Maintenance, repair and overhaul news from around the world
AAR has reported third quarter Fiscal Year 2022 consolidated sales of $452.2 million and income from continuing operations of $22.6 million, or $0.63 per diluted share. For the third quarter of the prior year, the company reported sales of $410.3 million and income...
JMC Group has signed an agreement to support nine aircraft through the Boeing 737 Flight Length Sensitive (FLS) inspection programme with Ryanair. The agreement marks the first time the two companies have worked together, with the two lines of nose-to-tail FLS...
Libyan Airlines has stated that it has settled its debts claimed by aircraft maintenance companies, which had retained several of its aircraft. "The return of these planes to the company's fleet will have a significant impact and allow the airline to operate more...
At MTU Maintenance Zhuhai, the joint venture partners MTU Aero Engines and China Southern Airline Company, held a groundbreaking ceremony for the construction of a new training centre. Beginning in early 2023, the centre will train 50 to 100 engine mechanics for the...
AerSale has reported full year 2021 revenue of $340.4 million, up 62.9% year-over-year, with a full year adjusted net income of $63.6 million, or 18.7% of sales. The company’s adjusted EBITDA was $89.3 million or 26.2% of sales for full year 2021, up 73.2%...
In relation to the tender for the acquisition of the maintenance branch of Alitalia in Extraordinary Administration expiring today, 14 March 2022, Gianni Lettieri, Chairman of Atitech, has signed a preliminary maintenance contract with ITA Airways. Atitech has...
Beacon, the maintenance coordination platform for faster return-to-service powered by EmbraerX, has built a working group with ELMS Aviation, a competence management software service provider. This collaboration aims to test a fully integrated solution to manage...
Aerospace Engineering Solutions (AES), a UK and Ireland aerospace design and certification organisation, has been awarded by the European Union Aviation Safety Agency (EASA) the Supplemental Type Certificate (STC) for the introduction of Full Economy Passenger Layout...
Acumen Aviation, the aircraft asset management company, has been awarded EASA Part-CAMO Certification from the Irish Aviation Authority (IAA) under Approval No. IE.CAMO.117 and includes the implementation of Safety Management System (SMS) with our CAMO organisation....
Lufthansa Group has confirmed that it continues to examine the sale of subsidiaries that are not part of the core business of the Group, including Lufthansa Technik. “A partial sale or a partial IPO are still being pursued for Lufthansa Technik. The closing of the...
The Sterling Group (Sterling), an operationally-focused middle market private equity firm, has acquired West Star Aviation (West Star) from Norwest Equity Partners. West Star is a provider of maintenance, repair, and overhaul (MRO) services to the business aviation...
Embraer has signed a multi-year contract extension with German Airways for the Pool Program. With this agreement, the customer will receive support for a wide range of repairable components for the airline’s fleet of five E190 jets. German Airways currently serves...