MRO specialists FL Technics has said its revenue reached €119 million in 2018, up 14% from €103 million experienced in 2017. The firm has also reached net profit of €10.8 million – up from €5.7 million last year. Zilvinas Lapinskas, CEO at FL Technics, said: “Persistence, LEAN implementation in our…
Worldwide leaders in the areas of aviation leasing and MRO gathered together for talks, exhibitions and networking opportunities at Airline Economics’ Dublin Aviation Summit. Lasting for three days, the Dublin Aviation Summit, began with a golf tournament at the K Club, supported by ACS, which was won by John Keegan of CFM…
Bombardier has signed an agreement with Jetex for the establishment of a new line maintenance station in Dubai, UAE. The group believes this will further complement the tip-to-tail maintenance services provided by Bombardier’s service and support network in the Middle East and around the globe. The new line maintenance station…
Honeywell recently hosted its annual investor day at its US headquarters in Morris Plains, New Jersey, which focused on driving organic growth acceleration, continuous margin expansion and cash flow improvement. In the latest equity research by Jeffries, it is reported that Honeywell expects mid-to-high single digit growth from China with up…
Spirit Aerosystems has announced that it will maintain its current delivery rate on the Boeing 737 program of 52 shipsets per month. This follows Boeing’s announcement that it will reduce its own production rate of the aircraft to 42 aircraft per month. “Previously, we had planned to increase production to…
Volga-Dnepr Technics Moscow (VDTM) has been certified for compliance with the ISO 9001-2015 international standard. The implementation of a quality management system (QMS) was a strategic decision aimed at enhancing the company’s performance, reducing risks and providing a firm basis for its sustainable development. The QMS implemented has improved the…
C&L Aviation Services has been awarded the contract to provide ADS-B solution for the JetSuiteX Fleet of E135/145s. Under this contract, which consists of several dozen E135/145 aircraft, C&L will provide Honeywell Primus II, as it is the best option for the JetSuiteX fleet to comply with the FAA Automatic…
APOC Aviation has acquired three A320 airframes for part-out. MSN 712, 718 and 720 were formerly acquired by CALC Group (China Aircraft Leasing Group) from China Southern Air Leasing earlier this year. APOC will retain CALC Group’s MRO joint venture, FL ARI Aircraft Maintenance & Engineering Company (FL ARI) to…
Air France Industries KLM Engineering & Maintenance (AFI KLM E&M) has entered into an exclusive maintenance agreement with Viva Air Group, a low cost airline based in Colombia and Peru, that includes the support of airframe components and logistical services. “AFI KLM E&M provides the solutions for the unique operational…
AAR will be extending its PW2000 engine support contract with MTU Maintenance for another five years. AAR will be supplying PW2000 parts to support MTU, which is one of the largest engine overhaul providers in the world. MTU has recently said it has won contracts valued at more than $700…
Embraer has signed a Pool Program Agreement with Air Botswana to support a wide range of repairable components for itsE170aircraft. The multiyear Pool Program Agreement includes full repair coverage for components and parts as well as unlimited access to a large stock of components at Embraer’s distribution centre. “Air Botswana…
Embraer has signed a Pool Program Agreement with Air Botswana to support a wide range of repairable components for itsE170aircraft. The multiyear Pool Program Agreement includes full repair coverage for components and parts as well as unlimited access to a large stock of components at Embraer’s distribution centre. “Air Botswana…
