All MRO news – Page 29
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NewsHigher revenue boosts ST Engineering Aerospace full-year profit
ST Engineering’s aerospace arm notched a 15.5% increase in its full-year operating profit – on the back of higher revenue – to S$310 million ($221 million). Revenue for the year ended 31 December 2019 came in at S$3.45 billion, about 30% higher than the same period last year. Net profit, ...
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NewsFirst Air France A380 enters retirement in Ireland
The first of up to four ex-Air France Airbus A380s has been positioned into Ireland West Airport for storage, signalling the start of the airline’s superjumbo retirement process.
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NewsFuselage of first airline A380 recycled into identity tags
A German company is using recycled fuselage parts from the first airline-operated Airbus A380 to create collectable identity tags, following the parting out of the aircraft by Tarmac Aerosave.
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NewsLHT joins Collins’ GTF nacelle MRO network
Collins Aerospace and Lufthansa Technik have signed a licensing agreement for nacelle MRO services for the Pratt & Whitney PW1100G geared turbofan. Under the agreement, LHT will now join Collins’ nacelle MRO network. Collins, which is the original equipment manufacturer for the PW1100G nacelles, will provide LHT with technical and ...
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NewsSIAEC takes 49% stake in Malaysia’s Pos Aviation Engineering
SIA Engineering (SIAEC) is expanding into the Malaysian market, with a 49% stake acquisition in Pos Aviation Engineering Services (PAES). The MRO arm of Singapore Airlines is acquiring the stake from Pos Aviation, the parent company of PAES, in a deal valued at MYR10.1 million ($2.44 million). Pos Aviation is ...
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NewsSIAEC to form maintenance joint venture in Korea
SIA Engineering will set up a line maintenance joint venture with the parent company of South Korean low-cost start-up Aero K. SIAEC will take a 51% equity stake in the new joint venture, while Air Innovation Korea will take the remaining 49% stake. The new company will have an initial ...
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NewsST Engineering Aerospace chief talks sustainability
ST Engineering’s aerospace unit is looking to up its sustainability efforts in its operations. The head of ST Engineering’s aerospace unit Lim Serh Ghee acknowledges that the company “has a part to play” in sustainability, being part of the larger aviation community. Source: BillyPix head of ST Engineering’s ...
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NewsAirbus on course for $10 billion revenues from services sector by 2030
Manufacturer aims drive business through organic growth and partnerships
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NewsAirbus aims to tackle A380 reconfiguration costs with Singapore MRO
SIA joint venture carries out first cabin retrofitss
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NewsLessor BBAM orders trio of Boeing Converted Freighters
Aircraft lessor BBAM has ordered three 737-800 Boeing Converted Freighters, the US airframer has disclosed.
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NewsST Engineering inks nacelle maintenance deal with Qantas
ST Engineering’s aerospace unit has signed a five-year nacelle maintenance contract with Qantas covering the carrier’s 75 Boeing 737-800 and 28 Airbus A330 fleets. Separately, ST Engineering announced that its Middle River Aerostructure Systems facility in the USA will, from this year, have nacelle component maintenance service capabilities. “Through such ...
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NewsSIA Engineering posts steady third-quarter result
Singapore’s SIA Engineering (SIAEC) posted a steady operating profit for the three months ended 31 December, with marginal declines on both costs and revenues. Revenue was down by 1.5% to S$252.1 million ($181.5 million), largely due to a decrease in airframe and line maintenance revenue. Expenditure declined 1.7% to S$236 ...
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NewsMore conversion work confirmed for A321P2F cargo modification
Agreements signed with BBAM and Qantas for additional conversions
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NewsST Engineering, Vietnam Airlines explore airframe MRO joint venture
ST Engineering and Vietnam Airlines have inked an agreement to explore setting up an airframe MRO joint venture. The joint venture would operate out of Vietnam Airlines’ facilities in Hanoi Noi Bai International Airport, and Tan Son Nhat International Airport in Ho Chi Minh City. If set up, it would ...
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NewsMRO players join forces to start sector-wide blockchain trial
Multiple MRO players have formed a partnership to jointly investigate and set standards for the use of blockchain technology to digitally track aircraft parts.
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NewsJuly delivery planned as A321P2F begins flight testing
Flight testing is under way of the first Airbus single-aisle passenger-to-freighter conversion, the A321P2F, with delivery targeted for July.
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NewsGMF AeroAsia undecided on private placement
GMF AeroAsia remains undecided on plans for a private share placement, even as a two-year deadline draws close. In March 2018, shareholders gave their approval to issue 2.82 billion new shares, about 10% of total shares. Of this, around 2.33 billion shares will be issued to a strategic investor selected ...
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NewsSIAEC incorporates engine overhaul joint venture with GE
SIA Engineering and GE Aviation have incorporated their engine overhaul joint venture which will provide MRO services for the GE90 and GE9X engines. This comes about two years after the pari inked an agreement with the intention to set the joint venture up. Plans to form the joint venture were ...
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NewsST Engineering Aerospace doubles contract wins for 2019
ST Engineering’s aerospace unit has clinched S$1.1 billion ($808 million) worth of new MRO contracts in the quarter that ended 31 December. This brings the total value of the unit’s contracts for 2019 to about S$4.2 billion, nearly twice of S$2.1 billion in 2018. Among the new deals the unit ...
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NewsChecklist concern emerges after E175 crew's pitch-trim battle
US investigators have discovered chafed horizontal stabiliser control wiring on an American Eagle Embraer 175 involved in a serious mis-trim and pitch-control incident on departure from Atlanta. The pilots of the aircraft, operated by Republic Airways, were unable to engage the autopilot at 2,200ft and experienced difficulty in holding the ...