Satair, a Denmark-based aviation services company specializing in aircraft parts and solutions, and Eastern Airlines Technic, a major Chinese MRO provider, have signed a Letter of Intent (LOI) to begin discussions regarding a potential collaboration. This LOI signals a shared interest in exploring strategic opportunities to enhance their services and reach within the aviation sector, especially in the…
LOT Aircraft Maintenance Services (LOTAMS), a leading Polish MRO (maintenance, repair, and overhaul) provider, has officially opened a new operational base in Rzeszow, Poland. This expansion marks a significant step in LOTAMS’s strategy to enhance its maintenance network and service capacity within the region, supporting both domestic and international clients. With this new base, LOTAMS aims…
LATAM Brasil has announced a significant $40 million investment in the construction of a new maintenance hangar at its LATAM MRO facility located in São Carlos, São Paulo. This new hangar is specifically designed to support the maintenance needs of Boeing 787 aircraft, a model integral to LATAM’s long-haul fleet. The investment underscores LATAM Brasil’s commitment to enhancing its in-house MRO (maintenance, repair, and overhaul)…
GE Aerospace has announced that Xiamen Airlines, a leading carrier in China, has signed a TrueChoice service agreement to cover maintenance, repair, and overhaul (MRO) services for 35 GEnx engines. These engines power Xiamen Airlines’ fleet of Boeing 787 aircraft, which are instrumental in the airline’s long-haul operations. The TrueChoice agreement reflects both companies’ commitment to enhancing engine performance and maximizing operational efficiency for…
VSE Corporation, a prominent U.S.-based provider of aftermarket distribution and MRO (maintenance, repair, and overhaul) services, announced a strong performance for the third quarter of 2024. The company reported an 18.3% increase in total revenue, bringing its quarterly earnings to $273.6 million. This growth is attributed to expanded demand in VSE’s aviation, fleet, and federal services segments,…
SIA Engineering Group (SIAEC), a leading provider of MRO (maintenance, repair, and overhaul) services based in Singapore, has reported a robust financial performance for the first half of its fiscal year 2024/25. The Group achieved a 16% increase in net profit, reaching US$52.2 million, compared to the previous period. This growth reflects the strong operational…
TP Aerospace, a Danish aviation support company specializing in wheels and brakes, has extended its partnership with Thailand’s K-Mile Air through a new and updated long-term Wheels and Brakes Program. This expanded agreement will cover both K-Mile Air’s current fleet of Boeing 737 Classic (B737CL) and Next Generation (B737NG) aircraft, as well as any future…
Heston Materials, a leading aviation materials provider based in Lithuania, has entered into a new agreement with Lufthansa Technik, a renowned German MRO (Maintenance, Repair, and Overhaul) provider. This strengthened collaboration between the two companies aims to enhance their combined capabilities in delivering comprehensive MRO services to airlines and aviation operators worldwide. Through this partnership,…
Jet International, a U.S.-based aviation parts and services provider, has announced the acquisition of two CF34-8C engines, obtained after teardown. These engines are scheduled for immediate repair and will be utilized in future engine builds, enabling Jet International to strengthen its support for airline and MRO (Maintenance, Repair, and Overhaul) clients who rely on CF34…
SpiceJet, the prominent low-cost airline based in India, has been ordered to pay $3.7 million, along with applicable interest, to Aerocare Aviation Services following an eight-year legal dispute. The ruling brings closure to a prolonged financial disagreement between the two parties and underscores the importance of clear contractual and service agreements within the aviation sector.
