AVAir and Lufthansa Technik ink spares deal 

AvAir, aninventory solutions provider for the aviation aftermarket, and Lufthansa Technik have signed a long-term aftermarket sales agreement. AvAir has purchased the majority of Lufthansa Technik’s overstock of rotable spares inventory. The Arizona-based company acquired 9,000 line items, comprising of components including IDGs (Integrated Drive Generator), FADECs (Full Authority Digital Engine Control) and Starters. The first…

KlasJet adds cargo services to its offering

KlasJet, a family member of Avia Solutions Group and a private and corporate jet charter company, has added cargo services to its portfolio by collaborating with cargo airline BlueBird Nordic. The latter company’s newly acquired Boeing 737-300 will enable KlasJet to carry out cargo services globally. The alliance of KlasJet’s…

Cargo demand more robust than during GFC: IATA

Despite a sharp fall in demand for air cargo in March, which fell by 15.2%, the sector is still posting better figures than during the Great Financial Crisis when it plunged 23%, according to IATA’s chief economist Brian Pearce. Pearce was speaking on a weekly audio briefing by the industry…

Africa to Europe cargo traffic drops by 70%

The air cargo sector in Africa is reeling from the impact from COVID 19 with Africa-to Europe cargo traffic now down 70% year-on-year, causing the International Air Cargo Association (TIACA) to call for industry and governments in the region to take action. “We are encouraging African airlines to respond to…

Airbus pulls out of proposed Thai MRO JV 

Airbus has pulled out of on an 11 billion baht MRO joint venture with Thai Airways, according to local media. The project was to develop a maintenance, MRO facility at the U-Tapao Airport in Rayong province. The airport also serves the seaside resort of According to Thai media reports. Airbus…

Delta gets FAA approval to store cargo in passenger cabins

As demand continues to grow to move essential goods around the world during the COVID-19 pandemic, Delta is set to increase its cargo capacity by utilizing storage areas in the passenger cabin. Delta has received approval from the Federal Aviation Administration to utilise overhead bin space of widebody aircraft for…

Baltic Exchange partners with TAC Index and moves into air cargo market

EU authorised benchmark administrator the Baltic Exchange has partnered with air cargo pricing publisher TAC Index Company of Hong Kong. The Baltic Exchange and TAC will provide new regional general air cargo rate assessments. TAC’s Regional General Air Cargo Indices will be rebranded as the Baltic Air Freight Index (BAF…

APOC Aviation acquires young A319 for teardown  

APOC Aviation has purchased an A319-111 from SMBC Aviation Capital for tear-down. MSN 3380 was previously operated by Spanish flag-carrier, Iberia, and it is the fourth A320 family plane acquired this year. Two are already being parted out in Marana, Arizona, and this particular aircraft is already located at eCube…

ST Engineering wins $900 million worth of contracts in Q1 

Singapore Technologies Engineering (ST Engineering) has won nearly $900 million of aerospace related contracts in the first quarter of 2020. The group’s Aerospace sector secured about $838m across its spectrum of aviation manufacturing and MRO businesses. The MRO contracts included A320 heavy maintenance contracts and CFM56-7B engine maintenance contracts from…

HAECO Cabin Solutions launches passenger cabin cargo units 

HAECO Cabin Solutions, a business unit of the HAECO Group with headquarters in Greensboro, North Carolina, USA, has launched new, certifiable devices to allow package stowage in the main passenger cabin. As the COVID-19 environment developed, the company saw that airlines were beginning to use passenger flights strictly for cargo….

Kellstrom Aerospace completes acquisition of A320-214 for teardown

Kellstrom Aerospace a global aftermarket aircraft lifecycle solutions provider, today announced the acquisition of an A320-214 (MSN 2180) with Serviceable CFM56-5B4/P Engines. The A320 airframe was recently acquired for disassembly in the UK. The engines will be remarketed through Kellstrom Aerospace Asset Management for Sale or Lease. This project will…

HAECO Composite Services adds GE90 fan case repair capability

 HAECO Composite Services, a member of the HAECO Group, has added capability for preventive maintenance inspections and associated repairs on fan stator modules for GE90 engines on Boeing 777 aircraft. Established in 2009 and located in Jinjiang, Fujian province, Mainland China, HAECO Composite Services is a dedicated composite maintenance, repair…