As it geared up to take a history-making delivery of Boeing's last-ever jumbo jet on January 31, Atlas Air announced earnings fell in 2022, mainly due to increased pilot costs related to a new collective bargaining deal and higher overtime pay. "Net income and...
MRO News Archive
Maintenance, repair and overhaul news from around the world
Boeing to spend US $2.3 million on STEM partnership with Port San Antonio
Airframe manufacturer Boeing has announced a partnership with the Kelly Heritage Foundation, an education organisation affiliated with Port San Antonio in Texas. The US $2.3 million investment by Boeing will "expand STEM [science, technology, engineering, and...
Boeing chosen by NASA to lead development of transonic truss-braced wing demo aircraft
The US's National Aeronautics and Space Administration (NASA) has asked Boeing to lead the development and test-flying of a "full-scale transonic truss-braced wing (TTBW) demonstrator airplane". The belief is that the technologies will "inform future designs and could...
Houston Aiport to see expansion of electric car-charging facilities
Car hire brand Avis and EverCharge, a provider of large-scale electric vehicle (EV) charging devices and management systems, have launched "a significant number" charging stations at George Bush International Airport in Houston. The stations will power the Avis and...
Ameriflight splashing out on 20 Natilus autonomous freighters
Autonomous freight aircraft manufacturer Natilus has signed a deal with cargo carrier Ameriflight for 20 of its Kona feeder aircraft valued at US $134 million. The agreement, Natilus said,"brings total commitments to US$6.8bn", with over 460 aircraft to be delivered....
Aircraft materials manufacturer Hexcel announces dividend update
New York Stock Exchange-listed Hexcel has announced a regular quarterly cash dividend of US $0.125 per share on the common stock of Hexcel, which it said would be payable to stockholders of record as of February 10, with payment date to follow on February 17. Hexcel...
New York airports top 90% of pre-pandemic passenger traffic in 2022
In 2022, John F. Kennedy International Airport’s recorded 55.3 million passengers, or 88% of its 2019 total, with Newark Liberty International Airport and LaGuardia Airport at 94% of 2019 with 43.5 million and 29.1 million respectively. 2019 was a record year for the...
End of an era: Boeing announces live broadcast of final 747 delivery
Aerospace giant and airframe manufacturer Boeing is to broadcast the handover of its last-ever jumbo jet to cargo carrier Atlas Air. The ceremony will be streamed live on the Boeing website at 16:00 US eastern time on January 31. "Thousands of people – including...
Coulson Aviation to help quench Australian bush fires
Canada's Coulson Aviation has won a two-year government contract for Australia’s National Large Air Tanker (LAT) fire-fighting service. A converted Boeing 737, Tanker 139 is the newest addition to Coulson’s FireLine fleet and will be based in Sydney, for deployment...
AvAir and Sanad to broaden aircraft component swap options
Arizona-based inventory solutions provider AvAir has signed a deal with Sanad Group to provide asset management solutions for Airbus, Boeing, and Embraer components. The tie-up, AvAir said, will "create one of the world’s largest component exchange pools, allowing...
Rating agency sees uneven growth for airports continuing into 2023
Credit ratings agency DBRS Morningstar says growth prospects for airports "may vary" in 2023, with North America likely to fare better than Europe due to a more favourable macroeconomic outlook. "We believe the large domestic market segment in the US will provide more...
Sky Harbour announces Texas expansion
Aviation infrastructure business Sky Harbour is to double its campus size at Addison Airport in Texas. "Addison is positioned in a prime location within the Dallas metro centre and enjoys outstanding airport management. We believe the expanded Sky Harbour campus will...