24 October 2018

Safran on track to meet 2018 outlook

Safran has reported that third-quarter 2018 adjusted revenue was €5,348 million, an increase of 45.4% on a reported basis, including a contribution of €1,200 million from Zodiac Aerospace. On an organic basis, adjusted revenue grew 11.4%. First nine-month 2018 adjusted revenue was €14,854 million, up 30.9% on a reported basis year-on-year, including a seven-month contribution […]

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EASA approves AerTrak ADS-B Out system for Boeing 737 NG series aircraft

AerSale®, a global supplier of mid-life aircraft, engines, used serviceable material, and MRO services, has reported that the European Aviation Safety Agency (EASA) has approved the company’s AerTrak™ ADS-B Out system on Boeing 737 NG series aircraft (10065422). Earlier this year, the Federal Aviation Administration (FAA) approved AerTrak for Boeing 737 NG series aircraft (ST04009NY)

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Reiner Winkler to remain MTU Aero Engines’ CEO for another five years

MTU Aero Engines AG’s Supervisory Board has extended the contract of CEO Reiner Winkler by five years until September 30, 2024. The decision was made by a unanimous vote at the Supervisory Board’s meeting on October 24, 2018. Klaus Eberhardt, Chairman of the Supervisory Board, said: “Reiner Winkler has done an excellent job running MTU

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thyssenkrupp Aerospace new Moroccan location taking off this year

Morocco’s aerospace industry is booming. With an annual growth rate of over 15%, it is a significant driving force behind the nation’s economy. This encouraging development is also fueling demand for local material suppliers and service providers. “This is a trend we identified early on, and we will be commissioning our highly modern materials processing

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Everest Events and AviTrader launch joint event series

UK based Everest Events and AviTrader agree to cooperate in the field of organizing aviation events and seminars. The venture will focus on seminars about supply chain, inventory management and technical cost reduction. The first seminar with the topic “Inventory Optimization & Supply Chain Management” is already scheduled in February 2019. All events and seminars

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GA Telesis Engine Services achieves Directorate General of Civil Aeronautics certification in Mexico

GA Telesis Engine Services (GATES) has achieved Directorate General of Civil Aeronautics Certification in Mexico (DGAC). DGAC approval provides GATES with access to a major MRO market for CFM56 engines and will allow the company to develop and expand its customer base in the region. GATES has previously been approved by the Federal Aviation Authority

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Airbus Hamburg plant faces further delays for delivery of A321 jets

Having been subjected to the slow delivery of engines for the previous two years, Airbus is now struggling to deal with their rapid arrival. According to Reuters, internal snags have further added to the delays, which means the plane manufacturer is also finding it difficult to meet its target of delivering 76 single-aisle jets per

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