Maintenance, repair and overhaul news from around the world
AirAsia passengers might face disruptions as the airline plans to upgrade its reservation and passenger processing systems for an enhanced online experience. The airline will conduct the system upgrade from November 23, 2022, 09:00 PM (GMT+8) up to 24 November 2022,...
Vertical Aerospace reported a net operating loss of £19 million for the three months ended September 30, 2022, compared to a net operating loss of £8 million for the three months ended September 30, 2021. As of September 30, 2022, Vertical had cash at bank and...
Airbus has come up with an interesting solution to offer pilot training without a flight simulator or on-site procedure trainer. The software solution called the Airbus Virtual Procedure Trainer (VPT) immerses trainees within a virtual cockpit and coaches them on...
China’s Hainan Airlines selected Collins Aerospace’ FlightSense agreement to reduce repair time and cost on its Boeing 787 fleet. As a part of the contract, Collins will provide the air management and electric power systems on Hainan Airlines’ B787 fleet of 40...
Airbus delivered 60 aircraft to 38 customers in October 2022, taking the total deliveries this year to 495. With about 55 deliveries last month, Airbus remains optimistic about achieving its goal of 700 deliveries at the end of 2022. October 2022 deliveries include...
Embraer delivered 33 aircraft in the third quarter of 2022, of which 10 were commercial and 23 were executive jets, 15 were light and eight were midsize. As per Embraer’s Q3 report, the volume of deliveries was 10% higher compared to the 30 jets delivered in the same...
Blue Spirit Aero has partnered with Dassault Systèmes to use the 3DEXPERIENCE platform to accelerate the development of its hydrogen-electric light aircraft ‘Dragonfly’ and advance the certification of accessible clean aviation. The platform called “Reinvent the Sky”...
Spirit AeroSystems recorded a 30% increase in revenue in the third quarter of 2022 as compared to the same time last year. Spirit closed Q3 with a revenue of $1.3 bn and a cash balance of $671 million. Spirit reported that the increase in revenue was primarily due to...
Sky Airline has signed with Seabury Solutions ‘Alkym’, as an information technology solution to replace its existing Aircraft Maintenance Management tool. Sky Airlines claims that the new system will allow to streamline all the maintenance processes and, simplify the...
Bombardier has reported a strong third quarter with solid revenue of $1.5bn and a 20% year-over-year aftermarket increase to $372 million mostly due to increased flight hours and expansion of Bombardier’s service centres in strategic locations around the world....
Rolls-Royce closed the first nine months of 2022 with £2.0bn cash along with £5.5bn in undrawn committed facilities. This included a £1bn five-year sustainability-linked loan, supported by an 80% guarantee from UK Export Finance (UKEF). In September 2022, Rolls-Royce...
Joby Aviation closed the third quarter of 2022 with $1.1bn in cash and short-term investments to support operations. Net cash used in operating activities and purchases of property and equipment totaled $207 million in the first nine months of 2022, with $74 million...