Maintenance, repair and overhaul news from around the world
Durability levels of current engines are an increasing cause of global concern as the supply chain woes continue to plague operators. Stressing this point at the panel discussion during the Paris Air Forum, Willie Walsh, Director General, International Air Transport...
About 100 Boeing 787 Dreamliner deliveries might be delayed due to a production flaw discovered by Boeing. Boeing has further clarified that the flaw does not lead to any safety issue of the Dreamliners that are in service at present. Boeing has already informed the...
Veson Nautical (Veson), the maritime freight management solutions provider, has announced its intent to acquire vessel valuation provider VesselsValue. The move will add a proprietary data set and unique modelling capabilities to Veson, while bringing onboard a team...
The International Air Transport Association (IATA) announced continued strong growth in air travel demand, based on February 2023 traffic results. Total traffic in February 2023 (measured in revenue passenger kilometres or RPKs) rose 55.5% compared to February 2022....
2022 was neither the best of times nor the worst of times for London's Gatwick and Heathrow airports. Both can point to a better 2022 compared with the previous two years. On March 16, Gatwick announced a £195.2 million profit in 2022 as passenger numbers topped 32...
Atlas Air Worldwide has now been acquired by an investor group led by funds managed by affiliates of Apollo, which manages assets valued at about $548bn, and by investment affiliates of JF Lehman & Company and Hill City Capital. The completion of the previously...
United Aircraft Corporation has sold its 49% share of the Sukhoi Superjet 100 program to Markab Capital. As a result, UAC has effectively quit the Superjet program, ending its participation in the project, which was first established in 2007. Markab Capital is a...
GA Telesis has acquired an Airbus A319-200 (MSN 1541) equipped with CFM56-5B engines. The disassembly is taking place in the UK, where key components will then be routed to its UK and US-based distribution facilities. The inventory will be used in support of GA...
Today, our offices received notice of a proposed Customer Voluntary Arrangement (CVA) agreement from insolvency practitioners, Smith & Williamson, acting on behalf of Monarch Aircraft Engineering Limited (MAEL). The letters states that more than 10% of the...
GA Telesis Engine Services (GATES) has achieved Directorate General of Civil Aeronautics Certification in Mexico (DGAC). DGAC approval provides GATES with access to a major MRO market for CFM56 engines and will allow the company to develop and expand its customer base...
Safran Nacelles and Lufthansa Technik have signed a cooperative agreement for maintenance, repair and overhaul (MRO) services on A320neo nacelles powered by CFM International LEAP-1A engines. This agreement aims to provide operators with flexible and cost-effective...
Monarch Aircraft Engineering (MAEL) has agreed the terms of its new ownership structure, with a transaction in which Greybull Capital becomes the majority shareholder in the leading aircraft MRO provider. MAEL’s lenders PNC will continue to provide facilities and...