by Dino D'Amore | Sep 25, 2014 | Maintenance, Zone: Europe
UTC Aerospace Systems’ Aerostructures business has inaugurated a new building dedicated exclusively to the production of thrust reversers and the integration of nacelle systems for the Airbus A350 XWB at its Toulouse, France site. The new building includes a...
by Dino D'Amore | Sep 25, 2014 | Maintenance, Zone: Europe
Magnetic MRO, formerly known as Air Maintenance Estonia, has launched its Engine Management unit as part of its strategy to offer Total Technical Care MRO services. Magnetic MRO Engines Solutions is aimed at airlines and asset owners, and customer-focused services...
by Dino D'Amore | Sep 24, 2014 | Maintenance, Zone: Asia/Pacific
The GMR Group is in discussion with Airbus for a potential sale of a stake in its MRO facility in Hyderabad. A deal will help GMR raise cash as a part of its “asset light” strategy and enable Airbus to fulfill its commitment of developing an MRO in India....
by Dino D'Amore | Sep 24, 2014 | Maintenance, Zone: Americas
AAR Corp. has reported a profit of $14.4 million, or 36 cents per share, in its fiscal first quarter. The company, based in Wood Dale, Illinois, posted revenue of $469.2 million during the period, and expects full-year revenue in the range of $2 billion to $2.05...
by Dino D'Amore | Sep 22, 2014 | Maintenance, Zone: Asia/Pacific
Airbus has announced its plans to further expand its support operations across Asia, following last week’s announcement of a new subsidiary to produce flight operations data in Thailand. An Airbus spokesman said: “We continue to look at possibilities for developing...