17 February 2021

Skyways Technics Asia extends workshops and capabilities

Skyways Technics A/S has announced that its fully owned subsidiary Skyways Technics Asia Sdn Bhd, established in Subang, Malaysia in 2014, has successfully extended its structural repair workshops and warehousing facilities to more than 3,000 m². The workshops’ surface area has tripled, with the installation of additional shops for sheet metal and composite works. Furthermore, […]

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StandardAero signs definitive agreement to acquire Signature Aviation’s Engine Repair and Overhaul business

StandardAero, a provider of maintenance, repair, and overhaul (MRO) services, has entered into a definitive agreement to acquire Signature Aviation’s Engine Repair and Overhaul (ERO) business. The transaction is expected to close mid-2021, subject to the receipt of regulatory approvals and the satisfaction of other customary closing conditions.   Like StandardAero, ERO is an engine MRO provider

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RECARO signs contract extension with Airbus for SWIFT SFE seats

Germany’s Recaro Aircraft Seating has confirmed that it has signed an extension to its original 2016 contract to provide Airbus with SWIFT economy class seats, Bl3530, for the A320 Family aircraft.  This contract extension will enlarge the supplier-furnished equipment (SFE) catalogue with the most up-to-date Recaro products. The SWIFT program was devised to target lessors

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Finnair completes lease financing arrangement for next A350 aircraft delivery

As part of Finnair’s rebuild program, the company has finalized a lease financing arrangement for its next A350 aircraft delivery, with JLPS Holding Ireland Limited as the lessor and lease servicer. In the arrangement, Finnair will assign the purchase of the Airbus A350 aircraft to a third party, and then lease it back for its

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F/LIST joins research consortium to bring renewable materials to aviation interiors

Composites for aviation that are made from 100% renewable raw materials, and which not only have excellent properties, but are also decorative: that’s the goal of the BioForS project consortium. The aim is to replace conventional fire-resistant lightweight components for aircraft interiors, which include sheets made from fossil raw materials.  “We aim to make aviation

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MAAS Aviation opens new aircraft paint shop in Kaunas, Lithuania

MAAS Aviation, recognized experts in aircraft painting and exterior coatings, has opened a new purpose-built paint shop at Kaunas Airport (KUN). The facility, which is the first of its kind in Lithuania, grows MAAS Aviation’s global footprint to eleven paint shops and increases its overall MRO capacity in Europe by 40%. Designed to achieve the highest

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IBA sees major structural downshifts in values of current generation widebodies

New generation widebody and narrowbody aircraft have seen only modest declines in their market values despite the enormous challenges of COVID-19, according to aviation industry consultant IBA. In its latest Aircraft Values webinar, IBA made no base value changes to new generation widebody aircraft. It ascribes only modest market value changes and the quickest recovery

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