Maintenance, repair and overhaul news from around the world
HAECO ITM has signed an exclusive contract with Silk Way West Airlines to provide inventory technical management support to the airline’s Boeing 747-8F fleet. The new agreement will run until 2029. Under the new agreement, Silk Way West Airlines will benefit from...
Willis Lease Finance Corporation has reported second quarter total revenues of $78.1 million. For the three months ended June 30, 2022, aggregate lease rent and maintenance reserve revenues were $60.9 million and spare parts and equipment sales were $6.8 million....
Spirit AeroSystems reported revenue of $1.3bn for the second quarter of 2022 – up 26% on last year’s result. The company posted an operating loss of $105 million and a net loss of $122 million. “Like many other companies, this past quarter we experienced challenges...
Embraer has reported consolidated revenues of US$1,018.9 million at the end of the second quarter of 2022 (2Q22) representing a decrease of 9.9% over the year mostly driven by lower deliveries in Commercial and Defense & Security and partially offset by higher...
Agility, a supply chain services, infrastructure and innovation company, has finalized its acquisition of UK-based John Menzies and will combine the business with its National Aviation Services (NAS) business to create a new aviation services provider in 58 countries....
London City served 640,000 passengers across June and July and remains on course to reach the 3 million mark by the end of the year. August is also set to be busy, with over 300,000 passengers expected to travel as the airport closes in on one million passengers for...
Flybe has announced a partnership with TrustFlight and its suite of digital tools, including Tech Log, AMOS and Centrik, designed to enhance the airline’s safety, regulatory compliance, and continuing airworthiness. The combination of TrustFlight’s industry expertise...
Rolls-Royce has reported underlying revenues up 4% to £5.31bn, which were boosted by a market recovery in its power systems business and an improvement in civil aerospace. The company said that it had cut its cash burn by £1.1bn to £68mn compared to the prior-year...
India’s Directorate General of Civil Aviation (DGCA) has called on airlines to increase their engineering-related capabilities at all base and transit stations. The move comes after a series of safety-related incidents. Airlines have also been asked to take...
Global Crossing Airlines Group (GlobalX) signs a definitive agreement with Icelease to convert an Airbus A321 aircraft (MSN 2840) and lease to GlobalX for a period of eight years. The aircraft is currently flown by GlobalX in passenger configuration and will be...
Contrail Aviation Support, a full-service engine asset management platform and supplier of surplus and aftermarket commercial jet engine components, has announced that over the past 12 months, the company has acquired A318s (CFM56-5B powered), A320s (V2500 powered),...
The International Air Transport Association (IATA) released data for global air cargo markets showing healthy and stable performance. Global demand, measured in cargo tonne-kilometers (CTKs), was 6.4% below June 2021 levels (-6.6% for international operations). This...