Maintenance, repair and overhaul news from around the world
Archer Aviation closed the Q3 of 2022 with cash, cash equivalents, and short-term investments of $600 million. The company reported total operating expenses of $93.8 million and a net loss of $91 million. During the reporting period, Archer achieved an important...
Heathrow reports that it served 5.9 million passengers in October, 84% of 2019 levels. Year to date the UK airport has served 50 million passengers, 74% of 2019 levels. The airport reports that the leisure market has been buoyant thanks to the half term getaway, with...
Gulf Air signed a four-year exclusive contract with MTU Maintenance for the maintenance, repair, and overhaul of V2500 engines powering its A321ceo fleet. Commenting on the agreement Gulf Air Chief Executive Officer Captain Waleed Al Alawi said: “Gulf Air has been...
NASA has selected Pratt & Whitney to develop advanced engine technologies to reduce fuel consumption and emissions for next generation single-aisle aircraft. The Hybrid Thermally Efficient Core (HyTEC) project is part of NASA’s Sustainable Flight National...
AirAsia passengers might face disruptions as the airline plans to upgrade its reservation and passenger processing systems for an enhanced online experience. The airline will conduct the system upgrade from November 23, 2022, 09:00 PM (GMT+8) up to 24 November 2022,...
KF Aerospace recently got the 100th order of Automatic Dependent Surveillance-Broadcast (ADS-B) Out solution for B737 classic aircraft. The ADS-B is a surveillance technology that allows equipped aircraft to broadcast their identity, location, and other information...
Hamad International Airport recently launched its expansion project. The expansion started in 2019, and phase I of this work has been completed as of November 10, 2022. With the new expansion, the airport can handle over 58 million passengers, just in time for the...
Centralny Port Komunikacyjny (CPK) has completed the tender related to the construction of Poland's new CPK airport and signed an agreement with a consortium of Foster + Partners and Buro Happold, whose bid was found to be the most advantageous in the proceedings for...
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...
HAECO and GE have signed a GE Branded Services Agreement (GBSA) for CF34- 10A engines. The GBSA will enable HAECO Engine Services (Xiamen) to perform OEM-standard maintenance, repair and overhaul (MRO) services for the engine type with support from GE. As the GBSA...
dnata posted strong revenue growth in the first six months of 2022-23 with increased air and passenger traffic across global markets. dnata’s cargo and ground handling, catering and retail, and travel services also saw a significant uptick in operations. dnata...