by Dino D'Amore | Mar 20, 2018 | Maintenance, Zone: Europe
Tunisair Technics has signed a five year maintenance agreement for the airline’s CFM56-5B/-7B engines with MTU Maintenance. The contract covers maintenance, repair and overhaul, on-site services and spare engine leasing support. Image:...
by Dino D'Amore | Mar 20, 2018 | Maintenance, Zone: Middle East/Africa
A Boeing 737-700 owned by Arik Air has suffered major damage only one day after the airline announced the relocation of its Lagos- Port Harcourt operations to the terminal two of Murtala Muhammed Airport (MMA2). Ground handling equipment belonging to the Skyway...
by Dino D'Amore | Mar 19, 2018 | Editorial Comment
Private equity has been moving into the aviation maintenance, repair and overhaul (MRO) sector at a relatively slow pace but over the past five years, the speed of private equity investment in MRO companies in the USA has increased dramatically. This has...
by Dino D'Amore | Mar 19, 2018 | Maintenance, Zone: Europe
Lufthansa Technik AG maintained its growth course in 2017 as sales revenue grew significantly, increasing by €260 million from the previous year’s €5.144bn to €5.404bn (+5%). The company achieved an adjusted EBIT (Earnings Before Interest and Taxes) of...
by Dino D'Amore | Mar 19, 2018 | Technology, Zone: Asia/Pacific
IndiGo grounded another A320 neo aircraft yesterday following an incident with its Pratt & Whitney. The aircraft on the Bengaluru-New Delhi morning flight was understood to have been grounded after metal chip particles were detected in the jet’s...