The effects of the COVID-19 pandemic have seen Munich Airport record its lowest traffic figures since it opened in 1992. Due to global travel restrictions, the passenger volume in Munich fell by around 37 million to a little more than eleven million, nearly 77% lower than the previous year’s figure. In the same period, the
MTU Maintenance and start-up airline Air Sial from Pakistan, have signed an exclusive five-year contract for the maintenance, repair, and overhaul of Air Sial’s six V2500 engines. Beyond MRO, the agreement includes engine trend monitoring, on-site services, and lease engine support as well as technical training. Air Sial began operations in December 2020. It currently
Elliott Aviation, a leader in business aviation services since 1936, has announced it has acquired Atlanta-based MRO, The Maintenance Group. The Maintenance Group has been successfully operating at the DeKalb-Peachtree Airport (PDK) in Atlanta, GA, for over 25 years. The acquisition of The Maintenance Group adds the following additional airframe service capabilities to Elliott Aviation’s
Rex Airlines has marked another major milestone, with the first of its Boeing 737-800NGs in full Rex livery (airline colors) landing in Sydney on Christmas Eve. Rex has leased six Boeing 737-800NG aircraft in readiness for its inaugural service from Melbourne to Sydney commencing March 1, 2021. Brisbane will be added to Rex’s capital city
Swissport has been awarded a major long-term contract by the Lufthansa Group for Switzerland. The new contract secures significant business volumes. It covers passenger services and airport ramp handling for Lufthansa, Swiss International Air Lines, Austrian Airlines, and Edelweiss Air at the airports in Zurich, Geneva and Basel. The new seven-year contract with the Lufthansa
The long-term value of commercial aircraft engines is set to withstand the worst effects of COVID-19, according to new data from IBA. Engine values and lease rates remain soft across all the wide-body, narrow-body, regional jet markets in the short term. Mature wide-body engines have experienced the greatest reductions and young narrow-body engines the least. However,
AAR has signed a ten-year agreement with Honeywell to be the sole channel partner licensee for component repair and overhaul services for the OEM’s suite of Electronic Bleed Air Systems (EBAS) covering 15 components on the B737 MAX aircraft. The new agreement supplements AAR’s existing Honeywell license agreement that covers over 1,200 Honeywell components. AAR
The aviation business of the new joint venture of Reliance Industries Limited (RIL) and bp has now taken over refueling operations at 30 airports across India. These locations had previously been operated by RIL alone. RIL and bp announced the start of their new Indian fuels and mobility joint venture, Reliance BP Mobility Limited (RBML),
British Airways has teamed up with ZeroAvia, a leading innovator in decarbonising commercial aviation, in a project to explore how hydrogen-powered aircraft can play a leading role in the future of sustainable flying. The collaboration, which reflects the importance of sustainability at British Airways, will see ZeroAvia embedded in the heart of the airline. The
GA Telesis, LLC (GAT) has announced the purchase of one Pratt & Whitney PW4056-3 engine last operated by Air Atlanta Icelandic. The transaction was recently concluded by the Component Solutions Group (CSG) and the engine will be immediately inducted for disassembly. The removed material will be directly routed for repairs with GA Telesis’ approved MRO
