HAECO Global Engine Support a leading engine services provider, has added a new eight-bay gantry system at its Dallas facility. This new development also coincides with the addition of new LEAP-1A/1B tooling to support experienced technicians to perform hospital maintenance level work. By mid-March 2023, the company will perform quick-turn maintenance tasks ranging from top
Lease rates on popular aircraft types expected to rise The ACMI market grew significantly last year and will see another major jump this year from long-term players and start-ups alike, according to industry experts. They see a strong need for ACMI in the market right now and it’s only expected to grow – the market
AMETEK FMH Aerospace has selected Wencor as its exclusive distributor supporting global military and government aftermarket. This agreement expands the partnership that Wencor and AMETEK SFMS previously announced in September 2022, and now includes the AMETEK flexible metal tubing, ducting, bellows, valves, filter assemblies and fuel boost pumps supporting key military platforms in the aerospace and defence
GKN Aerospace has launched an 80,000-ft² expansion of its Chihuahua, Mexico facility to meet future demands for advanced, complex composite manufacturing and assembly for the business jet industry. The expansion is expected to be completed by the end of 2023 and to create 100 new jobs. The move further strengthens GKN Aerospace’s footprint in Mexico
International Aerospace Coatings Group (IAC) has been selected by Teruel Airport Consortium to develop and operate a new wide-body hangar facility at Teruel Airport in Central Spain under a 25-year concession agreement. IAC has committed to developing this strategically located infrastructure, which will serve the company’s new and existing aviation customers and provide Teruel Airport
MTU Aero Engines (MTU) has increased revenue by 27% to €5.3 billion in 2022 (2021: €4.2 billion). The operating profit increased by 40% from €468 million to €655 million. The adjusted EBIT margin rose from 11.2% in 2021 to 12.3% in 2022. MTU reported net income developed in line with the operating profit and rose
As China’s reopening takes to the skies China made headlines again in the last week with the shooting down of a spy balloon over the U.S and subsequently at several other sightings in different parts of the world. For the aviation industry however, soaring jet fuel demand data will be vital to understanding if China’s
Willis Lease Finance Corporation has released that its United Kingdom subsidiary, Willis Aviation Services Limited (WASL), has expanded its service offerings to include UK CAA base maintenance approvals for the Airbus A320 family, Boeing 737NG, ATR 42/72 and Embraer 135/145 aircraft. These latest approvals complement WLFC’s existing UK CAA and EASA line maintenance approval capabilities
GA Telesis has kicked-off the new year with the disassembly of a Pratt & Whitney 4168 engine. The engine is a part of alease return pool sourced from the company’s Asset Transaction Group. It will be managed by GAT’s Flight Solutions Group (FSG) for disassembly and redistribution. Following the dismantling and repair, the used serviceable
FL Technics, a global provider of aircraft maintenance, repair, and overhaul (MRO) services, has received certification update with extended CAMO (continuing Airworthiness Management Organization) capabilities to service Airbus A220, and Boeing B737-MAX and B787 aircraft. The new approval is the result of rigorous FL Technics development in 2022 focused on industry trends related to efficiency
