Japan Airlines (JAL), Hong Kong Aircraft Engineering Company (HAECO), Toyota Tsusho, and Sun Group will build an aircraft MRO (Maintenance, Repair and Overhaul) complex at Van Don International Airport in Vietnam. They have agreed to establish a joint venture company.
The complex will be constructed on a site of approximately 20 hectares within the airport and will become one of the largest aircraft maintenance hubs in Vietnam, capable of simultaneously accommodating four wide-body aircraft and two narrow-body aircraft. The total investment is 360 million US dollars, with operations scheduled to start in 2028.
HAECO will provide advanced maintenance technologies and operational expertise as a global MRO operator. Sun Group will leverage its track record in airport development and infrastructure projects in Vietnam to build the foundation. Toyota Tsusho will be responsible for building and operating the global supply chain, while JAL will provide operational and maintenance know-how based on safety and quality, as well as support for human resource development.
According to the Civil Aviation Authority of Vietnam, the MRO market in Vietnam could reach a scale of around 7.4 billion US dollars by 2030. However, aircraft maintenance functions are currently concentrated in Singapore, Malaysia, Thailand, and other countries, and the maintenance capabilities within Vietnam are not sufficient to meet growing demand. This project aims to address these challenges, enhance Vietnam’s aircraft maintenance capabilities, and promote technological self-reliance. It is also expected to contribute to regional economic development through job creation and the clustering of related industries.
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