Maintenance, repair and overhaul news from around the world
Security officers have gone on strike at London Heathrow Airport after the breakdown of "last minute talks" at conciliation service Acas. The 1,400 workers, who went on strike over pay in April 2023, had announced in the meantime that they would be downing tools...
Avia Soluti0ns Group company Magma Aviation has started "regular scheduled flights to China". "The company’s China operations address a growing demand and broaden its access to customers in the APAC region," the company said, of the three to four times per week...
J&C Aero has finished a full-cycle Airbus A320 reconfiguration project for aircraft asset investment company Arena Aviation Capital. “Aircraft transition between operators is a complex process involving various risks, including those related to aircraft cabin...
Vertical Aerospace has reported a net operating loss of £23 million for the first quarter of 2023. The loss was a widening of the £18 million in Q1 2022 and reflected "investments in the advancement of our electric battery technology at our recently opened Vertical...
Despite a net loss of around $113 million, electric aircraft developer Joby Aviation said it continued at the end of the first quarter of 2023 (Q1 2023) "to maintain a strong balance sheet with $978 million in cash and short-term marketable securities". The loss was...
The first collective bargaining agreement between WestJet and the Unifor bargaining unit at Toronto Pearson Airport was on May 3 ratified by Unifor's members, WestJet announced. "WestJet is pleased to share that the agreement negotiated with Unifor has been ratified...
Around 275 workers at Edinburgh Airport are to vote on going on strike in a dispute over pay. Trade union Unite said the possible strike would cause "chaos" at the airport during summer and demanded airport management "get back round the negotiating table with an...
Norse Atlantic Airways has announced the start of sales on its soon-to-be-launched Caribbean routes between London Gatwick to Barbados, Kingston and Montego Bay. Flights to Barbados will operate daily from 29th October 2023, with Kingston to operate three times a week...
Fitch Ratings has downgraded Western Global Airlines’ (WGA) Long-Term Issuer Default Rating (IDR) to 'CCC-' from 'B-'. Fitch has also removed the IDR from Rating Watch Negative. Fitch has downgraded WGA's senior unsecured notes to 'CC'/'RR5' from 'B'/'RR3'. The rating...
Abu Dhabi-based Knighthood Global has invested in Odys Aviation, a sustainable aircraft company building hybrid-electric vertical takeoff and landing (eVTOL) aircraft for regional connectivity based in Long Beach, California. As part of the arrangement, James Hogan,...
Lufthansa Technik has increased earnings (adjusted EBIT) by five percent to €135.2 million in the first quarter compared to the same period last year. The MRO firm increased its revenue by more than 15% to €1.5bn . The targets for the full year are correspondingly...
Airbus Perlan Mission II, the world’s first initiative to pilot an engineless aircraft to the edge of space, has successfully completed a flight test campaign in the US, clearing the way for an attempt later this year to set a new aviation world altitude record for...