ST Engineering has released that its Commercial Aerospace business and SF Airlines Co., (SF Airlines) have entered an agreement to set up a commercial airframe MRO joint venture in Ezhou, Hubei, China. MRO demand in China and the Asia Pacific region is estimated to increase at a compound annual growth rate of about 3% to 7% […]
ST Engineering and SF Airlines to set-up airframe MRO JV Read More »
In 2022, Swissport International (Swissport) aggressively ramped up operations as large parts of the world emerged from the COVID-pandemic. The summer months were characterised by extreme spikes in travel demand that coincided with a dried-up labour market, global uncertainty over post-COVID travel regulations and an operational environment which was characterised by growing pains as global
Swissport doubles passenger numbers in 2022 Read More »
Atlas Air Worldwide Holdings (Atlas Air) has reported full-year 2022 results, including net income of US$355.9 million, compared to a net income of US$493.3 million in 2021. On an adjusted basis, EBITDA totalled US$899.2 million in 2022 compared with US$1.1 billion in 2021. Adjusted net income in 2022 totalled US$418.0 million, compared to US$551.0 million
Atlas Air posts full-year net income of US$355.9 million Read More »
Elbe Flugzeugwerke GmbH (EFW) is a German centre of excellence for aircraft maintenance and Airbus freighter conversions. The company has signed a letter of intent (LoI) with China’s Sichuan Haite Hi-Tech (Haite), a publicly listed aircraft solutions provider, to collaborate on Airbus Passenger-to-Freighter (P2F) conversions. Under the terms of the partnership, Haite will be responsible
Germany’s EFW to collaborate with China’s Haite on A321P2F conversions Read More »
Lufthansa has reported important leadership changes of commercial core functions at the Lufthansa Group and Lufthansa Airlines. Heiko Reitz will be the new CCO of Lufthansa Airlines and Dr Stefan Kreuzpaintner will now be responsible for network, alliance and partner management of the Lufthansa Group Heiko Reitz has made several key strategy decisions for network,
Safran Nacelles and AFI KLM E&M have signed a licence agreement for the maintenance, repair and overhaul (MRO) of the Airbus A320neo’s LEAP-1A nacelles. Over 2,500 nacelles produced by Safran Nacelles are currently in service on Airbus A320neo aircraft that are powered by CFM International’s LEAP-1A engines. Through this agreement, the company ensures that the
Safran and AFI KLM E&M sign licence agreement for MRO of A320neo / LEAP-1A nacelles Read More »
Spirit AeroSystems has announced an agreement with GMR Aero Technic to be the Spirit authorised repair centre in India for Boeing and other aircraft. GMR Aero Technic, a subsidiary of GMR Hyderabad International Airport Limited (GHIAL), is a third-party airframe Maintenance, Repair & Overhaul (MRO) facility offering base maintenance, line maintenance, limited shop and component
GMR Aero Technic becomes Spirit authorised repair centre in India Read More »
Neste has signed a Memorandum of Understanding (MoU) with European carrier Wizz Air, for the supply of sustainable aviation fuel (SAF) from 2025. The MoU gives Wizz Air the opportunity to purchase 36,000 tonnes of SAF from Neste per annum for the supply across the airline’s route network in Europe and the UK. This co-operation ensures
Neste signs agreement with Wizz Air to supply sustainable aviation fuel Read More »
The Indonesian Air Force (IDAF) has taken delivery of the first of five C-130J-30 Super Hercules tactical air-lifters from Lockheed Martin, commemorating a new era in Hercules operations for the longtime C-130 operator. The IDAF’s new C-130J-30s offer increased cargo capacity, speed, range, power, performance and lower operating costs over its legacy C-130s to support
Strategic Development Fund (SDF), the investment arm of UAE’s Tawazun is investing US$3 million through its venture capital programme in Mayman Aerospace (a JetPack Aviation Corp. brand), the U.S.-based manufacturer of the innovative dual-use Speeder Air Utility Vehicle (AUV). As part of SDF’s strategy to invest in dual-use technologies serving both defence and civilian sectors,
Strategic Development Fund to invest US$3 million in Mayman Aerospace Read More »
