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SIA Engineering Reports 16% Profit Increase for 1H Fiscal 2024/25

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…

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TP Aerospace Expands Wheels and Brakes Program for K-Mile Air’s B737 Fleet

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…

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Heston Materials and Lufthansa Technik Strengthen MRO Partnership

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,…

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Jet International Acquires Two CF34-8C Engines for Repair and Future Builds

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…

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SpiceJet Ordered to Pay $3.7 Million to Aerocare Aviation Services After Eight-Year Dispute

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.

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United Nigeria Airlines and Cronos Aviation Sign MOU to Build MRO Facility in Nigeria

United Nigeria Airlines has entered into a Memorandum of Understanding (MOU) with Cronos Aviation, a Canadian aviation services provider, to establish a new Maintenance, Repair, and Overhaul (MRO) facility in Nigeria. This partnership aims to address the growing demand for aircraft maintenance services within Nigeria and the surrounding region, reducing reliance on foreign MRO facilities…

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FTAI Aviation in Talks to Develop V2500 Engine Shop with Pratt & Whitney

FTAI Aviation, a U.S.-based aerospace company, is exploring the possibility of transforming its Montreal facility, FTAI Canada, into a V2500 engine maintenance and repair shop. The V2500 engine, widely used on Airbus A320 family aircraft, is manufactured by Pratt & Whitney, which is currently in discussions with FTAI about this potential expansion. If successful, this…

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XEJet Plans FBO and Maintenance Facility in Abuja for Expanding Services

Nigerian aviation company XEJet has announced plans to construct a Fixed-Base Operator (FBO) and maintenance facility in Abuja, following recent regulatory approvals that allow the company to provide aircraft maintenance services. This development is set to expand Nigeria’s aviation infrastructure, offering local maintenance solutions that enhance operational efficiency for regional carriers. XEJet’s sister company, XEJet…

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SAMCO Extends Maintenance Contract with CityJet for CRJ Fleet

SAMCO Aircraft Maintenance has signed a four-year contract extension with CityJet, an Ireland-based wet-lease airline, to provide comprehensive maintenance services for CityJet’s CRJ 900 and CRJ 1000 fleet operating throughout Europe. This extended agreement covers all line maintenance needs, including regular hangar maintenance visits, which will be conducted from SAMCO’s Scandinavian Hub in Copenhagen and…