MRO News Archive

Maintenance, repair and overhaul news from around the world

NetJets to add a fleet of Lilium Jets

NetJets, the private aviation company, and FlightSafety International, professional aviation training company, have signed a Memorandum of Understanding (MoU) with Lilium (Lilium), makers of an all-electric vertical take-off and landing (eVTOL) jet, for a proposed...

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Joby Aviation prototype crash

On February 16, 2022, Joby Aviation, announced that one of its remotely piloted, experimental prototype aircraft was involved in an accident during flight testing at its remote flight test base in California. There were no injuries reported but the crash is being...

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Embraer reports Q4 and fiscal year 2021 earnings

Embraer has reported revenues of US$1.3 billion in the fourth quarter and US$4.2 billion in 2021, in line with guidance for revenues of US$ 4.0 – US$ 4.5 billion. Adjusted EBIT and EBITDA margins for 2021 reached guidance of 3.0% – 4.0% and 8.5% – 9.5%. Embraer...

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Boeing delivers 22 aircraft in February

Boeing has delivered 22 jetliners to customers in February 2022 -20 MAX aircraft, one 777F and one 747-8F. Boeing secured 37 new orders last month: 32 737 Maxes, including 18 for lessor Air Lease Corp, the rest were for unidentified customers. An unidentified customer...

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Gatwick looking forward to a strong summer

Despite continually changing travel restrictions - and the emergence of the Omicron variant - an encouraging end to 2021 saw passenger numbers at Gatwick exceed 1 million in August, September, October, and December - helping reduce the airport’s annual losses to...

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Avion unveils new Flight Training Center in Greece

Dutch full flight simulator manufacturer Avion Group has unveiled Koropi as the location of its newest training center in Greece. The facility in Koropi is located within ten minutes of Athens International Airport. The new center will feature the Avion A320 Level D...

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Cargojet reports Q4 and full year results

Cargojet has reported total revenues for the fourth quarter of 2021 of C$235.9 million compared to fourth quarter 2020 revenues of C$187.1 million. The cargo carrier’s gross margin for the quarter was C$76.7 million compared to 2020’s gross margin of C$69.3...

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