TransDigm Group (TDG) has entered into a definitive agreement to acquire Arkwin Industries, Inc., for approximately $286m in cash. The acquisition, subject to regulatory approvals and other customary closing conditions, is expected to close in the third quarter of fiscal 2013. Arkwin, located on Long Island, New York, manufactures proprietary, highly engineered aerospace hydraulic and […]
TransDigm to acquire Arkwin Industries Read More »
SR Technics, part of the Mubadala Aerospace MRO network, has established its senior management team, comprising experienced Malaysian and Swiss professionals, and has recruited 17 Technicians and four Certifying Technicians of Malaysian nationality for its new component repair facility in Kuala Lumpur, Malaysia, which is due to open at the end of 2013. Heading the
SIAEC Group posted a profit attributable to owners of the parent of $270.1m for the financial year ended 31 March 2013, an increase of $1.0m on or 0.4% over last year. Operating profit was $1.5m or 1.2% lower at $128.1m. Revenue was $23.2m or 2.0% lower, mainly due to lower fleet management and project revenue.
SIA Engineering Group posts profit of $270.1m for full year 2012-13 Read More »
Petra Airlines, a privately-owned Jordanian airline, set up by the RUM group and which began operations in 2010, has signed a contract with AFI KLM E&M covering component support for its two A320s, including a third aircraft by the end of this year. The agreement includes flat-rate repair services and flight-hour pool access.
Petra Airlines entrusts A320 component support to AFI KLM E&M Read More »
Turbomeca reported the qualification of Sky Tech LLP, as Certified Maintenance Center (Level 1&2) in Kazakhstan for Turbomeca Arriel 2B/2B1/2D and Arriel 1E2 engines, respectively powering EC130, AS350 and EC145 helicopters. The company’s facilities are located at Airport Boraldai – Almaty Region. With a current fleet of 52 Turbomeca engines in service and further 100
Sky Tech becomes new partner in Turbomeca Certified Maintenance Center network Read More »
Boeing and Southwest Airlines reported the launch of the 737 MAX 7, the third member of the 737 MAX family. The Dallas-based carrier and launch customer for the 737 MAX program became the first airline to order the 737 MAX 7, when it converted 30 existing orders for Next-Generation 737s into orders for the 737
Boeing and Southwest Airlines announce launch of 737 MAX 7 Read More »
AeroCentury, an independent aircraft leasing company, released its operating results for the first quarter ended March 31, 2013. The Company reported net income of $4.1m for the first quarter of 2013, compared to net income of $1.3m for the first quarter of 2012. Total revenues were $12.8m for the first quarter ended March 31, 2013
AeroCentury reports first quarter net income of $4.1m Read More »
Avtrade, a leading component support expert with UK headquarters and operations in Dubai, Moscow and Singapore specializing in tailor-made aircraft support solutions, has contracted DB Schenker to store, manage and provide local logistics services to support their Dubai and Singapore operations. This will endorse Avtrade’s commitment to offer enhanced support to the Gulf and Asian
Avtrade selects DB Schenker to provide logistical support in the Gulf and Asia regions Read More »
AJW Aviation has been chosen by Air Arabia Egypt to provide power-by-the-hour support and leased inventory for two of its A320 aircraft. Air Arabia Egypt is a joint venture between Air Arabia; – the first and largest low-cost carrier in the Middle East and North Africa – and the travel and tourism company Travco Group.
Air Arabia Egypt chooses AJW Aviation to provide PBH support Read More »
WestJet announced the departure of Cam Kenyon, WestJet Executive Vice-President, Operations, effective July 20, 2013. Cam will be returning to Denver to be with his family.
WestJet announces departure of Cam Kenyon Read More »
