by Dino D'Amore | May 6, 2021 | Maintenance, Zone: Asia/Pacific
Farsound has announced a new collaboration with the Global Engine Support division of the HAECO Group, providing consigned kits for On-Wing and In-Field engine maintenance. Farsound provides advanced kitting solutions for different engine platforms directly to...
by Dino D'Amore | May 6, 2021 | Cargo, Zone: Americas
Cargojet has reported total revenues for the quarter of $160.3 million compared to first quarter 2020 Revenues of $123.0 million. Gross Margin for the quarter was $45.3 million compared to first quarter 2020 Gross Margin of $32.2 million. Adjusted EBITDA and Adjusted...
by Dino D'Amore | May 6, 2021 | Cargo, Zone: Americas
Atlas Air Worldwide has announced first-quarter 2021 net income of $89.9 million, or $3.05 per diluted share, compared with $23.4 million, or $0.90 per diluted share, in the first quarter of 2020. On an adjusted basis, EBITDA rose to $181.3 million in the first...
by Dino D'Amore | May 6, 2021 | Maintenance, Zone: Americas
Embraer has signed a long-term Pool Program Agreement with the U.S. carrier Breeze Airways to support a wide range of repairable components for the airline’s E190s and E195s fleet. The agreement includes full repair coverage for components and parts, as well as access...
by Dino D'Amore | May 6, 2021 | Maintenance, Zone: Middle East/Africa
United Aviation Solutions (UTD) and the African Airlines Association (AFRAA) have launched the Brown Condor Initiative (BCI) aimed at providing a platform for AFRAA members with Maintenance Repair and Overhaul (MRO) facilities to support their North American...