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AerFin Conducts First A320neo Teardown in the Philippines

AerFin Completes First A320neo Teardown in the Philippines, Marking Regional Milestone
AerFin, a prominent aviation asset specialist, has successfully completed the disassembly of a 2017 Airbus A320neo at the SIA Engineering Company’s Philippines facility, SIAEP. This operation represents the first-ever teardown of an A320neo in the Philippines and marks SIAEP’s inaugural aircraft disassembly project. The achievement underscores the expanding roles of both AerFin and SIAEP within the aviation aftermarket sector.
The teardown was completed within 30 days, setting a new standard for efficiency in the region. The aircraft, equipped with PW1100 engines, is part of AerFin’s growing portfolio of A320neo assets. The disassembly will provide high-quality used serviceable parts from one of the world’s most widely operated narrow-body aircraft, making these components readily available to operators and maintenance providers throughout the Asia-Pacific region.
Strategic Importance and Regional Impact
Paul Ashcroft, Senior Vice President of Asia Pacific at AerFin, highlighted the strategic significance of the project, stating that completing the teardown in the Philippines demonstrates the company’s commitment to the Asia-Pacific market. By positioning engines and components within the region, AerFin aims to reduce lead times and respond more swiftly to customer demand. This localized approach is expected to enhance operational efficiency for airlines and maintenance, repair, and overhaul (MRO) providers by enabling faster turnaround times and lowering transportation costs.
Through partnerships such as the one with SIAEP, AerFin is strengthening its regional presence and improving the supply chain for essential aviation components. This initiative supports the growing needs of the Asia-Pacific aviation sector and reflects a broader industry trend toward more efficient and sustainable aircraft lifecycle management.
Challenges and Industry Context
Despite the promising outlook, AerFin’s expansion into aircraft recycling and teardown in the region presents several challenges. The company must navigate complex logistics and regulatory compliance requirements inherent to aircraft recycling while ensuring sustained market demand for recycled parts. The move has attracted attention from both potential customers and competitors, with other lessors and storage companies likely to increase their own recycling operations to capture market share.
Industry observers note that Tarmac Aerosave, a major player in aircraft recycling, anticipates additional AerFin aircraft arrivals, underscoring the competitive advantage held by companies capable of managing the recycling process efficiently. AerFin’s successful teardown in the Philippines exemplifies how regional collaboration and technical expertise can unlock new opportunities in aircraft lifecycle management.
As the aviation aftermarket continues to evolve, localized and efficient solutions such as this are poised to play a crucial role in supporting airline operations and advancing sustainability objectives across the Asia-Pacific region.

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