To effectively reduce our carbon footprint, we are joining hands with industry partners to develop robust and viable solutions. INVESTING IN THE FUTURE Even as we navigate the path of recovery with caution and dexterity, we will continue to build on the breadth and depth of our aerospace solutions to strengthen our value-add, while building up our talent pipeline through training programmes and investment in new initiatives to support our long-term growth plans. Expanding Offerings with New Capabilities Capability expansion is one key strategy to capture growth opportunities. For instance, we set up quick-turn services for the LEAP-1B engine in early 2022, and as part of our capability expansion plans to offer full MRO solutions for the engine, we are working with a testing and technology development solutions provider to develop LEAP-1B test capability at our Singapore facility. We target to have the LEAP-1B test capability ready by end-2023. Across our global facilities, we will also be introducing more and new solutions, such as nacelle MRO for more engine platforms at our nacelle manufacturing facility in the U.S. and engine MRO facility in China. Capturing Growth with Higher Capacity As part of our growth plans in Pensacola, U.S., we are developing an airframe MRO complex that will have a total of four hangars when completed. At the time of writing this annual report, two hangars are in operation while the last two hangars will begin construction in 2023. In addition to airframe MRO, we are also expanding our freighter conversion capacity by working with third-party conversion houses. Enhancing Performance with Smart Technologies We continue to raise productivity at our MRO and manufacturing facilities through the implementation of smart technologies. Apart from developing solutions in-house, we also work with third-party service providers to use their proprietary technologies to enhance our MRO work. For instance, our San Antonio facility uses PowerFleet’s telematic solutions to provide real-time, data driven analytics and insights into its operations. At our engine MRO facilities in Singapore and Xiamen, we are leveraging GE Aviation’s Test Cell Advisor, a new data analytics service, to provide added insights into engine performance analysis during testing. Stepping Up on Sustainability Efforts To effectively reduce our carbon footprint, we are joining hands with industry partners to develop robust and viable solutions. For instance, we partnered Safran Helicopter Engines through an MOU to study the use of Sustainable Aviation Fuel (SAF) to see how we can assist helicopter operators in their transition towards the use of SAF. To make our engine MRO facilities greener and more efficient, we are working with Calspan Aero System Engineering to incorporate energy and fuel-efficient technologies into our engine test cells. Moving forward, we will make even greater efforts to enhance our operations with sustainability features to further meet our sustainability goals and those of our customers. Build up customer base for new MRO solutions and facilities Ramp up freighter conversion capacity and optimise production at new conversion sites Incorporate sustainable and smart features into operations and solutions for customers KEY FOCUSES FOR 2023 CORPORATE OVERVIEW PERFORMANCE REVIEW SUSTAINABILITY FINANCIAL REPORT 35
RkJQdWJsaXNoZXIy NjMyNDM=