by Dino D'Amore | Mar 27, 2012 | Maintenance, Zone: Middle East/Africa
AFI KLM E&M has extended a component support contract with Yemenia Airways that was originally signed in 2005. The contract covers component support with pool access and repairs for two A330s.
by Dino D'Amore | Mar 26, 2012 | Maintenance, Zone: Europe
Airline Services says investment in the business by private equity firm LDC gives it the firepower to pursue acquisitions as well as organic expansion. LDC has taken a significant stake in the company, which has its headquarters in Manchester. Chief executive Bryan...
by Dino D'Amore | Mar 22, 2012 | Maintenance, Zone: Americas
CPI Aerostructures has reported full-year revenue of $74.14 million in 2011, up 68.5% over the prior year’s revenue of $43.99 million. Net income reached $7.42 million, compared to $542K in 2010. Revenue generated from commercial contracts increased by 35% to...
by Dino D'Amore | Mar 22, 2012 | Finance, Maintenance, Zone: Americas
Aveos Fleet Performance is liquidating its Canadian aircraft maintenance business. The Quebec Superior Court gave permission yesterday for the maintenance company to cease all operations. Some 1,300 employees have lost their jobs. “The company had no viable...
by Dino D'Amore | Mar 21, 2012 | Maintenance, Zone: Americas
CPI Aerostructures has reported full-year revenue of $74.14 million in 2011, up 68.5% over the prior year’s revenue of $43.99 million. Net income reached $7.42 million, compared to $542K in 2010. Revenue generated from commercial contracts increased by 35% to...
