In the first three months of 2021, the financial performance of the Fraport Group continued to be severely impacted by the Covid-19 pandemic. With passenger traffic still down at Frankfurt Airport and across the Group's airports worldwide, Group revenue declined by...
MRO News Archive
Maintenance, repair and overhaul news from around the world
ATR to optimise Asia Pacific repairs with Skyways Technics
Turboprop manufacturer ATR is strengthening its partnership with Skyways Technics’ Malaysian branch, to further support aftermarket needs in the Asia Pacific region. The company claims the synergy will offer support and facilitate the management of sensitive...
IAG Cargo reports strong Q1 revenues
IAG Cargo, the cargo arm of International Airlines Group (IAG), has reported revenues of €350 million from January 1 to 31 March 2021; an increase of 50% at constant currency versus the same period last year. Overall yield for the quarter was also up 106% at constant...
IATA: “Irresponsible” Rise in Spanish Airport Charges Will Damage Economic Recovery and Jobs
The International Air Transport Association (IATA) has warned that proposals by AENA to increase user charges at the 46 airports it operates across Spain could damage Spain’s economic and employment recovery from COVID-19. The proposals presented to the DGAC for...
IATA air cargo figures outperform
International Air Transport Association (IATA) March 2021 data for global air cargo markets shows that air cargo demand continued to outperform pre-COVID levels (March 2019) with demand up 4.4%. March demand reached the highest level recorded since the series began in...
STS and AELF execute long-term maintenance agreement
STS Aviation Services (STS), the aircraft maintenance, repair and overhaul provider, has signed a long-term base maintenance agreement with Aircraft Engine Lease Finance (AELF). “We are extremely delighted that AELF has awarded STS a long-term base maintenance...
Samskip launches Samskip Air
Samskip has established a dedicated air freight business, adding significant new options to a service portfolio that already includes rail, road, shortsea and inland waterway links throughout Europe and global cargo logistics solutions. On May 1, 2021 Samskip Air...
Lufthansa Group and BASF roll out sharkskin technology
From 2022, Lufthansa Cargo will equip all Boeing 777 freighters with AeroSHARK – an innovative surface technology from Lufthansa Technik and BASF that improves fuel efficiency and helps airlines to reach sustainability targets. The lower the frictional resistance of...
Lufthansa Group and BASF roll out sharkskin technology
From 2022, Lufthansa Cargo will equip all Boeing 777 freighters with AeroSHARK – an innovative surface technology from Lufthansa Technik and BASF that improves fuel efficiency and helps airlines to reach sustainability targets. The lower the frictional resistance of...
Record results for Cargolux
Cargolux has announced record 2020 results: a net profit after tax of $768.7m – nearly four times its highest previous record of $211m, in 2018. The Luxembourg carrier’s revenues were $3.17bn, while its EBIT margin was 31.3%. “Cargolux is proud of the fact that the...
Heathrow Vs CAA – Round 1
London Heathrow and the UK Civil Aviation Authority today came to verbal blows after the CAA (regulator) rebuffed Heathrow’s demand to raise fees by £2.6 billion. The CAA said this claim was “disproportionate” and limited Heathrow to a £300 million per annum increase...
LOTAMS performs 737 NG redelivery check for Air Europa
In April, the LOTAMS employees finished a C-check for the Spanish airline Air Europa. The scope of the EC-ISN redelivery check included aircraft painting and the C-check with structural and system tasks. The cooperation of the Polish maintenance company with Air...