Analysts Cowen reiterated its outperform rating on the shares of US carrier Atlas Air Worldwide and the firms has increased its price target for the firm’s share to $40 from $37.According to Cowen, Atlas should see benefits from belly capacity reduction in China due...
MRO News Archive
Maintenance, repair and overhaul news from around the world
Seamless Air Alliance launches inflight connectivity standard
The Seamless Air Alliance (SAA) published an inflight connectivity standard on February 18, intended to improve internet access to passenger on airplanes.In a statement the SAA said that the standard has been developed in collaboration with industry experts across the...
Collins Aerospace and Lufthansa Technik sign A320neo nacelle MRO license agreement
Collins Aerospace Systems, a unit of United Technologies , and Lufthansa Technik announced a licensing agreement for nacelle Maintenance Repair & Overhaul (MRO) services on A320neo aircraft. Collins Aerospace, the original equipment manufacturer for the A320neo...
Leidos and Rusada team up to deliver aviation MRO and flight operations software
Leidos has inked a partnership agreement with Rusada to become a systems integrator for Envision Rusada’s Aviation Maintenance Repair and Overhaul (MRO) and Flight Operations software.Envision is used by aircraft operators, MRO providers and manufacturers to...
Gulfstream Aerospace promotes CIO, Sheryl Bunton, to senior vice president
Gulfstream Aerospace promotes chief information officer, Sheryl Bunton, to senior vice president, which means she is now and is now a member of the company’s senior leadership team.Bunton joined Gulfstream in 2015 and has established and delivered companywide...
LATAM Cargo begins two new routes for US originated cargo to Central and South America
The new Miami-Panama-Bogota and Miami-Cali routes begin operations on February 11. The routes will be served on a permanent basis, with two frequencies per week and will be operated by B767-300F aircraft. The new service will satisfy demand for general cargo,...
ST Engineering’s Aerospace secures three-year airframe heavy maintenance contract
ST Engineering’s Aerospace arm has secured a three-year airframe heavy maintenance contract from an unnamed major North American airline. ST Engineering will provide heavy maintenance support on the airline’s fleet of Airbus A320 family aircraft of A319, A320,...
AEI wins order for two MD-83SF freighters for Aeroinaves TSM
Aeronautical Engineers (AEI) has signed a contract to provide Saltillo, Mexico-based Aeronaves TSM (TSM) with two additional AEI MD-83SF freighter conversions. The first MD-83 (MSN 49945) will commence modification in March 2020, followed by the second MD-83...
IFS secures aircraft fleet retirement consignment agreement
Arizona-based Infinity Trading & Solutions (IFS) has announced a partnership and aircraft retirement agreement with Gorm Asset Management which will cover an unspecified number of B737-700/-800 aircraft over a multi-year contract. This deal will strengthen ITS...
Atlas Air and Southern Air prevail in US District Court actions brought by Teamsters Pilot Union
Atlas Air Worldwide has confirmed that Atlas Air and Southern Air have prevailed in dismissing two legal actions brought by their pilot union, the International Brotherhood of Teamsters. The union filed these lawsuits last summer, seeking to vacate the management...
Jet Parts Engineering receives FAA approval on 18 new PMA parts
PMA parts supplier Jet Parts Engineering (JPE) has received FAA approval on 18 new PMA parts. The most recent additions to JPE’s extensive offerings include interior seat track covers that apply across a broad range of Boeing aircraft, thrust reverser seals for the...
KF Aerospace signs maintenance contract with Canada’s Air Transat
KF Aerospace has signed a contract with Canada’s Air Transat to provide heavy maintenance and modifications on the Montreal-based airline’s fleet of aircraft, including the A321, B737NG, and A330 widebody. KF has already invested in the staffing and tooling capability...