21 March 2019

SR Technics renews wheels & brakes services contract with SWISS

SR Technics has renewed a wheels and brakes service contract with its longstanding customer Swiss International Air Lines (SWISS) covering its Airbus fleet for the next five years. The new agreement covers the maintenance and availability of wheels and brakes for both SWISS and Edelweiss Airbus A320, A330 and A340 fleet. All maintenance work will […]

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Lufthansa Technik continues growth – record 2018 revenue and improved results despite major investment

Lufthansa Technik has posted record revenues with a 10% increase for 2018 compared to 2017, also surpassing 2017 results despite intensified price pressure and far-reaching investments in digitalization, its international network and personnel. Applicable to Lufthansa Technik AG and its 21 fully consolidated companies, sales revenues climbed by more than €500 million, surging from €5.404

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Cathay Pacific Group releases combined traffic figures for February 2019

Cathay Pacific Group has released combined Cathay Pacific and Cathay Dragon traffic figures for February 2019 that show an increase in the number of passengers carried and a drop in cargo and mail uplifted compared to the same month in 2018. Cathay Pacific and Cathay Dragon carried a total of 2,833,534 passengers last month –

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S7 Technics and Air Astana agree on five-year maintenance contract

S7 Technics has commenced work under a five-year maintenance, repair and overhaul (MRO) contract signed with Kazakhstan flag carrier Air Astana. The russian aircraft maintenance service provider won the open tender for the contract in the summer of 2018. Under the arrangement, S7 Technics will perform C-checks on the Airbus A320 family of narrow-body aircraft

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Boeing receives U.S. Navy multiyear contract for F/A-18 production

With a three-year contract award for 78 F/A-18 Block III Super Hornets, Boeing will play a vital role in the U.S. Navy’s fleet modernization efforts. The Block III configuration adds capability upgrades that include enhanced network capability, longer range, reduced radar signature, an advanced cockpit system and an enhanced communication system. Boeing will begin converting

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Aero Asset signs four exclusive helicopter remarketing agreements

Aero Asset had a successful launch at HAI Heli Expo 2019, held in Atlanta, GA. earlier this month. The new Toronto, Canada-based business, with global reach, headed by co-founders Emmanuel Dupuy, William Sturm and Valerie Pereira, signed four exclusive remarketing agreements:  A 2007 Airbus AS365 N3 SN 6770, 2007 H155 SN6771, 2009 Sikorsky S76C++ SN

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