Maintenance, repair and overhaul news from around the world
Sky Airline has signed with Seabury Solutions ‘Alkym’, as an information technology solution to replace its existing Aircraft Maintenance Management tool. Sky Airlines claims that the new system will allow to streamline all the maintenance processes and, simplify the...
The International Air Transport Association (IATA) released data for September 2022 global air cargo markets showing that air cargo demand had softened. IATA reported that the global demand fell 10.6% compared to September 2021 but continued to track at near...
Atitech has finalised the acquisition of Alitalia E&M from Alitalia. The company reports that the EASA.IT 145.0026 Atitech certification has been extended including the Alitalia capabilities for line maintenance, base maintenance and shops. The EASA CAMO PART M...
Bombardier has reported a strong third quarter with solid revenue of $1.5bn and a 20% year-over-year aftermarket increase to $372 million mostly due to increased flight hours and expansion of Bombardier’s service centres in strategic locations around the world....
Rolls-Royce closed the first nine months of 2022 with £2.0bn cash along with £5.5bn in undrawn committed facilities. This included a £1bn five-year sustainability-linked loan, supported by an 80% guarantee from UK Export Finance (UKEF). In September 2022, Rolls-Royce...
Joby Aviation closed the third quarter of 2022 with $1.1bn in cash and short-term investments to support operations. Net cash used in operating activities and purchases of property and equipment totaled $207 million in the first nine months of 2022, with $74 million...
Baltic Ground Services (BGS) has signed a contract with SkyUp Airlines to provide ground handling services at Vilnius International Airport in Lithuania and plane fuelling services at Riga International Airport in Latvia and Tallinn International Airport in Estonia....
Farsound recently opened a new facility close to Madrid Barajas Airport to serve its airline customer Iberia. The new facility will supply and maintain key components for aero engines for Iberia’s fleet of aircraft. Apart from the additional space, staff, and...
Eviation Aircraft’s order book for the nine-seater Alice airplane recently passed a total value of $2bn. Just recently Eviation conducted the first successful test flight of Alice aircraft and since then, Eviation is focussed on its certification to pave the way for...
NEOM has invested $175 million in Volocopter. This deal expands NEOM's strategic partnership with Volocopter to progress an advanced air mobility industry in Saudi Arabia. Nadhmi Al-Nasr, Chief Executive Officer at NEOM, said: "This crucial investment aligns with the...
Vallair has purchased two A320s from Aviation Capital Group (ACG) for teardown. The aircraft (MSN 2372 and MSN 2393) are both 2005 vintage and the airframes will be dismantled at Vallair’s facility in Montpellier, France. Armando Filho, Material Management Director of...
Hong Kong Aircraft Engineering Company (HAECO) has signed a memorandum of understanding with EHang. As a part of the deal, both companies will cooperate in multiple areas such as manufacturing and assembly, continued airworthiness, digital platforms, aircraft...