Maintenance, repair and overhaul news from around the world
Eviation Aircraft’s order book for the nine-seater Alice airplane recently passed a total value of $2bn. Just recently Eviation conducted the first successful test flight of Alice aircraft and since then, Eviation is focussed on its certification to pave the way for...
NEOM has invested $175 million in Volocopter. This deal expands NEOM's strategic partnership with Volocopter to progress an advanced air mobility industry in Saudi Arabia. Nadhmi Al-Nasr, Chief Executive Officer at NEOM, said: "This crucial investment aligns with the...
Datalex achieved an important milestone with IATA Airline Retailing Maturity index (ARMi) certification for three pricing capabilities. With this certification, IATA stated that airlines can unlock greater value to the customers with improved differentiation of...
Safran posted an increase of 29.9% in sales, closing at €4,849 million in the financial report for the third quarter of 2022. Revenue for Q3 was up by 29.9% reaching €4,849 million while organic revenue was up by 17.9% compared to Q3 2021. Safran’s revenue for the...
MTU Aero Engines recorded a growth of 27% in revenue reaching €3.82 bn with an operating profit of €448 million in the first nine months of 2022. MTU’s revenue increased in both commercial maintenance and the commercial engine business in the first nine months. In...
Boeing reported the third quarter of 2022 with a revenue of $16.0bn and an operating cash flow of $3.2bn. Boeing’s Q3 results reflect a higher commercial volume and losses on fixed-price defense development programs. Boeing showed an increase in cash and investments...
Collins Aerospace recently achieved the technical standard order for its combined vision system (CVS) for business aircraft. The CVS provides clarity to pilots in all types of weather to navigate aircraft confidently and securely through low visibility situations....
Volaris has signed an agreement with Airbus to adopt Skywise Health Monitoring (SHM) as its fleet performance tool. According to Airbus, Skywise Health Monitoring collates and centralizes maintenance warnings and alerts in real-time along with a full view of related...
Neos has selected flydocs for the asset management and digitisation of its aircraft records for the entire fleet of 15 aircraft for the next five years. As a part of this strategic partnership, flydocs will support the airline’s digital records management and...
JetNet has acquired Asset Insight as a part of its continuous expansion plan. This is the first of what the company anticipates will be several future acquisitions as JetNet expands its data-driven product offerings for the aviation industry and leverages a recent...
Skyports opened its first branch office outside its Asia-Pacific Singapore Headquarters in Japan. This move follows certain significant developments like Japanese trading conglomerate Kanematsu Corporation joining Skyports’ list of investors in the company’s Series B...
Bamboo Airways has selected Amadeus as its next-generation technology partner for revenue management and digital experience. According to Amadeus, the Altéa PSS solution will equip Bamboo Airways with modern, efficient reservation services for front-line employees to...