by Dino D'Amore | Mar 23, 2017 | Maintenance, Zone: Europe
Lufthansa Technik continued its track record for international growth in 2016 and produced a good result with significantly more investment. The increase in revenue with non-group companies overcompensated the decline in internal orders. Sales revenue climbed by €45...
by Dino D'Amore | Mar 21, 2017 | Maintenance, Zone: Americas
AAR has signed an agreement with IndiGo to provide support for landing gear overhaul services. The contract includes up to 49 full ship sets of A320 landing gear, as well as assemblies and subassemblies, for the next five years. The agreement expands AAR Landing Gear...
by Dino D'Amore | Mar 20, 2017 | Maintenance, Zone: Asia/Pacific
Singapore Technologies Engineering’s aerospace arm, Singapore Technologies Aerospace has injected its proportional share amounting to S$3.574m into the capital of its joint venture, ST Aerospace Aircraft Seats as working capital. ST Aerospace Aircraft Seats is 90%...
by Dino D'Amore | Mar 20, 2017 | Maintenance, Zone: Asia/Pacific
Five Regional Express Airlines passenger planes have been grounded as a precaution after a propeller fell off a Saab 340 as it approached Sydney Airport on Friday (March 17). There were no injuries. The airline has grounded another five of its fleet of 55 Saab 340s...
by Dino D'Amore | Mar 20, 2017 | Maintenance, Zone: Asia/Pacific
Aircraft Recycling International (ARI), a member company of CALC Holdings, has acquired a 100% equity interest in Universal Asset Management, one of the world’s leading global aviation services providers based in Tennessee, USA. UAM has nearly three decades of...