MRO News Archive

Maintenance, repair and overhaul news from around the world

Atlas reports revenue increase in 2022

Atlas Air has reported net income of $355.9 million ($10.53 per diluted share), adjusted net income of $418 million (or $14.23 per diluted share) and earnings [EBIDTA] of $899.2 million for 2022, with the fourth quarter (Q4 2022) equivalents coming in at $126 million,...

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Four aviation companies form Tel Aviv-based Vector Group

The main shareholders of Electra Airways, Classic Air, ETG Maintenance and Maverick Horizon have set up Vector Group, based in Tel Aviv, as a "vertically integrated" amalgam of the quartet. The group brings together Bulgarian airline Electra, compatriot maintenance...

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Flexjet buys Constant Aviation

Private flyer Flexjet has acquired maintenance, repair and overhaul (MRO) provider Constant Aviation in what it claimed as "one of the most significant infrastructure investments in the history of our industry.” “Integrating Constant Aviation into Flexjet is part of...

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Porter links Toronto and Calgary with twice-daily flights

Porter Airlines has completed its maiden flight between Toronto Pearson International Airport and Calgary International Airport. The service kicks off with twice-daily return flights but will be increased to three a day from June 1. "The launch of service in Calgary...

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Rolls-Royce reports 2022 profit lifted by aviation sector

Rolls-Royce's £238 million  (US$286 million) 2022 profit increase was part-driven by "strong new order wins" in civil aerospace, the UK manufacturer reported on February 23. Defence and "a record order book in power systems" also contributed to what Rolls-Royce...

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AAA extends Finnair deal by five years

Aviator Airport Alliance (AAA), a "full-range" provider of aviation services at 15 airports in Scandinavia and the Baltic region, is to extend its partnership with Finnair by five years. The Avia Solutions Group-owned AAA will provide ramp handling services for...

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Schiphol imposes 5% morning passenger cut for May holidays

Schiphol Airport in Amsterdam is to implement a 5% cut to the number of seats that can be booked on flights out of the hub during May holidays. The airport, one of Europe's biggest and busiest, said it would be gradually expanding the number of travellers that can...

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Google Pay option offered by airBaltic

Latvia's airBaltic has added a Google Pay option for its flight booking system in what it said would make payment "a seamless process". "We are happy to go one step further, by adapting to the payment practices of passengers. Our goal is to provide customers with the...

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FedEx pilots to vote on strike

The FedEx Express master executive council of the Air Line Pilots Association, International (ALPA) has unanimously backed the union's pilots holding a strike authorisation vote. The vote decision comes after contract negotiations between the pilots and FedEx...

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