Atlas Air, a wholly-owned subsidiary of aviation outsourcing company Atlas Air Worldwide Holdings, is set to develop a dedicated aircraft maintenance, repair and overhaul (MRO) facility at Incheon International Airport (ICN) in South Korea.
The company has entered into an agreement to form a joint venture (JV) with Sharp Technics K to build the facility at the airport.
Sharp Technics K is a local MRO company based at ICN. It provides heavy maintenance services for wide-body aircraft.
The new MRO facility is expected to open in 2025.
Sharp Technics K president Soon-Suk Paik said: “This facility at Incheon Airport will be able to accommodate multiple wide-body aircraft at the same time, enabling the facility to contribute to the growth of airfreight and e-commerce on a global scale as ICN expands its role in the MRO aviation industry.”
Atlas Air Worldwide president and CEO John W. Dietrich said: “Incheon International Airport is a key airport for us in our global network as we serve customers around the world.
“Our partnership with Sharp Technics K will enable us to further streamline maintenance planning with their integrated approach to servicing our fleet.”
Incheon International Airport is located around 32 miles from downtown Seoul, South Korea.
Recently, the airport reported a slight increase in passenger numbers which plummeted due to the Covid-19 pandemic.
The average number of passengers using the airport has increased from 7,445 last year to 10,940 this year, reported ANI.