SR Technics has announced the successful financing and new company strategy to reposition the brand in the changing market environment. SR Technics has now agreed upon an additional credit line of CHF 120 million with its existing consortium of lending banks,...
MRO News Archive
Maintenance, repair and overhaul news from around the world
Air Partner Redline contract win with ISS Australia and New Zealand
Air Partner, the global aviation services group, has entered the Australian market through its security business Redline, which has been appointed to develop and deliver a robust Security Management System (SeMS) for ISS Australia and New Zealand (ISS). The system...
Czech Airlines Technics signs new long-term base maintenance agreement with Finnair
Czech Airlines Technics (CSAT) has signed a new Base Maintenance Agreement with Finnair, one of CSAT’s major customers within this division. The long-term co-operation contract was entered into for three years with an option for additional three years. CSAT will thus...
FLYdocs signs lease return services deal with Brussels Airlines
Brussels Airlines recently partnered with FLYdocs to support its end-of-lease (EOL) return services for a fleet of five Airbus A319 aircraft. The partnership between the two subsidiaries of the Lufthansa Group will see FLYdocs build and audit digital records...
Sparfell and LaudaMotion Executive implement Skylegs
Aviation group SPARFELL and its Austrian AOC LaudaMotion Executive fully implement Skylegs Aviation Management solution this month. The platform grants the aviation group easy management of activities carried out for their excellent flight services: starting from...
EASA to mandate Rolls-Royce Trent LPT disc inspections
EASA plans to mandate inspections of certain Rolls-Royce Trent 1000 low-pressure turbine (LPT) discs following a report from the firm that of the potential for cracks. EASA’s proposed airworthiness directive (AD), issued July 6, calls for operators of Boeing 787s with...
GKN Aerospace continues Jet engine Biofuel testing
FMV (Swedish Defence Materiel Administration) has contracted GKN Aerospace Sweden to continue biofuel testing of the RM12 engine. The biofuel for this test is an ATJ (alcohol to jet)-SKA developed and manufactured by Swedish Biofuels. The test is part of a bilateral...
Finavia inks electric aircraft deal
Finnish airport company Finavia and the Helsinki Electric Aircraft Association have signed a cooperation agreement with the objective of introducing a new generation of electric aircraft in Finland. “Finavia’s objective is to continue the reduction of emissions caused...
France €15 billion support package aims to develop “green” aviation sector
Support for research and development is a critical part of France’s recently announced €15 billion package for its aeronautical sector as the country’s government looks to use the COVID 19 crisis to develop a world-leading green aviation sector, according to Eric...
Credit Agricole closes freighter debt refinancing
On May 29, CA-CIB closed the commercial debt refinancing of a Boeing 777 Freighter for a KG fund managed by the Munich based asset manager LHI Group. The 10-year-old aircraft is leased to a major cargo and express freight airline”.
ITS to teardown Boeing 737-800
ITS has announced the teardown of a Boeing 737-800 (MSN 28324). Dismantlement will take place in Wales, UK in late June. The Boeing 737 platform is a major focus at ITS, To meet the needs of their global customer base, the company maintains a large volume of inventory...
ATR and Finnair sign 10-year maintenance contract
ATR and Finnair have signed a 10-year Global Maintenance Agreement (GMA). Through this package, Finnair and Nordic Regional Airlines (NoRRA) – who operates Finnair’s regional ATR traffic – will benefit from a customised support from ATR, which will help the airline...