic restrictions.

Boeing’s aircraft forecast data for 2023–2042 shows that within that time period Southeast Asia alone will experience airline fleet growth of 6.9% and airline traffic growth (RPK) of 9.5%. 

But how can the industry ensure that fleet demand and growth is properly supported at this time?

At the 2024 Singapore Airshow, AeroTime sat down with Eric Ai, Vice President of Asia-Pacific Airlines at Honeywell Aerospace, to discuss the role of MRO (Maintenance, Repair, and Overhaul) companies and the importance of enhancing safety during the surge in demand for air travel.

More importantly, he addressed the hurdles and opportunities presented by airline expansion, and Honeywell Aerospace’s ongoing initiatives to support a growing travel sector in the Asia-Pacific region.

The role of MRO in a fast-growing APAC region

The International Monetary Fund (IMF) and the United Nations Environment Program (UNEP) identified Asia-Pacific to be the fastest-growing economic powerhouse globally.

The growing middle-class population in the region is driving the huge demand in air travel. 

According to Ai, Honeywell forecasted 2024’s flying hours to either return to or exceed the figure recorded before the pandemic. The business of MRO, Ai said, is driven by flight hours, so the role of maintenance, repair, and overhaul is crucial to support this growth. 

Ai said that he sees the demand for heavy and component maintenance. Among the different types of aircraft maintenance, heavy maintenance is performed less frequently, but the checks are more in-depth, thorough, and longer. Component maintenance, on the other hand, consists of working on…

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