MRO News Archive

Maintenance, repair and overhaul news from around the world

Iberia Maintenance returns 38 aircraft into operation

With the lifting of travel restrictions and then flight bookings peak, Iberia Maintenance has supported its customers to increase the number of operating aircraft in their fleets and has returned into operation 38 A32X aircraft from its customer base during the last...

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Etihad Cargo posts mid-year revenue increase

Etihad Cargo, the cargo and logistics arm of Etihad Aviation Group, has announced record-breaking results for the first half of 2022, achieving year-on-year revenue growth of 6 per cent compared to H1 2021 and contributing 35 per cent of Etihad Aviation Group's...

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Boeing reports second-quarter results

Boeing has reported second-quarter revenue of $16.7 billion, GAAP earnings per share of $0.32 and core loss per share (non-GAAP) of ($0.37), driven by lower defense volume and unfavorable performance, partially offset by higher commercial volume. Boeing recorded...

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GE Aerospace strong in the second quarter

GE, which has recently split into three independent companies, has reported total revenue of $18.6bn for the second quarter of 2022, driven by a strong performance by GE Aerospace. GE Chairman and CEO and GE Aerospace CEO H. Lawrence Culp, Jr. said, “The GE team...

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Air Europa selects AerFin’s Component Support Program

Spanish carrier Air Europa has appointed AerFin to support its fleet of seven E190 E-Jet aircraft with a fully bespoke component support program. The BeyondPool support program will provide a dedicated cost-effective solution for managing the phase-out of the...

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MTU Aero Engines continues to grow and confirms its forecast

MTU Aero Engines grew revenue by 23% to €2.47 billion in the first half of 2022 (1-6/2021: €2.00 billion). The operating profit increased by 53% from €190 million to €290 million. The adjusted EBIT margin rose from 9.5% in the first half of 2021 to 11.7% in the first...

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SIA Engineering Group reports Q1 net profit

During the first quarter, SIA Engineering Group revenue for the first quarter of FY2022-23 increased 36.9% year-on-year to $171.5 million. The increase was largely driven by the increase in line maintenance revenue due to the higher number of flights handled. The...

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