Maintenance, repair and overhaul news from around the world
GA Telesis (GAT) has delivered three A320 aircraft on long-term lease to SmartLynx Airlines. The aircraft are part of the GA Telesis-owned fleet and were delivered to SmartLynx throughout 2022. GA Telesis’ Leasing, Investment, Financing & Trading (LIFT) Group has...
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...
WestJet and Swissport are expanding their cooperation in Hawaii. The Canadian airline now relies on Swissport's ground services at all four destinations it serves on the islands. The expansion also brings the addition of a new airport to Swissport’s vast and growing...
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”...
Air Transport Service Group (ATSG) reported revenue of $517 million, up by $51 million, and an operating cash flow of $148 million as against $122 million reported for the same time last year. Besides Q3 revenues from ATSG’s three airline subsidiaries increased 8% to...
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...
In an interesting development, AAR has donated a functional aircraft to Rock Valley College’s Aviation Maintenance Program recently. The fully functional CRJ-200 aircraft will aid in aviation-focused education in Illinois. Ryan Goertzen, AAR’s Vice President of...
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....
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...
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...