LAN Cargo (LATAM Cargo) will operate an additional aircraft and, as a result, LATAM Cargo and its related carriers will end 2022 with a fleet of 16 767 freighters. “This aircraft will allow us to continue strengthening our value proposition through a broader and...
MRO News Archive
Maintenance, repair and overhaul news from around the world
ST Engineering selects PowerFleet
ST Engineering has selected PowerFleet industrial telematics solutions for the Maintenance Repair Operations (MRO) at its airframe facility in San Antonio. ST Engineering’s San Antonio facility will utilize PowerFleet’s telematics solutions to improve overall...
Willis Lease reports second quarter pre-tax income of $11.0 million
Willis Lease Finance Corporation has reported second quarter total revenues of $78.1 million. For the three months ended June 30, 2022, aggregate lease rent and maintenance reserve revenues were $60.9 million and spare parts and equipment sales were $6.8 million....
Spirit AeroSystems reports second quarter 2022 results
Spirit AeroSystems reported revenue of $1.3bn for the second quarter of 2022 – up 26% on last year’s result. The company posted an operating loss of $105 million and a net loss of $122 million. “Like many other companies, this past quarter we experienced challenges...
Embraer reports second quarter 2022 results
Embraer has reported consolidated revenues of US$1,018.9 million at the end of the second quarter of 2022 (2Q22) representing a decrease of 9.9% over the year mostly driven by lower deliveries in Commercial and Defense & Security and partially offset by higher...
Global X agrees to convert an A321 to A321 P2F with Icelease
Global Crossing Airlines Group (GlobalX) signs a definitive agreement with Icelease to convert an Airbus A321 aircraft (MSN 2840) and lease to GlobalX for a period of eight years. The aircraft is currently flown by GlobalX in passenger configuration and will be...
Contrail Aviation expands book and leadership team
Contrail Aviation Support, a full-service engine asset management platform and supplier of surplus and aftermarket commercial jet engine components, has announced that over the past 12 months, the company has acquired A318s (CFM56-5B powered), A320s (V2500 powered),...
Boeing reports second-quarter results
Boeing has reported second-quarter revenue of $16.7 billion, GAAP earnings per share of $0.32 and core loss per share (non-GAAP) of ($0.37), driven by lower defense volume and unfavorable performance, partially offset by higher commercial volume. Boeing recorded...
GE Aerospace strong in the second quarter
GE, which has recently split into three independent companies, has reported total revenue of $18.6bn for the second quarter of 2022, driven by a strong performance by GE Aerospace. GE Chairman and CEO and GE Aerospace CEO H. Lawrence Culp, Jr. said, “The GE team...
Senator International Chile joins LATAM “Let’s Fly Neutral” program
Senator International Chile , an international cargo transport company, signed an alliance with LATAM Cargo, joining the "Let’s Fly Neutral" program promoted by the airline. The program goal is to encourage customers to offset through a collaborative approach; for...
Daher selects PT6A-140A to power new Kodiak single-engine turboprop
Pratt & Whitney Canada has announced that Daher Aircraft has selected the PT6A-140A engine to power its new Kodiak utility aircraft – the Kodiak 900. “Daher’s selection of the PT6A-140A engine for its latest Kodiak aircraft further asserts the reliability and...
Embraer delivers 11 commercial and 21 executive jets in 2Q22
Embraer has delivered 32 jets in the second quarter of 2022, of which 11 were commercial and 21 were executive jets (12 light and nine large). As of June 30, the company has delivered a total of 46 aircraft (17 commercial and 29 executive). The firm order backlog...