AvSight, a provider of cloud-based operations management software to maintenance, repair and overhaul providers, as well as parts and leasing businesses, has completed a major growth equity deal with software investment company Arcadea Group. It will use the growth...
MRO News Archive
Maintenance, repair and overhaul news from around the world
Boeing delivered 152 commercial aircraft in Q4 2022, taking it to 480 for the year
Ahead of announcing 2022 fourth quarter (Q4 2022) financial results on January 25, Boeing said it delivered 152 commercial aircraft during the period and 480 throughout the year. The majority of the Q4 output was made up of 737s, with Boeing reporting delivery of 110...
Toronto-Pearson gets automated infectious disease surveillance facility
Fusion Genomics has opened "first-of-its-kind" automated infectious-disease surveillance facility at Toronto Pearson International Airport. Using Fusion’s DNA sequencing-based ONETest platform, the facility, Fusion said on January 10, will allow detection of...
Venture capitalists predict increasing public confidence in eVTOLs
Eight out of ten private equity and venture capital professionals expect public confidence in electric vertical take-off and landing (eVTOL) aircraft to increase over the next three years, according to a survey by aerospace business Horizon Aircraft. Almost two in ten...
Delta Air Lines to provide free wifi to mileage club members
Delta Air Lines said on January 5 it will team up with T-Mobile to offer members of its SkyMiles program free in-flight wifi. The service will run from February 1, the airline said, and would not be limited to T-Mobile subscribers. “T-Mobile customers already get free...
Newark’s new terminal opening confirmed for January 12
A month later than planned, the new US $2.7 billion Terminal A at Newark Liberty International Airport will open for business on January 12, the Port Authority of New York and New Jersey has announced. In a January 6 statement, the authority said Elizabeth mayor Chris...
European and North American air cargo down in November: IATA
Data published by the International Air Transport Association (IATA) on January 9 show air cargo volumes falling year-on-year in Europe and North America in November. According to the IATA, which represents 300 airlines, North American carriers posted a 6.6% decrease...
GA Telesis disassembles three engines towards year-end, strengthens inventory pool
GA Telesis (GAT) ended the year 2022 on a positive note with the disassembly of additional three CFM56-5B, one CF6-80C2 and one PW4056-3 engines. These engines are a part of a lease return pool sourced from the Company’s Asset Transaction Group and will be managed...
Honeywell selects AvAir as its worldwide distributor of APUs
Honeywell has selected AvAir as the exclusive worldwide distributor of its 85- and 95-series auxiliary power units (APUs), including spares for all commercial and defense applications. Moe El-Khatib, vice president - defense at AvAir said: “"We're excited to announce...
FTAI Aviation and Unical Aviation acquires iAero Thrust
FTAI Aviation and Unical Aviation has completed the acquisition of substantially all of the assets of iAero Thrust. The acquired assets and facilities are based in Miami and will be rebranded QuickTurn Engine Center. Joe Adams, CEO of FTAI, said: “We are excited to...
Lufthansa Cargo forecasts positive outlook for air freighter industry in 2023
Lufthansa Cargo recently released a positive outlook for 2023 predicting return to operational normalcy and highlighting key areas of freight capacity, digitization and artificial intelligence, and sustainability. Lufthansa predicts that although supply chains woes...
GA Telesis sets a new record in lease & sale of Honeywell & Pratt APUs
GA Telesis has reported a record performance of leasing and selling of Honeywell and Pratt & Whitney APUs to its customers throughout 2022. The team set a high benchmark during its debut year, and forecasts continued market share growth heading into 2023 and...